Telsey Advisory Group Reaffirms “Outperform” Rating for Birkenstock (NYSE:BIRK)

Birkenstock (NYSE:BIRK)‘s stock had its “outperform” rating reissued by research analysts at Telsey Advisory Group in a research note issued on Friday,Benzinga reports. They currently have a $60.00 target price on the stock. Telsey Advisory Group’s price target indicates a potential upside of 60.90% from the company’s current price.

A number of other equities analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft set a $50.00 price target on Birkenstock in a report on Thursday, January 8th. Morgan Stanley restated a “positive” rating and issued a $47.00 price target on shares of Birkenstock in a research report on Tuesday, January 27th. The Goldman Sachs Group restated a “buy” rating and set a $59.00 price objective on shares of Birkenstock in a research report on Thursday, January 29th. Robert W. Baird lowered their target price on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Friday, December 19th. Finally, Jefferies Financial Group set a $60.00 price target on Birkenstock in a research note on Thursday, December 18th. Sixteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $60.18.

Birkenstock Stock Down 2.9%

BIRK stock opened at $37.29 on Friday. The company has a market cap of $6.86 billion, a price-to-earnings ratio of 17.84, a P/E/G ratio of 1.50 and a beta of 1.19. The company has a quick ratio of 1.26, a current ratio of 2.81 and a debt-to-equity ratio of 0.47. The business has a 50 day moving average price of $41.63 and a two-hundred day moving average price of $44.38. Birkenstock has a twelve month low of $36.44 and a twelve month high of $59.50.

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

Hedge Funds Weigh In On Birkenstock

Large investors have recently bought and sold shares of the stock. Morse Asset Management Inc bought a new position in Birkenstock in the 3rd quarter worth $28,000. Activest Wealth Management lifted its holdings in shares of Birkenstock by 77,500.0% during the third quarter. Activest Wealth Management now owns 776 shares of the company’s stock valued at $35,000 after purchasing an additional 775 shares during the last quarter. Quarry LP boosted its holdings in Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after acquiring an additional 492 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Birkenstock by 61.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after purchasing an additional 488 shares in the last quarter. Finally, Smartleaf Asset Management LLC purchased a new stake in shares of Birkenstock during the second quarter valued at approximately $74,000. 19.93% of the stock is owned by hedge funds and other 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.