Allbirds (NASDAQ:BIRD) Announces Quarterly Earnings Results

Allbirds (NASDAQ:BIRD) released its quarterly earnings data on Thursday. The company reported ($2.49) earnings per share (EPS) 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 company had revenue of $32.99 million during the quarter, compared to analysts’ expectations of $34.25 million. Allbirds updated its Q4 2025 guidance to EPS and its FY 2025 guidance to EPS.

Allbirds Stock Performance

NASDAQ BIRD traded down $1.61 during trading on Friday, reaching $6.00. The company’s stock had a trading volume of 242,993 shares, compared to its average volume of 70,222. The company has a current ratio of 2.55, a quick ratio of 1.41 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $48.88 million, a price-to-earnings ratio of -0.58 and a beta of 1.92. Allbirds has a 12 month low of $3.93 and a 12 month high of $12.85. The firm has a 50 day moving average price of $6.55 and a 200 day moving average price of $7.76.

Hedge Funds Weigh In On Allbirds

Hedge funds have recently added to or reduced their stakes in the stock. PDT Partners LLC lifted its position in shares of Allbirds by 30.0% during the 2nd quarter. PDT Partners LLC now owns 15,344 shares of the company’s stock valued at $163,000 after acquiring an additional 3,545 shares during the period. Vanguard Group Inc. raised its stake in Allbirds by 4.9% in the third 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 in the last quarter. Finally, Tenzing Global Management LLC bought a new stake in Allbirds during the second quarter worth about $3,762,000. Institutional investors own 44.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BIRD shares. Weiss Ratings restated a “sell (d-)” rating on shares of Allbirds in a research note on Wednesday, October 8th. Morgan Stanley upped their price objective on shares of Allbirds from $5.00 to $8.00 and gave the company an “equal weight” rating in a report on Monday, August 11th. Finally, Wall Street Zen cut shares of Allbirds from a “hold” rating to a “sell” rating in a research note on Saturday. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Allbirds presently 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.