Dutch Bros (NYSE:BROS) Stock Price Target Cut by TD Cowen

Posted by Francis Steltz on Oct 21st, 2026

Dutch Bros (NYSE:BROS – Get Free Report) had its price objective decreased by analysts at TD Cowen from $59.00 to $55.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the stock. TD Cowen’s price target points to a potential upside of 25.39% from the stock’s previous close.

Other analysts have also issued reports about the stock. Telsey Advisory Group upped their price objective on shares of Dutch Bros from $66.00 to $74.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. DA Davidson decreased their target price on shares of Dutch Bros from $85.00 to $60.00 and set a “buy” rating for the company in a report on Monday, September 28th. Morgan Stanley dropped their target price on shares of Dutch Bros from $88.00 to $71.00 and set an “overweight” rating on the stock in a research report on Thursday, October 15th. Jefferies Financial Group cut their price target on shares of Dutch Bros from $75.00 to $60.00 and set an “overweight” rating on the stock in a report on Tuesday, September 29th. Finally, Stephens cut their price target on shares of Dutch Bros from $80.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $70.46.

View Our Latest Research Report on Dutch Bros

Dutch Bros Trading Up 2.3%

Shares of NYSE BROS opened at $43.86 on Wednesday. The company has a quick ratio of 1.19, a current ratio of 1.35 and a debt-to-equity ratio of 0.20. Dutch Bros has a 12 month low of $36.51 and a 12 month high of $74.02. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 61.23, a P/E/G ratio of 1.52 and a beta of 2.31. The business has a fifty day simple moving average of $43.74 and a 200-day simple moving average of $54.13.

Dutch Bros (NYSE:BROS – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. The firm had revenue of $550.85 million for the quarter, compared to analysts’ expectations of $525.38 million. Dutch Bros had a return on equity of 10.01% and a net margin of 4.91%. Dutch Bros’s revenue was up 32.5% on a year-over-year basis. During the same quarter last year, the business posted $0.26 EPS. Sell-side analysts predict that Dutch Bros will post 0.88 EPS for the current year.

Insider Activity

In related news, Director Todd Penegor bought 2,000 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was bought at an average price of $51.56 per share, with a total value of $103,120.00. Following the purchase, the director directly owned 7,358 shares of the company’s stock, valued at approximately $379,378.48. This represents a 37.33% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 38.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Dutch Bros

Several institutional investors and hedge funds have recently modified their holdings of BROS. Wellington Management Group LLP raised its holdings in shares of Dutch Bros by 38.0% during the second quarter. Wellington Management Group LLP now owns 3,090,882 shares of the company’s stock worth $221,956,000 after acquiring an additional 851,075 shares in the last quarter. Bank of America Corp DE boosted its position in Dutch Bros by 33.4% during the first quarter. Bank of America Corp DE now owns 1,814,815 shares of the company’s stock valued at $91,939,000 after purchasing an additional 454,036 shares during the last quarter. Hyperion Asset Management Ltd boosted its position in Dutch Bros by 104.4% during the third quarter. Hyperion Asset Management Ltd now owns 1,222,532 shares of the company’s stock valued at $47,141,000 after purchasing an additional 624,488 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Dutch Bros by 3.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,204,326 shares of the company’s stock valued at $60,994,000 after purchasing an additional 37,683 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Dutch Bros by 58.1% in the first quarter. Bank of New York Mellon Corp now owns 1,044,545 shares of the company’s stock valued at $52,917,000 after purchasing an additional 384,011 shares in the last quarter. 85.54% of the stock is currently owned by hedge funds and other institutional investors.

Dutch Bros News Summary

Here are the key news stories impacting Dutch Bros this week:

Positive Sentiment: Dutch Bros has produced same-store sales growth for 13 consecutive quarters and plans to open approximately 185 locations this year. Investors may view the sustained demand and expansion opportunity as support for the company’s long-term growth narrative. Dutch Bros Stock Is Down 33% While Its Same-Store Sales Keep Growing
Positive Sentiment: The recent share-price decline has reduced Dutch Bros’ valuation to roughly 58 times earnings, making the stock more appealing to growth investors than it was at higher prices. The valuation remains elevated, but the improved entry point may be helping support the stock. Dutch Bros Trades at 58 Times Earnings
Positive Sentiment: Plans for additional drive-thru locations in Tacoma and Hoover indicate that Dutch Bros continues to expand its national footprint, emphasizing convenient service and customer experience. Dutch Bros Coffee Tacoma Expansion Plan
Neutral Sentiment: Attention is shifting toward the company’s upcoming earnings report on November 4. Investors will likely focus on same-store sales, new-store openings and whether management remains on track to meet its expansion target. Did Upcoming Earnings Just Shift Dutch Bros Stock Narrative?
Neutral Sentiment: New charity-focused collectible plushies could strengthen customer engagement and brand loyalty, but the products are unlikely to have a material near-term effect on earnings because all profits are being donated. Dutch Bros Collectible Plushies
Negative Sentiment: Despite strong comparable-store sales, investors remain concerned that Dutch Bros may struggle to open all 185 planned stores, potentially making the premium valuation harder to justify. A proposed Hoover drive-thru also faces objections from a rival coffee shop, highlighting possible local approval and competitive hurdles. Dutch Bros Hoover Drive-Thru Proposal

Dutch Bros Company Profile

(Get Free Report)

Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. The company is known for its made-to-order drinks, fast service and community-focused brand.

Its menu includes hot, iced and blended coffee beverages, along with specialty drinks such as energy drinks, teas, lemonades, smoothies and other noncoffee refreshments. Dutch Bros also offers packaged products and branded merchandise through select locations and digital channels.

Dutch Bros was founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma.