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Bullish Case: With a new CEO focusing on strategic efficiencies and a notable increase in insider buying, Allbirds may pivot towards sustainable growth, leveraging its diversified product portfolio and eco-conscious branding to claw back market share and investor confidence.


Bearish Case: Persistent challenges, including high executive turnover, legal troubles, and falling revenues, suggest Allbirds struggles to realign its business model. The specter of NASDAQ delisting looms as the stock trades well below compliance levels.


Potential Outcomes:

1. Successful restructuring under new CEO (35% probability);

2. Increased insider confidence boosts stock (30% probability);

3. Legal setbacks continue, hurting the brand (20% probability);

4. Price rerating following market trends (15% probability).


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April 25, 2024


Allbirds Forecast

BIRD        Allbirds
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











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