Black Rock Coffee Bar, Inc. (NASDAQ:BRCB – Get Free Report) CMO Jessica Michele Wegener-Beyer purchased 3,098 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average cost of $6.46 per share, for a total transaction of $20,013.08. Following the acquisition, the chief marketing officer owned 3,098 shares of the company’s stock, valued at approximately $20,013.08. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Black Rock Coffee Bar Stock Performance
BRCB traded up $0.21 on Thursday, hitting $6.58. 802,313 shares of the company traded hands, compared to its average volume of 554,557. The company has a 50 day moving average of $12.83 and a 200-day moving average of $17.18. The company has a quick ratio of 0.77, a current ratio of 0.87 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $329.39 million and a PE ratio of -658.00. Black Rock Coffee Bar, Inc. has a 12-month low of $6.13 and a 12-month high of $30.40.
Black Rock Coffee Bar (NASDAQ:BRCB – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). The business had revenue of $55.45 million during the quarter. Sell-side analysts anticipate that Black Rock Coffee Bar, Inc. will post 0.26 earnings per share for the current year.
Hedge Funds Weigh In On Black Rock Coffee Bar
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on BRCB shares. DA Davidson dropped their price objective on shares of Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Raymond James Financial dropped their price objective on shares of Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 21st. Morgan Stanley dropped their price objective on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 21st. Finally, Stifel Nicolaus dropped their price objective on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.75.
Check Out Our Latest Report on Black Rock Coffee Bar
About Black Rock Coffee Bar
Our Mission: To Fuel People Forward – One Connection, One Moment, One Cup at a Time We are a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. Black Rock Coffee Bar was founded in 2008 in Beaverton, Oregon, by our co-founders Daniel Brand and Jeff Hernandez. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with 158 locations spanning seven states as of June 30, 2025, from the Pacific Northwest to Texas.
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