UBS Lifts Birkenstock (BIRK) PT to $77 Amid FQ3 Revenue, Global Growth

Birkenstock Holding (NYSE:BIRK) is one of the best IPO stocks to buy according to Wall Street analysts. On August 5, UBS analyst Jay Sole raised the firm’s price target on Birkenstock to $77 from $76, while keeping a Buy rating on the shares. This sentiment came before the company announced its FQ3 2025 earnings report.

Birkenstock Holding achieved a 16% revenue growth in constant currency in FQ3, while reported revenue growth was 12%. This double-digit growth was seen across all segments and channels, with the Americas, EMEA, and APAC regions growing by 16%, 13%, and 24% respectively, in constant currency. The company’s B2B channel was a key driver, outpacing D2C with an 18% constant currency revenue growth. The total revenue for the quarter was $739.62 million.

The company successfully implemented price increases without any negative market response. Birkenstock is also expanding its retail presence, having added 13 new stores and aiming to have around 100 stores by the end of the fiscal year 2025.

Birkenstock Holding (NYSE:BIRK) engages in the manufacture and sale of footwear products. It also offers sandals, shoes, closed-toe silhouettes, skincare products, and accessories.

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Disclosure: None. This article is originally published at Insider Monkey.