Wells Fargo & Company Has Lowered Expectations for ThredUp (NASDAQ:TDUP) Stock Price

ThredUp (NASDAQ:TDUP) had its target price dropped by equities research analysts at Wells Fargo & Company from $13.00 to $10.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential upside of 150.00% from the stock’s previous close.

Other research analysts have also issued research reports about the stock. Telsey Advisory Group dropped their price target on shares of ThredUp from $12.00 to $9.00 and set an “outperform” rating for the company in a research report on Tuesday. Wall Street Zen downgraded ThredUp from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of ThredUp in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $11.00.

ThredUp Price Performance

Shares of NASDAQ:TDUP opened at $4.00 on Tuesday. The firm has a market capitalization of $500.56 million, a PE ratio of -26.66 and a beta of 1.72. ThredUp has a 1-year low of $2.14 and a 1-year high of $12.28. The business’s 50 day moving average is $5.30 and its 200-day moving average is $7.73. The company has a current ratio of 0.91, a quick ratio of 0.92 and a debt-to-equity ratio of 0.24.

ThredUp (NASDAQ:TDUP) last announced its quarterly earnings results on Monday, March 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.04). The firm had revenue of $79.70 million for the quarter, compared to analyst estimates of $77.17 million. ThredUp had a negative net margin of 6.50% and a negative return on equity of 34.48%. Sell-side analysts predict that ThredUp will post -0.56 earnings per share for the current year.

Insiders Place Their Bets

In other ThredUp news, CFO Sean Sobers sold 56,504 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $3.82, for a total value of $215,845.28. Following the transaction, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Christopher Homer sold 69,741 shares of the company’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 $266,410.62. Following the transaction, the chief operating officer directly owned 1,274,906 shares in the company, valued at $4,870,140.92. This trade represents a 5.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 27.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Alpine Global Management LLC bought a new stake in shares of ThredUp during the fourth quarter worth approximately $74,000. nVerses Capital LLC acquired a new stake in ThredUp during the 4th quarter worth $83,000. VARCOV Co. bought a new stake in shares of ThredUp during the 4th quarter valued at $201,000. Man Group plc lifted its stake in shares of ThredUp by 51.8% in the 4th quarter. Man Group plc now owns 85,453 shares of the company’s stock valued at $546,000 after purchasing an additional 29,156 shares during the period. Finally, Inspire Investing LLC lifted its stake in shares of ThredUp by 53.3% in the 4th quarter. Inspire Investing LLC now owns 74,122 shares of the company’s stock valued at $474,000 after purchasing an additional 25,784 shares during the period. Institutional investors own 89.08% of the company’s stock.

Trending Headlines about ThredUp

Here are the key news stories impacting ThredUp this week:

• Positive Sentiment: Q4 results beat on revenue and showed operating progress: revenue of $79.7M (+18% YoY) topped estimates, active buyers hit a record 1.65M, and full‑year free cash flow turned positive — evidence the marketplace is expanding and improving cash generation. ThredUp Q4 Earnings In Line
• Positive Sentiment: Company raised medium‑term growth targets and issued FY‑2026 revenue guidance of $349M–$355M (above consensus), and Q1 revenue guidance roughly in line with estimates — a sign management expects continued top‑line momentum. Analysts Offer Insights
• Positive Sentiment: Strategic initiatives (premium supply expansion and AI‑driven personalization) cited on the call could improve unit economics and buyer retention over time, supporting margin improvement if execution continues. Growth/Strategy Article
• Neutral Sentiment: Analyst price targets were trimmed (Wells Fargo: $13→$10; Telsey: $12→$9) but both maintained constructive ratings — lowers headline upside but keeps institutional support. Benzinga: Analyst Moves
• Negative Sentiment: Insider selling: CFO Sean Sobers sold 56,504 shares (~$215.8K) and the COO also sold shares recently — notable insider sales can weigh on near‑term sentiment and raise questions for some investors. Insider Trading Report
• Negative Sentiment: Market reaction: despite the revenue beat and guidance, some coverage highlighted a selloff after the print — suggesting investors were focused on valuation, near‑term margins or profit‑taking. Why TDUP Is Nosediving

About ThredUp

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.