Birkenstock (NYSE:BIRK) Cut to Neutral at Seaport Research Partners

Posted by George Bondi on Jul 23rd, 2026

Seaport Research Partners lowered shares of Birkenstock (NYSE:BIRK – Free Report) from a buy rating to a neutral rating in a research note published on Monday, Marketbeat reports.

BIRK has been the topic of several other reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $52.50 price objective on shares of Birkenstock in a research report on Friday, May 22nd. Weiss Ratings upgraded Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 2nd. Wall Street Zen downgraded Birkenstock from a “hold” rating to a “sell” rating in a report on Sunday, July 5th. Piper Sandler reaffirmed an “overweight” rating and set a $55.00 price target (down from $60.00) on shares of Birkenstock in a report on Monday, April 27th. Finally, 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 research report on Thursday, May 14th. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $53.57.

Check Out Our Latest Research Report on BIRK

Birkenstock Stock Up 1.6%

NYSE:BIRK opened at $42.90 on Monday. The firm has a market cap of $7.89 billion, a P/E ratio of 19.38, a P/E/G ratio of 1.77 and a beta of 1.26. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95. Birkenstock has a fifty-two week low of $31.12 and a fifty-two week high of $53.53. The firm has a 50-day simple moving average of $43.16 and a two-hundred day simple moving average of $40.28.

Birkenstock (NYSE:BIRK – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.12). Birkenstock had a return on equity of 12.95% and a net margin of 16.26%.The firm had revenue of $714.40 million during the quarter, compared to the consensus estimate of $716.62 million. During the same quarter in the prior year, the company posted $0.63 EPS. The company’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. Analysts predict that Birkenstock will post 2.27 earnings per share for the current fiscal year.

Insider Activity at Birkenstock

In related news, insider Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock in a transaction on Monday, June 8th. The stock was sold at an average price of $43.50, for a total value of $1,305,000.00. Following the completion of the sale, the insider owned 31,153 shares of the company’s stock, valued at $1,355,155.50. The trade was a 49.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Institutional Trading of Birkenstock

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in Birkenstock by 310.5% in the first quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock worth $725,000 after acquiring an additional 11,966 shares during the period. AQR Capital Management LLC grew its position in shares of Birkenstock by 53.1% during the 1st quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock valued at $686,000 after acquiring an additional 5,189 shares during the period. NewEdge Advisors LLC grew its position in shares of Birkenstock by 61.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after acquiring an additional 488 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Birkenstock by 27.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock worth $49,256,000 after purchasing an additional 233,672 shares in the last quarter. Finally, Creative Planning purchased a new stake in shares of Birkenstock in the 2nd quarter worth $371,000. 19.93% of the stock is owned by hedge funds and other institutional investors.

Birkenstock Company Profile

(Get Free Report)

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.