On May 19, 2025, Evercore ISI Group analyst Michael Binetti announced an update regarding the stock of Birkenstock Holding (BIRK, Financial). The firm has maintained its 'Outperform' rating for the stock. This rating suggests that Binetti expects BIRK to perform better than the overall market.
In addition to maintaining the rating, Evercore ISI Group has raised the price target for Birkenstock Holding (BIRK, Financial) from $65.00 USD to $70.00 USD. This increase in the price target represents a change of 7.69% from the previous target, reflecting a positive outlook on the company’s potential performance.
Investors and stakeholders in Birkenstock Holding (BIRK, Financial) might find this update significant as it indicates Evercore ISI Group's continued confidence in the stock’s future performance. The 'Outperform' rating and the increased price target could be factors in BIRK's market movement.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Birkenstock Holding PLC (BIRK, Financial) is $70.99 with a high estimate of $82.28 and a low estimate of $57.55. The average target implies an upside of 25.23% from the current price of $56.69. More detailed estimate data can be found on the Birkenstock Holding PLC (BIRK) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Birkenstock Holding PLC's (BIRK, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
