Birkenstock (NYSE:BIRK – Get Free Report) had its price target hoisted by stock analysts at JPMorgan Chase & Co. from $49.00 to $58.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 49.12% from the stock’s previous close.
Other analysts also recently issued reports about the company. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Birkenstock in a report on Friday. William Blair cut shares of Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 target price on the stock. in a report on Monday. Raymond James Financial assumed coverage on shares of Birkenstock in a research report on Wednesday, July 1st. They issued an “outperform” rating and a $52.00 price target for the company. Seaport Research Partners downgraded shares of Birkenstock from a “buy” rating to a “neutral” rating in a research report on Monday, July 20th. Finally, Williams Trading lowered shares of Birkenstock from a “strong-buy” rating to a “hold” rating in a research note on Sunday. Thirteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Birkenstock presently has an average rating of “Moderate Buy” and an average target price of $53.34.
Check Out Our Latest Analysis on Birkenstock
Birkenstock Stock Performance
Birkenstock (NYSE:BIRK – Get Free Report) last issued its quarterly earnings results 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 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 analysts’ expectations of $716.62 million. During the same quarter in the prior year, the firm earned $0.63 EPS. The firm’s revenue was up 7.7% compared to the same quarter last year. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. On average, equities research analysts forecast that Birkenstock will post 2.27 EPS for the current fiscal year.
Insider Buying and Selling at Birkenstock
In other news, insider Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $43.50, for a total value of $1,305,000.00. Following 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 Securities & Exchange Commission, which is accessible through this hyperlink.
Institutional Investors Weigh In On Birkenstock
A number of hedge funds have recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in shares of Birkenstock by 22.5% during the 4th quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock valued at $37,835,000 after acquiring an additional 170,034 shares during the period. Exane Asset Management acquired a new stake in shares of Birkenstock in the 4th quarter worth approximately $6,502,000. Paragon Capital Management Inc. purchased a new position in Birkenstock in the 4th quarter valued at approximately $1,181,000. Swedbank AB increased its stake in Birkenstock by 25.0% in the 4th quarter. Swedbank AB now owns 1,500,000 shares of the company’s stock valued at $61,350,000 after purchasing an additional 300,000 shares in the last quarter. Finally, ABN Amro Investment Solutions acquired a new position in Birkenstock during the first quarter worth $2,892,000. Institutional investors and hedge funds own 19.93% of the company’s stock.
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.
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