Birkenstock (NYSE:BIRK) Given New $60.00 Price Target at BTIG Research

Birkenstock (NYSE:BIRK) had its price target lowered by BTIG Research from $65.00 to $60.00 in a report released on Thursday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Several other equities research analysts also recently issued reports on the stock. New Street Research set a $47.00 target price on shares of Birkenstock in a research note on Tuesday, January 27th. Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 target price for the company in a research note on Tuesday, April 14th. Telsey Advisory Group cut their target price on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating for the company in a research note on Thursday. UBS Group reiterated a “buy” rating on shares of Birkenstock in a research note on Monday, February 9th. Finally, Sanford C. Bernstein cut their target price on shares of Birkenstock from $55.00 to $50.00 and set a “market perform” rating for the company in a research note on Thursday, January 15th. Sixteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Birkenstock currently has an average rating of “Moderate Buy” and an average target price of $57.41.

Birkenstock Trading Up 3.2%

Birkenstock stock opened at $34.12 on Thursday. The firm has a 50-day moving average of $37.45 and a 200-day moving average of $39.79. Birkenstock has a one year low of $32.44 and a one year high of $59.50. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.04. The company has a market cap of $6.28 billion, a price-to-earnings ratio of 15.41, a P/E/G ratio of 1.27 and a beta of 1.15.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. T. Rowe Price Investment Management Inc. increased its holdings in shares of Birkenstock by 11.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock worth $486,156,000 after purchasing an additional 1,264,841 shares during the period. Bamco Inc. NY increased its holdings in shares of Birkenstock by 25.4% during the fourth quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock worth $325,811,000 after purchasing an additional 1,612,236 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Birkenstock by 30.9% during the first quarter. Dimensional Fund Advisors LP now owns 4,049,787 shares of the company’s stock worth $145,078,000 after purchasing an additional 956,167 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Birkenstock by 0.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,950,380 shares of the company’s stock worth $120,672,000 after purchasing an additional 25,585 shares during the period. Finally, Morgan Stanley increased its holdings in shares of Birkenstock by 25.1% during the fourth quarter. Morgan Stanley now owns 2,797,719 shares of the company’s stock worth $114,427,000 after purchasing an additional 562,188 shares during the period. 19.93% of the stock is owned by institutional investors.

More Birkenstock News

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: Birkenstock said revenue rose in fiscal Q2, with constant-currency growth still in the double digits, and it reaffirmed full-year revenue expectations, signaling that underlying demand for its sandals remains resilient. Birkenstock Reports Fiscal Second Quarter 2026 Results with Revenue Growth Of 14% In Constant FX Despite War, Tariffs and Inflation; Confirms Full-Year Target Of 13-15%
• Positive Sentiment: Two Wall Street firms kept bullish ratings on the stock despite trimming price targets, suggesting analysts still see meaningful upside from current levels. Birkenstock price target updates
• Neutral Sentiment: CEO Oliver Reichert expressed confidence in Birkenstock’s long-term outlook, which may help steady sentiment but does not change the near-term earnings picture. Birkenstock CEO Oliver Reichert Says He’s Confident of the Future
• Neutral Sentiment: Management also emphasized that tariffs, inflation, currency swings, and Middle East-related disruptions are raising costs and complicating the outlook. Birkenstock Q2 net profit falls 22% despite revenue rise
• Negative Sentiment: Quarterly earnings and revenue missed analyst estimates, and net profit fell sharply as margins were squeezed, which is the main reason the stock has faced pressure. Birkenstock shares slide after tariffs and currency swings squeeze margins
• Negative Sentiment: Several reports flagged slowing sales momentum, inventory buildup, and softer guidance concerns, reinforcing worries that profit growth may lag revenue growth. Birkenstock: Concerning Sales Slowdown And Inventory Buildup (Downgrade)

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.