ThredUp (NASDAQ:TDUP) Price Target Cut to $7.00 by Analysts at Telsey Advisory Group

ThredUp (NASDAQ:TDUP) had its price target lowered by research analysts at Telsey Advisory Group from $9.00 to $7.00 in a research report issued to clients and investors on Tuesday. The firm presently has an “outperform” rating on the stock. Telsey Advisory Group’s target price would indicate a potential upside of 60.18% from the stock’s current price.

A number of other brokerages also recently weighed in on TDUP. TD Cowen upped their price target on shares of ThredUp from $5.00 to $5.50 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wells Fargo & Company cut their price target on shares of ThredUp from $13.00 to $10.00 and set an “overweight” rating for the company in a report on Tuesday, March 3rd. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ThredUp in a report on Friday, March 27th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.50.

ThredUp Stock Performance

Shares of ThredUp stock opened at $4.37 on Tuesday. The company has a 50 day moving average of $3.91 and a 200-day moving average of $5.83. ThredUp has a 1-year low of $3.08 and a 1-year high of $12.28. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.24. The company has a market cap of $555.16 million, a PE ratio of -29.13 and a beta of 2.07.

ThredUp (NASDAQ:TDUP) last issued its quarterly earnings results on Monday, May 4th. The company reported ($0.05) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.05). ThredUp had a negative net margin of 6.50% and a negative return on equity of 34.48%. The company had revenue of $81.67 million during the quarter, compared to the consensus estimate of $80.17 million. As a group, equities research analysts forecast that ThredUp will post -0.11 earnings per share for the current fiscal year.

Insider Activity at ThredUp

In related news, CFO Sean Sobers sold 56,504 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $3.82, for a total value of $215,845.28. Following the completion of the transaction, the chief financial officer owned 555,254 shares of the company’s stock, valued at $2,121,070.28. This represents a 9.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Patricia Nakache acquired 13,157 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average cost of $3.73 per share, with a total value of $49,075.61. Following the purchase, the director owned 14,017 shares in the company, valued at $52,283.41. The trade was a 1,529.88% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 23.10% of the stock is owned by insiders.

Hedge Funds Weigh In On ThredUp

Several institutional investors and hedge funds have recently added to or reduced their stakes in TDUP. Woodson Capital Management LP bought a new position in shares of ThredUp during the fourth quarter valued at $11,502,000. Arrowstreet Capital Limited Partnership raised its stake in shares of ThredUp by 263.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,056,345 shares of the company’s stock valued at $19,432,000 after acquiring an additional 1,491,020 shares during the last quarter. Invesco Ltd. raised its stake in shares of ThredUp by 3,682.1% during the second quarter. Invesco Ltd. now owns 1,135,351 shares of the company’s stock valued at $8,504,000 after acquiring an additional 1,105,332 shares during the last quarter. Divisadero Street Capital Management LP bought a new position in shares of ThredUp during the third quarter valued at $9,396,000. Finally, Landscape Capital Management L.L.C. bought a new position in shares of ThredUp during the third quarter valued at $7,389,000. Institutional investors own 89.08% of the company’s stock.

ThredUp News Summary

Here are the key news stories impacting ThredUp this week:

• Positive Sentiment: Q1 results showed revenue of $81.7M (+15% YoY), gross margin improvement (79.2%) and record active buyers of 1.71M (+25%), plus EPS that met consensus — evidence of demand and margin progress. ThredUp Announces First Quarter 2026 Results
• Positive Sentiment: Management raised its full?year 2026 outlook, lifting expectations for Revenue, Gross Margin and Adjusted EBITDA margin — a sign management sees sustainable improvement this year. ThredUp Announces First Quarter 2026 Results
• Neutral Sentiment: Q2 revenue guidance was set at $89.0M–$91.0M (consensus ~$89.6M), essentially in line with Street expectations — not a clear catalyst either way. Q1 2026 Press Release / Guidance
• Neutral Sentiment: Investors can review the full Q1 conference call/transcript for color on customer behavior, marketing cadence and inventory dynamics. ThredUp (TDUP) Q1 2026 Earnings Transcript
• Negative Sentiment: Some analysts are resetting targets and reframing the investment case, reflecting skeptical views about valuation and the runway to sustained profitability. That analyst pushback is pressuring the stock. Why The ThredUp (TDUP) Investment Story Is Shifting As Analyst Targets Reset
• Negative Sentiment: ThredUp remains unprofitable on the quarter (negative net margin ~6.5% and negative ROE), with modest cash (about $54.4M) — ongoing profitability and cash runway concerns limit upside until results turn sustainably positive. ThredUp Q1 Earnings / Marketbeat

About ThredUp

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.