Torrid Holdings

CURV · NYSE

$2.19−$0.06 (−2.67%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $2.25

CURV analyst rating

HoldConsensus of 5 analysts over the last 12 months. 20% rate it a buy.

Strong buy0
Buy1
Hold3
Underperform0
Sell1

12-month price target · 7 analysts

Average $2.21 (+1.1% upside)

Low: $0.8585
Now: $2.19
High: $3.15

Upgrades and downgrades

The latest rating actions, newest first

CURV analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
B of A Securities	Sep 4, 2026	Maintains	Buy	$2.25 → $2.70	52%
Morgan Stanley	Jul 6, 2026	Initiates	Underweight → Equal-Weight	$1.80	56%
Telsey Advisory Group	Mar 20, 2026	Maintains	Market Perform	$2.00	47%
Telsey Advisory Group	Mar 16, 2026	Maintains	Market Perform	$2.00	47%
Goldman Sachs	Dec 5, 2025	Maintains	Sell	$1.50 → $0.75	53%
B of A Securities	Dec 4, 2025	Maintains	Buy	$6.00 → $2.00	52%
Telsey Advisory Group	Dec 4, 2025	Maintains	Market Perform	$3.00 → $2.00	47%
Telsey Advisory Group	Nov 26, 2025	Maintains	Market Perform	$3.00	47%
William Blair	Oct 24, 2025	Downgrade	Outperform → Market Perform	—	40%

The case for and against

Updated Sep 1, 2026

Bull case

Torrid Holdings is expected to see continued success in its direct-to-consumer business model, with a diverse and high-quality product assortment for curvy women. The company's strong execution in optimizing its store base and expanding its sub-brands, along with favorable customer retention from closed stores, have resulted in solid sales growth and improved profitability. While the third quarter saw some missteps in top sales, the company has implemented measures to correct this and capitalize on key franchises. Despite potential risks in commodity costs and consumer confidence, Torrid's strong brand and strategic initiatives make it a strong investment opportunity.

Bear case

Torrid Holdings is facing challenges in managing its operating expenses, with total operating expenses decreasing less than expected and marketing expenses increasing. In addition, the company's gross margin has been declining, further impacting its operating margin, which is likely to lead to negative earnings per share. Moreover, the company's reliance on its e-commerce platform and stores as its sole reportable segment raises concerns about diversification and potential impacts of changing consumer behavior.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.