Dutch Bros (NYSE:BROS) Stock Price Target Lowered at Citigroup

Posted by Grant Hamersma on Nov 6th, 2026

Dutch Bros (NYSE:BROS – Get Free Report) had its price objective dropped by equities research analysts at Citigroup from $69.00 to $64.00 in a report issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup‘s price objective suggests a potential upside of 89.29% from the stock’s current price.

BROS has been the subject of a number of other research reports. 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. Morgan Stanley lowered their price objective on Dutch Bros from $88.00 to $71.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th. TD Cowen dropped their target price on Dutch Bros from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday. BNP Paribas Exane cut their target price on Dutch Bros from $77.00 to $54.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Oppenheimer cut their target price on Dutch Bros from $66.00 to $54.00 and set an “outperform” rating on the stock in a research note 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 company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $61.62.

Get Our Latest Research Report on Dutch Bros

Dutch Bros Stock Performance

BROS stock traded down $0.76 during midday trading on Friday, reaching $33.81. The company had a trading volume of 6,817,761 shares, compared to its average volume of 4,390,537. The company has a quick ratio of 1.19, a current ratio of 1.35 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average price of $41.78 and a 200 day moving average price of $53.02. Dutch Bros has a fifty-two week low of $33.17 and a fifty-two week high of $74.02. The firm has a market capitalization of $5.91 billion, a PE ratio of 43.35, a P/E/G ratio of 1.37 and a beta of 1.97.

Dutch Bros (NYSE:BROS – Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. The company had revenue of $549.84 million during the quarter, compared to analyst estimates of $548.27 million. Dutch Bros had a return on equity of 10.68% and a net margin of 5.08%. The business’s revenue was up 29.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.19 earnings per share. Analysts anticipate that Dutch Bros will post 0.88 earnings per share for the current year.

Insider Activity

In other Dutch Bros news, Chairman Travis Boersma sold 1,032,216 shares of the firm’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 sale, the chairman owned 1,366,580 shares in the company, valued at approximately $61,127,123.40. This trade represents a 43.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 firm’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 transaction of $16,070,773.32. Following the completion of the sale, the insider owned 1,366,580 shares in the company, valued at $61,127,123.40. The trade was a 20.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 4,044,220 shares of company stock valued at $179,732,644. 38.90% of the stock is owned by insiders.

Institutional Trading of Dutch Bros

Large investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP boosted its position in Dutch Bros by 38.0% during the 2nd quarter. Wellington Management Group LLP now owns 3,090,882 shares of the company’s stock worth $221,956,000 after acquiring an additional 851,075 shares during the period. Danica Pension Livsforsikringsaktieselskab bought a new position in shares of Dutch Bros in the first quarter worth $33,569,000. Hyperion Asset Management Ltd grew its stake in shares of Dutch Bros by 104.4% in the third quarter. Hyperion Asset Management Ltd now owns 1,222,532 shares of the company’s stock worth $47,141,000 after purchasing an additional 624,488 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Dutch Bros by 33.4% during the first quarter. Bank of America Corp DE now owns 1,814,815 shares of the company’s stock valued at $91,939,000 after purchasing an additional 454,036 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Dutch Bros by 58.1% during the first quarter. Bank of New York Mellon Corp now owns 1,044,545 shares of the company’s stock valued at $52,917,000 after purchasing an additional 384,011 shares during the period. 85.54% of the stock is currently owned by institutional investors and hedge funds.

Dutch Bros News Roundup

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, slightly above expectations, while EPS of $0.25 topped the $0.24 consensus. Dutch Bros Q3 Earnings and Revenues Top Estimates
Positive Sentiment: The company plans approximately 250 system shop openings in 2027, supporting its longer-term expansion ambitions. A separate valuation analysis argues BROS may be substantially undervalued after its results and guidance. Dutch Bros: 3 Key Takeaways for Long-Term Investors Dutch Bros Could Be 48% Undervalued
Neutral Sentiment: Dutch Bros unveiled a 2026 holiday menu, offering a seasonal product launch, though its likely sales impact is unclear. Dutch Bros Unveils 2026 Holiday Menu
Negative Sentiment: Investors reacted poorly to slower traffic and a cautious outlook; reports cite reduced EBITDA expectations and weaker-than-expected sales guidance. Those concerns overshadowed the quarterly beat and drove a sharp post-results decline. Dutch Bros Shares Drop as Sales Growth Slows and EBITDA Forecast Is Reduced
Negative Sentiment: Several analysts lowered price targets after the results, although some maintained Buy or Outperform ratings. The chairman and a major shareholder also disclosed substantial sales under prearranged trading plans, which may add to investor concerns. Analysts Cut Their Forecasts After Q3 Results Insider Travis Boersma Sells Shares

About Dutch Bros

(Get Free Report)

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.