Birkenstock (NYSE:BIRK) Upgraded by Wall Street Zen to “Hold” Rating

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

Several other analysts also recently commented on BIRK. Morgan Stanley set a $41.00 price objective on Birkenstock in a research note on Thursday, May 14th. Zacks Research raised Birkenstock from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 2nd. Raymond James Financial initiated coverage on Birkenstock in a report on Wednesday, July 1st. They set an “outperform” rating and a $52.00 price target for the company. Piper Sandler reissued an “overweight” rating and issued a $55.00 price target (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. Finally, BTIG Research dropped their price objective on Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Birkenstock has an average rating of “Moderate Buy” and a consensus target price of $53.57.

Birkenstock Trading Down 4.3%

NYSE:BIRK opened at $38.74 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. Birkenstock has a one year low of $31.12 and a one year high of $53.53. The company has a market cap of $7.13 billion, a PE ratio of 17.50, a PEG ratio of 1.62 and a beta of 1.26. The firm has a 50-day moving average of $43.98 and a 200-day moving average of $40.21.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.12). The business had revenue of $714.40 million during the quarter, compared to the consensus estimate of $716.62 million. Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. Birkenstock’s revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.63 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. As a group, equities research analysts expect that Birkenstock will post 2.27 EPS for the current fiscal year.

Insider Buying and Selling

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 transaction, the insider owned 31,153 shares of the company’s stock, valued at $1,355,155.50. This trade represents a 49.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Hedge Funds Weigh In On Birkenstock

Several institutional investors have recently modified their holdings of the business. Morse Asset Management Inc bought a new stake in Birkenstock during the third quarter worth $28,000. Parallel Advisors LLC boosted its position in Birkenstock by 1,161.7% in the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock worth $27,000 after purchasing an additional 697 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in 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 purchasing an additional 428 shares during the period. Quarry LP grew its stake in Birkenstock by 99.2% in the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after purchasing an additional 492 shares during the period. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Birkenstock during the 4th quarter valued at $42,000. 19.93% of the stock is owned by institutional investors.

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.