Birkenstock (NYSE:BIRK) Reaches New 1-Year Low Following Analyst Downgrade

Birkenstock Holding PLC (NYSE:BIRK)’s share price hit a new 52-week low during mid-day trading on Tuesday after JPMorgan Chase & Co. lowered their price target on the stock from $66.00 to $52.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Birkenstock traded as low as $36.89 and last traded at $37.3810, with a volume of 549431 shares traded. The stock had previously closed at $38.47.

Other equities analysts also recently issued reports about the stock. BTIG Research reissued 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. Weiss Ratings reissued a “hold (c-)” rating on shares of Birkenstock in a research report on Monday, December 29th. Telsey Advisory Group restated an “outperform” rating and issued a $60.00 target price on shares of Birkenstock in a research note on Tuesday, January 13th. Williams Trading raised Birkenstock to a “hold” rating in a research note on Friday, December 19th. Finally, Seaport Res Ptn upgraded shares of Birkenstock to a “hold” rating in a report on Friday, January 16th. Fifteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $62.00.

Hedge Funds Weigh In On Birkenstock

Large investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in shares of Birkenstock by 310.5% in the first quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock valued at $725,000 after purchasing an additional 11,966 shares during the period. AQR Capital Management LLC raised its holdings in shares of Birkenstock by 53.1% in the first quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock worth $686,000 after buying an additional 5,189 shares during the last quarter. NewEdge Advisors LLC lifted its position in Birkenstock by 61.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after acquiring an additional 488 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Birkenstock by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock worth $49,256,000 after purchasing an additional 233,672 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Birkenstock during the 2nd quarter worth approximately $320,000. 19.93% of the stock is owned by hedge funds and other institutional investors.

Birkenstock Stock Performance

The firm’s 50 day simple moving average is $42.29 and its 200 day simple moving average is $45.16. The firm has a market capitalization of $6.84 billion, a price-to-earnings ratio of 17.79, a PEG ratio of 1.52 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 2.81.

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

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.