Telsey Advisory Group Reiterates “Outperform” Rating for Birkenstock (NYSE:BIRK)

Birkenstock (NYSE:BIRK)‘s stock had its “outperform” rating reissued by equities researchers at Telsey Advisory Group in a research note issued to investors on Friday,Benzinga reports. They presently have a $60.00 price target on the stock. Telsey Advisory Group’s target price indicates a potential upside of 56.13% from the stock’s previous close.

A number of other research firms have also recently commented on BIRK. Morgan Stanley reiterated a “positive” rating and set a $47.00 price objective on shares of Birkenstock in a research report on Tuesday, January 27th. 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. Stifel Nicolaus reduced their price objective 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. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $59.00 target price on shares of Birkenstock in a research note on Thursday, January 29th. Finally, Williams Trading raised Birkenstock to a “hold” rating in a research note on Friday, December 19th. Sixteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $60.18.

Birkenstock Trading Up 3.1%

Shares of Birkenstock stock opened at $38.43 on Friday. Birkenstock has a 1 year low of $36.44 and a 1 year high of $59.50. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.81 and a quick ratio of 1.26. The business has a 50 day moving average price of $41.53 and a 200 day moving average price of $44.27. The company has a market capitalization of $7.07 billion, a P/E ratio of 18.39, a P/E/G ratio of 1.50 and a beta of 1.19.

Birkenstock (NYSE:BIRK) last announced its earnings results on Thursday, December 18th. The company reported $0.60 EPS for the quarter, beating 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 firm had revenue of $617.67 million for the quarter, compared to analysts’ expectations of $521.12 million. During the same quarter in the prior year, the firm earned $0.29 EPS. Birkenstock’s quarterly revenue was up 15.5% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Sell-side analysts anticipate that Birkenstock will post 1.77 EPS for the current fiscal year.

Institutional Trading of Birkenstock

Several institutional investors have recently made changes to their positions in the stock. Connable Office Inc. raised its position in shares of Birkenstock by 7.8% in the 2nd quarter. Connable Office Inc. now owns 4,767 shares of the company’s stock worth $234,000 after buying an additional 344 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Birkenstock by 7.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,174 shares of the company’s stock worth $221,000 after purchasing an additional 348 shares during the period. Illinois Municipal Retirement Fund raised its holdings in shares of Birkenstock by 1.3% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 35,968 shares of the company’s stock worth $1,628,000 after purchasing an additional 448 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of Birkenstock by 30.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,951 shares of the company’s stock valued at $87,000 after purchasing an additional 458 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its holdings in shares of Birkenstock by 2.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 16,990 shares of the company’s stock worth $769,000 after purchasing an additional 460 shares during the period. 19.93% of the stock is owned by hedge funds and other institutional investors.

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.