Birkenstock (NYSE:BIRK) Receives Buy Rating from BTIG Research

Posted by George Bondi on Aug 15th, 2026

BTIG Research reaffirmed their buy rating on shares of Birkenstock (NYSE:BIRK – Free Report) in a research report report published on Friday,Benzinga reports. They currently have a $60.00 price target on the stock.

Several other equities analysts have also recently weighed in on the company. William Blair cut Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 price objective on the stock. in a research note on Monday, August 3rd. UBS Group lowered their target price on shares of Birkenstock from $77.00 to $76.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $41.00 price target on shares of Birkenstock in a research report on Thursday, May 14th. Williams Trading cut shares of Birkenstock from a “strong-buy” rating to a “hold” rating in a report on Sunday, August 2nd. Finally, Morgan Stanley set a $41.00 price objective on shares of Birkenstock in a research report on Thursday, May 14th. Thirteen equities 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. According to data from MarketBeat.com, Birkenstock currently has an average rating of “Moderate Buy” and an average price target of $53.91.

Get Our Latest Stock Report on BIRK

Birkenstock Stock Performance

Shares of BIRK opened at $39.34 on Friday. The firm has a market capitalization of $7.23 billion, a P/E ratio of 18.43, a P/E/G ratio of 1.70 and a beta of 1.30. Birkenstock has a 52 week low of $31.12 and a 52 week high of $53.53. The stock has a 50 day moving average price of $43.04 and a two-hundred day moving average price of $40.09. 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 (NYSE:BIRK – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). Birkenstock had a net margin of 14.82% and a return on equity of 13.41%. The company 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 business earned $0.63 EPS. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. Equities analysts forecast that Birkenstock will post 2.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the business’s stock in a transaction dated 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 sale, the insider directly owned 31,153 shares in the company, valued at approximately $1,355,155.50. The trade was a 49.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Hedge Funds Weigh In On Birkenstock

Several large investors have recently modified their holdings of BIRK. Royal Bank of Canada lifted its stake in shares of Birkenstock by 310.5% during the 1st quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock valued at $725,000 after buying an additional 11,966 shares in the last quarter. AQR Capital Management LLC grew its stake in Birkenstock by 53.1% in the 1st quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock valued at $686,000 after buying an additional 5,189 shares in the last quarter. NewEdge Advisors LLC raised its holdings in 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. raised its holdings in Birkenstock by 27.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock valued at $49,256,000 after acquiring an additional 233,672 shares during the period. Finally, Creative Planning purchased a new stake in shares of Birkenstock during the second quarter worth $371,000. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Birkenstock News Summary

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

Birkenstock Company Profile

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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.