Introducing the Astonishing Achievements of Bird‘s Summer Ridership in 2023
As the vibrant summer of 2023 draws to a close, Bird, the leading provider of micromobility solutions, proudly unveils its remarkable accomplishments. With an unwavering commitment to revolutionizing urban transportation, Bird riders have traversed an astonishing distance of nearly 16 million miles throughout the season. This extraordinary feat was made possible by the participation of over 2.3 million unique riders, spanning across 350+ cities worldwide.
Notably, Bird’s innovative e-scooters and e-bikes have captivated the hearts of an astounding 1.2 million new riders, who eagerly embraced these cutting-edge modes of transportation. This surge in ridership showcases the growing demand for sustainable and efficient mobility solutions.
Furthermore, an impressive 18% of all riders have embarked on 100 or more journeys, underscoring the lasting value and convenience that Bird’s offerings bring to urban dwellers. This statistic serves as a testament to the unwavering loyalty and satisfaction of Bird’s ridership base.
As the summer sun sets on this remarkable chapter, Bird remains steadfast in its mission to provide accessible and eco-friendly transportation options to individuals around the globe. With each passing day, Bird continues to redefine the way we navigate our cities, fostering a greener and more connected world.
September 7, 2023
Bird Global, Inc.
Updated on: 04/12/2023
Debt to equity ratio: Strong Buy
Price to earnings ratio: Neutral
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Strong Sell
We did not find social sentiment data for this stock
There are no analysts data to display
BRDS Stock Analysis: Stable Performance on September 7, 2023 with Potential for Future Growth
BRDS stock had a relatively stable performance on September 7, 2023. The stock opened at $0.99 and traded within a narrow range of $0.98 to $1.00. The total volume of shares traded was 47,076, significantly lower than the average volume of 227,858 over the past three months.
BRDS is a relatively small company in the transportation sector with a market capitalization of $14.7 million. The company has experienced a decline in earnings growth of -33.32% in the past year. However, it has shown positive revenue growth of 28.40% in the last year. BRDS reported a net loss of -$358.7 million in the last year, resulting in a negative net profit margin of -146.63%.
The stock’s price-to-earnings (P/E) ratio is not available, indicating that the company may not have positive earnings to calculate this ratio. The price/sales ratio is 0.20, suggesting that the stock is relatively undervalued compared to its sales.
BRDS operates in the transportation industry, specifically in the field of other transportation. Unfortunately, no information about its competitors is available, making it difficult to assess its market position.
Investors should keep an eye on BRDS as the next reporting date is scheduled for November 13, 2023. The company is expected to report an earnings per share (EPS) forecast of -$1.25 for the current quarter. It will be interesting to see if the company can improve its financial performance and turn its earnings growth around.
In conclusion, BRDS stock had a relatively stable performance on September 7, 2023, with no significant price movement. The company has experienced a decline in earnings growth but has shown positive revenue growth. With an upcoming earnings report, investors should closely monitor BRDS to assess its future prospects.
Promising Signs for Bird Global Incs Stock Performance: +914.30% Growth Potential According to Analysts
On September 7, 2023, Bird Global Inc’s (BRDS) stock performance was under scrutiny by investors and analysts. According to data from CNN Money, the 12-month price forecasts provided by one analyst for BRDS had a median target of $10.00, with a high estimate and a low estimate also at $10.00. This median estimate represented a significant increase of +914.30% from the last recorded price of $0.99.
The data shows that there has been a consistent consensus among the polled investment analysts to hold stock in Bird Global Inc. This rating has remained unchanged since August, indicating a stable outlook for the company’s stock.
Looking at the financials, Bird Global Inc reported a loss of -$1.25 per share for the current quarter. However, the company’s sales stood at $71.4 million, indicating a significant revenue stream. The reporting date for these figures is set for November 13, providing investors with an opportunity to evaluate the company’s financial performance.
Analyzing the data, it is evident that there is a positive sentiment surrounding Bird Global Inc’s stock. The 12-month price forecasts indicate a potential for substantial growth, with the median estimate suggesting a +914.30% increase. This optimistic outlook may be attributed to several factors, such as positive market sentiment, potential revenue growth, or anticipated developments within the company.
However, it is important to note that these forecasts are based on the opinion of a single analyst. Investors should exercise caution and consider multiple sources of information before making any investment decisions. Market conditions can change rapidly, and it is crucial to conduct thorough research and analysis to make informed investment choices.
In conclusion, on September 7, 2023, Bird Global Inc’s stock performance showed promising signs. The 12-month price forecasts indicated a potential for significant growth, with the median estimate suggesting a +914.30% increase. However, investors should approach these forecasts with caution and conduct their own research to make informed investment decisions.