William Blair Has Pessimistic Outlook of Torrid Q2 Earnings

Torrid Holdings Inc. (NYSE:CURV) – Stock analysts at William Blair reduced their Q2 2026 earnings per share estimates for Torrid in a report issued on Friday, March 21st. William Blair analyst D. Carden now expects that the company will post earnings of $0.06 per share for the quarter, down from their prior estimate of $0.10. The consensus estimate for Torrid’s current full-year earnings is $0.14 per share. William Blair also issued estimates for Torrid’s Q3 2026 earnings at $0.02 EPS, Q1 2027 earnings at $0.05 EPS, Q2 2027 earnings at $0.06 EPS, Q3 2027 earnings at $0.02 EPS and Q4 2027 earnings at $0.00 EPS.

Other equities analysts have also recently issued research reports about the company. Morgan Stanley increased their target price on Torrid from $3.00 to $4.00 and gave the stock an “underweight” rating in a report on Tuesday, January 21st. Telsey Advisory Group lifted their target price on Torrid from $5.00 to $6.00 and gave the company a “market perform” rating in a research report on Friday, March 21st. Bank of America initiated coverage on Torrid in a research report on Friday, December 6th. They set a “buy” rating and a $5.00 price target for the company. Finally, The Goldman Sachs Group lifted their price objective on shares of Torrid from $4.50 to $5.00 and gave the company a “neutral” rating in a report on Friday, March 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Torrid presently has a consensus rating of “Hold” and an average target price of $5.00.

Torrid Stock Down 6.1 %

Shares of CURV stock opened at $5.59 on Monday. The company has a market capitalization of $585.59 million, a price-to-earnings ratio of 37.27, a P/E/G ratio of 1.03 and a beta of 1.99. Torrid has a 12-month low of $2.18 and a 12-month high of $9.14. The firm has a fifty day moving average of $6.10 and a 200-day moving average of $4.93.

Torrid (NYSE:CURV) last posted its earnings results on Thursday, March 20th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.04. The business had revenue of $275.60 million during the quarter, compared to analysts’ expectations of $263.34 million. Torrid had a negative return on equity of 7.68% and a net margin of 1.35%. During the same period in the prior year, the business earned ($0.04) EPS. Torrid’s revenue for the quarter was down 6.1% compared to the same quarter last year.

Institutional Investors Weigh In On Torrid

Several hedge funds have recently added to or reduced their stakes in the business. Nomura Holdings Inc. bought a new position in shares of Torrid in the fourth quarter valued at about $14,240,000. Centiva Capital LP acquired a new position in Torrid in the 3rd quarter valued at about $3,930,000. Bank of America Corp DE raised its holdings in Torrid by 4,794.2% in the 4th quarter. Bank of America Corp DE now owns 423,597 shares of the company’s stock valued at $2,215,000 after acquiring an additional 414,942 shares during the period. Shay Capital LLC lifted its position in Torrid by 140.2% during the fourth quarter. Shay Capital LLC now owns 478,880 shares of the company’s stock worth $2,505,000 after acquiring an additional 279,521 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Torrid by 103.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 437,535 shares of the company’s stock worth $2,288,000 after acquiring an additional 222,504 shares during the period. Institutional investors and hedge funds own 81.82% of the company’s stock.

Torrid Company Profile

Torrid Holdings Inc operates in women’s plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid, Torrid Curve, CURV, and Lovesick brand names. It is involved in the sale of tops, bottoms, dresses, denims, activewear, intimates, sleep wear, swim wear, and outerwear products; and non-apparel products comprising accessories, footwear, and beauty products.