Birkenstock (NYSE:BIRK) Price Target Raised to $58.00

Birkenstock (NYSE:BIRK) had its price target boosted by JPMorgan Chase & Co. from $49.00 to $58.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Other equities analysts also recently issued reports about the stock. Zacks Research upgraded shares of Birkenstock from a “strong sell” rating to a “hold” rating in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $41.00 price objective on shares of Birkenstock in a research report on Thursday, May 14th. Stifel Nicolaus set a $51.00 price objective on shares of Birkenstock in a research note on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating on shares of Birkenstock in a research report on Friday, July 31st. Finally, Seaport Research Partners downgraded shares of Birkenstock from a “buy” rating to a “neutral” rating in a research note on Monday, July 20th. Thirteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $53.28.

Birkenstock Stock Performance

Shares of Birkenstock stock opened at $37.16 on Tuesday. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. Birkenstock has a 12 month low of $31.12 and a 12 month high of $53.53. The stock’s fifty day moving average price is $43.58 and its 200-day moving average price is $40.10. The firm has a market cap of $6.83 billion, a P/E ratio of 16.78, a P/E/G ratio of 1.57 and a beta of 1.30.

Birkenstock (NYSE:BIRK) last released its quarterly earnings results 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 return on equity of 12.95% and a net margin of 16.26%.The company had revenue of $714.40 million during the quarter, compared to the consensus estimate of $716.62 million. During the same period in the previous year, the firm posted $0.63 earnings per share. The company’s revenue was up 7.7% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. On average, equities research analysts expect that Birkenstock will post 2.27 earnings per share for the current fiscal year.

Insider Buying and Selling at Birkenstock

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the sale, the insider owned 31,153 shares in the company, valued at approximately $1,355,155.50. The trade was a 49.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Hedge Funds Weigh In On Birkenstock

A number of institutional investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC boosted its position in Birkenstock by 7.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,174 shares of the company’s stock worth $221,000 after purchasing an additional 348 shares in the last quarter. State Board of Administration of Florida Retirement System raised its stake in shares of Birkenstock by 9.0% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 5,110 shares of the company’s stock worth $209,000 after buying an additional 420 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Birkenstock by 125.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock worth $28,000 after buying an additional 428 shares during the period. Public Employees Retirement System of Ohio lifted its position in shares of Birkenstock by 2.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 16,990 shares of the company’s stock valued at $769,000 after buying an additional 460 shares in the last quarter. Finally, GW&K Investment Management LLC lifted its position in shares of Birkenstock by 77.4% during the 4th quarter. GW&K Investment Management LLC now owns 1,114 shares of the company’s stock valued at $46,000 after buying an additional 486 shares in the last quarter. 19.93% of the stock is owned by hedge funds and other institutional investors.

Birkenstock News Summary

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: BTIG Research reaffirmed its Buy rating and set a $60 price target, implying substantial upside from the cited $37.16 share price. Benzinga analyst rating
• Positive Sentiment: JPMorgan raised its Birkenstock price target to $58, signaling confidence in the company’s longer-term earnings and brand outlook. JPMorgan raises Birkenstock price target
• Positive Sentiment: Wall Street is expecting earnings growth in Birkenstock’s upcoming report, while Zacks says the company has factors that could support an earnings beat. This could provide a near-term catalyst, although the prior quarter’s EPS missed consensus estimates. Birkenstock upcoming earnings expectations

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.