William Blair Has Negative Forecast for Torrid Q2 Earnings

Torrid Holdings Inc. (NYSE:CURV) – Research analysts at William Blair decreased their Q2 2026 earnings estimates for Torrid in a research report issued on Friday, March 21st. William Blair analyst D. Carden now forecasts that the company will post earnings of $0.06 per share for the quarter, down from their prior forecast 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.

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

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

Torrid Price Performance

Shares of Torrid stock opened at $5.95 on Monday. The firm has a fifty day moving average price of $6.10 and a 200 day moving average price of $4.94. The stock has a market cap of $622.89 million, a PE ratio of 39.64, a price-to-earnings-growth ratio of 1.03 and a beta of 1.99. Torrid has a 1 year low of $2.18 and a 1 year high of $9.14.

Hedge Funds Weigh In On Torrid

A number of institutional investors have recently added to or reduced their stakes in CURV. Charles Schwab Investment Management Inc. grew its holdings in shares of Torrid by 8.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 87,941 shares of the company’s stock valued at $346,000 after purchasing an additional 6,968 shares during the period. Geode Capital Management LLC increased its holdings in shares of Torrid by 11.4% during the 3rd quarter. Geode Capital Management LLC now owns 259,929 shares of the company’s stock worth $1,022,000 after buying an additional 26,703 shares during the last quarter. Barclays PLC lifted its holdings in Torrid by 354.5% in the third quarter. Barclays PLC now owns 17,416 shares of the company’s stock valued at $69,000 after acquiring an additional 13,584 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Torrid by 125.2% during the third quarter. JPMorgan Chase & Co. now owns 20,776 shares of the company’s stock worth $82,000 after acquiring an additional 11,551 shares during the last quarter. Finally, Bravias Capital Group LLC purchased a new stake in Torrid in the 4th quarter valued at about $137,000. Hedge funds and other institutional investors own 81.82% of the company’s stock.

About Torrid

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.