Dutch Bros (NYSE:BROS) Stock Gets Price Target Cut from Citigroup

Dutch Bros (NYSE:BROS) had its target price lowered by Citigroup from $86.00 to $69.00 in a research report sent to investors on Wednesday,Benzinga reports. Citigroup currently has a buy rating on the stock.

A number of other research analysts have also issued reports on BROS. Oppenheimer reissued a “positive” rating on shares of Dutch Bros in a research note on Wednesday, September 30th. Jefferies Financial Group decreased their target price on shares of Dutch Bros from $75.00 to $60.00 and set an “overweight” rating for the company in a research report on Tuesday, September 29th. Melius Research dropped their price target on shares of Dutch Bros from $95.00 to $70.00 and set a “buy” rating on the stock in a research note on Friday, September 18th. TD Cowen cut their price target on Dutch Bros from $59.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Wells Fargo & Company reduced their price objective on Dutch Bros from $70.00 to $55.00 and set an “overweight” rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $67.44.

Dutch Bros Stock Performance

Shares of BROS opened at $41.57 on Wednesday. Dutch Bros has a 1 year low of $36.51 and a 1 year high of $74.02. The company has a market cap of $7.26 billion, a price-to-earnings ratio of 59.64, a price-to-earnings-growth ratio of 1.48 and a beta of 2.31. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.19 and a current ratio of 1.35. The firm has a fifty day moving average of $43.17 and a 200-day moving average of $53.93.

Dutch Bros (NYSE:BROS) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.29 by $0.04. The business had revenue of $550.85 million during 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 company’s quarterly revenue was up 32.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.26 earnings per share. As a group, equities analysts anticipate that Dutch Bros will post 0.88 earnings per share for the current year.

Insider Activity

In related news, Chairman Travis Boersma sold 145,687 shares of Dutch Bros stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $44.01, for a total transaction of $6,411,684.87. Following the sale, the chairman directly owned 2,360,091 shares in the company, valued at $103,867,604.91. The trade was a 5.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 50,709 shares of the company’s stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $44.01, for a total transaction of $2,231,703.09. Following the completion of the sale, the insider directly owned 2,360,091 shares of the company’s stock, valued at $103,867,604.91. The trade was a 2.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 38.90% of the company’s stock.

Hedge Funds Weigh In On Dutch Bros

Large investors have recently bought and sold shares of the stock. Ancora Advisors LLC acquired a new stake in shares of Dutch Bros in the 2nd quarter worth approximately $29,000. Brown Lisle Cummings Inc. increased its stake in shares of Dutch Bros by 63.8% during the first quarter. Brown Lisle Cummings Inc. now owns 819 shares of the company’s stock valued at $41,000 after acquiring an additional 319 shares during the period. Archer Investment Corp acquired a new position in shares of Dutch Bros during the second quarter valued at approximately $101,000. GK Wealth Management LLC acquired a new position in shares of Dutch Bros during the third quarter valued at approximately $56,000. Finally, Harbor Investment Advisory LLC raised its holdings in Dutch Bros by 77.1% during the second quarter. Harbor Investment Advisory LLC now owns 2,030 shares of the company’s stock worth $146,000 after purchasing an additional 884 shares in the last quarter. Institutional investors and hedge funds own 85.54% of the company’s stock.

Trending Headlines about Dutch Bros

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

• Positive Sentiment: KeyCorp lowered its price target from $79 to $59 but maintained an “overweight” rating. The new target still implies substantial upside from recent trading levels, indicating that KeyCorp believes the recent selloff may have created an opportunity. KeyCorp Dutch Bros analyst rating
• Positive Sentiment: Dutch Bros continues expanding its drive-thru footprint, including a Peoria, Illinois, opening this weekend and a Wichita Falls, Texas, location planned for 2027. New stores support the company’s long-term revenue-growth strategy. Dutch Bros Coffee coming to Wichita Falls in 2027
• Neutral Sentiment: Dutch Bros locations in Oregon are donating part of Friday’s proceeds to Silver Rail Elementary following a deadly shooting. The initiative may strengthen community goodwill and brand engagement, but it is unlikely to materially affect near-term financial results. Oregon Dutch Bros giveback supports Silver Rail school community
• Negative Sentiment: RBC downgraded BROS from “outperform” to “sector perform” and reduced its price target from $70 to $46, citing the likelihood of heavier competition in 2027. TD Cowen and Citigroup also issued more cautious forecasts, adding to selling pressure. RBC downgrades Dutch Bros
• Negative Sentiment: Chairman Travis Boersma sold approximately $6.4 million of shares, and major shareholder DM Individual Aggregator sold about $2.2 million. Both transactions were made under pre-arranged Rule 10b5-1 plans, reducing their informational significance, but the sales may still weigh on investor sentiment.

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.