ThredUp (NASDAQ:TDUP) Price Target Cut to $10.00 by Analysts at Wells Fargo & Company

ThredUp (NASDAQ:TDUP) had its price target trimmed by Wells Fargo & Company from $13.00 to $10.00 in a report published on Tuesday,Benzinga reports. The firm currently has an overweight rating on the stock.

TDUP has been the topic of several other research reports. Wall Street Zen cut shares of ThredUp from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ThredUp in a research note on Monday, December 29th. Finally, Telsey Advisory Group reduced their target price on shares of ThredUp from $12.00 to $9.00 and set an “outperform” rating on the stock in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $11.00.

ThredUp Trading Down 23.4%

Shares of NASDAQ TDUP opened at $3.84 on Tuesday. ThredUp has a twelve month low of $2.02 and a twelve month high of $12.28. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.26. The stock has a fifty day simple moving average of $5.35 and a 200-day simple moving average of $7.76. The stock has a market capitalization of $480.54 million, a PE ratio of -25.60 and a beta of 1.72.

ThredUp (NASDAQ:TDUP) last posted its earnings results on Monday, March 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). ThredUp had a negative return on equity of 34.59% and a negative net margin of 6.50%.The firm had revenue of $79.70 million for the quarter, compared to analyst estimates of $77.17 million. On average, equities analysts forecast that ThredUp will post -0.56 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Sean Sobers sold 56,504 shares of the firm’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 sale, the chief financial officer directly owned 555,254 shares in the company, valued at approximately $2,121,070.28. This trade represents a 9.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Christopher Homer sold 69,741 shares of ThredUp stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $3.82, for a total transaction of $266,410.62. Following the sale, the chief operating officer directly owned 1,274,906 shares of the company’s stock, valued at approximately $4,870,140.92. This trade represents a 5.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 27.00% of the stock is owned by insiders.

Hedge Funds Weigh In On ThredUp

Large investors have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in ThredUp during the second quarter worth approximately $32,000. Quarry LP acquired a new stake in shares of ThredUp in the third quarter valued at approximately $37,000. Meeder Asset Management Inc. grew its position in shares of ThredUp by 552.9% during the fourth quarter. Meeder Asset Management Inc. now owns 6,405 shares of the company’s stock worth $41,000 after acquiring an additional 5,424 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in shares of ThredUp during the third quarter worth approximately $55,000. Finally, Ameritas Investment Partners Inc. increased its holdings in shares of ThredUp by 32.7% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 9,290 shares of the company’s stock valued at $70,000 after acquiring an additional 2,287 shares during the period. Hedge funds and other institutional investors own 89.08% of the company’s stock.

ThredUp News Roundup

Here are the key news stories impacting ThredUp this week:

• Positive Sentiment: Company-level guidance and growth targets: ThredUp updated FY‑2026 revenue guidance to $349M–$355M (above consensus ~$344.8M) and Q1‑2026 revenue guidance to $79.5M–$80.5M (roughly in line with consensus), and outlined a 13% revenue growth target for 2026—signals of continued top‑line momentum. Company Results/Guidance
• Positive Sentiment: Q4 results mostly solid: Revenue $79.7M (+18% YoY) beat estimates by ~$1M; gross profit and active buyer growth (record 1.65M, +30% YoY) improved; the company reported positive annual total cash flows (~$3.1M) and a stronger cash position—fundamentals that support longer‑term recovery. Earnings Press Release
• Positive Sentiment: Strategic progress: Management highlights advancement in premium supply and AI‑driven personalization to lift unit economics and buyer engagement—potentially higher margin/loyalty benefits over time. Growth/Strategy Article
• Neutral Sentiment: Analysts cut price targets but kept bullish ratings: Wells Fargo lowered its PT from $13 to $10 (still “overweight”) and Telsey cut its PT from $12 to $9 (still “outperform”). Lower PTs reduce perceived upside even though ratings remain positive. Wells Fargo / Benzinga Telsey / Finviz
• Negative Sentiment: Market reaction and short‑term selling: Shares weakened after the print despite the beat—news coverage notes the stock declined on earnings, suggesting profit‑taking or valuation concerns. Yahoo: Stock Decline
• Negative Sentiment: Insider selling and mixed insider activity: Filings show substantial insider sales (including large CEO sales) in recent months—can pressure sentiment and raise governance/conviction questions for some investors. QuiverQuant: Insider Activity

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.