ThredUp (NASDAQ:TDUP) Sets New 1-Year Low After Earnings Miss

Posted by on Aug 6th, 2026

ThredUp Inc. (NASDAQ:TDUP – Get Free Report) hit a new 52-week low on Thursday following a weaker than expected earnings announcement. The stock traded as low as $3.04 and last traded at $3.11, with a volume of 22228269 shares changing hands. The stock had previously closed at $6.28.

The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). ThredUp had a negative net margin of 6.65% and a negative return on equity of 37.54%. The business had revenue of $90.77 million for the quarter, compared to analyst estimates of $90.34 million.

ThredUp News Roundup

Here are the key news stories impacting ThredUp this week:

  • Positive Sentiment: ThredUp reported record second-quarter revenue of $90.8 million, up 17% year over year, while gross margin was 79.9% and active buyers increased 21% to 1.77 million. Cash, restricted cash and marketable securities also rose to $57.4 million. ThredUp Announces Second Quarter 2026 Results
  • Positive Sentiment: Telsey Advisory Group maintained an “outperform” rating, although it lowered its price target from $7 to $6. The revised target still implies substantial upside from the current trading level. Benzinga analyst price target report
  • Positive Sentiment: Analyst coverage remains broadly constructive, with ThredUp receiving a consensus “Moderate Buy” rating. ThredUp consensus analyst rating
  • Neutral Sentiment: Management said it is adjusting marketing tactics to navigate a “K-shaped” economy, indicating that consumer spending patterns remain uneven across income groups. ThredUp Navigates K-Shaped Economy as Revenues Climb 17%
  • Negative Sentiment: Second-quarter adjusted EPS was a loss of $0.05, missing the expected loss of $0.03, despite revenue narrowly exceeding estimates. The company remains unprofitable, with a negative net margin and return on equity. ThredUp quarterly earnings report
  • Negative Sentiment: Third-quarter revenue guidance of $87 million to $89 million trailed the $93 million consensus estimate, while full-year guidance of $344.4 million to $348.4 million was below the $354.8 million consensus. The weaker outlook is the primary pressure on the stock. ThredUp 2026 outlook

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TDUP. Roth Capital reissued a “buy” rating and issued a $6.50 price target on shares of ThredUp in a report on Thursday. TD Cowen lifted their price target on shares of ThredUp from $5.00 to $5.70 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Wells Fargo & Company cut their price target on shares of ThredUp from $10.00 to $8.00 and set an “overweight” rating on the stock in a report on Tuesday, May 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of ThredUp in a research note on Wednesday, June 24th. Finally, Telsey Advisory Group decreased their price objective on shares of ThredUp from $7.00 to $6.00 and set an “outperform” rating for the company in a report on Thursday. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, ThredUp currently has an average rating of “Moderate Buy” and an average target price of $6.55.

Get Our Latest Analysis on ThredUp

Insider Activity at ThredUp

In other news, CFO Sean Sobers sold 45,554 shares of ThredUp stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $4.43, for a total value of $201,804.22. Following the completion of the transaction, the chief financial officer owned 572,523 shares in the company, valued at approximately $2,536,276.89. This trade represents a 7.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Christopher Homer sold 61,578 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $4.43, for a total value of $272,790.54. Following the completion of the sale, the chief operating officer owned 1,301,843 shares of the company’s stock, valued at $5,767,164.49. This trade represents a 4.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 23.10% of the stock is currently owned by company insiders.

Institutional Trading of ThredUp

Several institutional investors have recently added to or reduced their stakes in the business. Zweig DiMenna Associates LLC lifted its position in shares of ThredUp by 170.1% in the 1st quarter. Zweig DiMenna Associates LLC now owns 1,454,500 shares of the company’s stock worth $4,771,000 after buying an additional 916,000 shares during the last quarter. MYDA Advisors LLC bought a new stake in shares of ThredUp during the 4th quarter valued at about $2,173,000. Penn Capital Management Company LLC acquired a new stake in ThredUp during the fourth quarter worth about $1,567,000. Needham Investment Management LLC raised its stake in ThredUp by 7.0% during the fourth quarter. Needham Investment Management LLC now owns 6,075,000 shares of the company’s stock worth $38,819,000 after acquiring an additional 400,000 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in ThredUp by 19.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,965,484 shares of the company’s stock worth $9,727,000 after acquiring an additional 473,907 shares during the last quarter. Institutional investors own 89.08% of the company’s stock.

ThredUp Trading Down 50.5%

The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.30. The stock’s fifty day simple moving average is $5.94 and its 200-day simple moving average is $4.88.

ThredUp Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for ThredUp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ThredUp and related companies with MarketBeat.com's FREE daily email newsletter.