
BIRK Stock Forecast & Price Target
BIRK Analyst Ratings
Bulls say
Birkenstock Holding PLC demonstrated significant financial growth, with total revenue for the quarter increasing by 19.4% year-on-year to reach €361.7 million, surpassing consensus estimates. The company's B2B segment showed remarkable performance, rising 30% year-on-year to €182 million, supported by strong holiday demand. Additionally, the profit before tax margin improved by 330 basis points to 14.1%, indicating enhanced operational efficiency and profitability.
Bears say
Birkenstock Holding PLC experienced a decline in gross margin, which fell 70 basis points year-over-year to 60.3%, indicating potential challenges in maintaining profitability despite outperforming market estimates. Additionally, the higher tax rate, estimated to impact earnings per share (EPS) by €0.01 compared to consensus expectations, further affects the company's financial outlook. The cautious approach taken by management regarding annual guidance, combined with identified risks such as commodity cost volatility, consumer spending fluctuations, and economic uncertainty, underscores concerns about the stability and growth prospects of the company.
This aggregate rating is based on analysts' research of Birkenstock Holding Plc and is not a guaranteed prediction by Public.com or investment advice.
BIRK Analyst Forecast & Price Prediction
Start investing in BIRK
Order type
Buy in
Order amount
Est. shares
0 shares