Allbirds, Inc. Class A (BIRD) has disclosed a new risk, in the Employment / Personnel category.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Allbirds, Inc. Class A faces significant business risk associated with the retention and recruitment of its high-caliber workforce, which is pivotal for its growth and success. The company’s reliance on key personnel, who are employed at-will and without “key person” insurance, renders it vulnerable to operational disruptions if these individuals depart. Intense competition for skilled workers, particularly in Northern California where Allbirds is headquartered, exacerbates the challenge, with competitors often offering more attractive compensation packages. Consequently, Allbirds’ future ability to effectively attract and retain talent, amidst an evolving job market and employee preferences, is crucial to its strategic execution and overall business health.
Overall, Wall Street has a Hold consensus rating on BIRD stock based on 3 Holds.
To learn more about Allbirds, Inc. Class A’s risk factors, click here.
