Birkenstock (NYSE:BIRK) Updates FY 2026 Earnings Guidance

Birkenstock (NYSE:BIRK) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.220-2.400 for the period, compared to the consensus earnings per share estimate of 2.270. The company issued revenue guidance of $2.8 billion-$2.8 billion, compared to the consensus revenue estimate of $2.7 billion.

Birkenstock Stock Performance

Shares of BIRK opened at $36.66 on Thursday. Birkenstock has a 1 year low of $31.12 and a 1 year high of $53.53. The stock has a market capitalization of $6.74 billion, a PE ratio of 16.56, a PEG ratio of 1.57 and a beta of 1.30. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95. The stock has a 50-day simple moving average of $43.13 and a 200-day simple moving average of $40.08.

Birkenstock (NYSE:BIRK) last released its earnings results on Thursday, August 13th. The company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.01). The firm had revenue of $821.18 million for the quarter, compared to analysts’ expectations of $816.95 million. Birkenstock had a return on equity of 12.95% and a net margin of 16.26%.Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. On average, analysts predict that Birkenstock will post 2.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on BIRK. BTIG Research restated a “buy” rating and issued a $60.00 price objective on shares of Birkenstock in a report on Thursday, August 6th. Williams Trading cut Birkenstock from a “strong-buy” rating to a “hold” rating in a research report on Sunday, August 2nd. William Blair cut Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 target price for the company. in a research note on Monday, August 3rd. Raymond James Financial assumed coverage on Birkenstock in a report on Wednesday, July 1st. They issued an “outperform” rating and a $52.00 price target for the company. Finally, 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. Thirteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $53.28.

Insider Activity

In related news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was 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 in the company, 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 SEC, which is available through the SEC website.

Hedge Funds Weigh In On Birkenstock

Hedge funds have recently modified their holdings of the business. Federation des caisses Desjardins du Quebec raised its holdings in shares of Birkenstock by 126.1% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 5,217 shares of the company’s stock valued at $213,000 after buying an additional 2,910 shares during the last quarter. State Board of Administration of Florida Retirement System grew its holdings in shares of Birkenstock by 9.0% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 5,110 shares of the company’s stock worth $209,000 after buying an additional 420 shares during the last quarter. Granite Investment Partners LLC acquired a new position in Birkenstock in the 4th quarter valued at about $235,000. PharVision Advisers LLC acquired a new position in Birkenstock in the 3rd quarter valued at about $268,000. Finally, Scientech Research LLC purchased a new stake in Birkenstock during the 3rd quarter valued at approximately $235,000. 19.93% of the stock is currently 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.