Wall Street Zen Downgrades Birkenstock (NYSE:BIRK) to Sell

Birkenstock (NYSE:BIRK) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Sunday.

Several other research firms have also issued reports on BIRK. Stifel Nicolaus set a $51.00 target price on Birkenstock in a report on Wednesday, May 13th. BTIG Research dropped their price target on Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Piper Sandler reissued an “overweight” rating and issued a $55.00 price objective (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. Raymond James Financial assumed coverage on Birkenstock in a research report on Wednesday. They issued an “outperform” rating and a $52.00 price objective on the stock. Finally, Seaport Research Partners upgraded Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price objective for the company in a research note on Tuesday, April 14th. Thirteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $53.57.

Birkenstock Stock Down 0.3%

Birkenstock stock opened at $45.83 on Friday. Birkenstock has a fifty-two week low of $31.12 and a fifty-two week high of $53.53. 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’s 50-day simple moving average is $41.66 and its 200 day simple moving average is $40.17. The stock has a market cap of $8.43 billion, a PE ratio of 20.70, a price-to-earnings-growth ratio of 1.92 and a beta of 1.26.

Birkenstock (NYSE:BIRK) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.12). Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. The firm had revenue of $714.40 million during the quarter, compared to analysts’ expectations of $716.62 million. During the same quarter last year, the business posted $0.63 EPS. The company’s quarterly revenue was up 7.7% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Research analysts predict that Birkenstock will post 2.27 EPS for the current fiscal year.

Insider Buying and Selling at Birkenstock

In related news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the sale, the insider directly owned 61,153 shares in the company, valued at approximately $2,572,706.71. The trade was a 49.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Bamco Inc. NY lifted its holdings in shares of Birkenstock by 41.9% in the third quarter. Bamco Inc. NY now owns 6,353,801 shares of the company’s stock worth $287,509,000 after buying an additional 1,876,398 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in 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 valued at $486,156,000 after acquiring an additional 1,264,841 shares in the last quarter. Holocene Advisors LP grew its stake in Birkenstock by 239.3% during the second quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock valued at $85,984,000 after acquiring an additional 1,233,085 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Birkenstock by 61.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock worth $126,534,000 after acquiring an additional 1,181,919 shares during the period. Finally, Massachusetts Financial Services Co. MA bought a new stake in Birkenstock during the 4th quarter worth approximately $41,110,000. Hedge funds and other institutional investors own 19.93% of the company’s stock.

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.