Birkenstock Demand Seen Rebounding -- Market Talk

Dow Jones04-14

1011 ET - Birkenstock is showing signs of picking up this spring, says Seaport analyst Mitch Kummetz, upgrading the stock to buy from neutral with a $52 price target. "We believe that Birkenstock demand trends have improved for spring, and we're now less concerned about the fall 2026 setup," the analyst says in a report about the footwear company known for its iconic cork-soled sandals. Prior to the upgrade, the analyst says trends were showing signs of softness around the holiday period, and there were some doubts about whether the demand would pick up for spring and summer. But those concerns didn't materialize. Going into F2Q results, Kummetz thinks the company has the ability to achieve or even exceed its own guidance. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

April 14, 2026 10:11 ET (14:11 GMT)

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Prior to the upgrade, the analyst says trends were showing signs of softness around the holiday period, and there were some doubts about whether the demand would pick up for spring and summer. But those concerns didn't materialize. Going into F2Q results, Kummetz thinks the company has the ability to achieve or even exceed its own guidance. 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Prior to the upgrade, the analyst says trends were showing signs of softness around the holiday period, and there were some doubts about whether the demand would pick up for spring and summer. But those concerns didn't materialize. Going into F2Q results, Kummetz thinks the company has the ability to achieve or even exceed its own guidance. 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