Gordon Haskett Initiates Coverage on Dutch Bros (NYSE:BROS)

Gordon Haskett began coverage on shares of Dutch Bros (NYSE:BROS) in a research report issued on Thursday, Zacks reports. The brokerage set a “strong-buy” rating on the stock.

A number of other equities analysts also recently weighed in on the stock. Royal Bank Of Canada set a $50.00 target price on shares of Dutch Bros in a research note on Thursday. Oppenheimer decreased their price target on shares of Dutch Bros from $66.00 to $54.00 and set an “outperform” rating on the stock in a research note on Thursday. Raymond James Financial set a $59.00 price target on shares of Dutch Bros in a 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 for the company in a research report on Friday, October 2nd. Finally, Telsey Advisory Group reduced their price objective on Dutch Bros from $74.00 to $56.00 and set an “outperform” rating on the stock in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently 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, reaching $33.81. The company’s stock had a trading volume of 6,821,120 shares, compared to its average volume of 4,417,980. The business’s fifty day simple moving average is $41.44 and its 200-day simple moving average is $52.88. 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 has a fifty-two week low of $33.17 and a fifty-two week high of $74.02. The company has a market capitalization of $5.91 billion, a P/E ratio of 43.35, a P/E/G ratio of 1.37 and a beta of 1.97.

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

Insider Buying and Selling

In other Dutch Bros news, major shareholder Dm Individual Aggregator, Llc sold 359,284 shares of the company’s stock in a transaction on 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 completion of the sale, the insider owned 1,366,580 shares in the company, valued at approximately $61,127,123.40. The trade was a 20.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 company’s stock in a transaction on 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 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 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. Over the last ninety days, insiders sold 4,044,220 shares of company stock worth $179,732,644. Insiders own 38.90% of the company’s stock.

Institutional Investors Weigh In On Dutch Bros

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ancora Advisors LLC bought a new position in Dutch Bros during the second quarter worth about $29,000. GK Wealth Management LLC bought a new stake in shares of Dutch Bros in the 3rd quarter valued at about $56,000. State of Wyoming bought a new stake in shares of Dutch Bros in the 3rd quarter valued at about $66,000. Archer Investment Corp acquired a new stake in shares of Dutch Bros in the 2nd quarter valued at approximately $101,000. Finally, Fulcrum Asset Management LLP acquired a new stake in shares of Dutch Bros in the 3rd quarter valued at approximately $109,000. Institutional investors own 85.54% of the company’s stock.

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.