ThredUp (NASDAQ:TDUP) Upgraded at Northland Capmk

ThredUp (NASDAQ:TDUP - Get Free Report) was upgraded by analysts at Northland Capmk to a "strong-buy" rating in a report released on Monday,Zacks.com reports. Northland Capmk also issued estimates for ThredUp's Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.08) EPS, Q4 2025 earnings at ($0.07) EPS, FY2025 earnings at ($0.32) EPS, Q1 2026 earnings at ($0.06) EPS, Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.04) EPS, Q4 2026 earnings at ($0.06) EPS and FY2026 earnings at ($0.22) EPS.

Several other equities research analysts have also commented on TDUP. Telsey Advisory Group boosted their price objective on shares of ThredUp from $6.00 to $7.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. Wells Fargo & Company reiterated an "overweight" rating and issued a $7.50 target price (up from $6.00) on shares of ThredUp in a research note on Tuesday, May 6th. Wall Street Zen raised ThredUp from a "hold" rating to a "buy" rating in a report on Saturday, June 7th. Finally, Northland Securities began coverage on ThredUp in a research report on Monday. They set an "outperform" rating and a $9.00 price objective for the company. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $7.83.

ThredUp Stock Down 1.7%

ThredUp stock traded down $0.14 during trading on Monday, reaching $7.87. The stock had a trading volume of 331,399 shares, compared to its average volume of 1,803,556. ThredUp has a 52-week low of $0.50 and a 52-week high of $8.74. The business has a 50 day moving average price of $7.57 and a 200 day moving average price of $4.58. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.31. The stock has a market cap of $930.04 million, a PE ratio of -13.55 and a beta of 1.73.

ThredUp (NASDAQ:TDUP - Get Free Report) last announced its earnings results on Monday, May 5th. The company reported ($0.04) EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.03. The business had revenue of $71.29 million for the quarter, compared to analysts' expectations of $67.54 million. ThredUp had a negative net margin of 22.41% and a negative return on equity of 77.03%. On average, analysts predict that ThredUp will post -0.56 EPS for the current year.

Institutional Trading of ThredUp

A number of institutional investors have recently modified their holdings of TDUP. Tocqueville Asset Management L.P. bought a new position in ThredUp in the first quarter valued at about $2,338,000. Blair William & Co. IL grew its stake in ThredUp by 46.3% in the first quarter. Blair William & Co. IL now owns 2,969,725 shares of the company's stock valued at $7,157,000 after acquiring an additional 939,449 shares during the period. Marshall Wace LLP grew its stake in ThredUp by 134.5% in the fourth quarter. Marshall Wace LLP now owns 1,521,138 shares of the company's stock valued at $2,114,000 after acquiring an additional 872,357 shares during the period. BloombergSen Inc. lifted its holdings in shares of ThredUp by 98.5% in the first quarter. BloombergSen Inc. now owns 1,269,649 shares of the company's stock valued at $3,060,000 after purchasing an additional 630,101 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of ThredUp by 75.2% in the fourth quarter. Renaissance Technologies LLC now owns 978,745 shares of the company's stock valued at $1,360,000 after purchasing an additional 420,012 shares in the last quarter. 89.08% of the stock is currently owned by institutional investors.

ThredUp Company Profile

ThredUp Inc, together with its subsidiaries, operates an online resale platform in the United States and internationally. Its platform enables consumers to buy and sell primarily secondhand apparel, shoes, and accessories. ThredUp Inc was incorporated in 2009 and is headquartered in Oakland, California.