Birkenstock (NYSE:BIRK) Reaches New 1-Year Low Following Analyst Downgrade

Birkenstock Holding PLC (NYSE:BIRK)’s stock price reached a new 52-week low during trading on Thursday after BTIG Research lowered their price target on the stock from $65.00 to $60.00. BTIG Research currently has a buy rating on the stock. Birkenstock traded as low as $32.44 and last traded at $33.0470, with a volume of 8932079 shares changing hands. The stock had previously closed at $37.95.

BIRK has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft set a $49.00 price target on Birkenstock in a report on Friday, February 13th. JPMorgan Chase & Co. reduced their target price on Birkenstock from $66.00 to $52.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. New Street Research set a $47.00 target price on Birkenstock in a report on Tuesday, January 27th. Morgan Stanley reaffirmed a “positive” rating and issued a $47.00 target price on shares of Birkenstock in a report on Tuesday, January 27th. Finally, Seaport Research Partners raised Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 target price on the stock in a report on Tuesday, April 14th. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Birkenstock presently has a consensus rating of “Moderate Buy” and an average price target of $55.20.

Key Stories Impacting Birkenstock

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: BTIG Research raised its price target on Birkenstock to $60 and kept a buy rating, signaling continued confidence in upside potential. Birkenstock (NYSE:BIRK) Given New $60.00 Price Target at BTIG Research
• Positive Sentiment: CEO Oliver Reichert said he is confident about the company’s future, which may reassure investors about the long-term outlook. Birkenstock CEO Oliver Reichert says he’s confident of the future
• Positive Sentiment: The earnings transcript may have included management commentary on strategy, demand trends, and margin recovery efforts that could help support investor confidence. Birkenstock (BIRK) Q2 2026 Earnings Transcript
• Neutral Sentiment: Telsey Advisory Group lowered its price target to $45 but kept an outperform rating, indicating a more cautious view without turning outright negative. Birkenstock (NYSE:BIRK) Price Target Lowered to $45.00 at Telsey Advisory Group
• Negative Sentiment: Birkenstock reported a 22% decline in quarterly net profit despite higher revenue, a sign that profitability is being pressured even as sales grow. Birkenstock Q2 net profit falls 22% despite revenue rise

Institutional Investors Weigh In On Birkenstock

Several large investors have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. increased 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 worth $486,156,000 after acquiring an additional 1,264,841 shares during the last quarter. 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 acquiring an additional 1,612,236 shares during the last quarter. Dimensional Fund Advisors LP grew its stake 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 valued at $145,078,000 after buying an additional 956,167 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake 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 valued at $120,672,000 after buying an additional 25,585 shares during the last quarter. Finally, Morgan Stanley grew its stake in shares of Birkenstock by 25.1% during the fourth quarter. Morgan Stanley now owns 2,797,719 shares of the company’s stock valued at $114,427,000 after buying an additional 562,188 shares during the last quarter. 19.93% of the stock is owned by institutional investors.

Birkenstock Stock Performance

The stock has a market cap of $5.74 billion, a P/E ratio of 14.09, a PEG ratio of 1.35 and a beta of 1.15. The business has a 50 day moving average price of $37.25 and a 200 day moving average price of $39.73. The company has a quick ratio of 1.04, a current ratio of 2.95 and a debt-to-equity ratio of 0.45.

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.