Telsey Advisory Group Has Lowered Expectations for ThredUp (NASDAQ:TDUP) Stock Price

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

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

ThredUp Trading Down 49.1%

ThredUp stock traded down $3.08 during mid-day trading on Thursday, reaching $3.19. 15,111,099 shares of the company traded hands, compared to its average volume of 2,267,274. The firm has a market capitalization of $412.29 million, a price-to-earnings ratio of -19.91 and a beta of 2.01. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.95 and a quick ratio of 0.95. The firm’s 50 day moving average price is $5.94 and its 200 day moving average price is $4.88. ThredUp has a 52-week low of $3.08 and a 52-week high of $12.28.

ThredUp (NASDAQ:TDUP) last issued its quarterly earnings data 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). The company had revenue of $90.77 million for the quarter, compared to the consensus estimate of $90.34 million. ThredUp had a negative net margin of 6.68% and a negative return on equity of 36.11%. On average, analysts anticipate that ThredUp will post -0.09 earnings per share for the current fiscal year.

Insider Activity at ThredUp

In related news, COO Christopher Homer sold 61,578 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $4.43, for a total transaction of $272,790.54. Following the completion of the transaction, the chief operating officer owned 1,301,843 shares in the company, valued at $5,767,164.49. The trade was a 4.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 ThredUp stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $4.43, for a total value of $201,804.22. Following the sale, the chief financial officer owned 572,523 shares of the company’s stock, valued at approximately $2,536,276.89. This trade represents a 7.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 23.10% of the company’s stock.

Hedge Funds Weigh In On ThredUp

Several hedge funds have recently bought and sold shares of TDUP. Vanguard Group Inc. lifted its stake in ThredUp by 8.9% during the fourth quarter. Vanguard Group Inc. now owns 7,530,479 shares of the company’s stock worth $48,120,000 after purchasing an additional 616,052 shares during the last quarter. Needham Investment Management LLC grew its position in shares of ThredUp by 7.0% in the 4th quarter. Needham Investment Management LLC now owns 6,075,000 shares of the company’s stock valued at $38,819,000 after buying an additional 400,000 shares during the last quarter. Marshall Wace LLP raised its stake in ThredUp by 11.8% during the 4th quarter. Marshall Wace LLP now owns 4,825,251 shares of the company’s stock worth $30,833,000 after acquiring an additional 509,195 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in ThredUp by 19.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,965,484 shares of the company’s stock valued at $9,727,000 after acquiring an additional 473,907 shares in the last quarter. Finally, State Street Corp increased its position in shares of ThredUp by 26.2% during the fourth quarter. State Street Corp now owns 2,886,417 shares of the company’s stock worth $18,444,000 after purchasing an additional 598,793 shares in the last quarter. Institutional investors and hedge funds own 89.08% of the company’s stock.

ThredUp News Summary

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.