310,791 Shares in Black Rock Coffee Bar, Inc. $BRCB Purchased by WCM Investment Management LLC

WCM Investment Management LLC bought a new stake in shares of Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 310,791 shares of the company’s stock, valued at approximately $7,422,000. WCM Investment Management LLC owned 0.64% of Black Rock Coffee Bar as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of BRCB. Federated Hermes Inc. bought a new position in Black Rock Coffee Bar during the third quarter valued at $2,982,000. Emerald Mutual Fund Advisers Trust bought a new position in shares of Black Rock Coffee Bar during the 3rd quarter worth $4,023,000. Finally, CenterStar Asset Management LLC purchased a new stake in Black Rock Coffee Bar in the 3rd quarter worth about $209,000.

Black Rock Coffee Bar Price Performance

Shares of NASDAQ:BRCB opened at $14.35 on Wednesday. The firm has a fifty day moving average price of $21.18. The company has a market cap of $718.36 million and a P/E ratio of -287.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.37. Black Rock Coffee Bar, Inc. has a one year low of $13.53 and a one year high of $30.40.

Black Rock Coffee Bar (NASDAQ:BRCB) last issued its quarterly earnings data on Tuesday, November 11th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.19. The business had revenue of $51.47 million during the quarter, compared to analysts’ expectations of $51.03 million.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research report on Monday, December 29th. Raymond James Financial dropped their price target on shares of Black Rock Coffee Bar from $28.00 to $26.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Finally, Zacks Research upgraded shares of Black Rock Coffee Bar to a “hold” rating in a research note on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $26.00.

About Black Rock Coffee Bar

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.