Dutch Bros (NYSE:BROS – Get Free Report) had its price target decreased by investment analysts at Oppenheimer from $66.00 to $54.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer‘s price target would indicate a potential upside of 57.34% from the stock’s previous close.
Other equities analysts have also recently issued reports about the company. TD Cowen decreased their target price on Dutch Bros from $55.00 to $50.00 and set a “buy” rating on the stock in a report on Thursday. Jefferies Financial Group cut their target price on Dutch Bros from $75.00 to $60.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 29th. Telsey Advisory Group set a $56.00 target price on Dutch Bros in a report on Thursday. Mizuho set a $55.00 price target on Dutch Bros in a research report on Thursday. Finally, Seaport Research Partners started coverage on Dutch Bros in a research note on Wednesday, September 16th. They issued a “buy” rating and a $50.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Dutch Bros presently has a consensus rating of “Moderate Buy” and an average target price of $62.33.
View Our Latest Stock Analysis on BROS
Dutch Bros Price Performance
NYSE:BROS traded down $9.67 during trading hours on Thursday, reaching $34.32. 7,762,862 shares of the company’s stock were exchanged, compared to its average volume of 4,342,934. The company has a market capitalization of $6.00 billion, a P/E ratio of 47.71, a price-to-earnings-growth ratio of 1.36 and a beta of 1.97. Dutch Bros has a 12 month low of $34.12 and a 12 month high of $74.02. The company has a quick ratio of 1.19, a current ratio of 1.35 and a debt-to-equity ratio of 0.20. The business’s 50-day simple moving average is $42.11 and its two-hundred day simple moving average is $53.16.
Dutch Bros (NYSE:BROS – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.01. The firm had revenue of $549.84 million for the quarter, compared to analyst estimates of $548.27 million. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The firm’s quarterly revenue was up 29.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.19 earnings per share. Sell-side analysts expect that Dutch Bros will post 0.88 EPS for the current fiscal year.
Insider Activity at Dutch Bros
In related news, major shareholder Dm Individual Aggregator, Llc sold 359,284 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $44.73, for a total value of $16,070,773.32. Following the completion of the transaction, the insider owned 1,366,580 shares of the company’s stock, valued at approximately $61,127,123.40. This trade represents a 20.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Travis Boersma sold 1,032,216 shares of Dutch Bros stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $44.73, for a total transaction of $46,171,021.68. Following the transaction, the chairman owned 1,366,580 shares in the company, valued at approximately $61,127,123.40. The trade was a 43.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 4,044,220 shares of company stock valued at $179,732,644. 38.90% of the stock is owned by insiders.
Institutional Trading of Dutch Bros
Several hedge funds and other institutional investors have recently modified their holdings of the business. Wellington Management Group LLP grew 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 valued at $221,956,000 after buying an additional 851,075 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new position in Dutch Bros during the first quarter valued at $33,569,000. Hyperion Asset Management Ltd lifted its stake in Dutch Bros by 104.4% in the 3rd quarter. Hyperion Asset Management Ltd now owns 1,222,532 shares of the company’s stock worth $47,141,000 after acquiring an additional 624,488 shares in the last quarter. Bank of America Corp DE lifted its stake in Dutch Bros by 33.4% in the 1st quarter. Bank of America Corp DE now owns 1,814,815 shares of the company’s stock worth $91,939,000 after acquiring an additional 454,036 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Dutch Bros by 58.1% during the 1st quarter. Bank of New York Mellon Corp now owns 1,044,545 shares of the company’s stock worth $52,917,000 after acquiring an additional 384,011 shares during the period. Institutional investors and hedge funds own 85.54% of the company’s stock.
Dutch Bros News Summary
Here are the key news stories impacting Dutch Bros this week:
- Positive Sentiment: Third-quarter adjusted earnings of $0.25 per share topped the $0.24 consensus, while revenue of $549.8 million slightly exceeded estimates and grew 29.8% year over year. Dutch Bros Q3 Earnings and Revenues Top Estimates
- Positive Sentiment: Dutch Bros is planning roughly 250 system shop openings in 2027 and expects at least $2.1 billion in 2026 revenue. Reports also cite plans to add hot food and delivery in 2027, which could broaden sales opportunities. Revenue outlook and planned shop openings
- Neutral Sentiment: KeyCorp, Stephens and TD Cowen lowered their price targets to $52, $47 and $50, respectively, but maintained Overweight or Buy ratings. The lower targets signal more cautious expectations, while the firms still see potential upside. Analysts cut forecasts after Q3 results
- Negative Sentiment: Slowing Q3 traffic and a narrowed full-year sales outlook that was reported below Wall Street expectations appear to have outweighed the earnings beat, prompting a negative market reaction. Q3 traffic slows and outlook falls below expectations
- Negative Sentiment: Chairman Travis Boersma and affiliated major shareholder DM Individual Aggregator reported substantial share sales. The trades were made under pre-arranged Rule 10b5-1 plans, but the sales may still weigh on investor sentiment. Dutch Bros major shareholder share sale
Dutch Bros Company Profile
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.
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