Birkenstock Holding plc (BIRK) PT Raised to $75 at BMO Capital

BMO Capital analyst Simeon Siegel raised the price target on Birkenstock Holding plc (NYSE: BIRK) to $75.00 (from $70.00) while maintaining a Outperform rating.

The analyst comments "BIRK continues to post industry-leading growth, with 2Q coupling its consistent strength with a notable DTC & Americas acceleration. Better top-line flowed to GM/EBITDA margin beats and management took CC revenue guidance to the high-end, while raising Adj. EBITDA, despite (or perhaps because of) the uncertain environment, suggesting tough environments present opportunities for strong brands. With industryleading growth, relative tariff insulation (details within), still-meaningful white-space ahead, all coming at strong margins, we reit. Outperform. TP to $75 (~30x FY26 EPS)."

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