Birkenstock’s (BIRK) “Outperform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group restated their outperform rating on shares of Birkenstock (NYSE:BIRK) in a report issued on Tuesday morning,Benzinga reports. They currently have a $60.00 price target on the stock.

A number of other analysts also recently weighed in on BIRK. Jefferies Financial Group set a $60.00 price objective on Birkenstock in a report on Thursday, December 18th. UBS Group reissued a “buy” rating on shares of Birkenstock in a research note on Friday, December 19th. JPMorgan Chase & Co. lowered their price objective on Birkenstock from $81.00 to $66.00 and set an “overweight” rating for the company in a research report on Friday, September 19th. Robert W. Baird reduced their target price on Birkenstock from $70.00 to $60.00 and set an “outperform” rating on the stock in a report on Friday, December 19th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Birkenstock in a report on Monday, December 29th. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $62.93.

Birkenstock Stock Down 4.2%

Shares of NYSE BIRK opened at $40.58 on Tuesday. The company has a 50 day simple moving average of $42.34 and a 200 day simple moving average of $45.45. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.81 and a quick ratio of 1.26. Birkenstock has a 1 year low of $38.16 and a 1 year high of $62.66. The firm has a market cap of $7.46 billion, a PE ratio of 19.42, a price-to-earnings-growth ratio of 1.68 and a beta of 1.17.

Birkenstock (NYSE:BIRK) last posted its earnings results on Thursday, December 18th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.11. The firm had revenue of $617.67 million for the quarter, compared to analyst estimates of $521.12 million. Birkenstock had a net margin of 16.70% and a return on equity of 13.02%. The company’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.29 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. On average, research analysts forecast that Birkenstock will post 1.77 EPS for the current year.

Institutional Trading of Birkenstock

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC lifted its position in shares of Birkenstock by 34.5% during the 2nd quarter. GAMMA Investing LLC now owns 908 shares of the company’s stock valued at $45,000 after acquiring an additional 233 shares during the period. Connable Office Inc. increased its stake in Birkenstock by 7.8% in the second quarter. Connable Office Inc. now owns 4,767 shares of the company’s stock valued at $234,000 after purchasing an additional 344 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Birkenstock by 7.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,174 shares of the company’s stock valued at $221,000 after purchasing an additional 348 shares during the period. Illinois Municipal Retirement Fund boosted its position in shares of Birkenstock by 1.3% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 35,968 shares of the company’s stock worth $1,628,000 after purchasing an additional 448 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of Birkenstock by 30.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,951 shares of the company’s stock worth $87,000 after purchasing an additional 458 shares in the last quarter. Institutional investors and hedge funds own 19.93% of the company’s stock.

About Birkenstock

Birkenstock Group AG, listed on the New York Stock Exchange under the symbol BIRK, is a global footwear manufacturer renowned for its anatomically contoured footbeds and iconic sandal designs. The company’s core product lines include classic models such as the Arizona, Boston and Madrid, alongside a range of clogs, shoes and orthotic insoles. In addition to footwear, Birkenstock offers complementary accessories, including socks and leather care products, reinforcing its commitment to foot health and comfort.

Birkenstock reaches consumers through a diversified distribution network that combines direct-to-consumer channels—such as branded retail stores and e-commerce platforms—with wholesale partnerships spanning specialty footwear retailers, department stores and select online marketplaces.