Wall Street Zen Downgrades Birkenstock (NYSE:BIRK) to Sell

Birkenstock (NYSE:BIRK) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Other equities analysts have also recently issued reports about the company. Morgan Stanley set a $41.00 target price on Birkenstock in a report on Thursday, May 14th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Birkenstock in a report on Friday, July 31st. Weiss Ratings upgraded Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 2nd. Williams Trading cut Birkenstock from a “strong-buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Finally, Guggenheim restated a “buy” rating and set a $60.00 price objective on shares of Birkenstock in a report on Friday. Thirteen research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Birkenstock currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.91.

Birkenstock Stock Performance

NYSE:BIRK opened at $39.34 on Friday. The company has a 50-day moving average of $43.04 and a 200-day moving average of $40.09. The firm has a market cap of $7.23 billion, a price-to-earnings ratio of 18.43, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30. 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 has a twelve month low of $31.12 and a twelve month high of $53.53.

Insider Transactions at Birkenstock

In other news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $43.50, for a total value of $1,305,000.00. Following the completion of the sale, the insider owned 31,153 shares in the company, valued at $1,355,155.50. This represents a 49.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Institutional Trading of Birkenstock

Several hedge funds and other institutional investors have recently modified their holdings of the business. Parallel Advisors LLC raised its position in Birkenstock by 1,161.7% during 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 period. EverSource Wealth Advisors LLC lifted its stake in Birkenstock by 125.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock worth $28,000 after acquiring an additional 428 shares in the last quarter. Morse Asset Management Inc purchased a new stake in Birkenstock in the 3rd quarter worth about $28,000. Kestra Advisory Services LLC acquired a new stake in Birkenstock during the 4th quarter worth about $42,000. Finally, Quarry LP boosted its position in Birkenstock by 99.2% during 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 period. Institutional investors and hedge funds own 19.93% of the company’s stock.

Key Headlines Impacting Birkenstock

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: Fiscal Q3 revenue rose 13.3% year over year to approximately $821 million, exceeding consensus expectations. Growth was 15% on a constant-currency basis and was led by direct-to-consumer sales, new styles and continued pricing power. Birkenstock fiscal third-quarter results
• Positive Sentiment: Management raised its full-year revenue-growth outlook, citing resilient full-price demand from affluent consumers and strong sandal sales. Revenue guidance of roughly $2.8 billion is above the approximately $2.7 billion analyst consensus. Birkenstock raises annual revenue forecast
• Positive Sentiment: Guggenheim and BTIG Research reaffirmed “buy” ratings and maintained $60 price targets, implying substantial upside from the recent trading level. Analyst rating updates
• Neutral Sentiment: Birkenstock is expanding beyond its traditional clog and sandal offerings, with CEO Oliver Reichert highlighting global demand for ballet-inspired products, including ballerinas and Mary Jane styles. This could broaden the customer base, though the financial contribution remains unproven. Birkenstock expands into ballet fashion
• Negative Sentiment: Quarterly EPS of about $0.85–$0.86 narrowly missed consensus estimates of $0.86–$0.87. Fiscal-year EPS guidance of $2.22–$2.40 also brackets, but does not clearly exceed, the $2.27 consensus estimate. Birkenstock earnings miss
• Negative Sentiment: After a sharp post-earnings advance, some investors appear to be taking profits. Analysts also caution that, despite accelerating DTC growth, the shares may not offer the most attractive risk-reward at current valuation levels. Birkenstock valuation analysis

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.