Northland Securities Forecasts ThredUp Q3 Earnings

ThredUp Inc. (NASDAQ:TDUP) – Equities researchers at Northland Securities issued their Q3 2026 earnings estimates for shares of ThredUp in a note issued to investors on Thursday, August 6th. Northland Securities analyst B. Brooks anticipates that the company will post earnings of ($0.04) per share for the quarter. The consensus estimate for ThredUp’s current full-year earnings is ($0.12) per share. Northland Securities also issued estimates for ThredUp’s Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($0.18) EPS, Q1 2027 earnings at ($0.04) EPS, Q2 2027 earnings at ($0.03) EPS and Q3 2027 earnings at ($0.03) EPS.

TDUP has been the topic of several other research reports. TD Cowen upped their price objective on ThredUp from $5.00 to $5.70 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Roth Capital reissued a “buy” rating and issued a $6.50 target price on shares of ThredUp in a research report on Thursday. Wells Fargo & Company lowered their target price on ThredUp from $10.00 to $8.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 5th. Telsey Advisory Group dropped their price target on ThredUp from $7.00 to $6.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of ThredUp in a research note on Wednesday, June 24th. Four equities research 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’s stock. Based on data from MarketBeat.com, ThredUp currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.55.

ThredUp Trading Up 0.6%

Shares of TDUP stock opened at $3.23 on Monday. The company has a 50 day moving average of $5.85 and a 200-day moving average of $4.84. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.29. ThredUp has a 12-month low of $3.04 and a 12-month high of $12.28. The firm has a market cap of $416.80 million, a P/E ratio of -19.00 and a beta of 2.01.

ThredUp (NASDAQ:TDUP) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The company had revenue of $90.77 million for the quarter, compared to the consensus estimate of $90.34 million. ThredUp had a negative net margin of 6.65% and a negative return on equity of 37.30%.

Hedge Funds Weigh In On ThredUp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TDUP. Cerity Partners LLC lifted its stake in shares of ThredUp by 6.7% in the 2nd quarter. Cerity Partners LLC now owns 19,011 shares of the company’s stock valued at $142,000 after acquiring an additional 1,190 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in ThredUp by 5.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,302 shares of the company’s stock worth $234,000 after acquiring an additional 1,601 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in ThredUp by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,705 shares of the company’s stock worth $115,000 after acquiring an additional 2,034 shares during the last quarter. Cubist Systematic Strategies LLC increased its stake in ThredUp by 7.6% in the 1st quarter. Cubist Systematic Strategies LLC now owns 37,516 shares of the company’s stock worth $90,000 after purchasing an additional 2,659 shares during the period. Finally, Alliancebernstein L.P. increased its stake in ThredUp by 3.3% in the 3rd quarter. Alliancebernstein L.P. now owns 89,510 shares of the company’s stock worth $846,000 after purchasing an additional 2,900 shares during the period. 89.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Sean Sobers sold 45,554 shares of the firm’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 $201,804.22. Following the completion of the transaction, the chief financial officer directly owned 572,523 shares in the company, valued at approximately $2,536,276.89. This trade represents a 7.37% decrease in their ownership of the stock. The transaction 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 firm’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 transaction of $272,790.54. Following the completion of the transaction, 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. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 23.10% of the stock is owned by company insiders.

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.