JPMorgan Chase & Co. Cuts Birkenstock (NYSE:BIRK) Price Target to $52.00

Birkenstock (NYSE:BIRK) had its target price reduced by JPMorgan Chase & Co. from $66.00 to $52.00 in a report released on Tuesday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other research analysts have also recently weighed in on BIRK. Weiss Ratings reissued a “hold (c-)” rating on shares of Birkenstock in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft set a $50.00 target price on Birkenstock in a report on Thursday, January 8th. Guggenheim reissued a “buy” rating and set a $60.00 price target on shares of Birkenstock in a research report on Friday, December 19th. UBS Group restated a “buy” rating on shares of Birkenstock in a research report on Friday, December 19th. Finally, Williams Trading raised Birkenstock to a “hold” rating in a research note on Friday, December 19th. Fifteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Birkenstock has a consensus rating of “Moderate Buy” and an average target price of $62.00.

Birkenstock Stock Up 2.1%

Birkenstock stock opened at $40.19 on Tuesday. Birkenstock has a fifty-two week low of $36.89 and a fifty-two week high of $62.66. The firm has a market capitalization of $7.39 billion, a price-to-earnings ratio of 19.23, a price-to-earnings-growth ratio of 1.56 and a beta of 1.17. The stock’s fifty day moving average is $42.24 and its two-hundred day moving average is $45.09. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 2.81.

Birkenstock (NYSE:BIRK) last released its quarterly earnings data on Thursday, December 18th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.40 by $0.11. Birkenstock had a net margin of 16.70% and a return on equity of 13.02%. The business had revenue of $617.67 million for the quarter, compared to analyst estimates of $521.12 million. During the same period in the previous year, the firm earned $0.29 EPS. The business’s revenue for the quarter was up 15.5% compared to the same quarter last year. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Analysts predict that Birkenstock will post 1.77 EPS for the current fiscal year.

Hedge Funds Weigh In On Birkenstock

Large investors have recently added to or reduced their stakes in the business. Bamco Inc. NY grew its holdings in Birkenstock by 41.9% in the 3rd quarter. Bamco Inc. NY now owns 6,353,801 shares of the company’s stock valued at $287,509,000 after buying an additional 1,876,398 shares during the period. Balyasny Asset Management L.P. boosted its position in shares of Birkenstock by 214.3% in the second quarter. Balyasny Asset Management L.P. now owns 2,991,187 shares of the company’s stock worth $147,107,000 after acquiring an additional 2,039,623 shares during the last quarter. Westfield Capital Management Co. LP boosted its position in shares of Birkenstock by 34.4% in the third quarter. Westfield Capital Management Co. LP now owns 2,254,493 shares of the company’s stock worth $102,016,000 after acquiring an additional 577,543 shares during the last quarter. AGF Management Ltd. grew its holdings in Birkenstock by 2.5% in the third quarter. AGF Management Ltd. now owns 2,089,320 shares of the company’s stock valued at $94,542,000 after purchasing an additional 51,110 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Birkenstock by 76.6% during the third quarter. Dimensional Fund Advisors LP now owns 1,911,701 shares of the company’s stock worth $86,496,000 after purchasing an additional 829,341 shares during the last quarter. 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.