Analyst Sam Poser from Williams Trading maintained a Buy rating on Birkenstock Holding plc and increased the price target to $75.00 from $73.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Sam Poser has given his Buy rating due to a combination of factors, including Birkenstock Holding plc’s strong financial outlook and strategic growth plans. The company has raised its revenue estimates for the fourth quarter of 2025 to at least €520 million, surpassing previous consensus expectations. Additionally, the full-year 2025 guidance has been increased, demonstrating robust growth projections across all geographies and channels.
Moreover, Birkenstock’s strategic acquisition of a new production facility near Dresden, Germany, positions the company for future expansion. The brand’s popularity continues to rise, with high demand for its products, such as the Boston clog and the newly popular Naples and Lutry clogs. This demand is further amplified by organic celebrity endorsements, which have significantly boosted sales. Overall, Birkenstock’s strong brand positioning and growth trajectory support the Buy rating.
In another report released today, BTIG also maintained a Buy rating on the stock with a $72.00 price target.