Birkenstock (NYSE:BIRK) Upgraded at Raymond James Financial

Birkenstock (NYSE:BIRK) was upgraded by equities researchers at Raymond James Financial to a “moderate buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Other research analysts have also issued reports about the stock. Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Tuesday, April 14th. Zacks Research downgraded Birkenstock from a “hold” rating to a “strong sell” rating in a research report on Friday, May 15th. BTIG Research dropped their price target on Birkenstock from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Piper Sandler reissued an “overweight” rating and set a $55.00 price objective (down from $60.00) on shares of Birkenstock in a report on Monday, April 27th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $52.50 target price on shares of Birkenstock in a research report on Friday, May 22nd. Thirteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $53.57.

Birkenstock Stock Up 1.8%

BIRK stock opened at $43.78 on Wednesday. The company’s 50 day moving average is $41.48 and its 200 day moving average is $40.13. The stock has a market cap of $8.05 billion, a price-to-earnings ratio of 19.78, a price-to-earnings-growth ratio of 1.80 and a beta of 1.26. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. Birkenstock has a 1-year low of $31.12 and a 1-year high of $53.53.

Birkenstock (NYSE:BIRK) last announced its earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.12). The company had revenue of $714.40 million for 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%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.63 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Sell-side analysts predict that Birkenstock will post 2.27 EPS for the current fiscal year.

Insider Transactions at Birkenstock

In other news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $42.07, for a total value of $2,524,200.00. Following the transaction, the insider owned 61,153 shares in the company, 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 Securities & Exchange Commission, which is accessible through this hyperlink.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. raised its stake in Birkenstock by 22.5% in the fourth quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock worth $37,835,000 after buying an additional 170,034 shares in the last quarter. Exane Asset Management bought a new stake in Birkenstock during the 4th quarter valued at approximately $6,502,000. Tabor Asset Management LP purchased a new position in shares of Birkenstock during the 3rd quarter worth approximately $2,327,000. Boothbay Fund Management LLC grew its holdings in shares of Birkenstock by 151.6% during the 3rd quarter. Boothbay Fund Management LLC now owns 276,903 shares of the company’s stock worth $12,530,000 after acquiring an additional 166,860 shares during the period. Finally, Paragon Capital Management Inc. bought a new position in shares of Birkenstock in the 4th quarter worth approximately $1,181,000. 19.93% of the stock is currently 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.