Birkenstock (NYSE:BIRK) Shares Gap Down – Here’s Why

Shares of Birkenstock Holding PLC (NYSE:BIRK) gapped down before the market opened on Thursday . The stock had previously closed at $46.40, but opened at $43.54. Birkenstock shares last traded at $43.8080, with a volume of 875,565 shares.

Key Birkenstock News

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: Q4 / FY25 beats — Revenue and EPS topped Street estimates and full‑year revenue grew ~16–18% (constant currency), driven by strong consumer demand across channels. This supports near‑term top‑line momentum. Read More.
• Positive Sentiment: Analysts still show conviction — Several firms reaffirmed buy/outperform stances and price targets in the $60–$70 range, indicating continued upside potential from longer‑term growth assumptions. Read More.
• Neutral Sentiment: Unusual options activity — Elevated options volume suggests traders are positioning for volatility around guidance and tariff news; this can amplify intraday moves but is not a fundamental change. Read More.
• Negative Sentiment: Tariff headwind to margins — Management warned that new tariffs (and FX) will materially hurt gross margins in FY26, a primary reason for the weaker outlook. That warning drove immediate investor concern. Read More.
• Negative Sentiment: Slower FY26 guidance / production limits — Birkenstock issued revenue and EPS guidance below some analysts’ expectations and cited temporary production constraints that should slow growth next year. Those factors prompted sharp selloffs in earlier sessions. Read More.
• Negative Sentiment: Operational hiccups — Management said there is no demand problem, but temporary production issues may constrain fulfillment and near‑term revenue progression until resolved. Read More.

Wall Street Analysts Forecast Growth

Several brokerages have commented on BIRK. JPMorgan Chase & Co. decreased their target price on shares of Birkenstock from $81.00 to $66.00 and set an “overweight” rating on the stock in a research report on Friday, September 19th. Robert W. Baird decreased their price objective on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating on the stock in a report on Friday. BTIG Research restated a “buy” rating and set a $65.00 target price (down from $72.00) on shares of Birkenstock in a research report on Monday, December 15th. UBS Group reiterated a “buy” rating on shares of Birkenstock in a research report on Friday. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Birkenstock in a report on Monday. Fourteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $64.79.

Birkenstock Trading Up 3.4%

The company has a market cap of $7.99 billion, a price-to-earnings ratio of 20.35, a PEG ratio of 0.79 and a beta of 1.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.78 and a quick ratio of 1.29. The business’s 50-day simple moving average is $42.02 and its 200-day simple moving average is $46.86.

Birkenstock (NYSE:BIRK) last released its quarterly earnings results on Thursday, December 18th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.40 by $0.11. Birkenstock had a net margin of 16.70% and a return on equity of 13.08%. The business had revenue of $617.67 million for the quarter, compared to analyst estimates of $521.12 million. During the same period in the prior year, the business earned $0.29 earnings per share. The company’s quarterly revenue was up 15.5% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Research analysts predict that Birkenstock Holding PLC will post 1.77 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Birkenstock

A number of institutional investors have recently made changes to their positions in BIRK. Morse Asset Management Inc purchased a new stake in shares of Birkenstock in the third quarter valued at $28,000. Activest Wealth Management raised its stake in Birkenstock by 77,500.0% in the 3rd quarter. Activest Wealth Management now owns 776 shares of the company’s stock valued at $35,000 after purchasing an additional 775 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Birkenstock by 34.5% in the 2nd quarter. GAMMA Investing LLC now owns 908 shares of the company’s stock valued at $45,000 after purchasing an additional 233 shares in the last quarter. Quarry LP boosted its stake in shares of Birkenstock by 99.2% during the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after purchasing an additional 492 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Birkenstock by 61.0% during the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after buying an additional 488 shares in the last quarter. 19.93% of the stock is owned by institutional investors and hedge funds.

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.