BIRK Stock Forecast & Price Target

Birkenstock Holding is projected to achieve fourth fiscal quarter sales of at least €520 million, reflecting a robust year-over-year growth of over 14% in reported terms and 18% in constant currency. The company anticipates full-year revenues for FY25 to reach at least €2.09 billion, representing a notable increase of 15.9% year-over-year on a reported basis, and exceeding previous guidance for revenue growth. Additionally, adjusted EBITDA is expected to rise to €665 million for FY25, highlighting strong operational performance and continued financial strength.

Birkenstock Holding faces significant risks that could adversely affect its financial performance, including volatility in commodity costs and fluctuating consumer spending patterns. Additionally, rising interest rates and deteriorating consumer confidence may undermine sales, particularly given that 52% of revenues derive from the Americas, where economic conditions may become increasingly challenging. The brand's reliance on a limited number of iconic models for a substantial portion of its sales further highlights its vulnerability to shifts in consumer preferences and economic stability.