Deutsche Bank Aktiengesellschaft Begins Coverage on Birkenstock (NYSE:BIRK)

Analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Birkenstock (NYSE:BIRK) in a research note issued to investors on Thursday, Marketbeat reports. The firm set a “buy” rating on the stock.

A number of other research firms have also commented on BIRK. Jefferies Financial Group set a $60.00 price objective on Birkenstock in a research note on Thursday, December 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Birkenstock in a report on Monday, December 29th. Guggenheim reissued a “buy” rating and set a $60.00 price objective on shares of Birkenstock in a research note on Friday, December 19th. Stifel Nicolaus decreased their target price on shares of Birkenstock from $66.00 to $58.00 and set a “buy” rating on the stock in a research report on Thursday, December 18th. Finally, BTIG Research reiterated a “buy” rating and issued a $65.00 price target (down from $72.00) on shares of Birkenstock in a report on Monday, December 15th. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Birkenstock has an average rating of “Moderate Buy” and an average target price of $63.27.

Birkenstock Stock Down 1.6%

BIRK stock opened at $43.42 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.81 and a quick ratio of 1.26. The company’s 50 day simple moving average is $42.12 and its 200-day simple moving average is $45.66. Birkenstock has a 12 month low of $38.16 and a 12 month high of $62.66. The firm has a market capitalization of $7.98 billion, a PE ratio of 20.77, a P/E/G ratio of 0.81 and a beta of 1.17.

Birkenstock (NYSE:BIRK) last posted its earnings results on Thursday, December 18th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.11. The firm had revenue of $617.67 million for the quarter, compared to analyst estimates of $521.12 million. Birkenstock had a return on equity of 13.02% and a net margin of 16.70%.Birkenstock’s revenue was up 15.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.29 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Equities analysts expect that Birkenstock will post 1.77 earnings per share for the current fiscal year.

Institutional Trading of Birkenstock

Institutional investors and hedge funds have recently made changes to their positions in the company. Balyasny Asset Management L.P. raised its position in shares of Birkenstock by 214.3% in the 2nd quarter. Balyasny Asset Management L.P. now owns 2,991,187 shares of the company’s stock worth $147,107,000 after buying an additional 2,039,623 shares during the period. Bamco Inc. NY increased its stake in Birkenstock by 41.9% during the third quarter. Bamco Inc. NY now owns 6,353,801 shares of the company’s stock worth $287,509,000 after acquiring an additional 1,876,398 shares during the last quarter. Norges Bank purchased a new position in shares of Birkenstock in the 2nd quarter worth about $62,097,000. Holocene Advisors LP lifted its stake in shares of Birkenstock by 239.3% in the 2nd quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock valued at $85,984,000 after purchasing an additional 1,233,085 shares in the last quarter. Finally, Swedbank AB purchased a new stake in shares of Birkenstock during the 1st quarter worth about $45,850,000. 19.93% of the stock is currently 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.