In the last trading session, 1.27 million shares of the Allbirds Inc (NASDAQ:BIRD) were traded, and its beta was 1.75. Most recently the company’s share price was $0.69, and it changed around $0.04 or 5.94% from the last close, which brings the market valuation of the company to $107.16M. BIRD currently trades at a discount to its 52-week high of $1.83, offering almost -165.22% off that amount. The share price’s 52-week low was $0.54, which indicates that the current value has risen by an impressive 21.74% since then. We note from Allbirds Inc’s average daily trading volume that its 3-month average coming to 1.04 million.

Allbirds Inc (NASDAQ:BIRD) trade information

Instantly BIRD has showed a green trend with a performance of 5.94% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -43.63% year-to-date, but still up 13.10% over the last five days. On the other hand, Allbirds Inc (NASDAQ:BIRD) is 0.42% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $3.5, which translates to bulls needing to increase their stock price by 80.29% from its current value. Analyst projections state that BIRD is forecast to be at a low of $1 and a high of $8.

Allbirds Inc (BIRD) estimates and forecasts

Allbirds Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -24.95 percent over the past six months and at a 14.63% annual growth rate that is well above the industry average of 8.50%. The year-over-year growth rate is expected to be -21.60%, down from the previous year.

Consensus estimates provided by 5 financial analysts predict the company will bring in an average of $39.84 million in revenue for the current quarter. 5 analysts expect Allbirds Inc to make $51.94 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $54.35 million and $70.48 million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -26.70%. Forecasts for the next quarter put sales growth at -26.30%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -77.84%.

BIRD Dividends

Allbirds Inc’s next quarterly earnings report is expected to be released in May.