Matthew Boss, an analyst from J.P. Morgan, maintained the Buy rating on Birkenstock Holding plc (BIRK – Research Report). The associated price target remains the same with $81.00.
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Matthew Boss’s rating is based on a combination of factors that highlight the potential for Birkenstock Holding plc’s growth. Despite some near-term challenges, such as foreign exchange headwinds impacting reported revenue and EBITDA margins, the company’s strong brand heritage and loyal customer base are significant strengths. Birkenstock’s strategic approach to distribution and its expanded production capacity are expected to support mid-to-high-teens revenue growth, with stable adjusted EBITDA margins that are notably higher than those of global footwear peers.
Furthermore, the company’s financial metrics, such as improving interest coverage and decreasing net debt to equity ratios, indicate a solid financial position. Boss maintains a price target of $81 for December 2025, which is based on an 18x multiple of the estimated EBITDA for 2026, aligning with regression analysis. These factors collectively contribute to the Buy rating, reflecting confidence in Birkenstock’s ability to deliver sustainable growth and value to investors.
Boss covers the Consumer Cyclical sector, focusing on stocks such as Abercrombie Fitch, Lululemon Athletica, and PVH. According to TipRanks, Boss has an average return of 1.3% and a 46.94% success rate on recommended stocks.
In another report released on June 12, Williams Trading also maintained a Buy rating on the stock with a $73.00 price target.