Allbirds (NASDAQ:BIRD) Raised to “Hold” at Wall Street Zen

Allbirds (NASDAQ:BIRD) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other analysts also recently commented on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Allbirds in a report on Wednesday, January 21st. Maxim Group downgraded shares of Allbirds from a “buy” rating to a “hold” rating in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $8.00.

Allbirds Stock Performance

Shares of BIRD stock opened at $10.80 on Friday. The company has a market capitalization of $94.07 million, a price-to-earnings ratio of -1.14 and a beta of 1.85. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.06 and a current ratio of 2.02. The company has a 50-day simple moving average of $3.56 and a 200 day simple moving average of $4.60. Allbirds has a 52 week low of $2.15 and a 52 week high of $24.31.

Allbirds (NASDAQ:BIRD) last announced its earnings results on Tuesday, March 31st. The company reported ($2.34) EPS for the quarter, missing the consensus estimate of ($2.25) by ($0.09). The company had revenue of $47.68 million for the quarter, compared to the consensus estimate of $56.31 million. Allbirds had a negative return on equity of 127.72% and a negative net margin of 50.69%. On average, sell-side analysts predict that Allbirds will post -11.87 earnings per share for the current year.

Institutional Trading of Allbirds

Institutional investors have recently bought and sold shares of the business. Finley Financial LLC bought a new stake in Allbirds in the 3rd quarter valued at about $28,000. Susquehanna International Group LLP bought a new stake in Allbirds in the 3rd quarter valued at about $59,000. Performa Ltd US LLC bought a new stake in Allbirds in the 3rd quarter valued at about $74,000. Jane Street Group LLC bought a new stake in Allbirds in the 4th quarter valued at about $54,000. Finally, PDT Partners LLC boosted its holdings in 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 purchasing an additional 3,545 shares during the period. Institutional investors own 44.07% of the company’s stock.

Allbirds News Roundup

Here are the key news stories impacting Allbirds this week:

• Positive Sentiment: Retail-driven rally after AI pivot — Retail traders piled into BIRD after the company said it would rebrand and shift to AI infrastructure, producing an intraday spike of several hundred percent as traders chased a meme-like story. Read More.
• Positive Sentiment: Huge intraday gains captured headlines — outlets reported intraday moves up to ~800% at the high, which drew broad attention and momentum trading. Read More.
• Positive Sentiment: Capital secured to support new plan — coverage indicates the company has raised/secured roughly $50M to fund the pivot to GPU/AI infrastructure, which underpinned the initial rally. Read More.
• Neutral Sentiment: Trading halt/LULD pause — trading was temporarily halted under LULD rules during the volatility, reflecting regulatory circuit breakers, not company fundamentals.
• Neutral Sentiment: Sale of footwear business & rebrand plan — Allbirds disclosed selling its shoe business (reported ~$39M) and intends to rebrand as NewBird AI to buy GPUs and offer compute. This is a strategic reset but execution risk is high. Read More. | Read More.
• Neutral Sentiment: Price stickiness after the spike — market commentary notes the stock hasn’t simply reverted all the way back after the spike, suggesting some residual demand or short-covering remains. Read More.
• Negative Sentiment: Analyst downgrades and skepticism — analysts argue the pivot is unrealistic given limited capital, lack of data-center experience and massive competitor war chests; some firms downgraded BIRD to Sell. Read More.
• Negative Sentiment: Reputational/mission risk and SEC filing notes — company disclosures show a move away from its environmental mission, which may unsettle legacy shareholders and brand-focused investors. Read More.
• Negative Sentiment: High volatility & likelihood of mean reversion — commentators repeatedly warn the rally resembles meme-stock dynamics (short?squeeze/retail mania) and could reverse rapidly; fundamentals remain weak (negative margins, heavy losses). Read More.

About Allbirds

Allbirds, Inc is a sustainable lifestyle company specializing in environmentally friendly footwear and apparel. The company’s core business centers on designing, manufacturing, and selling shoes that leverage natural and recycled materials to minimize ecological impact. Allbirds’ product portfolio includes lifestyle sneakers, running shoes, and casual slip-ons, all engineered for comfort, durability, and low carbon footprint.

The company’s signature offerings include the Wool Runner series, crafted from New Zealand merino wool, and the Tree line, which uses eucalyptus fiber.