Birkenstock (NYSE:BIRK) Earns “Buy” Rating from BTIG Research

Birkenstock (NYSE:BIRK)‘s stock had its “buy” rating restated by equities research analysts at BTIG Research in a report issued on Thursday,Benzinga reports. They presently have a $65.00 price target on the stock. BTIG Research’s price objective indicates a potential upside of 73.01% from the stock’s current price.

A number of other research firms have also recently weighed in on BIRK. New Street Research set a $47.00 price target on shares of Birkenstock in a report on Tuesday. Guggenheim reissued a “buy” rating and issued a $60.00 price objective on shares of Birkenstock in a research report on Friday, December 19th. JPMorgan Chase & Co. reduced their target price on Birkenstock from $66.00 to $52.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. Robert W. Baird lowered their price target on Birkenstock from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Friday, December 19th. Finally, UBS Group reaffirmed a “buy” rating on shares of Birkenstock in a research report on Friday, December 19th. Sixteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $60.24.

Birkenstock Stock Down 2.1%

Birkenstock stock opened at $37.57 on Thursday. Birkenstock has a twelve month low of $36.78 and a twelve month high of $62.66. The business has a fifty day moving average of $42.15 and a two-hundred day moving average of $44.80. The firm has a market cap of $6.91 billion, a P/E ratio of 17.98, a P/E/G ratio of 1.52 and a beta of 1.17. The company has a quick ratio of 1.26, a current ratio of 2.81 and a debt-to-equity ratio of 0.47.

Birkenstock (NYSE:BIRK) last issued its quarterly earnings data on Thursday, December 18th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.20. Birkenstock had a return on equity of 13.02% and a net margin of 16.70%.The firm had revenue of $617.67 million during the quarter, compared to analysts’ expectations of $521.12 million. During the same period in the prior year, the business posted $0.29 EPS. The firm’s quarterly revenue was up 15.5% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. On average, analysts forecast that Birkenstock will post 1.77 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Birkenstock

A number of institutional investors have recently bought and sold shares of the business. Peregrine Capital Management LLC purchased a new position in shares of Birkenstock during the 2nd quarter valued at approximately $8,422,000. Federated Hermes Inc. raised its position in shares of Birkenstock by 39.9% in the second quarter. Federated Hermes Inc. now owns 1,331,927 shares of the company’s stock worth $65,504,000 after acquiring an additional 379,759 shares during the period. AGF Management Ltd. boosted its stake in shares of Birkenstock by 72.8% during the 2nd quarter. AGF Management Ltd. now owns 2,038,210 shares of the company’s stock worth $100,239,000 after acquiring an additional 858,522 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Birkenstock in the 2nd quarter valued at about $320,000. Finally, American Century Companies Inc. acquired a new position in Birkenstock in the 2nd quarter worth about $18,647,000. 19.93% of the stock is owned by hedge funds and other institutional investors.

Birkenstock Company Profile

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.