1stdibs.com (NASDAQ:DIBS) Issues Quarterly Earnings Results

1stdibs.com (NASDAQ:DIBS) announced its quarterly earnings data on Friday. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02), Zacks reports. The company had revenue of $22.39 million for the quarter, compared to analysts’ expectations of $22.73 million. 1stdibs.com had a negative net margin of 15.25% and a negative return on equity of 14.44%.

Here are the key takeaways from 1stdibs.com’s conference call:

• 1stDibs reported positive adjusted EBITDA for the second consecutive quarter (~$600k), generated $8.0M of free cash flow in Q1, and ended the quarter with $85.3M in cash after ~$9.1M of share repurchases.
• Top-line activity remained soft: GMV was $89.7M (down 5%) and net revenue $22.4M (down 1%), with active buyers falling ~10% as a result of deliberate sales and performance marketing reductions and a weak U.S. housing backdrop.
• Management is reallocating spend toward product and engineering (Tech spend +10%; AI-assisted development now >50% of new code) and reported immediate gains in discovery metrics (search success +4%, null results -25%) with visual search launching in Q2 and natural-language search planned later in 2026.
• Operational levers to boost conversion and margins include pricing and shipping initiatives — price-parity coverage rose 44%, take rates increased ~120 bps, USPS integration cut small-parcel rates ~30–50%, and tracking support will expand from ~10 to 70+ carriers.

1stdibs.com Price Performance

Shares of NASDAQ DIBS traded down $0.18 during midday trading on Friday, reaching $4.28. 279,608 shares of the stock traded hands, compared to its average volume of 147,996. The company’s 50 day moving average is $5.45 and its 200 day moving average is $5.33. 1stdibs.com has a one year low of $2.35 and a one year high of $6.62. The stock has a market capitalization of $155.71 million, a PE ratio of -10.97 and a beta of 0.76.

Analysts Set New Price Targets

Several equities analysts have recently commented on DIBS shares. Wall Street Zen downgraded shares of 1stdibs.com from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Northland Securities upgraded shares of 1stdibs.com from a “market perform” rating to an “outperform” rating and set a $7.00 price target on the stock in a report on Tuesday, March 3rd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of 1stdibs.com in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, 1stdibs.com currently has an average rating of “Hold” and an average price target of $7.00.

Insiders Place Their Bets

In related news, General Counsel Melanie F. Goins sold 12,248 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $5.50, for a total transaction of $67,364.00. Following the sale, the general counsel owned 224,270 shares of the company’s stock, valued at $1,233,485. This represents a 5.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 15,000 shares of company stock valued at $82,553 in the last quarter. Insiders own 24.21% of the company’s stock.

Hedge Funds Weigh In On 1stdibs.com

A number of institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of 1stdibs.com by 59.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,395 shares of the company’s stock valued at $27,000 after acquiring an additional 3,862 shares during the last quarter. Jump Financial LLC purchased a new stake in 1stdibs.com during the second quarter valued at approximately $30,000. Elevation Point Wealth Partners LLC bought a new stake in shares of 1stdibs.com in the 3rd quarter valued at approximately $34,000. Bank of America Corp DE lifted its stake in shares of 1stdibs.com by 43.5% in the 3rd quarter. Bank of America Corp DE now owns 13,216 shares of the company’s stock valued at $34,000 after purchasing an additional 4,006 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of 1stdibs.com in the 1st quarter worth approximately $45,000. 66.97% of the stock is owned by hedge funds and other institutional investors.

1stdibs.com Company Profile

1stDibs.com is an online marketplace specializing in high-end furniture, fine art, jewelry, watches, fashion and decor. The platform curates offerings from independent dealers, galleries and luxury brands, enabling vetted sellers to reach discerning buyers around the world. Headquartered in New York with an additional office in Paris, 1stDibs has built a reputation for quality and authenticity through rigorous seller screening and detailed item vetting.

Launched in 2001 by founder Michael Bruno, the company has grown into a leading destination for both private collectors and interior design professionals.