Dutch Bros (NYSE:BROS) Stock Gets Price Target Reduction from TD Cowen

Dutch Bros (NYSE:BROS) had its target price decreased by TD Cowen from $59.00 to $55.00 in a report published on Wednesday morning,Benzinga reports. TD Cowen currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on BROS. Melius Research lowered their price target on shares of Dutch Bros from $95.00 to $70.00 and set a “buy” rating for the company in a research report on Friday, September 18th. Robert W. Baird dropped their price objective on shares of Dutch Bros from $82.00 to $60.00 and set an “outperform” rating on the stock in a research note on Friday, October 2nd. Seaport Research Partners began coverage on shares of Dutch Bros in a research note on Wednesday, September 16th. They set a “buy” rating and a $50.00 price objective on the stock. Weiss Ratings raised shares of Dutch Bros from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Finally, UBS Group reissued a “neutral” rating on shares of Dutch Bros in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.44.

Dutch Bros Stock Performance

BROS stock 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 business has a 50-day moving average price of $43.17 and a 200 day moving average price of $53.93. The company has a market capitalization of $7.26 billion, a P/E ratio of 59.64, a PEG ratio of 1.48 and a beta of 2.31. 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 issued its earnings results on Wednesday, August 5th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.04. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The company had revenue of $550.85 million for the quarter, compared to analysts’ expectations of $525.38 million. During the same period in the prior year, the business earned $0.26 EPS. The firm’s quarterly revenue was up 32.5% on a year-over-year basis. As a group, equities research analysts forecast that Dutch Bros will post 0.88 EPS for the current fiscal year.

Insider Activity at Dutch Bros

In other news, Director Todd Penegor bought 2,000 shares of Dutch Bros stock in a transaction on Thursday, August 13th. The stock was acquired at an average cost of $51.56 per share, for a total transaction of $103,120.00. Following the completion of the acquisition, the director owned 7,358 shares of the company’s stock, valued at $379,378.48. This trade represents a 37.33% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Travis Boersma sold 145,687 shares of the 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 of the company’s stock, valued at approximately $103,867,604.91. The trade was a 5.81% decrease in their ownership of the stock. 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. 38.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Wellington Management Group LLP lifted its position in Dutch Bros by 38.0% during the second quarter. Wellington Management Group LLP now owns 3,090,882 shares of the company’s stock valued at $221,956,000 after acquiring an additional 851,075 shares during the last quarter. Bank of America Corp DE boosted its stake in Dutch Bros by 33.4% in the first quarter. Bank of America Corp DE now owns 1,814,815 shares of the company’s stock valued at $91,939,000 after acquiring an additional 454,036 shares in the last quarter. Wasatch Advisors LP boosted its stake in Dutch Bros by 17.8% in the second quarter. Wasatch Advisors LP now owns 1,038,903 shares of the company’s stock valued at $74,604,000 after acquiring an additional 157,098 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Dutch Bros by 3.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,204,326 shares of the company’s stock worth $60,994,000 after purchasing an additional 37,683 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Dutch Bros by 58.1% in the first quarter. Bank of New York Mellon Corp now owns 1,044,545 shares of the company’s stock worth $52,917,000 after purchasing an additional 384,011 shares during the last quarter. Hedge funds and other institutional investors own 85.54% of the company’s stock.

Key Dutch Bros News

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.