Birkenstock (NYSE:BIRK) Reaches New 52-Week Low on Analyst Downgrade

Shares of Birkenstock Holding PLC (NYSE:BIRK) reached a new 52-week low during mid-day trading on Tuesday after JPMorgan Chase & Co. lowered their price target on the stock from $66.00 to $52.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Birkenstock traded as low as $36.89 and last traded at $37.3810, with a volume of 549431 shares traded. The stock had previously closed at $38.47.

BIRK has been the topic of several other reports. Jefferies Financial Group set a $60.00 price objective on Birkenstock in a report on Thursday, December 18th. Robert W. Baird cut their price target on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Friday, December 19th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Birkenstock in a report on Monday, December 29th. Sanford C. Bernstein dropped their target price on shares of Birkenstock from $55.00 to $50.00 and set a “market perform” rating on the stock in a research report on Thursday. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $60.00 target price on shares of Birkenstock in a report on Tuesday, January 13th. Fifteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $62.00.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BIRK. Royal Bank of Canada grew its holdings in shares of Birkenstock by 310.5% in the first quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock valued at $725,000 after purchasing an additional 11,966 shares during the period. AQR Capital Management LLC boosted its holdings in Birkenstock by 53.1% in the 1st quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock valued at $686,000 after purchasing an additional 5,189 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Birkenstock by 61.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after buying an additional 488 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Birkenstock by 27.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock valued at $49,256,000 after buying an additional 233,672 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Birkenstock during the 2nd quarter worth approximately $320,000. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Birkenstock Trading Down 2.9%

The stock has a market cap of $6.87 billion, a PE ratio of 17.87, a price-to-earnings-growth ratio of 1.52 and a beta of 1.17. The company’s 50-day moving average price is $42.33 and its 200 day moving average price is $45.25. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 2.81.

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

About Birkenstock

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.