Birkenstock’s (BIRK) “Buy” Rating Reaffirmed at BTIG Research

Birkenstock (NYSE:BIRK)‘s stock had its “buy” rating reissued by stock analysts at BTIG Research in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $60.00 price objective on the stock. BTIG Research’s price target indicates a potential upside of 59.84% from the company’s current price.

Other equities analysts have also issued reports about the company. Morgan Stanley set a $41.00 price target on Birkenstock in a report on Thursday, May 14th. Seaport Research Partners lowered Birkenstock from a “buy” rating to a “neutral” rating in a research note on Monday, July 20th. Telsey Advisory Group dropped their price objective on Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. The Goldman Sachs Group restated a “buy” rating on shares of Birkenstock in a research note on Friday, July 31st. Finally, Weiss Ratings raised Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 2nd. Thirteen investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Birkenstock has a consensus rating of “Moderate Buy” and a consensus price target of $53.28.

Birkenstock Stock Performance

Shares of BIRK stock opened at $37.54 on Thursday. The stock has a market capitalization of $6.90 billion, a P/E ratio of 16.95, a PEG ratio of 1.59 and a beta of 1.30. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. The firm’s 50 day moving average is $43.72 and its 200 day moving average is $40.11. Birkenstock has a 12 month low of $31.12 and a 12 month high of $53.53.

Birkenstock (NYSE:BIRK) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. The business had revenue of $714.40 million during the quarter, compared to analysts’ expectations of $716.62 million. During the same quarter in the prior year, the firm posted $0.63 earnings per share. The firm’s quarterly 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, sell-side analysts anticipate that Birkenstock will post 2.27 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the completion of the transaction, the insider directly owned 61,153 shares in the company, valued at $2,572,706.71. The trade was a 49.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. raised its position in Birkenstock by 22.5% in the 4th quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock worth $37,835,000 after purchasing an additional 170,034 shares during the period. Exane Asset Management purchased a new stake in Birkenstock during the fourth quarter valued at about $6,502,000. Paragon Capital Management Inc. purchased a new stake in Birkenstock during the fourth quarter valued at about $1,181,000. Swedbank AB grew its stake in shares of Birkenstock by 25.0% during the fourth quarter. Swedbank AB now owns 1,500,000 shares of the company’s stock valued at $61,350,000 after buying an additional 300,000 shares during the last quarter. Finally, ABN Amro Investment Solutions bought a new position in shares of Birkenstock during the first quarter valued at about $2,892,000. 19.93% of the stock is currently owned by institutional investors.

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.