Dutch Bros (NYSE:BROS) Stock Price Target Lowered at Citigroup

Posted by Geri Gentry on Oct 21st, 2026

Dutch Bros (NYSE:BROS – Get Free Report) had its price target dropped by equities researchers at Citigroup from $86.00 to $69.00 in a report issued on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s target price would indicate a potential upside of 63.84% from the company’s previous close.

A number of other brokerages have also issued reports on BROS. UBS Group reissued a “neutral” rating on shares of Dutch Bros in a research report on Thursday, September 10th. Telsey Advisory Group upped their price target on Dutch Bros from $66.00 to $74.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Oppenheimer restated a “positive” rating on shares of Dutch Bros in a research report on Wednesday, September 30th. Weiss Ratings raised Dutch Bros from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Finally, TD Cowen cut their price objective on Dutch Bros from $59.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.20.

View Our Latest Analysis on Dutch Bros

Dutch Bros Trading Down 3.9%

Shares of Dutch Bros stock traded down $1.71 on Wednesday, reaching $42.12. The company had a trading volume of 2,450,081 shares, compared to its average volume of 4,292,854. The firm’s 50 day moving average price is $43.74 and its two-hundred day moving average price is $54.13. The firm has a market cap of $7.36 billion, a PE ratio of 58.50, a PEG ratio of 1.52 and a beta of 2.31. Dutch Bros has a 52-week low of $36.51 and a 52-week high of $74.02. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.19 and a current ratio of 1.35.

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

Insider Transactions at Dutch Bros

In other Dutch Bros news, Director Todd Penegor purchased 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 transaction, 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 38.90% of the stock is currently owned by company insiders.

Institutional Trading of Dutch Bros

A number of large investors have recently modified their holdings of BROS. Crossmark Global Holdings Inc. raised its stake in shares of Dutch Bros by 90.2% in the third quarter. Crossmark Global Holdings Inc. now owns 6,199 shares of the company’s stock valued at $239,000 after acquiring an additional 2,940 shares in the last quarter. Diversify Advisory Services LLC grew its stake in Dutch Bros by 13.8% during the 3rd quarter. Diversify Advisory Services LLC now owns 35,849 shares of the company’s stock worth $1,473,000 after purchasing an additional 4,337 shares in the last quarter. Hyperion Asset Management Ltd grew its stake in Dutch Bros by 104.4% during the 3rd quarter. Hyperion Asset Management Ltd now owns 1,222,532 shares of the company’s stock worth $47,141,000 after purchasing an additional 624,488 shares in the last quarter. Delta Capital Management LLC acquired a new position in Dutch Bros during the 3rd quarter worth $240,000. Finally, Vontobel Holding Ltd. increased its holdings in Dutch Bros by 111.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 8,174 shares of the company’s stock worth $315,000 after purchasing an additional 4,300 shares during the period. Hedge funds and other institutional investors own 85.54% of the company’s stock.

Key Stories Impacting Dutch Bros

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

Positive Sentiment: Wells Fargo lowered its price target from $70 to $55 but maintained an “overweight” rating, implying approximately 30.9% upside from the referenced share price. Wells Fargo lowers Dutch Bros price target
Positive Sentiment: TD Cowen also reduced its target, from $59 to $55, while retaining a “buy” rating and forecasting roughly 30.9% upside. The continued bullish ratings indicate analysts still see long-term value after the recent selloff. TD Cowen lowers Dutch Bros price target
Positive Sentiment: Dutch Bros continues to report same-store sales growth, with growth extending across 13 consecutive quarters. The company plans to open 185 stores this year, supporting its long-term revenue expansion strategy. Dutch Bros same-store sales and store expansion
Positive Sentiment: Recent comparisons with Celsius, CAVA and e.l.f. Beauty highlight Dutch Bros’ differentiated drive-thru model, brand culture, customization and potential for double-digit growth. Dutch Bros compared with other growth stocks
Neutral Sentiment: Coverage ahead of upcoming earnings has renewed focus on whether Dutch Bros can meet its store-opening target and sustain its growth trajectory. Investors may look for additional clarity in the company’s November 4 update. Dutch Bros upcoming earnings
Negative Sentiment: Both Wells Fargo and TD Cowen cut their price targets by $15, signaling reduced near-term expectations even though they remain positive on the stock. The shares’ roughly 58-times earnings valuation continues to make execution and growth expectations important risks. Dutch Bros valuation analysis

About Dutch Bros

(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.