Royal Bank Of Canada Cuts Dutch Bros (NYSE:BROS) Price Target to $70.00

Dutch Bros (NYSE:BROS) had its price target reduced by Royal Bank Of Canada from $75.00 to $70.00 in a research note released on Thursday,Benzinga reports. They currently have an outperform rating on the stock.

BROS has been the topic of a number of other research reports. Piper Sandler increased their price target on Dutch Bros from $61.00 to $68.00 and gave the company a “neutral” rating in a research note on Monday, June 22nd. DA Davidson decreased their price objective on Dutch Bros from $90.00 to $85.00 and set a “buy” rating for the company in a research note on Thursday. UBS Group reiterated a “buy” rating on shares of Dutch Bros in a report on Tuesday, July 28th. KeyCorp increased their target price on Dutch Bros from $77.00 to $79.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Telsey Advisory Group raised their target price on Dutch Bros from $66.00 to $74.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Dutch Bros presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.15.

Dutch Bros Trading Down 0.7%

Shares of NYSE BROS opened at $52.94 on Thursday. The company’s 50 day simple moving average is $64.91 and its 200 day simple moving average is $57.47. Dutch Bros has a fifty-two week low of $44.58 and a fifty-two week high of $74.65. The firm has a market capitalization of $9.25 billion, a P/E ratio of 73.52, a P/E/G ratio of 1.61 and a beta of 2.32. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.35 and a quick ratio of 1.19.

Dutch Bros (NYSE:BROS) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.04. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The firm had revenue of $550.85 million for the quarter, compared to analysts’ expectations of $525.38 million. During the same period last year, the firm earned $0.26 earnings per share. The business’s revenue for the quarter was up 32.5% on a year-over-year basis. On average, analysts predict that Dutch Bros will post 0.84 EPS for the current year.

Insider Activity at Dutch Bros

In other Dutch Bros news, Chairman Travis Boersma sold 750,000 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $63.02, for a total value of $47,265,000.00. Following the completion of the transaction, the chairman directly owned 2,410,800 shares of the company’s stock, valued at approximately $151,928,616. The trade was a 23.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Dm Individual Aggregator, Llc sold 261,055 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $63.02, for a total value of $16,451,686.10. Following the completion of the sale, the insider owned 2,410,800 shares of the company’s stock, valued at $151,928,616. This trade represents a 9.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,086,245 shares of company stock worth $243,021,771 in the last quarter. Corporate insiders own 38.90% of the company’s stock.

Hedge Funds Weigh In On Dutch Bros

Several institutional investors have recently modified their holdings of BROS. Engineers Gate Manager LP boosted its holdings in shares of Dutch Bros by 59.6% in the fourth quarter. Engineers Gate Manager LP now owns 513,525 shares of the company’s stock valued at $31,438,000 after buying an additional 191,734 shares during the period. M&T Bank Corp raised its holdings in shares of Dutch Bros by 1,559.3% during the fourth quarter. M&T Bank Corp now owns 97,334 shares of the company’s stock worth $5,959,000 after acquiring an additional 91,468 shares during the period. 1492 Capital Management LLC acquired a new stake in shares of Dutch Bros during the fourth quarter worth $1,192,000. Independent Financial Group LLC acquired a new stake in shares of Dutch Bros during the first quarter worth $1,164,000. Finally, Stephens Investment Management Group LLC lifted its position in Dutch Bros by 9.5% in the 1st quarter. Stephens Investment Management Group LLC now owns 333,057 shares of the company’s stock valued at $16,873,000 after acquiring an additional 28,776 shares in the last quarter. Institutional investors own 85.54% of the company’s stock.

Dutch Bros News Roundup

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

• Positive Sentiment: Q2 results exceeded expectations. Dutch Bros reported adjusted earnings of $0.33 per share versus the $0.29 consensus estimate, while revenue increased 32.5% year over year to $550.85 million, topping estimates of $525.39 million. Strong same-store sales, customer traffic and new-store growth supported the beat. Dutch Bros Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised its outlook. Dutch Bros projected 2026 revenue of approximately $2.1 billion to $2.13 billion and highlighted sustained traffic growth, digital initiatives and food offerings that could increase customer visits. The company also continues targeting 2,029 shops by 2029. Dutch Bros 2026 Revenue Outlook
• Positive Sentiment: Analysts remain generally bullish. Stephens reaffirmed its overweight rating with an $80 price target, while Royal Bank of Canada maintained an outperform rating despite reducing its target from $75 to $70. Royal Bank of Canada Price Target
• Neutral Sentiment: Dutch Bros agreed to acquire up to 65 closed Salad and Go locations for $105 million. The sites across four states could accelerate store expansion and provide attractive real estate, but the transaction adds capital requirements and integration and redevelopment risk. Dutch Bros Salad and Go Acquisition
• Negative Sentiment: The market’s reaction suggests expectations were elevated. Even with the earnings beat and higher guidance, investors may be taking profits or questioning whether rapid expansion and the Salad and Go purchase can justify Dutch Bros’ premium valuation. The stock trades at roughly 73.5 times earnings and remains below its 50-day moving average, contributing to near-term selling pressure.

About Dutch Bros

Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.

The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.