Allbirds' (BIRD) "Sell (D-)" Rating Reaffirmed at Weiss Ratings

Key Points

• Allbirds' stock has been reaffirmed with a "sell (D-)" rating by Weiss Ratings, indicating ongoing concerns about the company's performance.
• Despite the unfavorable rating, Morgan Stanley raised its price objective for Allbirds from $5.00 to $8.00, reflecting a more optimistic outlook from some analysts.
• Allbirds reported a revenue of $39.69 million for its latest quarter, exceeding analyst expectations and demonstrating potential for growth.

Allbirds (NASDAQ:BIRD - Get Free Report)'s stock had its "sell (d-)" rating restated by investment analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

A number of other research firms have also commented on BIRD. Morgan Stanley raised their price objective on shares of Allbirds from $5.00 to $8.00 and gave the company an "equal weight" rating in a research note on Monday, August 11th. Wall Street Zen upgraded shares of Allbirds from a "sell" rating to a "hold" rating in a research note on Sunday, September 14th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $11.00.

Allbirds Stock Up 4.2%

Shares of BIRD stock traded up $0.26 during trading hours on Wednesday, hitting $6.39. 26,231 shares of the company were exchanged, compared to its average volume of 60,928. The stock has a market capitalization of $52.08 million, a price-to-earnings ratio of -0.61 and a beta of 1.84. Allbirds has a one year low of $3.93 and a one year high of $12.85. The business's 50-day simple moving average is $6.83 and its two-hundred day simple moving average is $7.48. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.41 and a current ratio of 2.55.

Allbirds (NASDAQ:BIRD - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported ($1.92) EPS for the quarter, beating the consensus estimate of ($2.78) by $0.86. Allbirds had a negative net margin of 49.36% and a negative return on equity of 87.92%. The company had revenue of $39.69 million for the quarter, compared to analyst estimates of $38.44 million. Allbirds has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts predict that Allbirds will post -11.87 EPS for the current fiscal year.

Institutional Investors Weigh In On Allbirds

An institutional investor recently bought a new position in Allbirds stock. PDT Partners LLC bought a new position in shares of Allbirds, Inc. (NASDAQ:BIRD - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 11,799 shares of the company's stock, valued at approximately $76,000. PDT Partners LLC owned about 0.15% of Allbirds at the end of the most recent reporting period. 44.07% of the stock is currently owned by institutional investors.

Allbirds Company Profile

Allbirds, Inc manufactures and sells footwear and apparel products for men and women in the United States and internationally. The company offers a range of lifestyle and performance shoes; and apparel, including classic tees and sweats, socks, and underwear. It sells its products through its retail stores, as well as online.

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