Allbirds, Inc. (BIRD)

NASDAQ: BIRD · IEX Real-Time Price · USD
0.612
-0.008 (-1.34%)
At close: May 3, 2024, 4:00 PM
0.610
-0.002 (-0.25%)
After-hours: May 3, 2024, 7:48 PM EDT
-1.34%
Market Cap 95.31M
Revenue (ttm) 254.07M
Net Income (ttm) -152.46M
Shares Out 155.84M
EPS (ttm) -1.01
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 457,717
Open 0.617
Previous Close 0.620
Day's Range 0.600 - 0.627
52-Week Range 0.535 - 1.830
Beta 1.83
Analysts Hold
Price Target 1.13 (+84.76%)
Earnings Date May 8, 2024

About BIRD

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. The company was formerly known as Bozz, Inc. and changed its name to Allbirds, Inc. in December 2015. Allbirds, Inc. was incorporated in 2015 and is headquartered in San Francisco, California. [Read more]

Industry Apparel Retail
IPO Date Nov 3, 2021
Employees 927
Stock Exchange NASDAQ
Ticker Symbol BIRD
Full Company Profile

Financial Performance

In 2023, Allbirds's revenue was $254.07 million, a decrease of -14.68% compared to the previous year's $297.77 million. Losses were -$152.46 million, 50.4% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for BIRD stock is "Hold." The 12-month stock price forecast is $1.13, which is an increase of 84.76% from the latest price.

Price Target
$1.13
(84.76% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Allbirds Unveils Tree Runner Go

Designed with exploration in mind, a sneaker to take your feet wherever your mind wanders Designed with exploration in mind, a sneaker to take your feet wherever your mind wanders

12 days ago - GlobeNewsWire

Allbirds Announces First Quarter 2024 Earnings Conference Call

SAN FRANCISCO, April 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products i...

17 days ago - GlobeNewsWire

Allbirds Receives Notice of Non-Compliance with Nasdaq Minimum Bid Price Requirement

SAN FRANCISCO, April 08, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc.(NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in...

26 days ago - GlobeNewsWire

From unicorns to near zero: RENT, Allbirds, Vroom, and BuzzFeed

Many companies that were once unicorns are struggling to survive as interest rates remain at an elevated level and as growth slows. Some former unicorns like WeWork, Hopin, Olive AI, and Convoy have a...

Other symbols: BZFDVRMRENT
4 weeks ago - Invezz

Allbirds to Participate at Upcoming Investor Conference

SAN FRANCISCO, March 27, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products i...

5 weeks ago - GlobeNewsWire

Allbirds Announces Completion of International Distributor Deals

Footwear brand to enter two new geographic regions Finalizes agreements that cover the Gulf Countries and Southeast Asia

6 weeks ago - GlobeNewsWire

After Surviving Amazon's Galen, Why Allbirds Stock Is Still Overpriced

Since peaking at $26 a share in November 2021, San Francisco-based shoe and apparel retailer Allbirds has suffered a 97% drop in its stock price.

6 weeks ago - Forbes

Allbirds replaces its CEO and announces store closures as it struggles to find traction

In the midst of a turnaround plan, the footwear brand said it expects revenue to further decline this year.

7 weeks ago - Fast Company

Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks

Not long after touting its brick-and-mortar expansion, footwear brand Allbirds is becoming the latest merchant to shutter stores — a move that comes as consumers' budgeting behavior amid financial cha...

7 weeks ago - PYMNTS

Allbirds announces new CEO, plans to close some U.S. stores as shoe demand remains subdued

Shares of Allbirds Inc. sank after hours on Tuesday after the footwear maker forecast full-year sales that were below expectations and said it would close some U.S. stores, amid continued weaker sneak...

7 weeks ago - Market Watch

Allbirds Reports Fourth Quarter and Full Year 2023 Financial Results; Achieves Q4 Financial Guidance Targets

Allbirds COO Joe Vernachio Appointed CEO as Company Accelerates Strategic Transformation Plan Company Provides 2024 Outlook SAN FRANCISCO, March 12, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BI...

7 weeks ago - GlobeNewsWire

Allbirds Names COO and Industry Veteran Joe Vernachio as Chief Executive Officer

Co-Founder & CEO Joey Zwillinger Will Continue to Serve on Allbirds's Board of Directors and as a Special Advisor to the Company Co-Founder & CEO Joey Zwillinger Will Continue to Serve on Allbirds's B...

7 weeks ago - GlobeNewsWire

Allbirds Announces Completion of Two International Distributor Deals

Footwear brand finalizes agreements that will cover Australasia and Japan Footwear brand finalizes agreements that will cover Australasia and Japan

2 months ago - GlobeNewsWire

Allbirds Announces Fourth Quarter and Full Year 2023 Earnings Conference Call

SAN FRANCISCO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (Nasdaq: BIRD), a global lifestyle brand that innovates with sustainable materials to make better footwear and apparel products in a bet...

2 months ago - GlobeNewsWire

Why direct-to-consumer darlings such as Casper, Allbirds and Peloton are now struggling

Once booming, direct-to-consumer companies such as Casper, Allbirds and Peloton now struggle with profitability, layoffs and the cost of advertising.

Other symbols: PTON
3 months ago - CNBC

Allbirds Announces Executive Leadership Appointments

SAN FRANCISCO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make better footwear and apparel products in a bet...

3 months ago - GlobeNewsWire

Sensormatic Solutions and Allbirds Collaborate With Inventory Intelligence Solutions for Item-Level Accuracy From Warehouse to Store

NEUHAUSEN, Switzerland--(BUSINESS WIRE)--Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls, and Allbirds, Inc., a global lifestyle brand that innovates with natu...

3 months ago - Business Wire

ALLBIRDS ALERT: Bragar Eagel & Squire, P.C. is Investigating Allbirds, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Allbirds, Inc. (NASDAQ: BIRD) on behalf of l...

4 months ago - Business Wire

Allbirds Looks to Amazon to Boost Demand

After recently disclosing another quarter of unsatisfactory earnings, footwear and fashion firm Allbirds is betting on a new partnership with Amazon to boost its likeability and relevancy with consume...

Other symbols: AMZN
5 months ago - PYMNTS

The rise and fall of Allbirds: The brand's plan for redemption includes updating the original wool sneaker

Allbirds was founded in 2015 and soared to prominence with its iconic wool sneaker. The company went public in November 2021.

5 months ago - Business Insider

Allbirds Banks on Holiday Season and Discounts for Recovery

Straying away from its core customer was one of Allbird's biggest mistakes made this year.    In March, Co-Founder and Co-CEO Joey Zwillinger of Allbirds acknowledged that the company's performance ha...

6 months ago - PYMNTS

Allbirds' stock tanks 14% after company's revenue drops more than 20%

Allbirds Inc. BIRD, +0.36% shares dropped more than 14% in the after-hours session Wednesday after the footwear and apparel maker reported a drop of more than 20% in its quarterly revenue, due in part...

6 months ago - Market Watch

Wool Runner 2: Allbirds reimagines iconic first shoe that shot them to fame

The second-generation silhouette evolves the fan favorite with a sleek new design and even more of the brand's signature comfort The second-generation silhouette evolves the fan favorite with a sleek ...

6 months ago - GlobeNewsWire

As WeWork implodes, Allbirds, Mullen Automotive, BuzzFeed could be next

WeWork (NASDAQ: WE) stock price plunged by more than 51% on Wednesday after reports said that the company was nearing bankruptcy. The shares have already plunged by over 90% this year, giving it a mar...

Other symbols: BZFDMULN
6 months ago - Invezz

Allbirds Announces Third Quarter 2023 Earnings Conference Call

SAN FRANCISCO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Allbirds, Inc. (Nasdaq: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in...

6 months ago - GlobeNewsWire