Birkenstock (NYSE:BIRK) Given Buy Rating at Guggenheim

Guggenheim reaffirmed their buy rating on shares of Birkenstock (NYSE:BIRK) in a report issued on Friday,Benzinga reports. The firm currently has a $60.00 price objective on the stock.

Several other research analysts have also recently weighed in on BIRK. Raymond James Financial began coverage on shares of Birkenstock in a report on Wednesday, July 1st. They set an “outperform” rating and a $52.00 price target on the stock. Morgan Stanley set a $41.00 target price on shares of Birkenstock in a research report on Thursday, May 14th. Seaport Research Partners downgraded Birkenstock from a “buy” rating to a “neutral” rating in a research note on Monday, July 20th. Williams Trading lowered Birkenstock from a “strong-buy” rating to a “hold” rating in a report on Sunday, August 2nd. Finally, Zacks Research downgraded Birkenstock from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd. Thirteen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.91.

Birkenstock Price Performance

Shares of NYSE:BIRK opened at $39.34 on Friday. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. The stock’s fifty day simple moving average is $43.04 and its two-hundred day simple moving average is $40.09. Birkenstock has a 1-year low of $31.12 and a 1-year high of $53.53. The stock has a market cap of $7.23 billion, a PE ratio of 18.43, a price-to-earnings-growth ratio of 1.70 and a beta of 1.30.

Birkenstock (NYSE:BIRK) last posted its earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.12). The firm had revenue of $714.40 million during the quarter, compared to the consensus estimate of $716.62 million. Birkenstock had a return on equity of 13.41% and a net margin of 14.82%.The business’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.63 EPS. As a group, analysts forecast that Birkenstock will post 2.29 EPS for the current fiscal year.

Insider Transactions at Birkenstock

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $43.50, for a total value of $1,305,000.00. Following the sale, the insider owned 31,153 shares of the company’s stock, valued at approximately $1,355,155.50. The trade was a 49.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Institutional Investors Weigh In On Birkenstock

Several large investors have recently modified their holdings of the stock. Bamco Inc. NY raised its holdings in shares of Birkenstock by 25.4% in the 4th quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock worth $325,811,000 after purchasing an additional 1,612,236 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in Birkenstock by 11.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock valued at $486,156,000 after purchasing an additional 1,264,841 shares during the period. Holocene Advisors LP increased its position in Birkenstock by 239.3% in the second quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock worth $85,984,000 after buying an additional 1,233,085 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Birkenstock by 61.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock worth $126,534,000 after buying an additional 1,181,919 shares during the last quarter. Finally, Durable Capital Partners LP bought a new stake in shares of Birkenstock in the third quarter valued at $40,121,000. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Key Headlines Impacting Birkenstock

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: Fiscal Q3 revenue rose 13.3% year over year to approximately $821 million, exceeding consensus expectations. Growth was 15% on a constant-currency basis and was led by direct-to-consumer sales, new styles and continued pricing power. Birkenstock fiscal third-quarter results
• Positive Sentiment: Management raised its full-year revenue-growth outlook, citing resilient full-price demand from affluent consumers and strong sandal sales. Revenue guidance of roughly $2.8 billion is above the approximately $2.7 billion analyst consensus. Birkenstock raises annual revenue forecast
• Positive Sentiment: Guggenheim and BTIG Research reaffirmed “buy” ratings and maintained $60 price targets, implying substantial upside from the recent trading level. Analyst rating updates
• Neutral Sentiment: Birkenstock is expanding beyond its traditional clog and sandal offerings, with CEO Oliver Reichert highlighting global demand for ballet-inspired products, including ballerinas and Mary Jane styles. This could broaden the customer base, though the financial contribution remains unproven. Birkenstock expands into ballet fashion
• Negative Sentiment: Quarterly EPS of about $0.85–$0.86 narrowly missed consensus estimates of $0.86–$0.87. Fiscal-year EPS guidance of $2.22–$2.40 also brackets, but does not clearly exceed, the $2.27 consensus estimate. Birkenstock earnings miss
• Negative Sentiment: After a sharp post-earnings advance, some investors appear to be taking profits. Analysts also caution that, despite accelerating DTC growth, the shares may not offer the most attractive risk-reward at current valuation levels. Birkenstock valuation analysis

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.