Professional
Added to YB: 2026-03-12
Pitch date: 2026-02-28
TDUP [bullish]
ThredUp Inc.
-18.05%
current return
Author Info
Optimist Fund is a concentrated, global growth-oriented value investment partnership Follow on Twitter/X.
Company Info
ThredUp Inc., together with its subsidiaries, operates an online resale platform in the United States.
Market Cap
$473.8M
Pitch Price
$4.71
Price Target
N/A
Dividend
N/A
EV/EBITDA
183.93
P/E
-22.46
EV/Sales
1.54
Sector
Specialty Retail
Category
growth
Optimist Fund Added On Portfolio Holding: ThredUp Inc.
TDUP (added to position): Q3 rev +34% YoY, adj EBITDA $3.8M (4.6% margin) vs breakeven last yr. Active buyers +26%, new buyer growth accelerated to 81% YoY in Oct (vs 54% Q3) post-rebrand & new product feed launch. Mgmt raised FY guide. Stock down despite strong fundamentals; added to position, now largest holding.
Read full article (1 min)