Birkenstock’s (BIRK) Buy Rating Reaffirmed at BTIG Research

BTIG Research reissued their buy rating on shares of Birkenstock (NYSE:BIRK) in a research report released on Thursday,Benzinga reports. BTIG Research currently has a $65.00 price target on the stock.

BIRK has been the topic of a number of other reports. Morgan Stanley restated a “positive” rating and set a $47.00 price target on shares of Birkenstock in a report on Tuesday. Robert W. Baird cut their target price on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating on the stock in a research note on Friday, December 19th. UBS Group restated a “buy” rating on shares of Birkenstock in a report on Friday, December 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Birkenstock in a report on Monday, December 29th. Finally, Jefferies Financial Group set a $60.00 target price on Birkenstock in a research note on Thursday, December 18th. Sixteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Birkenstock has an average rating of “Moderate Buy” and a consensus price target of $60.18.

Birkenstock Price Performance

NYSE:BIRK opened at $37.72 on Thursday. Birkenstock has a 52-week low of $36.78 and a 52-week high of $62.66. The company has a market cap of $6.94 billion, a P/E ratio of 18.05, a P/E/G ratio of 1.49 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. The stock’s 50-day simple moving average is $42.09 and its 200 day simple moving average is $44.75.

Birkenstock (NYSE:BIRK) last posted its earnings results on Thursday, December 18th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.20. Birkenstock had a return on equity of 13.02% and a net margin of 16.70%.The business had revenue of $617.67 million for the quarter, compared to analyst estimates of $521.12 million. During the same period in the previous year, the firm earned $0.29 EPS. The firm’s 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, sell-side analysts forecast that Birkenstock will post 1.77 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Morse Asset Management Inc bought a new position in Birkenstock in the 3rd quarter worth $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 worth $35,000 after buying an additional 775 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Birkenstock by 34.5% in the second quarter. GAMMA Investing LLC now owns 908 shares of the company’s stock worth $45,000 after buying an additional 233 shares during the period. Quarry LP lifted its holdings in Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after buying an additional 492 shares during the period. Finally, NewEdge Advisors LLC boosted its position 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 in the last quarter. Institutional investors own 19.93% of the company’s stock.

Key Headlines Impacting Birkenstock

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.

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.