Goldman initiated coverage on Bird Global with a new price target
$BRDS
Diversified Commercial Services
Consumer Discretionary
Goldman initiated coverage of Bird Global with a rating of Neutral and set a new price target of $6.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/7/2022 | $6.00 | Neutral | Goldman |
4 - Bird Global, Inc. (0001861449) (Issuer)
Bird has sufficient liquidity to meet financial obligations to city partners, vendors, suppliers, and employees during and after the restructuring process, and will operate as usual Agreement has unanimous support of first- and second-lien lenders Apollo Global Management and second-lien lenders to provide $25 million in DIP financing MIAMI, Dec. 20, 2023 /PRNewswire/ -- Bird Global, Inc. (OTCQX:BRDS), ("Bird" or the "Company") a leader in environmentally friendly electric transportation, today announced its entry into a financial restructuring process aimed at strengthening its balance sheet and better positioning the company for long-term, sustainable growth. Bird will operate as usual dur
Synergies upwards of $20 million and key profitable markets including Washington D.C., Baltimore, MD and Salt Lake City UT. Combined, Bird will serve approximately 350 markets globally with over 200,000 vehicles Bird Global, Inc. (NYSE:BRDS), ("Bird" or the "Company") a leader in environmentally friendly electric transportation, today announced it has acquired shared electric bike and scooter operator Skinny Labs, Inc, (doing business as Spin) from Berlin-based TIER Mobility. The transaction makes Bird the largest micromobility operator in North America by market share1 and is expected to be immediately accretive to earnings. Spin is now a wholly-owned subsidiary of Bird Rides, Inc. The
Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced the appointment of H. Joseph (Joe) Prodan as Chief Financial Officer (CFO), effective August 30, 2023. Mr. Prodan succeeds Michael Washinushi, following his recent appointment to Interim CEO. "I am delighted to welcome Joe as our new Chief Financial Officer," said Washinushi. "His deep expertise in running the finance function at both public and private companies paired with his strategic mindset and commitment to excellence align perfectly with Bird's values and vision for the future. I am confident that Joe will play an instrumental role as we continue to build a self-sustaining
- Reuters
Investors are constantly on the hunt for undervalued, under-followed, and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance to uncover new information. Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks each week that are just under the surface and warrant attention. The index layers editorial commentary to help make sense of why these stocks should be of interest and whether investors and casual readers should watch them. Here is a look at the Benzinga Stock Whisper Index for the week of Sept. 22, 2023. Nio Inc (NYSE:NIO): The electric vehicle c
Bird Global, Inc. (NYSE:BRDS) shares fell sharply on Wednesday. The drop follows a surge in the price on Tuesday following the company's announcement of its purchase of Skinny Labs. What To Know: Bird Global announced it had acquired micromobility operator Skinny Labs, Inc from TIER Mobility on Tuesday for $19 million. The stock popped nearly 70% Tuesday, with trading being halted and resuming several times. On Wednesday, Bird Global stock pulled back steeply from Tuesday's spike in price. According to data from Benzinga Pro, the stock experienced above-average trading volume of 2.84 million shares as well on Wednesday compared to its average volume of 498,502. Related Link: Roblox Stre
Bird has sufficient liquidity to meet financial obligations to city partners, vendors, suppliers, and employees during and after the restructuring process, and will operate as usual Agreement has unanimous support of first- and second-lien lenders Apollo Global Management and second-lien lenders to provide $25 million in DIP financing MIAMI, Dec. 20, 2023 /PRNewswire/ -- Bird Global, Inc. (OTCQX:BRDS), ("Bird" or the "Company") a leader in environmentally friendly electric transportation, today announced its entry into a financial restructuring process aimed at strengthening its balance sheet and better positioning the company for long-term, sustainable growth. Bird will operate as usual dur
In a groundbreaking partnership to boost voter turnout and civic engagement, Bird Global, Inc. (OTCQX:BRDS), the largest micromobility operator in North America, is joining forces with Rock the Vote, the preeminent organization dedicated to engaging and building the political power of young people. This collaboration aims to promote and amplify the importance of voting and help to ensure that every eligible voter has the tools and information they need to participate in the upcoming elections. As part of this initiative, on Election Days in markets Bird operates, residents will be able to use a promotional code in the Bird app to unlock two complimentary 30-minute rides. The aim is to bre
NEW YORK, Sept. 29, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX:OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Bird Global, Inc. (OTCQX:BRDS), a micromobility company, has qualified to trade on the OTCQX® Best Market. Bird Global, Inc. previously traded on the New York Stock Exchange. Bird Global, Inc. begins trading today on OTCQX under the symbol "BRDS." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are
Goldman initiated coverage of Bird Global with a rating of Neutral and set a new price target of $6.00
4 - Bird Global, Inc. (0001861449) (Issuer)
4 - Bird Global, Inc. (0001861449) (Issuer)
3 - Bird Global, Inc. (0001861449) (Issuer)
SC 13G/A - Bird Global, Inc. (0001861449) (Subject)
SC 13G/A - Bird Global, Inc. (0001861449) (Subject)
SC 13D - Bird Global, Inc. (0001861449) (Subject)
Net loss was $(9.3) million compared to $(320.3) million in the second quarter of 2022 Adjusted EBITDA for the second quarter improved by $27.7 million to $(1.2) million from $(28.9) million in the second quarter of 2022 Gross profit of $19.4 million compared to $(23.2) million in the prior year period Consolidated gross margin of 40% improved by 75 basis points year-over-year Year-over-year ride profit (before depreciation) margin improved by 10 points to 57% in the second quarter Total operating expenses in the second quarter decreased 89% and adjusted operating expenses decreased 50% Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally f
Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that it will release financial results for the second quarter 2023 after the U.S. market closes on Wednesday, August 9, 2023. The Company will host a webcast and conference call the following day at 8:00 a.m. Eastern Time on Thursday, August 10, 2023, to discuss the financial results and other business updates. Interested parties are invited to join the live webcast available online at https://ir.bird.co. A recorded replay of the webcast will be available within two hours of the conclusion of the event and can be accessed online at https://ir.bird.co for 9
Consolidated gross margin improved by 15 points to 17% and Ride Profit Margin before vehicle depreciation improved by 17 points to 52% Total operating expenses decreased 60% year-over-year; Adjusted Operating Expenses decreased 39% year-over-year Net loss of $44.3 million Adjusted EBITDA improved by $23.8 million to $(15.6) million from $(39.4) million in the prior year period Reaffirmed 2023 guidance with Adjusted EBITDA of $15 to $20 million, and positive cash flow of $5 to $10 million Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the first quarter ended March 31,
8-K/A - Bird Global, Inc. (0001861449) (Filer)
8-K - Bird Global, Inc. (0001861449) (Filer)
8-K - Bird Global, Inc. (0001861449) (Filer)