Telsey Advisory Group Issues Pessimistic Forecast for ThredUp (NASDAQ:TDUP) Stock Price

ThredUp (NASDAQ:TDUP) had its target price reduced by analysts at Telsey Advisory Group from $7.00 to $6.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Telsey Advisory Group’s target price indicates a potential upside of 87.79% from the company’s current price.

A number of other equities analysts have also recently issued reports on TDUP. Roth Capital restated a “buy” rating and issued a $6.50 price objective on shares of ThredUp in a research note on Thursday. TD Cowen upped their price objective on ThredUp from $5.00 to $5.70 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Wells Fargo & Company decreased their price target on ThredUp from $10.00 to $8.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 5th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of ThredUp in a report on Wednesday, June 24th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $6.55.

ThredUp Price Performance

Shares of TDUP traded down $3.08 during mid-day trading on Thursday, hitting $3.19. The company’s stock had a trading volume of 15,111,099 shares, compared to its average volume of 2,267,274. The stock has a market capitalization of $412.29 million, a price-to-earnings ratio of -19.91 and a beta of 2.01. ThredUp has a fifty-two week low of $3.08 and a fifty-two week high of $12.28. The firm has a 50-day moving average price of $5.94 and a 200 day moving average price of $4.88. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.95 and a quick ratio of 0.95.

ThredUp (NASDAQ:TDUP) last issued its earnings results on Wednesday, August 5th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). ThredUp had a negative net margin of 6.68% and a negative return on equity of 36.11%. The business had revenue of $90.77 million during the quarter, compared to analyst estimates of $90.34 million. On average, research analysts predict that ThredUp will post -0.09 EPS for the current fiscal year.

Insider Transactions at ThredUp

In other news, COO Christopher Homer sold 61,578 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $4.43, for a total value of $272,790.54. Following the completion of the transaction, the chief operating officer owned 1,301,843 shares of the company’s stock, valued at $5,767,164.49. This represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Sean Sobers sold 45,554 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $4.43, for a total transaction of $201,804.22. Following the transaction, the chief financial officer directly owned 572,523 shares of the company’s stock, valued at $2,536,276.89. The trade was a 7.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 23.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its position in shares of ThredUp by 47.9% in the 1st quarter. Bank of America Corp DE now owns 345,353 shares of the company’s stock valued at $1,133,000 after buying an additional 111,829 shares during the last quarter. Amundi acquired a new position in shares of ThredUp in the first quarter worth approximately $90,000. Royal Bank of Canada boosted its holdings in ThredUp by 50.2% in the first quarter. Royal Bank of Canada now owns 101,062 shares of the company’s stock valued at $331,000 after acquiring an additional 33,781 shares during the last quarter. Empowered Funds LLC acquired a new stake in ThredUp during the 1st quarter valued at approximately $1,338,000. Finally, Arrowstreet Capital Limited Partnership increased its position in ThredUp by 19.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,965,484 shares of the company’s stock valued at $9,727,000 after purchasing an additional 473,907 shares during the period. 89.08% of the stock is owned by institutional investors.

ThredUp News Roundup

Here are the key news stories impacting ThredUp this week:

• Positive Sentiment: Second-quarter revenue reached a record $90.8 million, up 17% year over year and slightly above analysts’ expectations. Gross margin was 79.9%, while gross profit also increased 17%. ThredUp Announces Second Quarter 2026 Results
• Positive Sentiment: Active buyers rose 21% to a record 1.77 million, indicating continued customer adoption. ThredUp also ended the quarter with $57.4 million in cash, restricted cash and marketable securities, up $3 million from the prior quarter. ThredUp Navigates K-Shaped Economy as Revenues Climb 17%
• Neutral Sentiment: Analysts maintain a consensus rating of “Moderate Buy,” which could provide some support, although the rating does not offset concerns about near-term earnings and guidance. ThredUp Receives Consensus Rating of Moderate Buy
• Neutral Sentiment: Management said it is adjusting marketing tactics to navigate a “K-shaped” economy, suggesting differing consumer spending patterns may be affecting customer acquisition and demand. ThredUp Q2 2026 Earnings Call Transcript
• Negative Sentiment: ThredUp reported a second-quarter loss of $0.05 per share, worse than the expected loss of $0.03. Its negative net margin and return on equity underscore continued profitability challenges. ThredUp Quarterly Earnings Report
• Negative Sentiment: Third-quarter revenue guidance of $87 million-$89 million trails the $93 million consensus estimate, while full-year guidance of $344.4 million-$348.4 million is below the $354.8 million forecast. The outlook raised concerns about slowing growth and contributed to pressure on TDUP.

ThredUp Company Profile

ThredUp, Inc operates an online consignment and thrift platform that enables consumers to buy and sell secondhand clothing and accessories. Through its digital marketplace, the company offers curated selections of apparel for women and children, spanning a broad range of brands and styles. Sellers can order a “Clean Out Kit” to send in items they no longer wear, while buyers benefit from discounted prices and a simplified shopping experience powered by ThredUp’s in-house authentication, quality control and logistics capabilities.

In addition to its core consumer-to-consumer marketplace, ThredUp has expanded into business-to-business services with its Resale-as-a-Service (RaaS) offering.