Birkenstock (NYSE:BIRK) Rating Increased to Hold at Wall Street Zen

Key Points

• Wall Street Zen upgraded Birkenstock from “sell” to “hold,” while broader analyst sentiment remains “Moderate Buy” with an average price target of $53.91.
• Birkenstock reported quarterly revenue of $834.65 million, up 13.3% year over year and above estimates, but earnings per share of $0.86 narrowly missed the $0.88 consensus.
• Shares opened at $35.67, below their 50-day and 200-day moving averages, while an insider recently sold 60,000 shares at an average price of $42.07.

Birkenstock (NYSE:BIRK - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a report issued on Sunday.

Several other brokerages also recently weighed in on BIRK. JPMorgan Chase & Co. upped their target price on Birkenstock from $49.00 to $58.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 4th. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $55.00 price objective (up from $50.00) on shares of Birkenstock in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $41.00 target price on shares of Birkenstock in a research report on Thursday, May 14th. Telsey Advisory Group boosted their target price on shares of Birkenstock from $45.00 to $50.00 and gave the stock an "outperform" rating in a research note on Friday, August 14th. Finally, Piper Sandler restated an "overweight" rating and set a $55.00 price target (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. Thirteen investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $53.91.

Birkenstock Trading Up 3.2%

Shares of NYSE:BIRK opened at $35.67 on Friday. The business has a 50-day moving average price of $42.12 and a 200-day moving average price of $40.02. The stock has a market cap of $6.35 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 1.42 and a beta of 1.30. Birkenstock has a 52-week low of $31.12 and a 52-week high of $53.53. The company has a quick ratio of 2.09, a current ratio of 3.78 and a debt-to-equity ratio of 0.67.

Birkenstock (NYSE:BIRK - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.86 earnings per share for the quarter, missing analysts' consensus estimates of $0.88 by ($0.02). Birkenstock had a net margin of 14.82% and a return on equity of 13.36%. The firm had revenue of $834.65 million during the quarter, compared to analysts' expectations of $827.39 million. During the same period in the previous year, the firm posted $0.62 EPS. The firm's quarterly revenue was up 13.3% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Equities analysts predict that Birkenstock will post 2.2 EPS for the current year.

Insiders Place Their Bets

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 sale, the insider owned 61,153 shares of the company's stock, valued at $2,572,706.71. This trade represents a 49.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Trading of Birkenstock

A number of hedge funds and other institutional investors have recently modified their holdings of BIRK. Parallel Advisors LLC lifted its position in Birkenstock by 1,161.7% in the first quarter. Parallel Advisors LLC now owns 757 shares of the company's stock valued at $27,000 after buying an additional 697 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Birkenstock by 125.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company's stock valued at $28,000 after acquiring an additional 428 shares during the period. Morse Asset Management Inc purchased a new stake in shares of Birkenstock in the 3rd quarter valued at approximately $28,000. Kestra Advisory Services LLC acquired a new position in shares of Birkenstock in the 4th quarter worth approximately $42,000. Finally, Quarry LP lifted its holdings in shares of Birkenstock by 99.2% in the 3rd quarter. Quarry LP now owns 988 shares of the company's stock worth $45,000 after acquiring an additional 492 shares during the last quarter. 19.93% of the stock is owned by institutional investors and hedge funds.

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.

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