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

Dutch Bros (NYSE:BROS) had its price objective lowered by investment analysts at KeyCorp from $59.00 to $52.00 in a research report issued on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the stock. KeyCorp‘s price target suggests a potential upside of 42.75% from the stock’s current price.

Other analysts have also issued reports about the stock. Seaport Research Partners started coverage on shares of Dutch Bros in a research note on Wednesday, September 16th. They set a “buy” rating and a $50.00 target price on the stock. TD Cowen decreased their price target on shares of Dutch Bros from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday. Royal Bank Of Canada downgraded shares of Dutch Bros from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $70.00 to $46.00 in a research note on Thursday, October 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Dutch Bros from $75.00 to $60.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 29th. Finally, Stephens dropped their price objective on shares of Dutch Bros from $65.00 to $47.00 and set an “overweight” rating on the stock in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $63.46.

Dutch Bros Stock Down 17.2%

NYSE BROS traded down $7.56 during trading hours on Thursday, hitting $36.43. 2,471,094 shares of the company were exchanged, compared to its average volume of 4,311,723. The company has a 50 day moving average of $42.11 and a two-hundred day moving average of $53.16. The company has a quick ratio of 1.19, a current ratio of 1.35 and a debt-to-equity ratio of 0.20. Dutch Bros has a 52-week low of $36.06 and a 52-week high of $74.02. The firm has a market cap of $6.36 billion, a price-to-earnings ratio of 50.46, a PEG ratio of 1.36 and a beta of 1.97.

Dutch Bros (NYSE:BROS) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The company had revenue of $549.84 million for the quarter, compared to analyst estimates of $548.27 million. Dutch Bros had a return on equity of 10.01% and a net margin of 4.91%. Dutch Bros’s revenue for the quarter was up 29.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.19 EPS. Equities research analysts anticipate that Dutch Bros will post 0.88 earnings per share for the current year.

Insider Activity

In other news, major shareholder Dm Individual Aggregator, Llc sold 359,284 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $44.73, for a total transaction of $16,070,773.32. Following the sale, the insider owned 1,366,580 shares of the company’s stock, valued at approximately $61,127,123.40. This trade represents a 20.82% decrease in their position. The sale 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, Chairman Travis Boersma sold 1,032,216 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $44.73, for a total value of $46,171,021.68. Following the sale, the chairman owned 1,366,580 shares of the company’s stock, valued at approximately $61,127,123.40. The trade was a 43.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 4,044,220 shares of company stock valued at $179,732,644. Insiders own 38.90% of the company’s stock.

Hedge Funds Weigh In On Dutch Bros

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ancora Advisors LLC acquired a new stake in Dutch Bros during the second quarter worth approximately $29,000. GK Wealth Management LLC purchased a new stake in shares of Dutch Bros during the 3rd quarter worth approximately $56,000. State of Wyoming purchased a new stake in shares of Dutch Bros during the 3rd quarter worth approximately $66,000. Archer Investment Corp acquired a new position in shares of Dutch Bros in the 2nd quarter valued at $101,000. Finally, Fulcrum Asset Management LLP acquired a new position in shares of Dutch Bros in the 3rd quarter valued at $109,000. 85.54% of the stock is owned by institutional investors and hedge funds.

Dutch Bros News Roundup

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

• Positive Sentiment: Third-quarter adjusted earnings were $0.25 per share, above the $0.24 consensus, while revenue of $549.8 million edged past estimates and grew 29.8% year over year. Dutch Bros Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Dutch Bros is planning about 250 system shop openings in 2027 and expects at least $2.1 billion in 2026 revenue. Reports also point to hot food and delivery plans for 2027, offering potential avenues for growth. Dutch Bros revenue and shop-opening plans
• Neutral Sentiment: Stephens lowered its target from $65 to $47 but kept an Overweight rating; TD Cowen cut its target from $55 to $50 and maintained Buy. Both targets remain above the referenced $43.90 share price. Analysts cut forecasts after Q3 results
• Negative Sentiment: Slowing Q3 traffic and a narrowed sales forecast—reported as below Wall Street expectations—appear to have outweighed the earnings beat and fueled investor concern about near-term growth. Dutch Bros Q3 traffic slows and outlook is trimmed
• Negative Sentiment: Chairman Travis Boersma sold roughly 2.39 million shares for about $106 million across three days. The sales were made under a pre-arranged Rule 10b5-1 plan, but their size may still weigh on sentiment. Dutch Bros insider trades

Dutch Bros Company Profile

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.