Birkenstock (NYSE:BIRK) Issues FY 2026 Earnings Guidance

Birkenstock (NYSE:BIRKGet Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.220-2.40 for the period, compared to the consensus estimate of 2.300. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.8 billion.

Wall Street Analyst Weigh In

BIRK has been the topic of a number of research analyst reports. Guggenheim raised Birkenstock to a “strong-buy” rating in a report on Wednesday, December 10th. Telsey Advisory Group reissued an “outperform” rating and set a $70.00 target price on shares of Birkenstock in a research note on Friday, December 12th. BTIG Research restated a “buy” rating and set a $72.00 price target on shares of Birkenstock in a research report on Monday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Birkenstock in a report on Monday. Finally, JPMorgan Chase & Co. dropped their target price on Birkenstock from $81.00 to $66.00 and set an “overweight” rating on the stock in a report on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $68.38.

Check Out Our Latest Research Report on BIRK

Birkenstock Trading Down 1.9%

NYSE:BIRK opened at $46.39 on Thursday. The stock has a fifty day simple moving average of $42.07 and a 200 day simple moving average of $46.98. The firm has a market capitalization of $8.71 billion, a price-to-earnings ratio of 25.77, a price-to-earnings-growth ratio of 0.90 and a beta of 1.14. Birkenstock has a 1-year low of $38.16 and a 1-year high of $62.66. The company has a quick ratio of 1.29, a current ratio of 2.78 and a debt-to-equity ratio of 0.50.

Birkenstock (NYSE:BIRKGet Free Report) last announced its earnings results 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 15.21% and a return on equity of 11.52%. The company had revenue of $617.67 million during the quarter, compared to analysts’ expectations of $521.12 million. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Sell-side analysts forecast that Birkenstock will post 1.77 earnings per share for the current year.

Institutional Investors Weigh In On Birkenstock

Institutional investors have recently made changes to their positions in the company. Morse Asset Management Inc bought a new stake in shares of Birkenstock in the 3rd quarter valued at approximately $28,000. Quarry LP lifted its stake in Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after acquiring an additional 492 shares during the last quarter. NewEdge Advisors LLC lifted its stake in 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 acquiring an additional 488 shares during the last quarter. Smartleaf Asset Management LLC acquired a new position in shares of Birkenstock during the 2nd quarter worth $74,000. Finally, California State Teachers Retirement System raised its holdings in shares of Birkenstock by 67.3% during the 2nd quarter. California State Teachers Retirement System now owns 3,358 shares of the company’s stock valued at $165,000 after purchasing an additional 1,351 shares in the last quarter. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Birkenstock Company Profile

(Get Free Report)

Birkenstock Holding plc manufactures and sells footwear products. It also offers sandals, shoes, closed-toe silhouettes, skincare products, and accessories. The company sells its products through e-commerce sites and a network of owned retail stores, as well as business-to-business channels. It operates in the United States, Brazil, Canada, Mexico, Europe, APMA, and internationally.

See Also

Earnings History and Estimates for Birkenstock (NYSE:BIRK)

Receive News & Ratings for Birkenstock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Birkenstock and related companies with MarketBeat.com's FREE daily email newsletter.