The Birkenstock Holding plc Ordinary Shares (BIRK) share price is expected to increase by 23.08% over the next year. This is based on calculating the average 12-month share price estimate provided by 20 stock analysts who have covered BIRK. Price targets range from $52.09965 at the low end to $83.0384 at the high end. The current analyst consensus for BIRK is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Birkenstock Holding plc Ordinary Shares has a total of 20 Wall St Analyst ratings. There are 16 buy ratings, 4 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Birkenstock Holding plc Ordinary Shares will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of BIRK.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Janine Stichter BTIG | Buy | $60 | Initiates | Oct 10, 2024 |
Dana Telsey Telsey Advisory Group | Outperform | $70 | Maintains | Sep 24, 2024 |
Michael Binetti Evercore ISI Group | Outperform | $70 | Maintains | Aug 30, 2024 |
Simeon Siegel BMO Capital | Outperform | $60 | Maintains | Aug 30, 2024 |
Dana Telsey Telsey Advisory Group | Outperform | $70 | Maintains | Aug 29, 2024 |
Michael Binetti Evercore ISI Group | Outperform | $77 | Reiterates | Aug 26, 2024 |
Jim Duffy Stifel | Buy | $70 | Maintains | Aug 23, 2024 |
Dana Telsey Telsey Advisory Group | Outperform | $70 | Maintains | Aug 23, 2024 |
Lorraine Hutchinson B of A Securities | Buy | $65 | Upgrade | Jul 25, 2024 |
Paul Lejuez Citigroup | Buy | $65 | Reinstates | Jul 1, 2024 |
Jay Sole UBS | Buy | $85 | Upgrade | Jul 1, 2024 |
Edouard Aubin Morgan Stanley | Equal-Weight | $58 | Maintains | Jun 25, 2024 |
Krisztina Katai Deutsche Bank | Buy | $70 | Reinstates | Jun 13, 2024 |
Louise Singlehurst Goldman Sachs | Neutral | $58 | Downgrade | Jun 12, 2024 |
Matthew Boss JP Morgan | Overweight | $64 | Maintains | Jun 3, 2024 |
Jim Duffy Stifel | Buy | $63 | Maintains | May 31, 2024 |
Michael Binetti Evercore ISI Group | Outperform | $63 | Maintains | May 31, 2024 |
Dana Telsey Telsey Advisory Group | Outperform | $63 | Maintains | May 31, 2024 |
Simeon Siegel BMO Capital | Outperform | $60 | Maintains | May 31, 2024 |
Mark Altschwager Baird | Outperform | $65 | Maintains | May 31, 2024 |
When did it IPO
2023
Staff Count
5,300
Country
United Kingdom
Sector/Industry
Consumer Cyclical/Footwear & Accessories
CEO
Mr. Oliver Reichert
Market Cap
$9.49B
In 2023, BIRK generated $1.49B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BIRK's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Retail earnings are in focus as the holiday season begins. Telsey Advisory Group's CEO highlights retail trends and brands likely to perform well during this key shopping period.
Why It Matters - Retail earnings during the holiday season significantly impact stock prices, influencing investor sentiment and sector performance based on consumer spending trends and brand positioning.
Summary - Trendy shoe brands like Hoka, On, and Birkenstock are adopting strategies from the luxury market to enhance their appeal and market positioning.
Why It Matters - Emerging shoe brands adopting luxury strategies may signal a shift in consumer preferences, potentially impacting market dynamics and investment opportunities in the retail sector.
Summary - Birkenstock (BIRK) has been upgraded to a Zacks Rank #2 (Buy), indicating increasing optimism about its earnings prospects.
Why It Matters - Birkenstock's upgrade to a Zacks Rank #2 indicates stronger earnings expectations, potentially driving stock price appreciation and attracting more investor interest.
Summary - Investors in Shoes and Retail Apparel stocks are considering Skechers (SKX) and Birkenstock (BIRK) for value opportunities.
Why It Matters - The comparison between Skechers and Birkenstock highlights potential investment opportunities in the Shoes and Retail Apparel sector, influencing stock selection and portfolio strategies.
Summary - Investors should monitor Birkenstock Holding PLC (BIRK) stock due to recent activity in the options market.
Why It Matters - Increased activity in Birkenstock's options market may signal heightened investor interest or volatility, potentially impacting stock price and trading strategies.
Summary - Birkenstock is expanding in Asia and focusing on sustainability, showing strong financial growth. A DCF analysis suggests the stock is undervalued, indicating a potential 67.1% upside.
Why It Matters - Birkenstock's Asian expansion and focus on sustainability enhance growth prospects. Strong financials and a DCF analysis suggesting 67.1% upside indicate significant investment potential.