Zacks Research Upgrades Birkenstock (NYSE:BIRK) to Hold

Birkenstock (NYSE:BIRK) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.

Several other research firms have also recently issued reports on BIRK. Telsey Advisory Group upped their target price on shares of Birkenstock from $45.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Wall Street Zen upgraded shares of Birkenstock from a “sell” rating to a “hold” rating in a research note on Sunday, August 23rd. UBS Group decreased 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. JPMorgan Chase & Co. increased their price objective on shares of Birkenstock from $49.00 to $58.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Finally, Seaport Research Partners cut shares of Birkenstock from a “buy” rating to a “neutral” rating in a report on Monday, July 20th. Thirteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Birkenstock has an average rating of “Moderate Buy” and a consensus price target of $53.91.

Birkenstock Stock Down 1.4%

Birkenstock stock opened at $33.75 on Tuesday. The firm has a market cap of $6.00 billion, a price-to-earnings ratio of 15.82, a PEG ratio of 1.37 and a beta of 1.28. The stock has a fifty day simple moving average of $40.39 and a two-hundred day simple moving average of $39.84. Birkenstock has a 12 month low of $31.12 and a 12 month high of $51.37. The company has a current ratio of 3.78, a quick ratio of 2.09 and a debt-to-equity ratio of 0.67.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.86 earnings per share (EPS) 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 business had revenue of $834.65 million for the quarter, compared to the consensus estimate of $827.39 million. During the same period in the previous year, the company earned $0.62 earnings per share. The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. 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 fiscal 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 dated Friday, June 5th. The stock was sold at an average price of $42.07, for a total value of $2,524,200.00. Following the transaction, the insider directly 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 document filed with the SEC, which is accessible through this hyperlink.

Institutional Investors Weigh In On Birkenstock

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bamco Inc. NY boosted its holdings in shares of Birkenstock by 25.4% in the fourth quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock worth $325,811,000 after buying an additional 1,612,236 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Birkenstock by 11.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock valued at $486,156,000 after buying an additional 1,264,841 shares during the last quarter. Holocene Advisors LP raised its position in Birkenstock by 239.3% in the second quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock worth $85,984,000 after acquiring an additional 1,233,085 shares during the period. Dimensional Fund Advisors LP raised its position in Birkenstock by 61.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock worth $126,534,000 after acquiring an additional 1,181,919 shares during the period. Finally, Durable Capital Partners LP purchased a new position in shares of Birkenstock during the 3rd quarter worth $40,121,000. Hedge funds and other institutional investors own 19.93% of the company’s stock.

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.