Allbirds
BIRD
Market cap $85.8M

10.88 USD

-0.16

1.45%

At close Oct 3, 4:00 PM EDT

1 day

-1.45%

5 days

-7.09%

1 month

-7.33%

3 months

8.26%

6 months

-15.53%

Year to date

-58.15%

1 year

-49.63%

5 years

-98.12%

About: Allbirds Inc is a lifestyle brand that innovates with naturally derived materials to make footwear and apparel products in a better way, while treading lighter on the planet. Its primary source of revenue is from sales of shoes and apparel products. The majority of the revenue is derived from United States.

Employees: 600

Consumer Staples Apparel & Other Finished Products Made From Fabrics & Similar Materials

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

59% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 17

10% more funds holding

Funds holding: 99 [Q1] → 109 (+10) [Q2]

0% more call options, than puts

Call options by funds: $40K | Put options by funds: $40K

7.52% less ownership

Funds ownership: 36.62% [Q1] → 29.09% (-7.52%) [Q2]

40% less capital invested

Capital invested by funds: $26.1M [Q1] → $15.7M (-$10.4M) [Q2]

47% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 32

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Research analyst outlook

We haven’t received any recent analyst ratings for BIRD.

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Financial journalist opinion

Allbirds: Early Signs Of A Potential Turnaround

Recent headwinds include a 26.8% YoY revenue decline due to lower unit sales, driven by a shift toward full price selling and underperforming store closures. Their stagnant product lineup and heavy competition in the sustainable footwear market limit their ability to justify full price tags on their products. International sales fell 24%, impacted by the transition to a distributor model, which I believe risks diluting Allbirds' brand experience.

Allbirds: Early Signs Of A Potential Turnaround

Allbirds Just Completed a 1-For-20 Reverse Stock Split—What You Need To Know

Allbirds (BIRD) completed a 1-for-20 reverse stock split Wednesday evening, a move meant to maintain the footwear and apparel maker and retailer's listing on the Nasdaq.

Allbirds Just Completed a 1-For-20 Reverse Stock Split—What You Need To Know

Allbirds Announces 1-For-20 Reverse Stock Split

SAN FRANCISCO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make better products in a better way, today announced that it will proceed with a 1-for-20 reverse stock split (“Reverse Stock Split”) of its outstanding shares of Class A Common Stock and Class B Common Stock (collectively, the “Common Stock”) following approval by its Board of Directors. The 1-for-20 ratio is within the range approved by stockholders at a special meeting of BIRD stockholders held on August 13, 2024.

Allbirds Announces 1-For-20 Reverse Stock Split

Ravi Thanawala Joins Allbirds Board of Directors

SAN FRANCISCO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make better products in a better way, today announced that Ravi Thanawala, Chief Financial Officer of Papa John's International, Inc. (NASDAQ: PZZA), has been appointed to its Board of Directors, effective September 10, 2024.

Ravi Thanawala Joins Allbirds Board of Directors

Allbirds, Inc. (BIRD) Q2 2024 Earnings Call Transcript

Allbirds, Inc. (NASDAQ:BIRD ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Christine Greany - The Blueshirt Group Joe Vernachio - Chief Executive Officer Annie Mitchell - Chief Financial Officer Conference Call Participants Ethan Saghi - BTIG Alex Straton - Morgan Stanley Operator Good afternoon, ladies and gentlemen, and welcome to the Allbirds Second Quarter 2024 Conference Call. All participants have been placed in a listen-only mode.

Allbirds, Inc. (BIRD) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Allbirds, Inc. (BIRD) Reports Q2 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Allbirds, Inc. (BIRD) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Allbirds, Inc. (BIRD) Reports Q2 Earnings: What Key Metrics Have to Say

Zacks Investment Research

Allbirds, Inc. (BIRD) Reports Q2 Loss, Tops Revenue Estimates

Allbirds, Inc. (BIRD) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.18 per share a year ago.

Allbirds, Inc. (BIRD) Reports Q2 Loss, Tops Revenue Estimates

Allbirds Reports Second Quarter 2024 Financial Results

Q2 2024 Results Within or Above Guidance Ranges Continued Operational and Financial Progress SAN FRANCISCO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with sustainable materials to make better products in a better way, today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Overview Second quarter net revenue decreased 26.8% to $51.6 million versus a year ago, within the Company's guidance range.

Allbirds Reports Second Quarter 2024 Financial Results

Allbirds Announces Agreement with Belle Fashion Group in China

SAN FRANCISCO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Allbirds Inc., a global lifestyle brand that innovates with naturally derived materials to make better products in a better way, announced that Belle Fashion Group has been appointed its exclusive distributor and licensee in mainland China, Macau and Taiwan, effective June 28th. The shift from a direct go-to-market model to a third-party distributor model internationally is a critical component of Allbirds's strategy to drive long-term, scalable growth in overseas markets.

Allbirds Announces Agreement with Belle Fashion Group in China

Zacks Investment Research

Why Fast-paced Mover Allbirds, Inc. (BIRD) Is a Great Choice for Value Investors

Allbirds, Inc. (BIRD) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Why Fast-paced Mover Allbirds, Inc. (BIRD) Is a Great Choice for Value Investors

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