Black Rock Coffee Bar (NASDAQ:BRCB) Reaches New 12-Month Low – What’s Next?

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB)’s stock price reached a new 52-week low on Monday . The stock traded as low as $11.03 and last traded at $11.1150, with a volume of 39981 shares changing hands. The stock had previously closed at $11.48.

Analysts Set New Price Targets

BRCB has been the topic of a number of research reports. Raymond James Financial dropped their target price on shares of Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, April 21st. Morgan Stanley decreased their price target on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 21st. Finally, DA Davidson dropped their price target on Black Rock Coffee Bar from $21.00 to $16.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $19.33.

Black Rock Coffee Bar Price Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.96 and a current ratio of 1.04. The stock has a market cap of $550.16 million and a PE ratio of -1,099.00. The stock has a 50 day moving average of $14.17 and a two-hundred day moving average of $18.37.

Black Rock Coffee Bar (NASDAQ:BRCB) last announced its earnings results on Tuesday, March 3rd. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm had revenue of $53.64 million during the quarter, compared to analyst estimates of $53.70 million. Equities analysts anticipate that Black Rock Coffee Bar, Inc. will post 0.3 EPS for the current year.

Hedge Funds Weigh In On Black Rock Coffee Bar

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. grew its position in Black Rock Coffee Bar by 3.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,398,120 shares of the company’s stock worth $31,109,000 after purchasing an additional 50,845 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Black Rock Coffee Bar by 50.1% in the first quarter. Bank of New York Mellon Corp now owns 1,161,703 shares of the company’s stock valued at $15,009,000 after purchasing an additional 387,553 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Black Rock Coffee Bar by 19.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,105,320 shares of the company’s stock worth $24,593,000 after buying an additional 176,480 shares during the period. Wellington Management Group LLP grew its holdings in shares of Black Rock Coffee Bar by 107.8% during the fourth quarter. Wellington Management Group LLP now owns 943,524 shares of the company’s stock valued at $20,993,000 after buying an additional 489,559 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Black Rock Coffee Bar by 5.2% during the fourth quarter. Invesco Ltd. now owns 840,917 shares of the company’s stock valued at $18,710,000 after buying an additional 41,493 shares in the last quarter.

Black Rock Coffee Bar Company Profile

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.