Birkenstock (NYSE:BIRK) Given Outperform Rating at Telsey Advisory Group

Birkenstock (NYSE:BIRK)‘s stock had its “outperform” rating reaffirmed by research analysts at Telsey Advisory Group in a report issued on Friday,Benzinga reports. They presently have a $60.00 target price on the stock. Telsey Advisory Group’s target price points to a potential upside of 60.90% from the stock’s previous close.

Several other research firms also recently commented on BIRK. Deutsche Bank Aktiengesellschaft set a $50.00 price objective on shares of Birkenstock in a report on Thursday, January 8th. Williams Trading raised shares of Birkenstock to a “hold” rating in a research note on Friday, December 19th. UBS Group restated a “buy” rating on shares of Birkenstock in a research report on Friday, December 19th. Guggenheim reissued a “buy” rating and set a $60.00 target price on shares of Birkenstock in a research note on Friday, December 19th. Finally, BTIG Research reiterated a “buy” rating and issued a $65.00 price target on shares of Birkenstock in a report on Thursday, January 29th. Sixteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Birkenstock has an average rating of “Moderate Buy” and an average price target of $60.18.

Birkenstock Trading Down 2.9%

Shares of NYSE:BIRK opened at $37.29 on Friday. Birkenstock has a 12-month low of $36.44 and a 12-month high of $59.50. The company has a market cap of $6.86 billion, a PE ratio of 17.84, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. The stock has a 50 day moving average of $41.63 and a 200 day moving average of $44.38. The company has a current ratio of 2.81, a quick ratio of 1.26 and a debt-to-equity ratio of 0.47.

Birkenstock (NYSE:BIRK) last issued its earnings results on Thursday, December 18th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.20. The company had revenue of $617.67 million during the quarter, compared to the consensus estimate of $521.12 million. Birkenstock had a net margin of 16.70% and a return on equity of 13.02%. Birkenstock’s quarterly revenue was up 15.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. As a group, equities research analysts expect that Birkenstock will post 1.77 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BIRK. Peregrine Capital Management LLC acquired a new stake in shares of Birkenstock in the second quarter worth $8,422,000. Federated Hermes Inc. grew its position in shares of Birkenstock by 39.9% during the 2nd quarter. Federated Hermes Inc. now owns 1,331,927 shares of the company’s stock valued at $65,504,000 after acquiring an additional 379,759 shares during the period. AGF Management Ltd. increased its position in shares of Birkenstock by 72.8% in the second quarter. AGF Management Ltd. now owns 2,038,210 shares of the company’s stock valued at $100,239,000 after buying an additional 858,522 shares in the last quarter. American Century Companies Inc. purchased a new stake in Birkenstock in the 2nd quarter worth $18,647,000. Finally, U S Global Investors Inc. acquired a new position in shares of Birkenstock during the 2nd quarter worth about $861,000. Hedge funds and other 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.