BIRD Surges

Smartbird Inc.’s (NASDAQ: BIRD ) stock saw a sharp surge in its momentum score, jumping from 9.74 to 73.20 on a week-over-week basis.

A momentum score is a metric that tracks the strength of a stock’s price trend by analyzing recent price movements and trading volume, helping indicate how strongly the stock is currently trending.

Smartbird Rebrands From Allbirds In AI Pivot Last week, Allbirds renamed itself Smartbird and appointed former Amazon executive Nadia Carlsten as CEO as it completed its shift from footwear retail to an AI infrastructure business, sending shares up more than 30%, reported Reuters.

The company had earlier announced a move into cloud computing and AI services, which helped drive a strong rally in its stock.

Carlsten, who brought experience from Amazon Web Services , SandboxAQ , and DCAI , said the company was positioned to capture a major infrastructure opportunity. "With a differentiated strategy, significant capital, and the opportunity to build an exceptional team, we are uniquely positioned to capitalize on one of the most significant infrastructure opportunities of the next decade," she said.

The company expanded its convertible financing agreement to $100 million from $50 million to support GPU purchases.

Smartbird said it aimed to offer AI infrastructure as a managed service, reduce upfront hardware costs for customers, and was in early talks with potential clients while building its first computing clusters.

Benzinga’s Edge Stock Rankings showed a detailed breakdown of Smartbird Inc.’s price structure, indicating that its medium-term trend turned positive, while both its short-term and long-term trends remained negative, according to the latest data.

Read Also: Allbirds Is Now An AI Company – History Is Not Impressed Smartbird Stock Surges After AI Pivot Journalist Joe Weisenthal added that the stock had surged nearly 60% after the rebrand and leadership changes, as the former shoe company repositioned itself as an AI and data center-focused business. $BIRD — the former shoe company that sold its shoe business and pivoted to being a AI/datacenter play — is surging today nearly 60% on news that the company has renamed itself Smartbird from Allbird and named a new CEO to execute its strategy. pic.twitter.com/nsJxd3xDZe — Joe Weisenthal (@TheStalwart) June 17, 2026 Separately, Sapte said they would consider buying $BIRD if its dividend yield remained attractive at 9.85% with a 65% payout ratio, describing it as an appealing investment opportunity. nah kalo dividen $BIRD ini cakep banget, tinggi 9,85% tapi payout nya masih wajar 65%, yang ini beli nih, mantap disclaimer on pic.twitter.com/tgpAi2djVR — sapte (@saptaipb) June 23, 2026 Price Action Smartbird closed at $5.12 on Tuesday, down 7.08%, with pre-market trading up 4.88% on Wednesday at the time of writing.

Disclaimer :  This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Read Also: Allbirds Stock Surges On $50 Million AI Infrastructure Deal Photo courtesy: Proxima Studio on Shutterstock.com