Robert W. Baird Reaffirms Neutral Rating for Black Rock Coffee Bar (NASDAQ:BRCB)

Black Rock Coffee Bar (NASDAQ:BRCB)‘s stock had its “neutral” rating restated by investment analysts at Robert W. Baird in a research report issued on Monday, Marketbeat reports. They presently have a $10.00 price target on the stock, down from their previous price target of $12.00. Robert W. Baird’s target price suggests a potential upside of 8.11% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Wall Street Zen upgraded shares of Black Rock Coffee Bar from a “sell” rating to a “hold” rating in a report on Sunday, June 7th. Weiss Ratings raised shares of Black Rock Coffee Bar from a “sell (e)” rating to a “sell (d-)” rating in a research report on Thursday, June 11th. DA Davidson lowered their target price on Black Rock Coffee Bar from $15.00 to $10.00 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. Morgan Stanley downgraded shares of Black Rock Coffee Bar from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $22.00 to $9.00 in a report on Wednesday, July 15th. Finally, Stifel Nicolaus cut their price target on Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Black Rock Coffee Bar currently has a consensus rating of “Hold” and an average price target of $11.50.

Black Rock Coffee Bar Price Performance

Shares of NASDAQ:BRCB opened at $9.25 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.62 and a current ratio of 0.71. The firm has a market capitalization of $463.15 million and a P/E ratio of 132.16. The stock has a 50 day moving average price of $7.95 and a 200-day moving average price of $10.76. Black Rock Coffee Bar has a 52-week low of $6.11 and a 52-week high of $30.40.

Black Rock Coffee Bar (NASDAQ:BRCB) last announced its earnings results on Tuesday, August 11th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Black Rock Coffee Bar had a net margin of 0.69% and a return on equity of 1.46%. The business had revenue of $63.00 million for the quarter. As a group, equities research analysts anticipate that Black Rock Coffee Bar will post 0.21 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BRCB. Russell Investments Group Ltd. purchased a new stake in Black Rock Coffee Bar during the fourth quarter valued at $29,000. Franklin Resources Inc. purchased a new position in shares of Black Rock Coffee Bar in the 3rd quarter worth $36,000. Strs Ohio purchased a new position in shares of Black Rock Coffee Bar in the 4th quarter worth $65,000. US Bancorp DE bought a new stake in shares of Black Rock Coffee Bar in the 3rd quarter worth about $89,000. Finally, PNC Financial Services Group Inc. bought a new stake in shares of Black Rock Coffee Bar in the 4th quarter worth about $88,000.

About Black Rock Coffee Bar

Our Mission: To Fuel People Forward – One Connection, One Moment, One Cup at a Time We are a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. Black Rock Coffee Bar was founded in 2008 in Beaverton, Oregon, by our co-founders Daniel Brand and Jeff Hernandez. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with 158 locations spanning seven states as of June 30, 2025, from the Pacific Northwest to Texas.