Birkenstock (NYSE:BIRK) Hits New 52-Week Low on Analyst Downgrade

Posted by Brenda Bartman on May 16th, 2026

Birkenstock Holding PLC (NYSE:BIRK – Get Free Report) shares reached a new 52-week low on Thursday after BTIG Research lowered their price target on the stock from $65.00 to $60.00. BTIG Research currently has a buy rating on the stock. Birkenstock traded as low as $32.44 and last traded at $33.0470, with a volume of 8932079 shares traded. The stock had previously closed at $37.95.

BIRK has been the subject of a number of other reports. Piper Sandler restated an “overweight” rating and issued a $55.00 price objective (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. Morgan Stanley restated a “positive” rating and issued a $47.00 price objective on shares of Birkenstock in a research report on Tuesday, January 27th. Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price objective for the company in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft set a $49.00 price objective on shares of Birkenstock in a research report on Friday, February 13th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Birkenstock from $66.00 to $52.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Birkenstock has an average rating of “Moderate Buy” and an average target price of $55.20.

Check Out Our Latest Analysis on BIRK

Key Headlines Impacting Birkenstock

Here are the key news stories impacting Birkenstock this week:

Positive Sentiment: BTIG Research raised its price target on Birkenstock to $60 and kept a buy rating, signaling continued confidence in upside potential. Birkenstock (NYSE:BIRK) Given New $60.00 Price Target at BTIG Research
Positive Sentiment: CEO Oliver Reichert said he is confident about the company’s future, which may reassure investors about the long-term outlook. Birkenstock CEO Oliver Reichert says he’s confident of the future
Positive Sentiment: The earnings transcript may have included management commentary on strategy, demand trends, and margin recovery efforts that could help support investor confidence. Birkenstock (BIRK) Q2 2026 Earnings Transcript
Neutral Sentiment: Telsey Advisory Group lowered its price target to $45 but kept an outperform rating, indicating a more cautious view without turning outright negative. Birkenstock (NYSE:BIRK) Price Target Lowered to $45.00 at Telsey Advisory Group
Negative Sentiment: Birkenstock reported a 22% decline in quarterly net profit despite higher revenue, a sign that profitability is being pressured even as sales grow. Birkenstock Q2 net profit falls 22% despite revenue rise

Institutional Investors Weigh In On Birkenstock

A number of institutional investors and hedge funds have recently bought and sold shares of BIRK. Parallel Advisors LLC raised its stake in Birkenstock by 1,161.7% in the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock valued at $27,000 after purchasing an additional 697 shares in the last quarter. Morse Asset Management Inc purchased a new stake in Birkenstock in the third quarter valued at approximately $28,000. Activest Wealth Management raised its stake in Birkenstock by 77,500.0% in the third quarter. Activest Wealth Management now owns 776 shares of the company’s stock valued at $35,000 after purchasing an additional 775 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Birkenstock in the fourth quarter valued at approximately $42,000. Finally, Quarry LP raised its stake in Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after purchasing an additional 492 shares in the last quarter. 19.93% of the stock is owned by hedge funds and other institutional investors.

Birkenstock Price Performance

The business’s 50 day moving average is $37.25 and its two-hundred day moving average is $39.73. The firm has a market capitalization of $5.74 billion, a PE ratio of 14.09, a P/E/G ratio of 1.35 and a beta of 1.15. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.04.

About Birkenstock

(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.