TDUP Stock Analysis: ThredUp | NASDAQ
Internet Retail | NASDAQ, USA | Market Cap: 907m USD | 12M Return: -3.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 11.4M
Qual. Beats: 0
Rev. Trend: -28.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 5.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
ThredUp Inc. (NASDAQ: TDUP) operates an online resale platform in the United States, enabling consumers to buy and sell primarily secondhand apparel, shoes, and accessories. The company is headquartered in Oakland, California, and was incorporated in 2009 before going public in March 2021.
ThredUp operates within the Consumer Discretionary sector (Apparel Retail sub-industry) and is part of the growing online secondhand and circular fashion market. The company runs a managed resale model in which it processes, photographs, lists, and ships items on behalf of individual sellers, distinguishing it from peer-to-peer marketplace approaches. Its revenue typically comes from a combination of buyer markups, seller payouts, and value-added services such as Clean Out Kits that streamline the consignment process for consumers looking to liquidate used clothing.
- Active buyer growth and order frequency lift GMV and revenue
- Competition from Poshmark and Vinted pressures pricing and market share
- Adjusted EBITDA profitability timeline remains key margin focus
| Net Income: -21.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -1.35 > 1.0 |
| NWC/Revenue: -1.03% < 20% (prev -2.16%; Δ 1.12% < -1%) |
| CFO/TA 0.06 > 3% & CFO 9.66m > Net Income -21.5m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.95 > 1.5 & < 3 |
| Outstanding Shares: last quarter (127.7m) vs 12m ago 9.42% < -2% |
| Gross Margin: 80.38% > 18% (prev 85.72%; Δ -5.34% > 0.5%) |
| Asset Turnover: 186.3% > 50% (prev 138.4%; Δ 47.89% > 0%) |
| Interest Coverage Ratio: -10.99 > 6 (EBIT TTM -19.7m / Interest Expense TTM 1.79m) |
| A: -0.02 (Total Current Assets 60.4m - Total Current Liabilities 63.7m) / Total Assets 172.4m |
| B: -3.38 (Retained Earnings -582.5m / Total Assets 172.4m) |
| C: -0.11 (EBIT TTM -19.7m / Avg Total Assets 172.4m) |
| D: 0.53 (Book Value of Equity 59.4m / Total Liabilities 113.0m) |
| Altman-Z'' = -11.36 = D |
| DSRI: 0.76 (Receivables 4.32m/4.23m, Revenue 321.2m/238.7m) |
| GMI: 1.07 (GM 85.72% / 80.38%) |
| AQI: 1.07 (AQ_t 0.10 / AQ_t-1 0.10) |
| SGI: 1.35 (Revenue 321.2m / 238.7m) |
| TATA: -0.18 (NI -21.5m - CFO 9.66m) / TA 172.4m) |
| Beneish M = -2.89 (Cap -4..+1) = A |
As of July 11, 2026, the stock is trading at USD 6.60 with a total of 991,439 shares traded. Over the past week, the price has changed by -6.12%, over one month by +36.65%, over three months by +75.53% and over the past year by -3.37%.
Current recommended Stop Loss: 5.60 (which is 15.2% or 2.8 ATR below the current price).
ThredUp has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy TDUP.
- StrongBuy: 3
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 8 | 21.8% |
P/S = 2.8243
P/B = 15.0136
Revenue TTM = 321.2m USD
EBIT TTM = -19.7m USD
EBITDA TTM = -6.59m USD
Long Term Debt = 17.7m USD (from longTermDebt, last quarter)
Short Term Debt = 5.78m USD (from shortTermDebt, last quarter)
Debt = 86.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 34.4m
Net Debt = 37.2m USD (calculated: Debt 86.6m - CCE 49.5m)
Enterprise Value = 944.3m USD (907.2m + Debt 86.6m - CCE 49.5m)
Interest Coverage Ratio = -10.99 (Ebit TTM -19.7m / Interest Expense TTM 1.79m)
EV/FCF = -304.1x (Enterprise Value 944.3m / FCF TTM -3.10m)
FCF Yield = -0.33% (FCF TTM -3.10m / Enterprise Value 944.3m)
FCF Margin = -0.97% (FCF TTM -3.10m / Revenue TTM 321.2m)
Net Margin = -6.68% (Net Income TTM -21.5m / Revenue TTM 321.2m)
Gross Margin = 80.38% ((Revenue TTM 321.2m - Cost of Revenue TTM 63.0m) / Revenue TTM)
Gross Margin QoQ = 79.17% (prev 83.52%)
Tobins Q-Ratio = 5.48 (Enterprise Value 944.3m / Total Assets 172.4m)
Interest Expense / Debt = 2.06% (Interest Expense 1.79m / Debt 86.6m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -15.5m (EBIT -19.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.95 (Total Current Assets 60.4m / Total Current Liabilities 63.7m)
Debt / Equity = 1.46 (Debt 86.6m / totalStockholderEquity, last quarter 59.4m)
Debt / EBITDA = -5.64 (negative EBITDA) (Net Debt 37.2m / EBITDA -6.59m)
Debt / FCF = -11.98 (negative FCF - burning cash) (Net Debt 37.2m / FCF TTM -3.10m)
Total Stockholder Equity = 59.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -12.45% (Net Income -21.5m / Total Assets 172.4m)
RoE = -36.11% (Net Income TTM -21.5m / Total Stockholder Equity 59.5m)
RoCE = -25.46% (EBIT -19.7m / Capital Employed (Equity 59.5m + L.T.Debt 17.7m))
RoIC = -15.78% (negative operating profit) (NOPAT -15.5m / Invested Capital 98.4m)
WACC = 14.14% (E(907.2m)/V(993.8m) * Re(15.34%) + D(86.6m)/V(993.8m) * Rd(2.06%) * (1-Tc(0.21)))
Discount Rate = 15.34% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 91.11 | Cagr: 9.20%
[DCF] Fair Price = unknown (Cash Flow -3.10m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.28 | # QB: 0
Revenue Correlation: -28.23 | Revenue CAGR: -3.66% | SUE: 0.11 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.03 | Chg30d=N/A | Revisions=+0% | Analysts=6
EPS next Quarter (2026-09-30): EPS=-0.01 | Chg30d=N/A | Revisions=+50% | Analysts=6
EPS current Year (2026-12-31): EPS=-0.09 | Chg30d=+28.23% | Revisions=+50% | GrowthEPS=+44.3% | GrowthRev=+14.2%
EPS next Year (2027-12-31): EPS=-0.06 | Chg30d=+23.08% | Revisions=+17% | GrowthEPS=+35.7% | GrowthRev=+10.4%
[Analyst] Revisions Ratio: +50% (up=9, down=2)