BTIG Research Reaffirms “Buy” Rating for Birkenstock (NYSE:BIRK)

Birkenstock (NYSE:BIRK)‘s stock had its “buy” rating reaffirmed by equities research analysts at BTIG Research in a note issued to investors on Friday,Benzinga reports. They presently have a $60.00 price objective on the stock. BTIG Research’s target price would indicate a potential upside of 45.87% from the company’s current price.

A number of other analysts have also issued reports on BIRK. The Goldman Sachs Group reissued a “buy” rating on shares of Birkenstock in a research note on Friday, July 31st. JPMorgan Chase & Co. lifted their price objective on shares of Birkenstock from $49.00 to $58.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Piper Sandler restated an “overweight” rating and issued a $55.00 target price (down from $60.00) on shares of Birkenstock in a research note on Monday, April 27th. William Blair lowered shares of Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 target price on the stock. in a research report on Monday, August 3rd. Finally, Raymond James Financial started coverage on shares of Birkenstock in a research note on Wednesday, July 1st. They set an “outperform” rating and a $52.00 price target for the company. Thirteen investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Birkenstock presently has an average rating of “Moderate Buy” and a consensus target price of $53.28.

Birkenstock Trading Up 12.0%

BIRK opened at $41.13 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95. The stock’s 50 day moving average price is $43.10 and its 200-day moving average price is $40.09. Birkenstock has a one year low of $31.12 and a one year high of $53.53. The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 18.58, a P/E/G ratio of 1.54 and a beta of 1.30.

Birkenstock (NYSE:BIRK) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.58 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $716.62 million. During the same quarter in the previous year, the firm earned $0.63 EPS. Birkenstock’s revenue was up 7.7% compared to the same quarter last year. On average, equities analysts forecast that Birkenstock will post 2.27 EPS for the current year.

Insider Transactions at Birkenstock

In related news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $42.07, for a total value of $2,524,200.00. Following the completion of the transaction, the insider owned 61,153 shares of the company’s stock, valued at $2,572,706.71. The trade was a 49.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Institutional Investors Weigh In On Birkenstock

A number of hedge funds have recently made changes to their positions in BIRK. Morse Asset Management Inc bought a new position in Birkenstock in the third quarter worth about $28,000. Parallel Advisors LLC boosted its holdings in shares of Birkenstock by 1,161.7% in the 1st quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock valued at $27,000 after buying an additional 697 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Birkenstock by 125.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock valued at $28,000 after buying an additional 428 shares in the last quarter. Quarry LP grew its position in shares of Birkenstock by 99.2% in the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after buying an additional 492 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in shares of Birkenstock in the 4th quarter worth approximately $42,000. 19.93% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Birkenstock

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: Fiscal third-quarter revenue rose 13% year over year to approximately €719.5 million, or $821.2 million, exceeding analyst expectations. Revenue growth reached 15% on a constant-currency basis. Reuters article
• Positive Sentiment: Growth was led by direct-to-consumer sales, pricing power and demand for new styles. Management also cited solid full-price demand from affluent consumers and growing interest in its ballerina-inspired footwear trend. Seeking Alpha article
• Positive Sentiment: Birkenstock raised its fiscal 2026 revenue outlook to roughly €2.8 billion, above the approximately €2.7 billion consensus forecast, reinforcing investor confidence in its sales momentum. Adjusted EPS guidance was set at €2.22–€2.40. Birkenstock fiscal third-quarter results
• Neutral Sentiment: Management’s outlook assumes continued premium pricing and demand for sandals, while investors will monitor foreign-exchange effects, consumer spending and execution across international markets.
• Negative Sentiment: Quarterly EPS of approximately $0.85–$0.86 narrowly missed consensus estimates of $0.86–$0.87, although earnings increased from the prior-year period. Some analysts also view the stock’s valuation as less compelling after the rally. Zacks earnings article

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.