Will Bird stock go up? (2024)

Will Bird stock go up?

Stock Price Forecast

Will BIRD stock go back up?

BIRD Stock 12 Months Forecast

Based on 3 Wall Street analysts offering 12 month price targets for Allbirds in the last 3 months. The average price target is $1.00 with a high forecast of $1.00 and a low forecast of $1.00. The average price target represents a 36.97% change from the last price of $0.73.

Will Allbirds stock ever go up?

On average, Wall Street analysts predict that Allbirds's share price could reach $1.13 by Mar 13, 2025. The average Allbirds stock price prediction forecasts a potential upside of 81.74% from the current BIRD share price of $0.62.

Is BIRD a good stock to buy?

There are 102.58 M shares outstanding in Allbirds, which values the company at $106.78 M. Is Allbirds stock a Buy, Sell or Hold? Allbirds stock has received a consensus rating of buy. The average rating score is and is based on 18 buy ratings, 14 hold ratings, and 0 sell ratings.

Is BIRD a good investment?

The financial health and growth prospects of BIRD, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.

Should I sell my Allbirds stock?

Allbirds has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Is Allbirds a penny stock?

Allbirds exhibits very low volatility with skewness of -0.09 and kurtosis of 1.41. Allbirds is a potential penny stock. Although Allbirds may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype.

What was the downfall of Allbirds?

As DTC companies started to fall out of favor, and investors started to pay more attention to profitability, Allbirds stock started to drop. Allbirds shares, which hit $28.64 on the company's first day of trading, had fallen to under $5 fewer than eight months later.

How is Allbirds doing financially?

Net revenue decreased 21.2% to $57.2 million versus a year ago and decreased 8.7% compared to Q3 2021. Net loss of $31.6 million, or $0.21 per basic and diluted share.

How profitable is Allbirds?

First Quarter Operating Results

Gross profit totaled $21.8 million compared to $32.6 million in the first quarter of 2022, and gross margin declined to 40.1% compared to 51.9% in the first quarter of 2022.

Who invested in BIRD?

In July 2019, Bird was said to be valued at $2.5 billion. In July 2019, the company was raising Series D funding, led by venture capital firm Sequoia Capital and CDPQ. This funding was intended to help the company become profitable and also continue to do further research and development of the vehicle.

What is the most trustworthy stock?

Who are the investors in BIRD?

What is the bird stock forecast for 2030?

Stock Prediction 2030. In 2030, the Bird Global, Inc. stock will reach $ 0.001880 if it maintains its current 10-year average growth rate. If this Bird Global, Inc. stock prediction for 2030 materializes, BRDS stock will grow -97.77% from its current price.

Why buy a bird?

Birds can make wonderful companions. Birds are beautiful to look at, and many species have a remarkable ability for song and speech. They can be entertaining companions for play and other activities.

What is bird global price prediction?

The average one-year price target for Bird Global, Inc. is $331.5. The forecasts range from a low of $328.25 to a high of $341.25. A stock's price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.

Does Allbirds have debt?

Allbirds Balance Sheet Health

Allbirds has a total shareholder equity of $185.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $312.7M and $127.4M respectively.

Why do people like Allbirds?

The Wool Runners are Allbirds' most popular style. Made with merino wool, the material is softer than regular wool and has temperature-regulating properties. Consumers say "it literally feels like you're walking on clouds when you're wearing them," and "they're the comfiest pair of sneakers I own." The only downside?

Does Allbirds pay dividends?

Allbirds (NASDAQ: BIRD) does not pay a dividend.

Is Allbirds a unicorn?

Allbirds. Allbirds crossed over to the land of the unicorn four years ago, going public at the end of last year with a familiar DTC story — rising sales and widening losses.

Is Allbirds a big company?

Four years later, Allbirds became a billion-dollar business ($1.7 billion, to be exact). While this doesn't put them on the same level as Nike, it does solidify Allbirds' status as a viable alternative to big-name sneakers. Carving your place in an industry like this isn't easy.

How many shares does Allbirds have?

Share Statistics

Allbirds has 155.19 million shares outstanding. The number of shares has increased by 1.96% in one year.

Is Allbirds in trouble?

Allbirds is cutting back as its revenue shrinks and its cash pile dwindles. Its shares have lost more than 95% of their value since a November 2021 initial public offering and on Friday closed at $1.28. that sold goods directly to consumers.

What is the Allbirds scandal?

Description: Class action lawsuit alleging that shoe company made misleading claims regarding the environmental impacts of its wool shoes as well as misleading animal welfare claims.

What do podiatrists think of Allbirds?

Dr. Chanel Perkins, a Texas-based podiatrist, says that they're good for those with flat feet, as they offer arch support. "They are also comfy enough and provide enough cushion for moderate levels of activity, such as running errands," she says.