Stifel Nicolaus Issues Pessimistic Forecast for Birkenstock (NYSE:BIRK) Stock Price

Birkenstock (NYSE:BIRK) had its price objective cut by stock analysts at Stifel Nicolaus from $58.00 to $56.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 37.62% from the stock’s current price.

Several other equities research analysts also recently weighed in on the stock. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $60.00 price target on shares of Birkenstock in a research note on Thursday, February 12th. JPMorgan Chase & Co. decreased their price target on shares of Birkenstock from $66.00 to $52.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Seaport Research Partners raised shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price target for the company in a research note on Tuesday, April 14th. New Street Research set a $47.00 price target on shares of Birkenstock in a research note on Tuesday, January 27th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $65.00 price target on shares of Birkenstock in a research note on Thursday, January 29th. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $60.00.

Birkenstock Trading Down 0.6%

BIRK opened at $40.69 on Wednesday. Birkenstock has a 1-year low of $33.06 and a 1-year high of $59.50. The company has a current ratio of 3.13, a quick ratio of 1.04 and a debt-to-equity ratio of 0.46. The company has a market cap of $7.48 billion, a P/E ratio of 17.82, a price-to-earnings-growth ratio of 1.55 and a beta of 1.21. The company has a fifty day moving average price of $38.12 and a two-hundred day moving average price of $40.28.

Institutional Investors Weigh In On Birkenstock

Hedge funds and other institutional investors have recently made changes to their positions in the business. Morse Asset Management Inc bought a new stake in shares of Birkenstock during the third quarter worth about $28,000. Activest Wealth Management increased its position in shares of Birkenstock by 77,500.0% during the third quarter. Activest Wealth Management now owns 776 shares of the company’s stock worth $35,000 after acquiring an additional 775 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Birkenstock during the fourth quarter worth about $42,000. Quarry LP increased its position in shares of Birkenstock by 99.2% during the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after acquiring an additional 492 shares in the last quarter. Finally, GW&K Investment Management LLC increased its position in shares of Birkenstock by 77.4% during the fourth quarter. GW&K Investment Management LLC now owns 1,114 shares of the company’s stock worth $46,000 after acquiring an additional 486 shares in the last quarter. 19.93% of the stock is owned by 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.