Birkenstock (NYSE:BIRK – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at BTIG Research in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $60.00 price target on the stock. BTIG Research’s price target would suggest a potential upside of 59.84% from the stock’s previous close.
Several other equities analysts have also weighed in on the stock. Morgan Stanley set a $41.00 price objective on shares of Birkenstock in a report on Thursday, May 14th. Weiss Ratings raised Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $41.00 price target on shares of Birkenstock in a research note on Thursday, May 14th. JPMorgan Chase & Co. raised their price objective on Birkenstock from $49.00 to $58.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, UBS Group decreased their price objective on Birkenstock from $77.00 to $76.00 and set a “buy” rating for the company in a report on Tuesday. Thirteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $53.28.
Get Our Latest Stock Report on Birkenstock
Birkenstock Trading Down 0.9%
Birkenstock (NYSE:BIRK – Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.12). The company had revenue of $714.40 million for the quarter, compared to analyst estimates of $716.62 million. Birkenstock had a return on equity of 12.95% and a net margin of 16.26%.The business’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business earned $0.63 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Research analysts forecast that Birkenstock will post 2.27 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the completion of the sale, the insider owned 61,153 shares in the company, valued at approximately $2,572,706.71. This trade represents a 49.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. raised its holdings in shares of Birkenstock by 11.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock worth $486,156,000 after purchasing an additional 1,264,841 shares during the period. Bamco Inc. NY grew its holdings in Birkenstock by 25.4% during the fourth quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock valued at $325,811,000 after purchasing an additional 1,612,236 shares during the period. Dimensional Fund Advisors LP grew its holdings in Birkenstock by 30.9% during the first quarter. Dimensional Fund Advisors LP now owns 4,049,787 shares of the company’s stock valued at $145,078,000 after purchasing an additional 956,167 shares during the period. Price T Rowe Associates Inc. MD increased its position in Birkenstock by 0.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,950,380 shares of the company’s stock worth $120,672,000 after buying an additional 25,585 shares during the last quarter. Finally, Morgan Stanley increased its position in Birkenstock by 25.1% in the fourth quarter. Morgan Stanley now owns 2,797,719 shares of the company’s stock worth $114,427,000 after buying an additional 562,188 shares during the last quarter. 19.93% of the stock is currently owned by hedge funds and other institutional investors.
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.
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