Added to YB: 2026-04-20
Pitch date: 2026-04-16
BIRD [neutral]
Allbirds, Inc.
-13.81%
current return
Author Info
No bio for this author
Company Info
Allbirds, Inc. manufactures and sells footwear and apparel products for men and women in the United States and internationally.
Market Cap
$148.0M
Pitch Price
$12.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.74
P/E
-1.79
EV/Sales
1.06
Sector
Textiles, Apparel and Luxury Goods
Category
special_situation
Allbirds Inc, ($BIRD) is 'allhype' with no wings to fly.
BIRD (liquidation overview): Selling IP/assets to AXNY for $39M (~99% down from $4B IPO peak). Q1 rev $47.7M (missed est), -6.9% 5yr CAGR, -60.3% op margin, -$16M FCF. Closed all US stores Feb '26. Dissolution vote by Apr 24, distributions Q3. Announced $50M convertible + 'NewBird AI' rebrand (zero AI track record). Halper Sadeh probing sale process. Residual value post wind-down likely negligible.
Read full article (3 min)