Birkenstock (BIRK)

• Market cap: $8.25B
• 1 day: -5.37%
• 5 days: -5.96%
• 1 month: -22.87%
• 3 months: -20.27%
• 6 months: -5.06%
• Year to date: -23.37%
• 1 year: -6.30%
• 5 years: 9.20%
• 10 years: 9.20%
• Sector: Consumer Discretionary
• Industry: Footwear, Except Rubber

About: Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. It sells its products through two main channels: business-to-business (B2B) which comprises sales made to established third-party store networks, and direct-to-consumer (DTC) which comprises sales made on globally owned online stores through the Birkenstock.com domain and sales made in Birkenstock retail stores. The company's reportable segments are based on its regional hubs and include: the Americas which is also its key revenue-generating segment; Europe; and Australia, Japan, India, China, and the United Arab Emirates (APMA).

Employees: 7,400

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

163% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 27

100% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 8 (+4) [Q4]

47% more call options, than puts

Call options by funds: $31.9M | Put options by funds: $21.7M

36% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 53

23% more funds holding

Funds holding: 179 [Q3] → 220 (+41) [Q4]

17% more capital invested

Capital invested by funds: $8.8B [Q3] → $10.3B (+$1.52B) [Q4]

1.92% more ownership

Funds ownership: 95.01% [Q3] → 96.93% (+1.92%) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $66 50% upside
• Avg. target: $75 70% upside
• High target: $95 116% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Telsey Advisory Group Dana Telsey 29% 1-year accuracy 54 / 187 met price target	59% upside $70	Outperform Maintained	21 Feb 2025
UBS Jay Sole 22% 1-year accuracy 13 / 58 met price target	116% upside $95	Buy Maintained	19 Dec 2024
BMO Capital Simeon Siegel 15% 1-year accuracy 3 / 20 met price target	59% upside $70	Outperform Maintained	19 Dec 2024
Baird Mark Altschwager 28% 1-year accuracy 9 / 32 met price target	64% upside $72	Outperform Maintained	19 Dec 2024
Deutsche Bank Krisztina Katai 21% 1-year accuracy 4 / 19 met price target	50% upside $66	Buy Maintained	19 Dec 2024