ThredUp (NASDAQ:TDUP) Trading Down 5.7% – Here’s What Happened

22 Apr 2026, 16:02 by Doug Wharley · The Cerbat Gem

Shares of ThredUp Inc. (NASDAQ:TDUP – Get Free Report) dropped 5.7% during trading on Monday . The stock traded as low as $4.21 and last traded at $4.2050. Approximately 356,976 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 2,320,918 shares. The stock had previously closed at $4.46.

Analyst Ratings Changes

A number of research analysts have issued reports on TDUP shares. Weiss Ratings restated a “sell (e+)” rating on shares of ThredUp in a research report on Friday, March 27th. TD Cowen upgraded ThredUp to a “strong-buy” rating in a research note on Tuesday, April 7th. Wells Fargo & Company lowered their price objective on ThredUp from $13.00 to $10.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 3rd. Finally, Telsey Advisory Group dropped their price objective on ThredUp from $12.00 to $9.00 and set an “outperform” rating for the company in a report on Tuesday, March 3rd. Three analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $9.80.

View Our Latest Stock Analysis on ThredUp

ThredUp Trading Up 3.2%

The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $557.07 million, a price-to-earnings ratio of -29.23 and a beta of 1.85. The firm’s 50-day moving average is $3.96 and its 200 day moving average is $6.07.

ThredUp (NASDAQ:TDUP – Get Free Report) last announced its earnings results on Monday, March 2nd. The company reported ($0.04) EPS for the quarter, meeting the consensus estimate of ($0.04). The business had revenue of $79.70 million for the quarter, compared to analysts’ expectations of $77.17 million. ThredUp had a negative return on equity of 34.48% and a negative net margin of 6.50%. On average, equities analysts predict that ThredUp Inc. will post -0.11 earnings per share for the current fiscal year.

Insider Transactions at ThredUp

In related news, COO Christopher Homer sold 69,741 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $3.82, for a total transaction of $266,410.62. Following the transaction, the chief operating officer directly owned 1,274,906 shares in the company, valued at approximately $4,870,140.92. The trade was a 5.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Patricia Nakache acquired 13,157 shares of ThredUp stock in a transaction on Tuesday, March 10th. The stock was purchased at an average cost of $3.73 per share, with a total value of $49,075.61. Following the completion of the transaction, the director directly owned 14,017 shares in the company, valued at $52,283.41. This represents a 1,529.88% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 23.10% of the company’s stock.

Hedge Funds Weigh In On ThredUp

Several institutional investors have recently modified their holdings of the business. Quarry LP bought a new stake in ThredUp during the third quarter worth $37,000. Raymond James Financial Inc. bought a new position in ThredUp in the 2nd quarter valued at $32,000. State of Alaska Department of Revenue purchased a new stake in shares of ThredUp during the 3rd quarter valued at $55,000. Meeder Asset Management Inc. increased its position in shares of ThredUp by 552.9% during the 4th quarter. Meeder Asset Management Inc. now owns 6,405 shares of the company’s stock valued at $41,000 after purchasing an additional 5,424 shares during the last quarter. Finally, Versor Investments LP bought a new stake in shares of ThredUp during the 4th quarter worth $70,000. 89.08% of the stock is owned by institutional investors.

About ThredUp

(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.