Allbirds (BIRD) Nosedives 6% Despite Q4 Revenue Beat and Raised Guidance

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Go back to Allbirds (BIRD) Nosedives 6% Despite Q4 Revenue Beat and Raised Guidance

Allbirds Inc (BIRD) PT Lowered to $20 at Stifel

February 24, 2022 7:13 AM EST

Stifel analyst Jim Duffy lowered the price target on Allbirds Inc (NASDAQ: BIRD) to $20.00 (from $25.00) while maintaining a Buy rating following results.

The analyst commented, "Allbirds executed through a challenging backdrop and FY4Q revenue and adjusted EBITDA results exceeded estimates. Not... More

Allbirds, Inc. (BIRD) Reports In-Line Q4 EPS

February 23, 2022 4:26 PM EST

Allbirds, Inc. (NASDAQ: BIRD) reported Q4 EPS of ($0.09), in-line with the analyst estimate of ($0.09). Revenue for the quarter came in at $97.2 million versus the consensus estimate of $91.76 million.

GUIDANCE:

Allbirds, Inc. sees FY2022 revenue of $355-365 million, versus the consensus of... More