Black Rock Coffee Bar (NASDAQ:BRCB) Rating Increased to Hold at Piper Sandler

Posted by on Jun 9th, 2026

Piper Sandler upgraded shares of Black Rock Coffee Bar (NASDAQ:BRCB – Free Report) to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

A number of other analysts have also issued reports on BRCB. Raymond James Financial reduced their target price on Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. DA Davidson reduced 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. Weiss Ratings restated a “sell (e)” rating on shares of Black Rock Coffee Bar in a report on Friday, May 29th. Morgan Stanley reduced their target price on Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. Finally, Stifel Nicolaus lowered their price target on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Black Rock Coffee Bar has a consensus rating of “Hold” and a consensus price target of $16.80.

Check Out Our Latest Report on BRCB

Black Rock Coffee Bar Price Performance

BRCB opened at $6.19 on Monday. The stock has a fifty day moving average of $10.82 and a 200-day moving average of $15.83. The firm has a market capitalization of $309.87 million and a P/E ratio of 619.00. Black Rock Coffee Bar has a 12-month low of $6.11 and a 12-month high of $30.40. The company has a quick ratio of 0.77, a current ratio of 0.87 and a debt-to-equity ratio of 0.25.

Black Rock Coffee Bar (NASDAQ:BRCB – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The firm had revenue of $55.45 million during the quarter. Equities analysts forecast that Black Rock Coffee Bar will post 0.21 EPS for the current fiscal year.

Insider Activity

In related news, insider Michael Ryan Schmidt purchased 7,100 shares of the stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of $6.98 per share, for a total transaction of $49,558.00. Following the acquisition, the insider directly owned 7,100 shares in the company, valued at approximately $49,558. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Clay Howard Geyer purchased 45,080 shares of the stock in a transaction dated Thursday, May 21st. The shares were bought at an average price of $6.51 per share, for a total transaction of $293,470.80. Following the completion of the acquisition, the chief operating officer owned 57,580 shares in the company, valued at $374,845.80. This represents a 360.64% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 13,698,923 shares of company stock worth $73,357,952 in the last ninety days. Corporate insiders own 32.04% of the company’s stock.

Hedge Funds Weigh In On Black Rock Coffee Bar

Several institutional investors and hedge funds have recently modified their holdings of BRCB. Russell Investments Group Ltd. acquired a new stake in shares of Black Rock Coffee Bar in the 4th quarter valued at $29,000. Franklin Resources Inc. acquired a new stake in shares of Black Rock Coffee Bar in the 3rd quarter valued at $36,000. Roxbury Financial LLC acquired a new stake in shares of Black Rock Coffee Bar in the 4th quarter valued at $39,000. FNY Investment Advisers LLC acquired a new stake in shares of Black Rock Coffee Bar in the 3rd quarter valued at $50,000. Finally, Bank of America Corp DE lifted its stake in shares of Black Rock Coffee Bar by 1.9% in the 1st quarter. Bank of America Corp DE now owns 143,896 shares of the company’s stock valued at $1,859,000 after purchasing an additional 2,631 shares during the last quarter.

About Black Rock Coffee Bar

(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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Analyst Recommendations for Black Rock Coffee Bar (NASDAQ:BRCB)

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