Birkenstock (NYSE:BIRK) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Birkenstock (NYSE:BIRK) from a hold rating to a sell rating in a research note released on Saturday morning.

Other analysts have also issued research reports about the company. BTIG Research reissued a “buy” rating and set a $60.00 price objective on shares of Birkenstock in a research note on Friday. Piper Sandler reaffirmed an “overweight” rating and issued a $55.00 target price (down from $60.00) on shares of Birkenstock in a research note on Monday, April 27th. UBS Group lowered their price target on shares of Birkenstock from $77.00 to $76.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. The Goldman Sachs Group reissued a “buy” rating on shares of Birkenstock in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $41.00 price target on shares of Birkenstock in a report on Thursday, May 14th. Thirteen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Birkenstock has a consensus rating of “Moderate Buy” and a consensus price target of $53.91.

Birkenstock Stock Down 3.2%

BIRK opened at $38.09 on Friday. Birkenstock has a 12 month low of $31.12 and a 12 month high of $53.53. The company has a current ratio of 3.78, a quick ratio of 2.09 and a debt-to-equity ratio of 0.67. The business’s 50-day moving average price is $42.93 and its 200-day moving average price is $40.09. The company has a market cap of $7.01 billion, a P/E ratio of 17.85, a P/E/G ratio of 1.58 and a beta of 1.30.

Birkenstock (NYSE:BIRK) last issued its earnings results on Thursday, August 13th. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.02). Birkenstock had a net margin of 14.82% and a return on equity of 13.36%. The company had revenue of $834.65 million for the quarter, compared to analysts’ expectations of $827.39 million. During the same quarter in the prior year, the company earned $0.62 earnings per share. The company’s revenue was up 13.3% compared to the same quarter last year. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. On average, equities analysts expect that Birkenstock will post 2.19 EPS for the current year.

Insider Buying and Selling

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the completion of the transaction, the insider owned 61,153 shares of the company’s stock, valued at approximately $2,572,706.71. This trade represents a 49.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Institutional Trading of Birkenstock

Hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada lifted its position in Birkenstock by 310.5% during the 1st quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock valued at $725,000 after acquiring an additional 11,966 shares during the period. AQR Capital Management LLC grew its holdings in Birkenstock by 53.1% in the first quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock worth $686,000 after purchasing an additional 5,189 shares during the period. NewEdge Advisors LLC grew its holdings in Birkenstock by 61.0% in the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after purchasing an additional 488 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Birkenstock by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock valued at $49,256,000 after purchasing an additional 233,672 shares in the last quarter. Finally, Creative Planning bought a new position in shares of Birkenstock during the second quarter valued at approximately $371,000. 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.