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Added to YB: 2026-05-21

Pitch date: 2026-04-24

TDUP [bullish]

ThredUp Inc.

+2.14%

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

$525.2M

Pitch Price

$4.20

Price Target

30.00 (+641%)

Dividend

N/A

EV/EBITDA

311.10

P/E

-23.59

EV/Sales

1.64

Sector

Specialty Retail

Category

growth

Show full summary:
Optimist Fund Portfolio Holding: ThredUp Inc.

TDUP (added to position): Q4 rev +18% YoY, new buyers +57%, guided 2026 rev +13% & EBITDA margin +160bps (conservative vs 2025's 6% guide → 18% actual). Multi-year inflection driving growth & profitability. $30+ PT in 5 years. Added to position despite 6mo weakness disconnected from strong fundamentals.

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