BIRD Forecast


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).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 25, 2024


Allbirds Forecast

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











Correlated Stock Forecasts

Assets that tend to move strongly with BIRD



APPS Forecast + Options Trading Strategies   APPS  Digital Turbine (0.93)


ENVX Forecast + Options Trading Strategies   ENVX  Enovix (0.91)


EXPI Forecast + Options Trading Strategies   EXPI  eXp World (0.91)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.9)


PACB Forecast + Options Trading Strategies   PACB  Pacific Biosciences of California (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to BIRD



SIL Forecast + Options Trading Strategies   SIL  Global X Funds - Global X Silver Miners (-0.0)


BC Forecast + Options Trading Strategies   BC  Brunswick (0.0)


OUST Forecast + Options Trading Strategies   OUST  Ouster (-0.0)


MS Forecast + Options Trading Strategies   MS  Morgan Stanley (-0.0)


BROS Forecast + Options Trading Strategies   BROS  Dutch Bros (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BIRD



CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.83)


ACGL Forecast + Options Trading Strategies   ACGL  Arch (-0.83)


LBRT Forecast + Options Trading Strategies   LBRT  Liberty Oilfield Services (-0.83)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.85)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.89)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BIRD


 Ask any question about BIRD!