Birkenstock (NYSE:BIRK) Receives “Buy” Rating from BTIG Research

Birkenstock (NYSE:BIRK)‘s stock had its “buy” rating restated by stock analysts at BTIG Research in a research report issued to clients and investors on Friday,Benzinga reports. They currently have a $60.00 target price on the stock. BTIG Research’s price objective points to a potential upside of 45.87% from the stock’s current price.

BIRK has been the topic of several other research reports. William Blair downgraded shares of Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 price objective on the stock. in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $41.00 price target on shares of Birkenstock in a research note on Thursday, May 14th. Zacks Research downgraded Birkenstock from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd. Raymond James Financial initiated coverage on Birkenstock in a research note on Wednesday, July 1st. They issued an “outperform” rating and a $52.00 price objective for the company. Finally, UBS Group decreased their price objective on shares of Birkenstock from $77.00 to $76.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Thirteen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $53.28.

Birkenstock Trading Up 12.0%

Shares of NYSE:BIRK opened at $41.13 on Friday. The business’s 50-day moving average is $43.10 and its 200 day moving average is $40.09. Birkenstock has a 1 year low of $31.12 and a 1 year high of $53.53. The firm has a market capitalization of $7.56 billion, a P/E ratio of 18.58, a P/E/G ratio of 1.54 and a beta of 1.30. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19.

Birkenstock (NYSE:BIRK) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.12). The business had revenue of $714.40 million during the quarter, compared to analyst estimates of $716.62 million. Birkenstock had a return on equity of 12.95% and a net margin of 16.26%.Birkenstock’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.63 EPS. On average, research analysts predict that Birkenstock will post 2.27 earnings per share for the current fiscal year.

Insider Activity at Birkenstock

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $43.50, for a total value of $1,305,000.00. Following the transaction, the insider directly owned 31,153 shares of the company’s stock, valued at $1,355,155.50. This trade represents a 49.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Investors Weigh In On Birkenstock

A number of institutional investors have recently made changes to their positions in BIRK. Bamco Inc. NY increased its stake in 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. T. Rowe Price Investment Management Inc. increased its holdings in shares of Birkenstock by 11.9% in the 4th 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 during the period. Holocene Advisors LP increased its stake in Birkenstock by 239.3% in the second 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 during the period. Dimensional Fund Advisors LP raised its holdings in shares of Birkenstock by 61.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock valued at $126,534,000 after buying an additional 1,181,919 shares during the last quarter. Finally, Durable Capital Partners LP acquired a new stake in shares of Birkenstock during the third quarter worth about $40,121,000. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Birkenstock

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: Fiscal third-quarter revenue rose 13% year over year to approximately €719.5 million, or $821.2 million, exceeding analyst expectations. Revenue growth reached 15% on a constant-currency basis. Reuters article
• Positive Sentiment: Growth was led by direct-to-consumer sales, pricing power and demand for new styles. Management also cited solid full-price demand from affluent consumers and growing interest in its ballerina-inspired footwear trend. Seeking Alpha article
• Positive Sentiment: Birkenstock raised its fiscal 2026 revenue outlook to roughly €2.8 billion, above the approximately €2.7 billion consensus forecast, reinforcing investor confidence in its sales momentum. Adjusted EPS guidance was set at €2.22–€2.40. Birkenstock fiscal third-quarter results
• Neutral Sentiment: Management’s outlook assumes continued premium pricing and demand for sandals, while investors will monitor foreign-exchange effects, consumer spending and execution across international markets.
• Negative Sentiment: Quarterly EPS of approximately $0.85–$0.86 narrowly missed consensus estimates of $0.86–$0.87, although earnings increased from the prior-year period. Some analysts also view the stock’s valuation as less compelling after the rally. Zacks earnings article

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.