Birkenstock’s (BIRK) “Buy” Rating Reiterated at BTIG Research

BTIG Research reaffirmed their buy rating on shares of Birkenstock (NYSE:BIRK) in a report released on Thursday morning,Benzinga reports. BTIG Research currently has a $60.00 target price on the stock.

Several other research analysts have also recently commented on BIRK. JPMorgan Chase & Co. raised their target price on shares of Birkenstock from $49.00 to $58.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Raymond James Financial initiated coverage on Birkenstock in a research note on Wednesday, July 1st. They issued an “outperform” rating and a $52.00 price target for the company. Stifel Nicolaus set a $51.00 price target on Birkenstock in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. Finally, William Blair downgraded Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 target price for the company. in a research report on Monday, August 3rd. Thirteen equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $53.28.

Birkenstock Trading Up 3.6%

Shares of Birkenstock stock opened at $38.53 on Thursday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95. The firm has a 50-day moving average of $43.46 and a 200-day moving average of $40.09. Birkenstock has a 52-week low of $31.12 and a 52-week high of $53.53. The stock has a market cap of $7.09 billion, a PE ratio of 17.40, a PEG ratio of 1.61 and a beta of 1.30.

Birkenstock (NYSE:BIRK) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 EPS 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 business had revenue of $714.40 million for the quarter, compared to the consensus estimate of $716.62 million. During the same period in the prior year, the business posted $0.63 earnings per share. Birkenstock’s revenue was up 7.7% compared to the same quarter last year. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. As a group, sell-side analysts forecast that Birkenstock will post 2.27 EPS for the current year.

Insider Activity at Birkenstock

In other news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the insider owned 61,153 shares of the company’s stock, valued at approximately $2,572,706.71. This represents a 49.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Morse Asset Management Inc bought a new stake in Birkenstock during the third quarter worth $28,000. Parallel Advisors LLC boosted its holdings in shares of Birkenstock by 1,161.7% in the 1st quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock valued at $27,000 after purchasing an additional 697 shares in 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 valued at $28,000 after purchasing an additional 428 shares during the last quarter. Quarry LP increased its stake in shares of Birkenstock by 99.2% in the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after purchasing an additional 492 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Birkenstock during the 4th quarter worth $42,000. 19.93% of the stock is owned by 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.