Birkenstock (NYSE:BIRK) Shares Gap Up – Should You Buy?

Birkenstock Holding PLC (NYSE:BIRK)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $33.21, but opened at $36.74. Birkenstock shares last traded at $38.7510, with a volume of 1,204,084 shares traded.

Wall Street Analysts Forecast Growth

Several research firms have commented on BIRK. Seaport Research Partners upgraded Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price objective on the stock in a research report on Tuesday, April 14th. The Goldman Sachs Group restated a “buy” rating and issued a $59.00 price objective on shares of Birkenstock in a research report on Thursday, January 29th. Morgan Stanley set a $41.00 price objective on Birkenstock in a research report on Thursday, May 14th. New Street Research set a $47.00 price objective on Birkenstock in a research report on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $41.00 price objective on shares of Birkenstock in a research report on Thursday, May 14th. Thirteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $54.14.

Birkenstock Stock Up 17.8%

The firm has a market capitalization of $7.20 billion, a price-to-earnings ratio of 17.72, a P/E/G ratio of 1.31 and a beta of 1.15. The business has a 50 day simple moving average of $36.88 and a 200-day simple moving average of $39.54. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95.

Institutional Trading of Birkenstock

Hedge funds and other institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC increased its stake in shares of Birkenstock by 1,161.7% in the 1st 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. EverSource Wealth Advisors LLC increased its stake in shares of Birkenstock by 125.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock worth $28,000 after acquiring an additional 428 shares during the last quarter. Morse Asset Management Inc acquired a new stake in shares of Birkenstock in the 3rd quarter worth $28,000. Activest Wealth Management increased its stake in shares of Birkenstock by 77,500.0% in the 3rd quarter. Activest Wealth Management now owns 776 shares of the company’s stock worth $35,000 after acquiring an additional 775 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Birkenstock in the 4th quarter worth $42,000. 19.93% of the stock is owned by institutional investors and hedge funds.

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.