According to TipRanks, Straton is an analyst with an average return of -5.4% and a 44.44% success rate. Straton covers the Consumer Goods sector, focusing on stocks such as Gap, Nike, and Lululemon Athletica.
Allbirds has an analyst consensus of Strong Buy, with a price target consensus of $5.83, implying an 112.00% upside from current levels. In a report released on November 9, Stifel Nicolaus also maintained a Hold rating on the stock with a $4.00 price target.
The company has a one-year high of $22.33 and a one-year low of $2.50. Currently, Allbirds has an average volume of 1.48M.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BIRD in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Allbirds Inc is a global lifestyle brand that innovates with naturally derived materials to make footwear and apparel products. Its primary source of revenue is from sales of shoes and apparel products in its directly owned digital and physical retail channels.
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