The price of BIRD is predicted to go up 3.29%, based on the high correlation periods with SPOK. The similarity of these two price pattern on the periods is 91.15%.
BIRD
SPOK
Up: 3.29%Similarity: 91.15%
BIRD Revenue Forecast
BIRD EPS Forecast
BIRD FAQs
What is bull’s view on BIRD?
BIRD stock currently trades with a price target of $8, revised down from $12 by Morgan Stanley on January 21, 2025. Analysts cite challenges in profitability expansion and sales growth acceleration, making it a cautious "Hold" despite a 17.95% upside. Recent market activity showed a 10.3% gain in December 2024, reflecting short-term momentum but uncertain long-term prospects.
What is bear's view on BIRD?
BIRD stock currently trades with a reduced price target of $8, down from $12, as per Morgan Stanley's recent analysis. The firm cites challenges in profitability expansion and the need for accelerated sales growth or expense reduction in 2025. Despite a 10.3% gain in December 2024, the stock faces headwinds, making it a cautious hold.
What is BIRD revenue forecast for next quarter?
The market consensus for BIRD's revenue in the upcoming quarter is projected to be approximately $34.38M USD.
What is BIRD eps forecast for next quarter?
The market consensus for BIRD's eps in the upcoming quarter is projected to be approximately $2.90 USD.
Morgan Stanley lowered the firm's price target on Allbirds to $8 from $12 and keeps an Equal Weight rating on the shares. Against record gross margins, the firm thinks softlines profitability expansion "will be harder to come by" in 2025, which places the burden on sales growth acceleration and/or expense reduction. This setup makes 2025 more of a stock-picking environment in softlines, and also means the dispersion between leaders and laggards likely continues to widen, the analyst tells investors.