Bulls vs Bears
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Allbirds Inc has a consensus price target of $9.34 based on the ratings of 21 analysts. The high is $25 issued by Stifel on November 29, 2021. The low is $0.7 issued by Wedbush on May 9, 2024. The 3 most-recent analyst ratings were released by Wedbush, Wedbush, and Piper Sandler on May 9, 2024, March 13, 2024, and March 13, 2024, respectively. With an average price target of $0.87 between Wedbush, Wedbush, and Piper Sandler, there's an implied -89.06% downside for Allbirds Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Allbirds (NASDAQ:BIRD) was reported by Wedbush on May 9, 2024. The analyst firm set a price target for $0.70 expecting BIRD to fall to within 12 months (a possible -90.93% downside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Allbirds (NASDAQ:BIRD) was provided by Wedbush, and Allbirds maintained their neutral rating.
The last upgrade for Allbirds Inc happened on May 1, 2023 when Telsey Advisory Group raised their price target to $1.5. Telsey Advisory Group previously had a market perform for Allbirds Inc.
The last downgrade for Allbirds Inc happened on March 13, 2023 when TD Cowen changed their price target from $4 to $1.5 for Allbirds Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Allbirds, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Allbirds was filed on May 9, 2024 so you should expect the next rating to be made available sometime around May 9, 2025.
While ratings are subjective and will change, the latest Allbirds (BIRD) rating was a maintained with a price target of $0.90 to $0.70. The current price Allbirds (BIRD) is trading at is $7.72, which is out of the analyst’s predicted range.
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