Dutch Bros (NYSE:BROS) Given New $54.00 Price Target at Oppenheimer

Dutch Bros (NYSE:BROS) had its target price decreased by Oppenheimer from $66.00 to $54.00 in a report issued on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Oppenheimer‘s price objective indicates a potential upside of 57.34% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Stephens dropped their price target on shares of Dutch Bros from $65.00 to $47.00 and set an “overweight” rating on the stock in a research note on Thursday. Robert W. Baird reduced their price objective on Dutch Bros from $82.00 to $60.00 and set an “outperform” rating for the company in a research report on Friday, October 2nd. Wells Fargo & Company reduced their price objective on Dutch Bros from $55.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday. JPMorgan Chase & Co. lowered their target price on Dutch Bros from $75.00 to $60.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 29th. Finally, Telsey Advisory Group set a $56.00 target price on Dutch Bros in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $62.33.

Dutch Bros Stock Down 22.0%

Dutch Bros stock traded down $9.67 during trading hours on Thursday, hitting $34.32. The company had a trading volume of 7,762,862 shares, compared to its average volume of 4,342,934. The firm has a market capitalization of $6.00 billion, a P/E ratio of 47.71, a price-to-earnings-growth ratio of 1.36 and a beta of 1.97. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.35 and a quick ratio of 1.19. The firm’s fifty day moving average is $42.11 and its 200-day moving average is $53.16. Dutch Bros has a fifty-two week low of $34.12 and a fifty-two week high of $74.02.

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

Insider Buying and Selling

In other Dutch Bros news, Chairman Travis Boersma sold 1,032,216 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $44.73, for a total value of $46,171,021.68. Following the completion of the sale, the chairman directly owned 1,366,580 shares of the company’s stock, valued at $61,127,123.40. The trade was a 43.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Dm Individual Aggregator, Llc sold 359,284 shares of the stock in a transaction on 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 transaction, the insider owned 1,366,580 shares in the company, valued at approximately $61,127,123.40. This trade represents a 20.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 4,044,220 shares of company stock valued at $179,732,644 over the last quarter. Corporate insiders own 38.90% of the company’s stock.

Institutional Investors Weigh In On Dutch Bros

Institutional investors and hedge funds have recently modified their holdings of the business. Lido Advisors LLC bought a new stake in Dutch Bros in the third quarter worth $803,000. D.B. Root & Company LLC raised its holdings in Dutch Bros by 43.7% during the third quarter. D.B. Root & Company LLC now owns 12,053 shares of the company’s stock valued at $465,000 after buying an additional 3,666 shares in the last quarter. New York Life Investment Management LLC bought a new position in Dutch Bros during the third quarter valued at about $751,000. AlphaCore Capital LLC lifted its position in shares of Dutch Bros by 48.1% in the third quarter. AlphaCore Capital LLC now owns 16,419 shares of the company’s stock worth $633,000 after buying an additional 5,331 shares during the last quarter. Finally, Retirement Systems of Alabama lifted its position in shares of Dutch Bros by 1.3% in the third quarter. Retirement Systems of Alabama now owns 133,742 shares of the company’s stock worth $5,157,000 after buying an additional 1,777 shares during the last quarter. Institutional investors and hedge funds own 85.54% of the company’s stock.

Key Stories Impacting Dutch Bros

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

• Positive Sentiment: Third-quarter adjusted earnings of $0.25 per share topped the $0.24 consensus, while revenue of $549.8 million slightly exceeded estimates and grew 29.8% year over year. Dutch Bros Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Dutch Bros is planning roughly 250 system shop openings in 2027 and expects at least $2.1 billion in 2026 revenue. Reports also cite plans to add hot food and delivery in 2027, which could broaden sales opportunities. Revenue outlook and planned shop openings
• Neutral Sentiment: KeyCorp, Stephens and TD Cowen lowered their price targets to $52, $47 and $50, respectively, but maintained Overweight or Buy ratings. The lower targets signal more cautious expectations, while the firms still see potential upside. Analysts cut forecasts after Q3 results
• Negative Sentiment: Slowing Q3 traffic and a narrowed full-year sales outlook that was reported below Wall Street expectations appear to have outweighed the earnings beat, prompting a negative market reaction. Q3 traffic slows and outlook falls below expectations
• Negative Sentiment: Chairman Travis Boersma and affiliated major shareholder DM Individual Aggregator reported substantial share sales. The trades were made under pre-arranged Rule 10b5-1 plans, but the sales may still weigh on investor sentiment. Dutch Bros major shareholder share sale

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.