FY2026 EPS Estimates for ThredUp Cut by Northland Securities

Key Points

• Northland Securities trimmed its FY2026 EPS estimate for ThredUp to ($0.08) from ($0.07), slightly below the broader consensus estimate of ($0.09) per share.
• ThredUp’s latest quarterly results were in line with expectations, posting ($0.05) EPS on $81.67 million in revenue, which beat analyst revenue forecasts.
• Analyst views remain mixed but generally constructive: the stock carries a Moderate Buy consensus with an average price target of $9.14, even as some firms cut targets while others kept buy ratings.

ThredUp Inc. (NASDAQ:TDUP - Free Report) - Analysts at Northland Securities reduced their FY2026 earnings per share estimates for ThredUp in a report released on Tuesday, May 5th. Northland Securities analyst B. Brooks now anticipates that the company will post earnings of ($0.08) per share for the year, down from their prior estimate of ($0.07). The consensus estimate for ThredUp's current full-year earnings is ($0.09) per share.

A number of other equities analysts have also weighed in on the company. TD Cowen boosted their price objective on ThredUp from $5.00 to $5.70 and gave the stock a "buy" rating in a research note on Tuesday, May 5th. Weiss Ratings reissued a "sell (e+)" rating on shares of ThredUp in a research note on Friday, March 27th. Wells Fargo & Company lowered their price objective 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, Telsey Advisory Group lowered their price objective on ThredUp from $9.00 to $7.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $9.14.

ThredUp Stock Performance

NASDAQ TDUP opened at $4.82 on Monday. The stock's fifty day moving average is $3.93 and its two-hundred day moving average is $5.74. The firm has a market capitalization of $621.97 million, a P/E ratio of -30.13 and a beta of 2.07. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.95 and a current ratio of 0.95. ThredUp has a fifty-two week low of $3.08 and a fifty-two week high of $12.28.

ThredUp (NASDAQ:TDUP - Get Free Report) last released its quarterly earnings data on Monday, May 4th. The company reported ($0.05) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.05). The company had revenue of $81.67 million for the quarter, compared to analyst estimates of $80.17 million. ThredUp had a negative return on equity of 36.11% and a negative net margin of 6.68%.

Insider Activity at ThredUp

In other news, Director Patricia Nakache acquired 13,157 shares of the business's stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average price of $3.73 per share, for a total transaction of $49,075.61. Following the acquisition, the director owned 14,017 shares of the company's stock, valued at $52,283.41. This represents a 1,529.88% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Sean Sobers sold 56,504 shares of the business's stock in a transaction 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 sale, the chief financial officer owned 555,254 shares in the company, valued at $2,121,070.28. This represents a 9.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 23.10% of the company's stock.

Institutional Investors Weigh In On ThredUp

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of ThredUp by 8.9% in the 4th quarter. Vanguard Group Inc. now owns 7,530,479 shares of the company's stock valued at $48,120,000 after buying an additional 616,052 shares during the period. Needham Investment Management LLC raised its holdings 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 period. Marshall Wace LLP raised its holdings in shares of ThredUp by 11.8% in the 4th quarter. Marshall Wace LLP now owns 4,825,251 shares of the company's stock valued at $30,833,000 after buying an additional 509,195 shares during the period. State Street Corp raised its holdings in shares of ThredUp by 26.2% in the 4th quarter. State Street Corp now owns 2,886,417 shares of the company's stock valued at $18,444,000 after buying an additional 598,793 shares during the period. Finally, Millennium Management LLC raised its holdings in shares of ThredUp by 27.1% in the 3rd quarter. Millennium Management LLC now owns 2,740,992 shares of the company's stock valued at $25,902,000 after buying an additional 584,506 shares during the period. Hedge funds and other institutional investors own 89.08% of the company's stock.

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.

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