(TDUP) ThredUp - Overview

Sector: Consumer Cyclical | Industry: Internet Retail | Exchange: NASDAQ (USA) | Market Cap: 404m USD | Total Return: 32.3% in 12m

Stock Secondhand Apparel, Shoes, Accessories
Total Rating 23
Risk 32
Buy Signal -0.92
Internet Retail +6.7
Apparel Retail -3.7
Market Cap: 404m
Avg Trading Vol: 8.64M USD
ATR: 9.37%
Peers RS (IBD): 2.2
Risk 5d forecast
Volatility89.0%
Rel. Tail Risk-17.8%
Reward TTM
Sharpe Ratio0.71
Alpha-17.10
Character TTM
Beta2.794
Beta Downside6.395
Drawdowns 3y
Max DD87.42%
CAGR/Max DD0.12
EPS (Earnings per Share) EPS (Earnings per Share) of TDUP over the last years for every Quarter: "2021-03": -0.86, "2021-06": -0.15, "2021-09": -0.15, "2021-12": -0.18, "2022-03": -0.21, "2022-06": -0.29, "2022-09": -0.24, "2022-12": -0.16, "2023-03": -0.19, "2023-06": -0.18, "2023-09": -0.17, "2023-12": -0.14, "2024-03": -0.15, "2024-06": -0.13, "2024-09": -0.13, "2024-12": -0.1893, "2025-03": -0.0447, "2025-06": -0.04, "2025-09": -0.03, "2025-12": -0.0438,
EPS CAGR: 30.84%
EPS Trend: 88.0%
Last SUE: -0.22
Qual. Beats: 0
Revenue Revenue of TDUP over the last years for every Quarter: 2021-03: 55.68, 2021-06: 59.959, 2021-09: 63.274, 2021-12: 72.879, 2022-03: 72.695, 2022-06: 76.421, 2022-09: 67.945, 2022-12: 71.318, 2023-03: 75.922, 2023-06: 82.658, 2023-09: 82.049, 2023-12: 81.393, 2024-03: 64.533, 2024-06: 66.717, 2024-09: 73.021, 2024-12: 27.667, 2025-03: 71.291, 2025-06: 77.657, 2025-09: 82.161, 2025-12: 79.704,
Rev. CAGR: 2.48%
Rev. Trend: -13.6%
Last SUE: 0.10
Qual. Beats: 0
Risks
Technicals: volatile
Description: TDUP ThredUp

ThredUp Inc. operates an online resale platform for secondhand apparel, shoes, and accessories in the United States. This business model leverages the growing consumer interest in sustainable fashion and value. The company facilitates transactions for both buyers and sellers of used clothing items.

Incorporated in 2009 and headquartered in Oakland, California, ThredUp is classified under the Apparel Retail sub-industry. The online resale sector has experienced significant growth, driven by digital adoption and environmental consciousness.

To gain further insights into ThredUps financial performance and market position, consider exploring its detailed analytics on ValueRay.

Headlines to Watch Out For
  • Secondhand apparel market growth fuels platform expansion
  • Consumer discretionary spending impacts resale volume
  • Shipping and logistics costs compress profit margins
  • Regulatory scrutiny on online marketplaces increases compliance burden
Piotroski VR‑10 (Strict) 3.0
Net Income: -20.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.00 > 0.02 and ΔFCF/TA 2.70 > 1.0
NWC/Revenue: -1.84% < 20% (prev -1.98%; Δ 0.15% < -1%)
CFO/TA 0.06 > 3% & CFO 10.7m > Net Income -20.2m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 0.91 > 1.5 & < 3
Outstanding Shares: last quarter (125.8m) vs 12m ago 9.70% < -2%
Gross Margin: 79.39% > 18% (prev 0.86%; Δ 7.85k% > 0.5%)
Asset Turnover: 183.7% > 50% (prev 135.5%; Δ 48.20% > 0%)
Interest Coverage Ratio: -9.50 > 6 (EBITDA TTM -4.11m / Interest Expense TTM 1.92m)
Altman Z'' -15.00
A: -0.03 (Total Current Assets 56.7m - Total Current Liabilities 62.4m) / Total Assets 167.2m
B: -3.44 (Retained Earnings -576.1m / Total Assets 167.2m)
C: -0.11 (EBIT TTM -18.2m / Avg Total Assets 169.2m)
D: -5.33 (Book Value of Equity -576.1m / Total Liabilities 108.1m)
Altman-Z'' Score: -17.77 = D
Beneish M -3.25
DSRI: 0.51 (Receivables 2.44m/3.57m, Revenue 310.8m/231.9m)
GMI: 1.09 (GM 79.39% / 86.21%)
AQI: 1.08 (AQ_t 0.11 / AQ_t-1 0.10)
SGI: 1.34 (Revenue 310.8m / 231.9m)
TATA: -0.18 (NI -20.2m - CFO 10.7m) / TA 167.2m)
Beneish M-Score: -3.25 (Cap -4..+1) = AA
What is the price of TDUP shares? As of April 03, 2026, the stock is trading at USD 3.28 with a total of 2,520,768 shares traded.
Over the past week, the price has changed by -1.18%, over one month by -32.93%, over three months by -44.65% and over the past year by +32.28%.
Is TDUP a buy, sell or hold? 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
What are the forecasts/targets for the TDUP price?
Wallstreet Target Price 9.6 193.6%
Analysts Target Price 9.6 193.6%
TDUP Fundamental Data Overview as of 31 March 2026
P/S = 1.2997
P/B = 6.9964
Revenue TTM = 310.8m USD
EBIT TTM = -18.2m USD
EBITDA TTM = -4.11m USD
Long Term Debt = 14.3m USD (from longTermDebt, last quarter)
Short Term Debt = 9.28m USD (from shortTermDebt, last quarter)
Debt = 52.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 13.5m USD (from netDebt column, last quarter)
Enterprise Value = 408.0m USD (404.0m + Debt 52.1m - CCE 48.1m)
Interest Coverage Ratio = -9.50 (Ebit TTM -18.2m / Interest Expense TTM 1.92m)
EV/FCF = 1000.0x (Enterprise Value 408.0m / FCF TTM 180k)
FCF Yield = 0.04% (FCF TTM 180k / Enterprise Value 408.0m)
FCF Margin = 0.06% (FCF TTM 180k / Revenue TTM 310.8m)
Net Margin = -6.50% (Net Income TTM -20.2m / Revenue TTM 310.8m)
Gross Margin = 79.39% ((Revenue TTM 310.8m - Cost of Revenue TTM 64.1m) / Revenue TTM)
Gross Margin QoQ = 83.52% (prev 75.55%)
Tobins Q-Ratio = 2.44 (Enterprise Value 408.0m / Total Assets 167.2m)
Interest Expense / Debt = 0.83% (Interest Expense 432k / Debt 52.1m)
Taxrate = 21.0% (US default 21%)
NOPAT = -14.4m (EBIT -18.2m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.91 (Total Current Assets 56.7m / Total Current Liabilities 62.4m)
Debt / Equity = 0.88 (Debt 52.1m / totalStockholderEquity, last quarter 59.2m)
 Debt / EBITDA = -3.29 (negative EBITDA) (Net Debt 13.5m / EBITDA -4.11m)
 Debt / FCF = 75.02 (Net Debt 13.5m / FCF TTM 180k)
Total Stockholder Equity = 58.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -11.94% (Net Income -20.2m / Total Assets 167.2m)
RoE = -34.47% (Net Income TTM -20.2m / Total Stockholder Equity 58.6m)
RoCE = -25.01% (EBIT -18.2m / Capital Employed (Equity 58.6m + L.T.Debt 14.3m))
 RoIC = -18.41% (negative operating profit) (NOPAT -14.4m / Invested Capital 78.2m)
 WACC = 14.08% (E(404.0m)/V(456.1m) * Re(15.81%) + D(52.1m)/V(456.1m) * Rd(0.83%) * (1-Tc(0.21)))
Discount Rate = 15.81% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 8.06%
[DCF] Terminal Value 48.55% ; FCFF base≈180k ; Y1≈118k ; Y5≈54.0k
 [DCF] Fair Price = N/A (negative equity: EV 536k - Net Debt 13.5m = -13.0m; debt exceeds intrinsic value)
 EPS Correlation: 87.98 | EPS CAGR: 30.84% | SUE: -0.22 | # QB: 0
Revenue Correlation: -13.64 | Revenue CAGR: 2.48% | SUE: 0.10 | # QB: 0
EPS next Quarter (2026-06-30): EPS=-0.03 | Chg7d=-0.003 | Chg30d=-0.013 | Revisions Net=-1 | Analysts=4
EPS current Year (2026-12-31): EPS=-0.13 | Chg7d=+0.000 | Chg30d=-0.024 | Revisions Net=-3 | Growth EPS=+23.9% | Growth Revenue=+13.4%
EPS next Year (2027-12-31): EPS=-0.08 | Chg7d=+0.003 | Chg30d=-0.037 | Revisions Net=-1 | Growth EPS=+39.2% | Growth Revenue=+10.0%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
External Resources
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