Professional
Added to YB: 2026-08-28
Pitch date: 2026-08-26
TDUP [neutral]
ThredUp Inc.
-1.47%
current return
Author Info
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Company Info
ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States.
Market Cap
$361.2M
Pitch Price
$2.72
Price Target
N/A
Dividend
N/A
EV/EBITDA
191.04
P/E
-15.69
EV/Sales
1.07
Sector
Specialty Retail
Category
N/A
Pernas Research Passes On: ThredUp Inc
TDUP (pass): ThredUp has made impressive operational progress scaling a managed marketplace that handles inspection, photography, pricing, warehousing, fulfillment and returns for millions of one-off used-apparel items. However, the economics remain unproven: Q2 2026 revenue grew 16.9% while operations, product and technology expense rose 20.2%, followed by a sharp selloff. The unresolved question is whether its complex logistics can be run cheaply enough to create a viable business.
Read full article (1 min)