Birkenstock (NYSE:BIRK) Releases FY 2026 Earnings Guidance

Birkenstock (NYSE:BIRK) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.220-2.400 for the period, compared to the consensus estimate of 2.270. The company issued revenue guidance of $2.8 billion-$2.8 billion, compared to the consensus revenue estimate of $2.7 billion.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group restated a “buy” rating on shares of Birkenstock in a research note on Friday, July 31st. UBS Group reduced their price objective on shares of Birkenstock from $77.00 to $76.00 and set a “buy” rating for the company in a research report on Tuesday, August 4th. William Blair downgraded shares of Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 price objective on the stock. in a report on Monday, August 3rd. Morgan Stanley set a $41.00 price objective on shares of Birkenstock in a research report on Thursday, May 14th. Finally, Zacks Research cut shares of Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Monday, August 3rd. Thirteen equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Birkenstock presently has an average rating of “Moderate Buy” and a consensus target price of $53.91.

Birkenstock Price Performance

Birkenstock stock opened at $39.34 on Friday. The company has a market capitalization of $7.23 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 1.70 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. Birkenstock has a 12 month low of $31.12 and a 12 month high of $53.53. The stock’s 50 day moving average is $43.04 and its 200-day moving average is $40.09.

Birkenstock (NYSE:BIRK) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.12). The firm had revenue of $714.40 million for the quarter, compared to analyst estimates of $716.62 million. Birkenstock had a return on equity of 13.41% and a net margin of 14.82%.The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.63 earnings per share. Equities research analysts expect that Birkenstock will post 2.29 EPS for the current year.

Insider Buying and Selling

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the stock in a transaction on 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 transaction, the insider owned 61,153 shares in the company, valued at $2,572,706.71. This trade represents a 49.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Key Headlines Impacting Birkenstock

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: Fiscal Q3 revenue rose 13.3% year over year to approximately $821 million, exceeding consensus expectations. Growth was 15% on a constant-currency basis and was led by direct-to-consumer sales, new styles and continued pricing power. Birkenstock fiscal third-quarter results
• Positive Sentiment: Management raised its full-year revenue-growth outlook, citing resilient full-price demand from affluent consumers and strong sandal sales. Revenue guidance of roughly $2.8 billion is above the approximately $2.7 billion analyst consensus. Birkenstock raises annual revenue forecast
• Positive Sentiment: Guggenheim and BTIG Research reaffirmed “buy” ratings and maintained $60 price targets, implying substantial upside from the recent trading level. Analyst rating updates
• Neutral Sentiment: Birkenstock is expanding beyond its traditional clog and sandal offerings, with CEO Oliver Reichert highlighting global demand for ballet-inspired products, including ballerinas and Mary Jane styles. This could broaden the customer base, though the financial contribution remains unproven. Birkenstock expands into ballet fashion
• Negative Sentiment: Quarterly EPS of about $0.85–$0.86 narrowly missed consensus estimates of $0.86–$0.87. Fiscal-year EPS guidance of $2.22–$2.40 also brackets, but does not clearly exceed, the $2.27 consensus estimate. Birkenstock earnings miss
• Negative Sentiment: After a sharp post-earnings advance, some investors appear to be taking profits. Analysts also caution that, despite accelerating DTC growth, the shares may not offer the most attractive risk-reward at current valuation levels. Birkenstock valuation analysis

Hedge Funds Weigh In On Birkenstock

Several institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its position in Birkenstock by 61.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock worth $126,534,000 after acquiring an additional 1,181,919 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Birkenstock by 0.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,950,380 shares of the company’s stock valued at $120,672,000 after purchasing an additional 25,585 shares during the period. Morgan Stanley boosted its holdings in Birkenstock by 25.1% in the 4th quarter. Morgan Stanley now owns 2,797,719 shares of the company’s stock valued at $114,427,000 after purchasing an additional 562,188 shares during the period. Holocene Advisors LP grew its position in shares of Birkenstock by 239.3% during the 2nd quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock worth $85,984,000 after purchasing an additional 1,233,085 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of Birkenstock by 65.8% during the 2nd quarter. Bank of America Corp DE now owns 1,353,585 shares of the company’s stock worth $66,569,000 after purchasing an additional 537,090 shares in the last quarter. 19.93% of the stock is currently 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.