Allbirds (NASDAQ:BIRD) Announces Earnings Results

Allbirds (NASDAQ:BIRD) issued its earnings results on Thursday. The company reported ($2.49) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.64) by $0.15, Zacks reports. Allbirds had a negative return on equity of 97.76% and a negative net margin of 51.90%.The business had revenue of $32.99 million during the quarter, compared to analyst estimates of $34.25 million. Allbirds updated its Q4 2025 guidance to EPS and its FY 2025 guidance to EPS.

Allbirds Stock Down 21.2%

Shares of BIRD stock traded down $1.61 during mid-day trading on Friday, hitting $6.00. 242,993 shares of the stock traded hands, compared to its average volume of 70,222. Allbirds has a 52-week low of $3.93 and a 52-week high of $12.85. The stock has a market cap of $48.88 million, a P/E ratio of -0.58 and a beta of 1.92. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.55 and a quick ratio of 1.41. The stock’s fifty day moving average is $6.55 and its two-hundred day moving average is $7.76.

Institutional Investors Weigh In On Allbirds

A number of hedge funds and other institutional investors have recently bought and sold shares of BIRD. Tenzing Global Management LLC acquired a new stake in Allbirds in the second quarter valued at approximately $3,762,000. Vanguard Group Inc. lifted its holdings in shares of Allbirds by 4.9% during the 3rd quarter. Vanguard Group Inc. now owns 243,983 shares of the company’s stock valued at $1,383,000 after purchasing an additional 11,459 shares during the last quarter. Finally, PDT Partners LLC boosted its position in shares of Allbirds by 30.0% in the 2nd quarter. PDT Partners LLC now owns 15,344 shares of the company’s stock worth $163,000 after purchasing an additional 3,545 shares in the last quarter. Hedge funds and other institutional investors own 44.07% of the company’s stock.

Wall Street Analysts Forecast Growth

BIRD has been the subject of several recent research 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. Weiss Ratings reissued a “sell (d-)” rating on shares of Allbirds in a research report on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of Allbirds from a “hold” rating to a “sell” rating in a report on Saturday. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.00.

About Allbirds

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.