Shares of Torrid Holdings Inc. (NYSE:CURV – Get Free Report) have been assigned an average rating of “Reduce” from the eight analysts that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $1.8125.
A number of brokerages recently commented on CURV. Wall Street Zen raised Torrid from a “sell” rating to a “hold” rating in a research report on Saturday, June 13th. Morgan Stanley reaffirmed an “equal weight” rating and set a $1.80 price target on shares of Torrid in a research note on Monday, July 6th. BTIG Research reiterated a “neutral” rating on shares of Torrid in a report on Friday, June 5th. Bank of America raised their price objective on Torrid from $2.25 to $2.70 and gave the company a “buy” rating in a research note on Friday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Torrid in a research report on Friday, July 17th.
Read Our Latest Stock Analysis on Torrid
Key Headlines Impacting Torrid
- Positive Sentiment: Management said sales trends improved meaningfully during the second quarter, with July marking a clear inflection point. The company’s customer-growth agenda and improving momentum helped frame the quarter as a potential turnaround. Torrid Turns a Corner: Strong Rebound in Q2 2026 Driven by Customer Growth Agenda
- Positive Sentiment: Profitability expectations supported the rally: Torrid projected fiscal 2026 adjusted EBITDA of $76 million to $86 million and is targeting $110 million in sales from its sub-brands. Torrid projects FY2026 adjusted EBITDA of $76M-$86M while targeting $110M in sub-brand sales
- Positive Sentiment: Third-quarter revenue guidance of $230 million to $235 million was slightly above the approximately $229.7 million consensus estimate, suggesting near-term sales momentum is holding up. Torrid Reports Second Quarter 2026 Results and Updates Fiscal 2026 Guidance
- Neutral Sentiment: Quarterly results were mixed. Torrid reported $231.7 million in revenue, below the $237.2 million analyst estimate. EPS presentations varied by source: MarketBeat cited $0.05 per share versus expectations for a $0.03 loss, while Zacks reported a $0.04 loss versus a $0.03 expected loss. Torrid Holdings Reports Q2 Loss, Lags Revenue Estimates
- Negative Sentiment: Fiscal 2026 revenue guidance of $940 million to $960 million was below the roughly $986.5 million consensus estimate, indicating that the recovery remains uneven and could limit upside if sales do not accelerate. Torrid Holdings Releases Q2 2026 Financial Results
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Wells Fargo & Company MN increased its position in shares of Torrid by 46.2% during the fourth quarter. Wells Fargo & Company MN now owns 37,834 shares of the company’s stock worth $37,000 after acquiring an additional 11,962 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Torrid by 985.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 24,265 shares of the company’s stock valued at $42,000 after purchasing an additional 22,030 shares during the last quarter. Abel Hall LLC purchased a new stake in shares of Torrid during the 4th quarter worth approximately $49,000. Royal Bank of Canada increased its position in Torrid by 134.1% in the first quarter. Royal Bank of Canada now owns 28,138 shares of the company’s stock worth $50,000 after buying an additional 16,119 shares during the last quarter. Finally, Jain Global LLC purchased a new stake in Torrid in the 4th quarter worth about $55,000. 81.82% of the stock is owned by institutional investors.
Torrid Trading Up 9.0%
NYSE:CURV opened at $2.43 on Friday. Torrid has a 12 month low of $0.94 and a 12 month high of $2.86. The stock has a market capitalization of $241.83 million, a price-to-earnings ratio of -27.00 and a beta of 0.84. The firm has a fifty day simple moving average of $2.24 and a two-hundred day simple moving average of $1.82.
Torrid (NYSE:CURV – Get Free Report) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.08. The company had revenue of $231.73 million for the quarter, compared to analyst estimates of $237.24 million. Equities analysts predict that Torrid will post -0.03 earnings per share for the current fiscal year.
About Torrid
Torrid, trading under the ticker CURV on the New York Stock Exchange, is a specialty retailer focused on plus-size women’s fashion. Established in 2001 as a division of Hot Topic, Torrid has built its reputation on offering trend-driven apparel and accessories designed specifically for women who wear size 10 to 30. The company’s product assortment spans casual wear, denim, activewear, intimates, footwear, and fashion?forward accessories, catering to a demographic that has historically been underserved by mainstream retailers.
Over the years, Torrid has expanded from its early mall?based store footprint to become a multichannel business.
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