Birkenstock (NYSE:BIRK – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.220-2.400 for the period, compared to the consensus earnings per share estimate of 2.390. The company issued revenue guidance of $2.8 billion-$2.8 billion, compared to the consensus revenue estimate of $2.7 billion.
Analyst Ratings Changes
Several equities research analysts recently issued reports on BIRK shares. Telsey Advisory Group restated an “outperform” rating and issued a $60.00 target price on shares of Birkenstock in a report on Thursday, February 12th. Stifel Nicolaus dropped their price target on shares of Birkenstock from $58.00 to $56.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. New Street Research set a $47.00 price objective on shares of Birkenstock in a research report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft set a $49.00 target price on Birkenstock in a report on Friday, February 13th. Finally, Piper Sandler reiterated an “overweight” rating and set a $55.00 target price (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. Sixteen research 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 an average target price of $59.71.
Check Out Our Latest Report on BIRK
Birkenstock Stock Performance
Birkenstock (NYSE:BIRK – Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). Birkenstock had a net margin of 17.68% and a return on equity of 13.41%. The firm had revenue of $715.74 million during the quarter, compared to analysts’ expectations of $716.62 million. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Sell-side analysts predict that Birkenstock will post 2.39 earnings per share for the current year.
Hedge Funds Weigh In On Birkenstock
Several hedge funds have recently made changes to their positions in BIRK. Morse Asset Management Inc purchased a new position in shares of Birkenstock during the 3rd quarter valued at about $28,000. Kestra Advisory Services LLC purchased a new position in shares of Birkenstock in the fourth quarter worth about $42,000. Quarry LP lifted its position in Birkenstock by 99.2% during the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after buying an additional 492 shares in the last quarter. GW&K Investment Management LLC grew its stake in shares of Birkenstock by 77.4% in the 4th quarter. GW&K Investment Management LLC now owns 1,114 shares of the company’s stock valued at $46,000 after buying an additional 486 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of Birkenstock by 61.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after buying an additional 488 shares during the last quarter. 19.93% of the stock is owned by institutional investors and hedge funds.
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.
Further Reading
- Five stocks we like better than Birkenstock
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Birkenstock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Birkenstock and related companies with MarketBeat.com's FREE daily email newsletter.
