Robert W. Baird Issues Positive Forecast for Black Rock Coffee Bar (NASDAQ:BRCB) Stock Price

Black Rock Coffee Bar (NASDAQ:BRCB) had its target price upped by Robert W. Baird from $8.00 to $10.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock.

Several other equities analysts have also recently issued reports on BRCB. Morgan Stanley cut shares of Black Rock Coffee Bar from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $22.00 to $9.00 in a research report on Wednesday, July 15th. Raymond James Financial set a $13.00 price objective on shares of Black Rock Coffee Bar in a report on Wednesday, August 12th. Stifel Nicolaus began coverage on Black Rock Coffee Bar in a research report on Monday. They set a “hold” rating and a $12.00 price objective on the stock. Zacks Research downgraded Black Rock Coffee Bar from a “hold” rating to a “strong sell” rating in a report on Thursday, October 15th. Finally, Weiss Ratings upgraded Black Rock Coffee Bar from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, October 2nd. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Black Rock Coffee Bar currently has a consensus rating of “Hold” and a consensus target price of $11.00.

Black Rock Coffee Bar Price Performance

Shares of Black Rock Coffee Bar stock opened at $8.76 on Wednesday. The business has a 50 day moving average of $8.52 and a 200 day moving average of $10.32. Black Rock Coffee Bar has a 52 week low of $6.11 and a 52 week high of $25.19. The company has a market cap of $438.61 million, a PE ratio of 51.53 and a beta of -0.92. The company has a quick ratio of 0.62, a current ratio of 0.71 and a debt-to-equity ratio of 0.27.

Black Rock Coffee Bar (NASDAQ:BRCB) last released its quarterly earnings results on Tuesday, November 10th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.03). Black Rock Coffee Bar had a net margin of 1.58% and a return on equity of 3.53%. The company had revenue of $66.75 million during the quarter. As a group, equities research analysts forecast that Black Rock Coffee Bar will post 0.23 earnings per share for the current year.

Institutional Trading of Black Rock Coffee Bar

Several institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in shares of Black Rock Coffee Bar by 1.9% in the first quarter. Bank of America Corp DE now owns 143,896 shares of the company’s stock worth $1,859,000 after purchasing an additional 2,631 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Black Rock Coffee Bar by 106.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,219 shares of the company’s stock worth $106,000 after buying an additional 4,243 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new position in Black Rock Coffee Bar in the 2nd quarter worth about $166,000. Sei Investments Co. raised its position in Black Rock Coffee Bar by 58.2% in the 1st quarter. Sei Investments Co. now owns 62,607 shares of the company’s stock worth $809,000 after buying an additional 23,040 shares during the last quarter. Finally, Alkeme Wealth LLC bought a new position in Black Rock Coffee Bar during the 3rd quarter valued at about $214,000.

Key Stories Impacting Black Rock Coffee Bar

Here are a few of the latest stories about BRCB:

• Positive Sentiment: Management expects Q4 adjusted EBITDA growth of more than 30% and raised its 2026 new-store opening target from 38 to 40, signaling confidence in growth and operating performance. Article: Black Rock Coffee Bar expects more than 30% Q4 adjusted EBITDA growth while raising 2026 openings to 40
• Neutral Sentiment: Full-year 2026 revenue guidance of $255 million–$257 million is broadly in line with the $255.4 million consensus estimate. Baird raised its target to $10 but kept a Neutral rating. Article: Robert W. Baird raises Black Rock Coffee Bar price target
• Negative Sentiment: Quarterly EPS of $0.05 fell short of the $0.08 consensus, while revenue also missed estimates. The company reported only $1.5 million in net income; operating cash flow of $9.9 million was below $16.6 million of capital spending, highlighting the investment demands of expansion. Article: Black Rock Coffee Bar lags Q3 earnings and revenue estimates

Black Rock Coffee Bar Company Profile

Black Rock Coffee Bar is a specialty coffee company that operates cafés focused on handcrafted beverages and customer service. The company was founded in 2008 in Beaverton, Oregon. Its menu includes coffee and espresso drinks, teas, blended beverages, energy drinks and food items. Many locations offer drive-through service, alongside in-store ordering. Black Rock Coffee Bar serves customers across several western and southwestern U.S. states, including Oregon, Arizona, Washington, Colorado and Texas.