Shares of Torrid Holdings Inc. (NYSE:CURV – Get Free Report) have been assigned an average rating of “Reduce” from the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $1.8125.
A number of research firms recently weighed in on CURV. Weiss Ratings restated a “sell (d)” rating on shares of Torrid in a research report on Friday, July 17th. Zacks Research lowered shares of Torrid from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. BTIG Research reaffirmed a “neutral” rating on shares of Torrid in a research note on Friday, June 5th. Bank of America raised their price objective on shares of Torrid from $2.25 to $2.70 and gave the stock a “buy” rating in a report on Friday. Finally, Wall Street Zen upgraded shares of Torrid from a “sell” rating to a “hold” rating in a report on Saturday, June 13th.
Read Our Latest Stock Analysis on CURV
Torrid Stock Up 9.0%
Torrid (NYSE:CURV – Get Free Report) last announced its earnings results on Thursday, September 3rd. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.08. The company had revenue of $231.73 million for the quarter, compared to the consensus estimate of $237.24 million. As a group, research analysts anticipate that Torrid will post -0.03 EPS for the current fiscal year.
Key Stories Impacting Torrid
Here are the key news stories impacting Torrid this week:
- Positive Sentiment: Management said sales trends improved meaningfully during the second quarter, with July marking a clear inflection point. The company’s customer-growth agenda and improving momentum helped frame the quarter as a potential turnaround. Torrid Turns a Corner: Strong Rebound in Q2 2026 Driven by Customer Growth Agenda
- Positive Sentiment: Profitability expectations supported the rally: Torrid projected fiscal 2026 adjusted EBITDA of $76 million to $86 million and is targeting $110 million in sales from its sub-brands. Torrid projects FY2026 adjusted EBITDA of $76M-$86M while targeting $110M in sub-brand sales
- Positive Sentiment: Third-quarter revenue guidance of $230 million to $235 million was slightly above the approximately $229.7 million consensus estimate, suggesting near-term sales momentum is holding up. Torrid Reports Second Quarter 2026 Results and Updates Fiscal 2026 Guidance
- Neutral Sentiment: Quarterly results were mixed. Torrid reported $231.7 million in revenue, below the $237.2 million analyst estimate. EPS presentations varied by source: MarketBeat cited $0.05 per share versus expectations for a $0.03 loss, while Zacks reported a $0.04 loss versus a $0.03 expected loss. Torrid Holdings Reports Q2 Loss, Lags Revenue Estimates
- Negative Sentiment: Fiscal 2026 revenue guidance of $940 million to $960 million was below the roughly $986.5 million consensus estimate, indicating that the recovery remains uneven and could limit upside if sales do not accelerate. Torrid Holdings Releases Q2 2026 Financial Results
Hedge Funds Weigh In On Torrid
A number of hedge funds have recently bought and sold shares of CURV. Fund 1 Investments LLC lifted its position in Torrid by 0.9% in the 4th quarter. Fund 1 Investments LLC now owns 9,904,856 shares of the company’s stock valued at $9,691,000 after acquiring an additional 90,000 shares in the last quarter. Nomura Holdings Inc. lifted its holdings in Torrid by 94.8% in the third quarter. Nomura Holdings Inc. now owns 6,233,022 shares of the company’s stock valued at $10,908,000 after acquiring an additional 3,034,083 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Torrid in the first quarter worth approximately $3,560,000. Bank of America Corp DE boosted its stake in shares of Torrid by 191.1% during the 2nd quarter. Bank of America Corp DE now owns 1,917,793 shares of the company’s stock worth $5,657,000 after acquiring an additional 1,258,934 shares during the last quarter. Finally, BlackRock Inc. purchased a new position in Torrid during the second quarter valued at $3,585,000. Institutional investors own 81.82% of the company’s stock.
Torrid Company Profile
Torrid, trading under the ticker CURV on the New York Stock Exchange, is a specialty retailer focused on plus-size women’s fashion. Established in 2001 as a division of Hot Topic, Torrid has built its reputation on offering trend-driven apparel and accessories designed specifically for women who wear size 10 to 30. The company’s product assortment spans casual wear, denim, activewear, intimates, footwear, and fashion‐forward accessories, catering to a demographic that has historically been underserved by mainstream retailers.
Over the years, Torrid has expanded from its early mall‐based store footprint to become a multichannel business.
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