Birkenstock (NYSE:BIRK) Receives Outperform Rating from Telsey Advisory Group

Telsey Advisory Group reaffirmed their outperform rating on shares of Birkenstock (NYSE:BIRK) in a research report released on Thursday morning,Benzinga reports. The brokerage currently has a $60.00 price target on the stock.

Several other equities analysts have also commented on the company. UBS Group reissued a “buy” rating on shares of Birkenstock in a research report on Friday, December 19th. Williams Trading upgraded shares of Birkenstock to a “hold” rating in a research note on Friday, December 19th. Robert W. Baird reduced their target price on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating on the stock in a research report on Friday, December 19th. Guggenheim restated a “buy” rating and issued a $60.00 target price on shares of Birkenstock in a research note on Friday, December 19th. Finally, Stifel Nicolaus dropped their price target on shares of Birkenstock from $66.00 to $58.00 and set a “buy” rating on the stock in a research note on Thursday, December 18th. Sixteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Birkenstock presently has a consensus rating of “Moderate Buy” and an average target price of $60.18.

Birkenstock Stock Performance

NYSE:BIRK opened at $37.72 on Thursday. The firm’s fifty day simple moving average is $42.09 and its 200 day simple moving average is $44.75. The company has a current ratio of 2.81, a quick ratio of 1.26 and a debt-to-equity ratio of 0.47. Birkenstock has a twelve month low of $36.78 and a twelve month high of $62.66. The firm has a market capitalization of $6.94 billion, a price-to-earnings ratio of 18.05, a PEG ratio of 1.49 and a beta of 1.17.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings results on Thursday, December 18th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.20. Birkenstock had a return on equity of 13.02% and a net margin of 16.70%.The firm had revenue of $617.67 million during the quarter, compared to the consensus estimate of $521.12 million. During the same period in the prior year, the firm earned $0.29 EPS. The firm’s quarterly revenue was up 15.5% compared to the same quarter last year. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. As a group, equities research analysts expect that Birkenstock will post 1.77 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

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

More Birkenstock News

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: Analysts reaffirm bullish ratings and raised price targets — BTIG kept a “buy” with a $65 target and Telsey Advisory Group kept an “outperform” with a $60 target, signaling substantial upside vs. current levels. Analyst notes on Benzinga
• Positive Sentiment: Management is pursuing aggressive growth: guidance and press report a push to multiply the store footprint by FY2028 and a target of €1 billion of incremental revenue over the next three years — initiatives that would expand retail presence and direct-to-consumer sales. Birkenstock Eyes Double-Digit Revenue Growth (WSJ) €1B Target (Investing.com)
• Positive Sentiment: Brand-extension into bridal/high fashion — a collaboration with designer Danielle Frankel — is earning mainstream fashion coverage (Vogue, NYT, LifestyleAsia), which can broaden Birkenstock’s customer base and elevate brand perception beyond core casual wear. Vogue: Bridal Birkenstocks NYT: Birkenstock Steps Into High Bridal Fashion LifestyleAsia: Birkenstock x Danielle Frankel
• Negative Sentiment: Short interest has jumped ~29.7% in January to roughly 10.7M shares (about 5.8% of shares outstanding) with a short-interest ratio near 3.8 days — higher short exposure could cap upside or amplify downward moves on negative news.

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.