JPMorgan Chase & Co. Issues Pessimistic Forecast for Birkenstock (NYSE:BIRK) Stock Price

Birkenstock (NYSE:BIRK) had its price target decreased by equities research analysts at JPMorgan Chase & Co. from $66.00 to $52.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 31.85% from the company’s previous close.

Several other research analysts have also recently commented on the company. Stifel Nicolaus lowered their target price on Birkenstock from $66.00 to $58.00 and set a “buy” rating for the company in a research note on Thursday, December 18th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Birkenstock in a research note on Monday, December 29th. BTIG Research reissued a “buy” rating and set a $65.00 price objective (down from $72.00) on shares of Birkenstock in a research report on Monday, December 15th. Deutsche Bank Aktiengesellschaft set a $50.00 target price on shares of Birkenstock in a report on Thursday, January 8th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $60.00 price target on shares of Birkenstock in a report on Tuesday, January 13th. Fifteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $62.00.

Birkenstock Price Performance

BIRK stock opened at $39.44 on Tuesday. Birkenstock has a 52-week low of $36.89 and a 52-week high of $62.66. The company has a quick ratio of 1.26, a current ratio of 2.81 and a debt-to-equity ratio of 0.47. The stock has a market cap of $7.25 billion, a price-to-earnings ratio of 18.87, a price-to-earnings-growth ratio of 1.47 and a beta of 1.17. The business has a fifty day moving average of $42.25 and a two-hundred day moving average of $45.12.

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

Hedge Funds Weigh In On Birkenstock

A number of hedge funds and other institutional investors have recently bought and sold shares of BIRK. Royal Bank of Canada boosted its holdings in Birkenstock by 310.5% in the 1st quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock valued at $725,000 after purchasing an additional 11,966 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Birkenstock by 53.1% in the first quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock valued at $686,000 after buying an additional 5,189 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Birkenstock by 61.0% in the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after buying an additional 488 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Birkenstock by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock worth $49,256,000 after acquiring an additional 233,672 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Birkenstock in the second quarter worth $320,000. 19.93% of the stock is currently owned by hedge funds and other institutional investors.

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.