11 Hot New Stocks to Invest in Now

Page 6 of 10

5. Birkenstock Holding plc (NYSE:BIRK)

Number of Hedge Fund Holders: 43

Analyst Upside Potential: 51.20%

Birkenstock Holding plc (NYSE:BIRK) is one of the 11 Hot New Stocks to Invest in Now. On June 26, Matthew Boss from J.P. Morgan maintained the Buy rating on Birkenstock Holding plc (NYSE:BIRK) with a price target of $81.

Analyst Boss acknowledged the near-term challenges, including foreign exchange headwinds that affect reported revenue and EBITDA margins. However, he highlighted Birkenstock Holding plc (NYSE:BIRK)’s strong brand heritage and loyal customer base as major strengths. He also noted the company’s strategic distribution approach and expanded production capacity, which are anticipated to drive mid-to-high-teens revenue growth.

In addition, Boss mentioned that the company’s adjusted EBITDA margins are forecasted to remain stable and notably higher than those of global footwear peers. Financially speaking, the analyst finds Birkenstock Holding plc (NYSE:BIRK) showing improvement in interest coverage and a decreasing net debt-to-equity ratio, indicating a solid financial position. He noted maintaining this price target of $81 for December 2025, which is based on an 18x multiple of the estimated 2026 EBITDA, consistent with regression analysis and growth retail averages.

Birkenstock Holding plc (NYSE:BIRK) is an international footwear company known for its anatomically shaped footbed-based products. The company designs and manufactures unisex shoes with a proprietary footbed that supports natural foot anatomy.

Page 6 of 10