Birkenstock (NYSE:BIRK) Given New $52.00 Price Target at JPMorgan Chase & Co.

Birkenstock (NYSE:BIRK) had its target price lowered by analysts at JPMorgan Chase & Co. from $66.00 to $52.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 38.94% from the company’s current price.

A number of other equities analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft set a $50.00 target price on shares of Birkenstock in a research report on Thursday, January 8th. Jefferies Financial Group set a $60.00 price objective on Birkenstock in a report on Thursday, December 18th. UBS Group restated a “buy” rating on shares of Birkenstock in a report on Friday, December 19th. BTIG Research reaffirmed a “buy” rating and issued a $65.00 price target (down from $72.00) on shares of Birkenstock in a research note on Monday, December 15th. Finally, Williams Trading upgraded Birkenstock to a “hold” rating in a research report on Friday, December 19th. Fifteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $62.00.

Birkenstock Price Performance

Shares of Birkenstock stock traded down $1.05 during trading on Tuesday, hitting $37.43. 911,863 shares of the stock traded hands, compared to its average volume of 2,791,104. The stock has a market cap of $6.88 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 1.52 and a beta of 1.17. The company has a quick ratio of 1.26, a current ratio of 2.81 and a debt-to-equity ratio of 0.47. Birkenstock has a 52 week low of $36.89 and a 52 week high of $62.66. The firm’s fifty day moving average is $42.33 and its 200-day moving average is $45.25.

Birkenstock (NYSE:BIRK) last released its earnings results on Thursday, December 18th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.11. The company had revenue of $617.67 million during the quarter, compared to the consensus estimate of $521.12 million. Birkenstock had a return on equity of 13.02% and a net margin of 16.70%.Birkenstock’s quarterly revenue was up 15.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Research analysts expect that Birkenstock will post 1.77 EPS for the current fiscal year.

Hedge Funds Weigh In On Birkenstock

A number of institutional investors have recently bought and sold shares of the stock. Bamco Inc. NY boosted its position in shares of Birkenstock by 41.9% during the third quarter. Bamco Inc. NY now owns 6,353,801 shares of the company’s stock valued at $287,509,000 after purchasing an additional 1,876,398 shares in the last quarter. Balyasny Asset Management L.P. increased its holdings in shares of Birkenstock by 214.3% during the second quarter. Balyasny Asset Management L.P. now owns 2,991,187 shares of the company’s stock valued at $147,107,000 after acquiring an additional 2,039,623 shares in the last quarter. Westfield Capital Management Co. LP grew its position in Birkenstock by 34.4% during the 3rd quarter. Westfield Capital Management Co. LP now owns 2,254,493 shares of the company’s stock valued at $102,016,000 after purchasing an additional 577,543 shares during the last quarter. AGF Management Ltd. raised its holdings in Birkenstock by 2.5% in the third quarter. AGF Management Ltd. now owns 2,089,320 shares of the company’s stock worth $94,542,000 after buying an additional 51,110 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Birkenstock by 76.6% in the third quarter. Dimensional Fund Advisors LP now owns 1,911,701 shares of the company’s stock worth $86,496,000 after buying an additional 829,341 shares in the last quarter. 19.93% of the stock is owned by institutional investors.

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.