Birkenstock (NYSE:BIRK) Releases FY 2026 Earnings Guidance

Birkenstock (NYSE:BIRK) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.220-2.400 for the period, compared to the consensus estimate of 2.390. The company issued revenue guidance of $2.8 billion-$2.8 billion, compared to the consensus revenue estimate of $2.7 billion.

Birkenstock Trading Down 2.7%

BIRK opened at $38.08 on Wednesday. The firm has a market cap of $7.00 billion, a PE ratio of 16.67, a price-to-earnings-growth ratio of 1.50 and a beta of 1.15. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.04 and a current ratio of 3.13. The firm’s fifty day moving average is $37.79 and its two-hundred day moving average is $39.92. Birkenstock has a twelve month low of $33.06 and a twelve month high of $59.50.

Birkenstock (NYSE:BIRK) last announced its earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). The company had revenue of $715.74 million during the quarter, compared to analyst estimates of $716.62 million. Birkenstock had a return on equity of 13.41% and a net margin of 17.68%.Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Equities research analysts anticipate that Birkenstock will post 2.39 EPS for the current year.

Analyst Ratings Changes

BIRK has been the subject of several research reports. Deutsche Bank Aktiengesellschaft set a $49.00 price target on Birkenstock in a report on Friday, February 13th. New Street Research set a $47.00 price objective on shares of Birkenstock in a research report on Tuesday, January 27th. Piper Sandler reissued an “overweight” rating and issued a $55.00 price objective (down from $60.00) on shares of Birkenstock in a research note on Monday, April 27th. JPMorgan Chase & Co. dropped their target price on Birkenstock from $66.00 to $52.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $60.00 target price on shares of Birkenstock in a report on Thursday, February 12th. Sixteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.71.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Invesco Ltd. boosted its stake in Birkenstock by 28.5% in the 4th quarter. Invesco Ltd. now owns 74,169 shares of the company’s stock worth $3,034,000 after purchasing an additional 16,460 shares in the last quarter. Alpine Woods Capital Investors LLC bought a new position in shares of Birkenstock in the fourth quarter worth approximately $397,000. XTX Topco Ltd purchased a new stake in shares of Birkenstock during the fourth quarter valued at approximately $305,000. SummitTX Capital L.P. purchased a new position in Birkenstock in the 4th quarter worth approximately $261,000. Finally, Balyasny Asset Management L.P. raised its holdings in Birkenstock by 8.5% in the 4th quarter. Balyasny Asset Management L.P. now owns 525,012 shares of the company’s stock worth $21,473,000 after acquiring an additional 40,975 shares during the last quarter. Hedge funds and other institutional investors 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.