Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) have received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $18.75.

A number of research firms have commented on BRCB. Morgan Stanley cut their price objective on shares of 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. DA Davidson cut their price target on shares of 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. Raymond James Financial cut their price target on shares of 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. Finally, Stifel Nicolaus cut their price target on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, May 13th.

Black Rock Coffee Bar Stock Down 3.3%

BRCB stock opened at $6.68 on Wednesday. The company has a market cap of $334.40 million and a price-to-earnings ratio of -668.00. The company has a current ratio of 0.87, a quick ratio of 0.77 and a debt-to-equity ratio of 0.25. Black Rock Coffee Bar has a 12 month low of $6.64 and a 12 month high of $30.40. The firm has a 50-day moving average of $13.21 and a two-hundred day moving average of $17.45.

Black Rock Coffee Bar (NASDAQ:BRCB) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The business had revenue of $55.45 million for the quarter. As a group, analysts forecast that Black Rock Coffee Bar will post 0.26 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Cynosure Group, Llc purchased 13,642,712 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $5.35 per share, for a total transaction of $72,988,509.20. Following the acquisition, the director directly owned 19,915,304 shares of the company’s stock, valued at approximately $106,546,876.40. This represents a 217.50% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 32.04% of the stock is owned by corporate insiders.

Institutional Trading of Black Rock Coffee Bar

Hedge funds and other institutional investors have recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new stake in shares of Black Rock Coffee Bar during the 4th quarter worth approximately $29,000. Franklin Resources Inc. acquired a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth approximately $36,000. Roxbury Financial LLC acquired a new stake in shares of Black Rock Coffee Bar during the 4th quarter worth approximately $39,000. FNY Investment Advisers LLC acquired a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth approximately $50,000. Finally, Strs Ohio acquired a new stake in shares of Black Rock Coffee Bar during the 4th quarter worth approximately $65,000.

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.