Group 1 - Birkenstock (BIRK) shares have increased by 17.3% over the past four weeks, closing at 68.15 indicating a potential upside of 32.4% [1] - The average of 17 short-term price targets ranges from a low of 95, with a standard deviation of $9.66, suggesting a variability in analyst estimates [2] - Analysts have shown a strong agreement in revising earnings estimates higher, which correlates with potential stock price movements [11][12] Group 2 - The Zacks Consensus Estimate for the current year has increased by 1.8% over the past month, with three estimates going higher and no negative revisions [12] - Birkenstock currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [13]
Wall Street Analysts Predict a 32.43% Upside in Birkenstock (BIRK): Here's What You Should Know