TD Cowen Issues Pessimistic Forecast for Dutch Bros (NYSE:BROS) Stock Price

Dutch Bros (NYSE:BROS) had its target price dropped by analysts at TD Cowen from $55.00 to $50.00 in a report released on Thursday, Marketbeat.com reports. The firm presently has a “buy” rating on the stock. TD Cowen‘s target price would indicate a potential upside of 47.89% from the stock’s previous close.

A number of other research firms have also recently commented on BROS. Oppenheimer restated a “positive” rating on shares of Dutch Bros in a research note on Wednesday, September 30th. UBS Group reduced their price target on Dutch Bros from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday, October 26th. DA Davidson decreased their price objective on Dutch Bros from $85.00 to $60.00 and set a “buy” rating for the company in a report on Monday, September 28th. Raymond James Financial set a $59.00 price objective on Dutch Bros in a research report on Friday, September 18th. Finally, Stephens lowered their price objective on Dutch Bros from $65.00 to $47.00 and set an “overweight” rating for the company in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $61.62.

Dutch Bros Price Performance

Shares of NYSE BROS traded down $0.76 during midday trading on Thursday, hitting $33.81. 6,821,120 shares of the company’s stock were exchanged, compared to its average volume of 4,417,980. Dutch Bros has a 12-month low of $33.17 and a 12-month high of $74.02. The company has a current ratio of 1.35, a quick ratio of 1.19 and a debt-to-equity ratio of 0.20. The company has a market cap of $5.91 billion, a price-to-earnings ratio of 43.35, a PEG ratio of 1.37 and a beta of 1.97. The business’s fifty day moving average price is $41.44 and its two-hundred day moving average price is $52.88.

Dutch Bros (NYSE:BROS) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. The firm 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%. The company’s revenue was up 29.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.19 EPS. As a group, research analysts forecast that Dutch Bros will post 0.88 EPS for the current fiscal year.

Insider Buying and Selling at Dutch Bros

In other Dutch Bros news, major shareholder Dm Individual Aggregator, Llc sold 359,284 shares of the company’s stock in a transaction dated Wednesday, November 4th. The shares were 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 represents a 20.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Travis Boersma sold 1,032,216 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $44.73, for a total transaction of $46,171,021.68. Following the sale, the chairman directly owned 1,366,580 shares in the company, 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. Insiders have sold 4,044,220 shares of company stock valued at $179,732,644 over the last 90 days. Corporate insiders own 38.90% of the company’s stock.

Institutional Trading of Dutch Bros

Large investors have recently made changes to their positions in the stock. Ancora Advisors LLC bought a new position in Dutch Bros during the second quarter valued at approximately $29,000. Archer Investment Corp bought a new stake in Dutch Bros in the 2nd quarter worth approximately $101,000. GK Wealth Management LLC bought a new stake in Dutch Bros in the 3rd quarter worth approximately $56,000. State of Wyoming bought a new stake in Dutch Bros in the 3rd quarter worth approximately $66,000. Finally, Harbor Investment Advisory LLC raised its stake in Dutch Bros by 77.1% during the 2nd quarter. Harbor Investment Advisory LLC now owns 2,030 shares of the company’s stock valued at $146,000 after buying an additional 884 shares during the last quarter. 85.54% of the stock is currently owned by institutional investors.

More Dutch Bros News

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

• Positive Sentiment: Q3 revenue rose about 30% year over year to roughly $550 million, narrowly beating estimates, while earnings of $0.25 per share topped the $0.24 consensus. Dutch Bros Q3 earnings and revenues
• Positive Sentiment: The company plans approximately 250 system shop openings in 2027, supporting its longer-term expansion plans. Dutch Bros: 3 key takeaways
• Positive Sentiment: Citigroup lowered its price target to $64 but maintained a Buy rating; a separate analysis argues BROS may be undervalued after the results. Dutch Bros could be undervalued
• Neutral Sentiment: Dutch Bros unveiled its 2026 holiday menu, a product update that could support customer interest but is not yet shown to materially change the outlook. Dutch Bros unveils 2026 holiday menu
• Negative Sentiment: Investors focused on slowing Q3 traffic and a reduced EBITDA forecast, along with a cautious outlook for sales growth. Those concerns outweighed the quarterly earnings beat and drove a sharp post-results selloff. Shares drop as sales growth slows and EBITDA forecast is reduced
• Negative Sentiment: Several analysts cut price targets after the report, including RBC to $38 and Oppenheimer and BNP Paribas Exane to $54, reflecting a more cautious near-term view. Analysts cut forecasts after Q3 results
• Negative Sentiment: Chairman Travis Boersma and major shareholder DM Individual Aggregator sold substantial shareholdings. The sales were under pre-arranged trading plans, but may still weigh on sentiment. Insider share sales

About Dutch Bros

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.