Birkenstock (NYSE:BIRK) Rating Increased to Moderate Buy at Raymond James Financial

Raymond James Financial upgraded shares of Birkenstock (NYSE:BIRK) to a moderate buy rating in a research report released on Wednesday morning,Zacks.com reports.

Several other analysts have also issued reports on the stock. BTIG Research reduced their price target on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. The Goldman Sachs Group restated a “buy” rating and set a $52.50 target price on shares of Birkenstock in a research note on Friday, May 22nd. Telsey Advisory Group reduced their target price on Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Wall Street Zen raised Birkenstock from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Finally, Stifel Nicolaus set a $51.00 price objective on Birkenstock in a research report on Wednesday, May 13th. Thirteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $53.57.

Birkenstock Stock Performance

BIRK opened at $43.78 on Wednesday. The firm has a market cap of $8.05 billion, a P/E ratio of 19.78, a price-to-earnings-growth ratio of 1.80 and a beta of 1.26. Birkenstock has a 52-week low of $31.12 and a 52-week high of $53.53. 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 business’s fifty day moving average is $41.48 and its 200-day moving average is $40.13.

Birkenstock (NYSE:BIRK) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). The company had revenue of $714.40 million during the quarter, compared to analyst estimates of $716.62 million. Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $0.63 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Sell-side analysts expect that Birkenstock will post 2.27 EPS for the current fiscal year.

Insider Buying and Selling

In other Birkenstock 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 sale, the insider owned 61,153 shares in the company, valued at $2,572,706.71. This trade represents a 49.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Militia Capital Management LLC bought a new position in shares of Birkenstock in the 1st quarter valued at $331,000. Parallel Advisors LLC grew its position in Birkenstock by 1,161.7% during the 1st quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock worth $27,000 after acquiring an additional 697 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in Birkenstock in the 1st quarter worth about $372,000. EverSource Wealth Advisors LLC increased its holdings 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 purchasing an additional 428 shares in the last quarter. Finally, Quantinno Capital Management LP raised its position in Birkenstock by 97.6% in the first quarter. Quantinno Capital Management LP now owns 15,204 shares of the company’s stock valued at $545,000 after purchasing an additional 7,511 shares during the last quarter. 19.93% of the stock is currently owned by institutional investors and hedge funds.

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.