Birkenstock (NYSE:BIRK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Birkenstock (NYSE:BIRK) from a sell rating to a hold rating in a research note issued to investors on Sunday morning.

A number of other brokerages have also weighed in on BIRK. William Blair lowered shares of Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 target price for the company. in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $41.00 price target on shares of Birkenstock in a research report on Thursday, May 14th. UBS Group cut their price objective 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. Guggenheim reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Birkenstock in a report on Friday, August 14th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $55.00 price objective (down from $60.00) on shares of Birkenstock in a research note on Monday, April 27th. Thirteen analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $53.91.

Birkenstock Stock Down 0.3%

Shares of NYSE BIRK opened at $35.19 on Friday. Birkenstock has a one year low of $31.12 and a one year high of $53.31. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.78 and a quick ratio of 2.09. The business’s fifty day moving average price is $41.59 and its 200-day moving average price is $40.00. The stock has a market capitalization of $6.26 billion, a PE ratio of 16.49, a P/E/G ratio of 1.41 and a beta of 1.30.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings data 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 return on equity of 13.36% and a net margin of 14.82%.The firm had revenue of $834.65 million during the quarter, compared to analysts’ expectations of $827.39 million. During the same period last year, the business posted $0.62 EPS. 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 research analysts anticipate that Birkenstock will post 2.2 EPS for the current year.

Insiders Place Their Bets

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the completion of the sale, the insider directly owned 31,153 shares in the company, valued at $1,355,155.50. The trade was a 49.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Hedge Funds Weigh In On Birkenstock

Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its position in Birkenstock by 310.5% in the first quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock worth $725,000 after acquiring an additional 11,966 shares in the last quarter. AQR Capital Management LLC increased its stake in Birkenstock by 53.1% in the first quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock valued at $686,000 after acquiring an additional 5,189 shares during the last quarter. NewEdge Advisors LLC raised its position in Birkenstock by 61.0% during the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after purchasing an additional 488 shares in the last quarter. Goldman Sachs Group Inc. raised its position in 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 stake in Birkenstock during the second quarter worth about $371,000. Institutional investors own 19.93% of the company’s stock.

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.