Birkenstock Holding PLC (NYSE:BIRK – Get Free Report) saw unusually-high trading volume on Friday . Approximately 4,386,972 shares were traded during mid-day trading, an increase of 82% from the previous session’s volume of 2,405,615 shares.The stock last traded at $40.1520 and had previously closed at $41.00.
Trending Headlines about Birkenstock
Here are the key news stories impacting Birkenstock this week:
- Positive Sentiment: Birkenstock reported fiscal third-quarter revenue of approximately $821.2 million, up 13.3% year over year and ahead of the roughly $817 million analyst consensus. Growth was particularly strong on a constant-currency basis, with direct-to-consumer sales and new styles supporting demand. Birkenstock fiscal third-quarter results
- Positive Sentiment: Management raised its fiscal 2026 revenue outlook to approximately $2.8 billion, above the roughly $2.7 billion consensus forecast, citing resilient full-price demand from affluent consumers. Adjusted EPS guidance was set at $2.22-$2.40, compared with the $2.27 consensus. Birkenstock raises annual revenue forecast
- Positive Sentiment: Guggenheim and BTIG Research both reaffirmed “buy” ratings and $60 price targets, implying substantial upside from recent trading levels. Analyst rating updates
- Neutral Sentiment: CEO Oliver Reichert highlighted global interest in the company’s ballerina-inspired footwear trend, suggesting potential product momentum, though the durability of the trend remains uncertain. Birkenstock CEO discusses ballerina trend
- Negative Sentiment: Quarterly EPS of $0.85-$0.86 narrowly missed analyst expectations of approximately $0.86-$0.87. Some investors may also view the stock as less attractive after its recent rally, with one analysis describing the valuation as elevated despite strong direct-to-consumer acceleration. Birkenstock earnings miss estimates
Wall Street Analyst Weigh In
BIRK has been the subject of several research reports. Sanford C. Bernstein reiterated a “market perform” rating on shares of Birkenstock in a research note on Friday. Weiss Ratings raised shares of Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 2nd. William Blair lowered shares of Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 target price on the stock. in a report on Monday, August 3rd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Birkenstock in a research report on Friday, July 31st. Finally, Guggenheim reiterated a “buy” rating and issued a $60.00 price target on shares of Birkenstock in a report on Friday. Thirteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $53.28.
Birkenstock Stock Down 2.8%
The firm has a 50-day moving average of $43.10 and a 200 day moving average of $40.09. The stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of 17.99, a price-to-earnings-growth ratio of 1.54 and a beta of 1.30. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45.
Birkenstock (NYSE:BIRK – Get Free Report) last released its quarterly 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). Birkenstock had a return on equity of 12.95% and a net margin of 16.26%.The company had revenue of $714.40 million during the quarter, compared to analysts’ expectations of $716.62 million. During the same quarter in the prior year, the company earned $0.63 EPS. The firm’s revenue was up 7.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Birkenstock Holding PLC will post 2.27 earnings per share for the current year.
Insider Activity at Birkenstock
In other news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the transaction, the insider directly owned 61,153 shares of the company’s stock, valued at approximately $2,572,706.71. The trade was a 49.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Institutional Investors Weigh In On Birkenstock
Several hedge funds and other institutional investors have recently added to or reduced their stakes in BIRK. Bank of New York Mellon Corp acquired a new position in Birkenstock in the 2nd quarter worth $4,772,000. Militia Capital Management LLC purchased a new stake in shares of Birkenstock during the first quarter worth about $331,000. Parallel Advisors LLC increased its position in shares of Birkenstock by 1,161.7% during the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock worth $27,000 after acquiring an additional 697 shares during the last quarter. Arkadios Wealth Advisors purchased a new position in Birkenstock in the first quarter valued at about $372,000. Finally, EverSource Wealth Advisors LLC grew its stake in Birkenstock by 125.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock valued at $28,000 after purchasing an additional 428 shares in the last quarter. Hedge funds and other institutional investors own 19.93% of the company’s stock.
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.
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