NASDAQ:BIRD

Allbirds (BIRD) Stock Forecast, Price & News

$1.28

-0.09 (-6.57%)

(As of 04:32 PM ET)

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Today's Range: $1.26
▼
$1.47
50-Day Range: $1.12
▼
$1.37
52-Week Range: $1.03
▼
$5.74

Volume: 1.71 million shs
Average Volume: 1.89 million shs
Market Capitalization: $192.61 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.40

Allbirds MarketRank™ Forecast

Analyst Rating: Hold
2.15 Rating Score
Upside/Downside: 155.6% Upside
$3.40 Price Target
Short Interest: Bearish
7.50% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.41
Based on 10 Articles This Week
Insider Trading: Acquiring Shares
$97,284 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.82) to ($0.55) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.11 out of 5 stars

Retail/Wholesale Sector

62nd out of 209 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

7th out of 14 stocks

3.1

Analyst's Opinion

Consensus Rating
Allbirds has received a consensus rating of Hold. The company's average rating score is 2.15, and is based on 2 buy ratings, 11 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.40, Allbirds has a forecasted upside of 155.6% from its current price of $1.33.
Amount of Analyst Coverage
Allbirds has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
7.50% of the float of Allbirds has been sold short.
Short Interest Ratio / Days to Cover
Allbirds has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Allbirds has recently increased by 19.15%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Allbirds does not currently pay a dividend.
Dividend Growth
Allbirds does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BIRD.

1.9

News and Social Media Coverage

News Sentiment
Allbirds has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Allbirds this week, compared to 5 articles on an average week.
Search Interest
Only 4 people have searched for BIRD on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Allbirds to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Allbirds insiders have bought 1,380.96% more of their company's stock than they have sold. Specifically, they have bought $97,284.00 in company stock and sold $6,569.00 in company stock.
Percentage Held by Insiders
31.93% of the stock of Allbirds is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 33.14% of the stock of Allbirds is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Allbirds are expected to grow in the coming year, from ($0.82) to ($0.55) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Allbirds is -1.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Allbirds is -1.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Allbirds has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Allbirds (NASDAQ:BIRD) Stock

Allbirds, Inc. manufactures and sells footwear and apparel products for men and women. It offers shoes, such as running shoes, everyday sneakers, high-tops, slip-ons, boat shoes, flats, weather repellent shoes, and sandals. The company's apparel products include activewear, tops, bottoms, dresses, sweaters, underwear, and socks. It sells its products through its retail stores in the United States and internationally, as well as online. Allbirds, Inc. was formerly known as Bozz, Inc. Allbirds, Inc. was incorporated in 2015 and is based in San Francisco, California.

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BIRD Stock News Headlines

June 8, 2023 | yahoo.com

Society Needs to Stop Buying These Sneakers

June 8, 2023 | msn.com

I ran a 5K in Allbirds' laceless running shoes, and their slip-on design gave me the perfectly snug fit for long distances

June 9, 2023 | Vector Vest (Ad)

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June 8, 2023 | msn.com

The Allbirds Wool Dwellers are so cozy, you'd never guess these slippers are made entirely out of recycled materials

June 7, 2023 | msn.com

The 15 Best Walking Shoes for Men to Wear This Summer — Shop Nike, Asics, Hoka, Allbirds and More

June 7, 2023 | finance.yahoo.com

Allbirds (NASDAQ:BIRD) investors are sitting on a loss of 77% if they invested a year ago

June 7, 2023 | americanbankingnews.com

Allbirds, Inc. (NASDAQ:BIRD) Receives $2.94 Average Price Target from Brokerages

June 7, 2023 | msn.com

Save Up to 40% on Best-Selling Allbirds Sneakers That Day Will Love This Father's Day

June 9, 2023 | Vantage Point (Ad)

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June 5, 2023 | msn.com

The 62 best Father’s Day gifts he’ll actually use and love

June 1, 2023 | msn.com

Allbirds review 2023: Still the most comfortable sneakers we've ever worn

May 30, 2023 | benzinga.com

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Allbirds, Inc. with Losses of $100,000 to Contact the Firm

May 28, 2023 | benzinga.com

ROSEN, A LEADING LAW FIRM, Encourages Allbirds, Inc. Investors to Secure Counsel Before Important June 12 Deadline in Securities Class Action - BIRD

May 24, 2023 | msn.com

Yes, Allbirds has golf shoes now. They’re as comfortable as you’d think

May 24, 2023 | americanbankingnews.com

Allbirds, Inc. (NASDAQ:BIRD) Director Dan Levitan Purchases 11,300 Shares

May 23, 2023 | msn.com

Are Allbirds the World’s Comfiest Shoes? We Wore Them for 100 Miles to Find Out

May 22, 2023 | benzinga.com

Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Allbirds, Inc. (BIRD) Investors of Class Action and to Actively Participate

May 22, 2023 | msn.com

These Allbirds ballet flats are proof that comfort and style can coexist

May 21, 2023 | benzinga.com

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Allbirds, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BIRD

May 20, 2023 | msn.com

The Allbirds Tree Toppers are a remix on the classic high-top shoe — this time with a comfy, sustainable foam sole

May 20, 2023 | benzinga.com

ROSEN, A TOP RANKED FIRM, Encourages Allbirds, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BIRD

May 20, 2023 | msn.com

The Allbirds Runner Mizzles are even better than rain boots — these waterproof sneakers are the perfect all-weather shoe

May 19, 2023 | benzinga.com

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Allbirds, Inc. with Losses of $100,000 to Contact the Firm

May 18, 2023 | benzinga.com

ROSEN, A TOP RANKED LAW FIRM, Encourages Allbirds, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - BIRD

May 18, 2023 | msn.com

Save Up to 40% On Your New Go-To Summer Shoes at This Allbirds Sale

May 18, 2023 | msn.com

Allbirds’ Secret Sale Is Filled With Summer Best Sellers

May 18, 2023 | usatoday.com

Shop this Allbirds shoe sale to score 40% off some of our favorite sustainable sneakers

See More Headlines

BIRD Price History

30 days | 90 days | 365 days | Advanced Chart

BIRD Company Calendar

Last Earnings: 5/09/2023
Today: 6/09/2023
Next Earnings (Estimated): 8/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Apparel, finished products from fabrics & similar materials
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:BIRD
CUSIP: N/A
CIK: 1653909
Web: www.allbirds.com
Phone: 628-225-4848
Fax: N/A
Employees: 710
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.40
High Stock Price Forecast: $9.00
Low Stock Price Forecast: $1.00
Forecasted Upside/Downside: +148.2%
Consensus Rating: Hold
Rating Score (0-4): 2.15
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.77)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-101,350,000.00
Net Margins: -39.62%
Pretax Margin: -39.73%
Return on Equity: -29.55%
Return on Assets: -22.01%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.34
Quick Ratio: 3.81

Sales & Book Value

Annual Sales: $297.77 million
Price / Sales: 0.69
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.11 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 150,480,000
Free Float: 102,431,000
Market Cap: $206.16 million
Optionable: Not Optionable
Beta: 1.56

Key Executives

Mr. Timothy O. Brown (Age 42)
Co-Founder, Co-CEO & Director
Comp: $392.83k

Mr. Joseph Z. Zwillinger (Age 42)
Co-Founder, Co-CEO, Pres, Treasurer, Sec. & Director
Comp: $392.83k

Mr. Michael J. Bufano (Age 48)
Chief Financial Officer
Comp: $638.58k

Mr. Joe Vernachio (Age 57)
Chief Operating Officer
Comp: $394.15k

Mr. Benny Joseph
Chief Technology & Culture Officer

Katina Metzidakis
VP of Investor Relations & Bus. Devel.

Mr. Sandeep Verma
Chief Commercial Officer

Ms. Kate Ridley
Chief Brand & Product Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BIRD Stock - Frequently Asked Questions

Should I buy or sell Allbirds stock right now?: 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allbirds in the last twelve months. There are currently 11 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BIRD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BIRD, but not buy additional shares or sell existing shares.
View BIRD analyst ratings or view top-rated stocks.
What is Allbirds' stock price forecast for 2023?: 13 Wall Street research analysts have issued 12 month price objectives for Allbirds' stock. Their BIRD share price forecasts range from $1.00 to $9.00. On average, they anticipate the company's stock price to reach $3.40 in the next year. This suggests a possible upside of 148.2% from the stock's current price.
View analysts price targets for BIRD or view top-rated stocks among Wall Street analysts.
How have BIRD shares performed in 2023?: Allbirds' stock was trading at $2.42 on January 1st, 2023. Since then, BIRD stock has decreased by 43.4% and is now trading at $1.37.
View the best growth stocks for 2023 here.
Are investors shorting Allbirds?: Allbirds saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,970,000 shares, an increase of 19.1% from the April 30th total of 5,850,000 shares. Based on an average trading volume of 2,090,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 7.5% of the company's shares are sold short.
View Allbirds' Short Interest.
When is Allbirds' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our BIRD earnings forecast.
How were Allbirds' earnings last quarter?: Allbirds, Inc. (NASDAQ:BIRD) posted its quarterly earnings results on Tuesday, May, 9th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.25) by $0.04. The company earned $54.35 million during the quarter, compared to analysts' expectations of $48.16 million. Allbirds had a negative net margin of 39.62% and a negative trailing twelve-month return on equity of 29.55%.
What guidance has Allbirds issued on next quarter's earnings?: Allbirds issued an update on its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $64.00 million-$69.00 million, compared to the consensus revenue estimate of $63.96 million.

When did Allbirds IPO?: (BIRD) raised $262 million in an IPO on Wednesday, November 3rd 2021. The company issued 20,192,307 shares at a price of $12.00-$14.00 per share.
What is Allbirds' stock symbol?: Allbirds trades on the NASDAQ under the ticker symbol "BIRD."
Who are Allbirds' major shareholders?: Allbirds' stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (4.60%), BlackRock Inc. (4.53%), Geode Capital Management LLC (1.27%), State Street Corp (1.18%), Bank of New York Mellon Corp (1.07%) and Two Sigma Investments LP (1.00%). Insiders that own company stock include Dan Levitan, Goldman Sachs Group Inc, Joseph Vernachio, Joseph Zwillinger, Maveron Equity Partners V, LP, Michael J Bufano and Timothy O Brown.
View institutional ownership trends.
How do I buy shares of Allbirds?: Shares of BIRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Allbirds' stock price today?: One share of BIRD stock can currently be purchased for approximately $1.37.
How much money does Allbirds make?: Allbirds (NASDAQ:BIRD) has a market capitalization of $206.16 million and generates $297.77 million in revenue each year. The company earns $-101,350,000.00 in net income (profit) each year or ($0.77) on an earnings per share basis.
How many employees does Allbirds have?: The company employs 710 workers across the globe.
How can I contact Allbirds?: The official website for the company is www.allbirds.com. The company can be reached via phone at 628-225-4848 or via email at ir@allbirds.com.

This page (NASDAQ:BIRD) was last updated on 6/9/2023 by MarketBeat.com Staff

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