Allbirds (NASDAQ:BIRD – Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($2.49) EPS for the quarter, topping the consensus estimate of ($2.64) by $0.15, Zacks reports. The business had revenue of $32.99 million for the quarter, compared to the consensus estimate of $34.25 million. Allbirds had a negative return on equity of 97.76% and a negative net margin of 51.90%. Allbirds updated its Q4 2025 guidance to EPS and its FY 2025 guidance to EPS.
Allbirds Stock Down 21.2%
BIRD traded down $1.61 during trading hours on Friday, hitting $6.00. 242,993 shares of the company’s stock were exchanged, compared to its average volume of 70,222. The stock has a market cap of $48.88 million, a price-to-earnings ratio of -0.58 and a beta of 1.92. Allbirds has a 1-year low of $3.93 and a 1-year high of $12.85. The stock’s 50-day moving average is $6.55 and its two-hundred day moving average is $7.76. The company has a quick ratio of 1.41, a current ratio of 2.55 and a debt-to-equity ratio of 0.07.
Analysts Set New Price Targets
BIRD has been the topic of several recent analyst reports. Morgan Stanley lifted their price objective on Allbirds from $5.00 to $8.00 and gave the company an “equal weight” rating in a report on Monday, August 11th. Wall Street Zen lowered shares of Allbirds from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Allbirds in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $11.00.
Hedge Funds Weigh In On Allbirds
Several hedge funds have recently modified their holdings of BIRD. Tenzing Global Management LLC bought a new stake in Allbirds during the second quarter worth about $3,762,000. Vanguard Group Inc. raised its stake in shares of Allbirds by 4.9% during the 3rd quarter. Vanguard Group Inc. now owns 243,983 shares of the company’s stock worth $1,383,000 after purchasing an additional 11,459 shares in the last quarter. Finally, PDT Partners LLC boosted its holdings in shares of Allbirds by 30.0% in the 2nd quarter. PDT Partners LLC now owns 15,344 shares of the company’s stock valued at $163,000 after buying an additional 3,545 shares during the last quarter. Institutional investors own 44.07% of the company’s stock.
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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