According to MarketBeat, the six brokerages covering ThredUp (NASDAQ: TDUP) currently give the stock an average rating of 'Moderate Buy.' Among them, one analyst gives a sell rating, one gives a hold rating, and four give a buy rating. Over the past year, these brokerages' average 12-month price target is $6.55.

Several brokerages recently adjusted their ratings and price targets for ThredUp: On May 5, Wells Fargo lowered its price target from $10 to $8 while maintaining an 'Overweight' rating; the same day, TD Cowen raised its price target from $5 to $5.70 with a 'Buy' rating. On August 6, Telsey Advisory Group lowered its price target from $7 to $6 while maintaining an 'Outperform' rating; Roth Capital reiterated a 'Buy' rating with a $6.50 price target. On June 24, Weiss Ratings confirmed a 'Sell (e+)' rating.

In terms of stock performance, ThredUp opened at $2.76 on August 26, with a 52-week range of $2.69 to $12.15. The 50-day and 200-day moving averages are $5.41 and $4.66, respectively. The company has a market cap of approximately $362 million, a negative P/E ratio, and financial metrics showing current and quick ratios both near 1, with a debt-to-equity ratio of 0.29.

The latest earnings report (released August 5) showed ThredUp's quarterly loss per share of $0.05, worse than analysts' expected loss of $0.03; revenue was $90.77 million, slightly above the expected $90.34 million. The company's net profit margin is -6.65%, return on equity is -37.30%, and full-year loss per share for the current fiscal year is projected at $0.17.

Regarding executive transactions, CFO Sean Sobers sold 45,554 shares on June 2 at an average price of $4.43, cashing out approximately $201,800, reducing his holdings by 7.37%, in fulfillment of tax withholding obligations related to equity awards. COO Christopher Homer also sold 61,578 shares the same day, with a transaction value of approximately $272,800. Executives collectively hold 23.10% of the company's total shares.

In terms of institutional activity, several institutions recently initiated or increased their ThredUp positions, such as Raymond James, R-Squared, and Quarry LP, all buying small stakes, while Meeder Asset Management increased its position by 552.9%. Currently, institutional investors and hedge funds collectively hold 89.08% of the company's shares.

ThredUp operates an online consignment and secondhand clothing trading platform, enabling consumers to buy and sell secondhand apparel, and offers a 'Clean Out Kit' for sellers to send in idle items. The company also provides resale-as-a-service (RaaS) B2B business for enterprises.

Source: ThredUp Inc. (NASDAQ:TDUP) Receives Average Recommendation of "Moderate Buy" from Brokerages · Originally published on 2026-08-26