Black Rock Coffee Bar (NASDAQ:BRCB) Insider Michael Ryan Schmidt Buys 7,100 Shares

Black Rock Coffee Bar, Inc. (NASDAQ:BRCBGet Free Report) insider Michael Ryan Schmidt bought 7,100 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average price of $6.98 per share, with a total value of $49,558.00. Following the completion of the acquisition, the insider owned 7,100 shares of the company’s stock, valued at $49,558. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Black Rock Coffee Bar Stock Performance

Shares of BRCB stock opened at $6.58 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.77 and a current ratio of 0.87. The firm has a market capitalization of $329.37 million and a price-to-earnings ratio of 658.00. Black Rock Coffee Bar, Inc. has a one year low of $6.13 and a one year high of $30.40. The company has a 50 day moving average price of $12.83 and a 200 day moving average price of $17.18.

Black Rock Coffee Bar (NASDAQ:BRCBGet Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The business had revenue of $55.45 million for the quarter. Sell-side analysts anticipate that Black Rock Coffee Bar, Inc. will post 0.26 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have issued reports on BRCB. Raymond James Financial lowered their price target on Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, April 21st. Stifel Nicolaus reduced their price objective on 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. DA Davidson decreased their target price on Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Finally, Morgan Stanley dropped their target price on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $18.75.

Get Our Latest Stock Analysis on Black Rock Coffee Bar

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Emerald Mutual Fund Advisers Trust purchased a new stake in shares of Black Rock Coffee Bar in the third quarter worth about $4,023,000. Federated Hermes Inc. purchased a new stake in shares of Black Rock Coffee Bar during the 3rd quarter valued at about $2,982,000. WCM Investment Management LLC purchased a new stake in shares of Black Rock Coffee Bar during the 3rd quarter valued at about $7,422,000. JPMorgan Chase & Co. acquired a new position in Black Rock Coffee Bar during the 3rd quarter worth approximately $737,000. Finally, Vanguard Group Inc. purchased a new position in Black Rock Coffee Bar in the 3rd quarter worth approximately $2,028,000.

Black Rock Coffee Bar Company Profile

(Get Free Report)

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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