Birkenstock (NYSE:BIRK) Price Target Lowered to $52.00 at JPMorgan Chase & Co.

Birkenstock (NYSE:BIRK) had its price target decreased by JPMorgan Chase & Co. from $66.00 to $52.00 in a research report report published on Tuesday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

BIRK has been the subject of several other reports. BTIG Research restated a “buy” rating and set a $65.00 target price (down from $72.00) on shares of Birkenstock in a research report on Monday, December 15th. Sanford C. Bernstein decreased their price objective on shares of Birkenstock from $55.00 to $50.00 and set a “market perform” rating for the company in a report on Thursday, January 15th. Robert W. Baird lowered their target price on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Friday, December 19th. UBS Group reiterated a “buy” rating on shares of Birkenstock in a report on Friday, December 19th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $60.00 price target on shares of Birkenstock in a research report on Tuesday, January 13th. Fifteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Birkenstock currently has an average rating of “Moderate Buy” and a consensus price target of $62.00.

Birkenstock Stock Down 3.3%

Shares of NYSE:BIRK opened at $37.19 on Tuesday. 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 stock has a market cap of $6.84 billion, a price-to-earnings ratio of 17.79, a P/E/G ratio of 1.52 and a beta of 1.17. The company has a 50 day moving average of $42.29 and a 200-day moving average of $45.16. Birkenstock has a one year low of $36.89 and a one year high of $62.66.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings data on Thursday, December 18th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.11. Birkenstock had a net margin of 16.70% and a return on equity of 13.02%. The firm had revenue of $617.67 million for the quarter, compared to analysts’ expectations of $521.12 million. During the same period last year, the firm earned $0.29 earnings per share. The business’s revenue for the quarter was up 15.5% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. On average, sell-side analysts forecast that Birkenstock will post 1.77 earnings per share for the current year.

Hedge Funds Weigh In On Birkenstock

Several hedge funds have recently modified their holdings of the stock. Balyasny Asset Management L.P. raised its holdings in Birkenstock by 214.3% during the second quarter. Balyasny Asset Management L.P. now owns 2,991,187 shares of the company’s stock worth $147,107,000 after acquiring an additional 2,039,623 shares in the last quarter. Bamco Inc. NY increased its position in shares of Birkenstock by 41.9% during 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. Norges Bank acquired a new position in shares of Birkenstock during the 2nd quarter worth approximately $62,097,000. Holocene Advisors LP raised its stake in shares of Birkenstock by 239.3% during the 2nd quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock worth $85,984,000 after purchasing an additional 1,233,085 shares in the last quarter. Finally, Durable Capital Partners LP acquired a new stake in shares of Birkenstock in the 3rd quarter valued at approximately $40,121,000. Institutional investors own 19.93% of the company’s stock.

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.