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

BTIG Research reissued their buy rating on shares of Birkenstock (NYSE:BIRK) in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a $65.00 price target on the stock.

Several other research analysts have also weighed in on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Birkenstock in a research report on Monday, December 29th. Guggenheim reissued a “buy” rating and issued a $60.00 price target on shares of Birkenstock in a research note on Friday, December 19th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $60.00 price objective on shares of Birkenstock in a research report on Thursday. JPMorgan Chase & Co. decreased their target price on shares of Birkenstock from $66.00 to $52.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Finally, Stifel Nicolaus dropped their price target on shares of Birkenstock from $66.00 to $58.00 and set a “buy” rating on the stock in a research note on Thursday, December 18th. Sixteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $60.18.

Birkenstock Stock Performance

BIRK stock opened at $37.76 on Thursday. The firm has a 50 day simple moving average of $42.02 and a 200 day simple moving average of $44.67. Birkenstock has a 52 week low of $36.78 and a 52 week high of $62.50. The stock has a market cap of $6.94 billion, a P/E ratio of 18.07, a P/E/G ratio of 1.49 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 2.81.

Birkenstock (NYSE:BIRK) last released its quarterly earnings data on Thursday, December 18th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.20. The firm had revenue of $617.67 million for the quarter, compared to analyst estimates of $521.12 million. Birkenstock had a net margin of 16.70% and a return on equity of 13.02%. The company’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Research analysts anticipate that Birkenstock will post 1.77 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BIRK. Peregrine Capital Management LLC acquired a new position in Birkenstock in the 2nd quarter valued at approximately $8,422,000. Federated Hermes Inc. grew its holdings in shares of Birkenstock by 39.9% during the 2nd quarter. Federated Hermes Inc. now owns 1,331,927 shares of the company’s stock worth $65,504,000 after purchasing an additional 379,759 shares in the last quarter. AGF Management Ltd. increased its position in shares of Birkenstock by 72.8% during the second quarter. AGF Management Ltd. now owns 2,038,210 shares of the company’s stock valued at $100,239,000 after purchasing an additional 858,522 shares during the period. American Century Companies Inc. acquired a new position in shares of Birkenstock in the second quarter valued at $18,647,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Birkenstock in the second quarter worth $320,000. Institutional investors and hedge funds own 19.93% of the company’s stock.

Birkenstock News Roundup

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: BTIG reaffirmed a “buy” rating and set a $65 price target, signaling strong upside potential from institutional analysts. Article Title
• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating with a $60 target, reinforcing investor confidence in Birkenstock’s long-term growth prospects. Article Title
• Positive Sentiment: Coverage asking whether Birkenstock is “becoming a Wall Street darling” suggests growing investor interest and multiple analysts focusing on the name, which can support multiple bids. Is Birkenstock becoming a Wall Street darling?
• Neutral Sentiment: Fashion press is amplifying brand momentum through a high-profile bridal collaboration (Danielle Frankel), which supports brand awareness but has uncertain near-term revenue impact. LA Times article
• Neutral Sentiment: Additional lifestyle and fashion outlets are highlighting the bridal collection, helpful for brand equity but likely modest for near-term financials. LifestyleAsia article
• Neutral Sentiment: Vogue coverage positions the collaboration within fashion trends — positive PR, limited immediate earnings signal. Vogue article
• Negative Sentiment: Investor Day content prompted caution: management tempered its growth outlook, which can cap near-term multiple expansion and pressure sentiment despite analyst enthusiasm. Birkenstock tempers growth outlook at Investor Day presentation
• Negative Sentiment: Full Analyst/Investor Day transcript provides details behind the tempered tone (investment cadence, margin/SG&A plans, and regional dynamics) that likely drove some investor caution. Investor Day Transcript

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.