Birkenstock (NYSE:BIRK) Research Coverage Started at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft began coverage on shares of Birkenstock (NYSE:BIRK) in a report issued on Thursday morning, MarketBeat Ratings reports. The firm issued a buy rating on the stock.

BIRK has been the topic of several other reports. Sanford C. Bernstein cut their target price on shares of Birkenstock from $63.00 to $55.00 and set a “market perform” rating on the stock in a research note on Tuesday, December 30th. UBS Group restated a “buy” rating on shares of Birkenstock in a research note on Friday, December 19th. BTIG Research reiterated a “buy” rating and issued a $65.00 price objective (down from $72.00) on shares of Birkenstock in a research note on Monday, December 15th. Stifel Nicolaus lowered their target price on Birkenstock from $66.00 to $58.00 and set a “buy” rating for the company in a research note on Thursday, December 18th. Finally, Robert W. Baird reduced their price target on Birkenstock from $70.00 to $60.00 and set an “outperform” rating on the stock in a research report on Friday, December 19th. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Birkenstock has an average rating of “Moderate Buy” and an average price target of $63.27.

Birkenstock Price Performance

BIRK opened at $43.42 on Thursday. The stock’s 50-day moving average price is $42.12 and its 200 day moving average price is $45.62. Birkenstock has a 12-month low of $38.16 and a 12-month high of $62.66. The firm has a market cap of $7.98 billion, a price-to-earnings ratio of 20.77, a PEG ratio of 0.80 and a beta of 1.17. 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 (NYSE:BIRK) last released its earnings results on Thursday, December 18th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.11. The company had revenue of $617.67 million during the quarter, compared to the consensus estimate of $521.12 million. Birkenstock had a return on equity of 13.02% and a net margin of 16.70%.Birkenstock’s revenue was up 15.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.29 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. As a group, sell-side analysts expect that Birkenstock will post 1.77 earnings per share for the current year.

Hedge Funds Weigh In On Birkenstock

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Morse Asset Management Inc purchased a new position in shares of Birkenstock in the 3rd quarter valued at $28,000. Activest Wealth Management increased its position in 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 buying an additional 775 shares during the period. GAMMA Investing LLC lifted its stake in Birkenstock by 34.5% in the second quarter. GAMMA Investing LLC now owns 908 shares of the company’s stock valued at $45,000 after buying an additional 233 shares during the last quarter. Quarry LP boosted its holdings in shares of Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after acquiring an additional 492 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Birkenstock by 61.0% during the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after acquiring an additional 488 shares during the last quarter. 19.93% of the stock is owned by institutional investors and hedge funds.

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.