Morgan Stanley lowered the firm’s price target on Allbirds (BIRD) to $6 from $8 and keeps an Equal Weight rating on the shares. The company delivered Q4 EBITDA upside and guided FY25 “a touch above consensus,” though the guidance embeds a “potentially optimistic” post-Q1 trend improvement, the analyst tells investors in a post-earnings note.
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Read More on BIRD:
- Allbirds, Inc. Reports 2024 Financial Results and 2025 Outlook
- Closing Bell Movers: Stitch Fix jumps over 20% on earnings beat, guidance raise
- Allbirds sees FY25 revenue $175M-$195M, consensus $181.62M
- Allbirds Sees Q1 revenue $28M -$33M , consensus $34.38M
- Allbirds reports Q4 EPS ($3.23) , consensus ($3.45)
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