DA Davidson Cuts Dutch Bros (NYSE:BROS) Price Target to $60.00

Dutch Bros (NYSE:BROS) had its price objective reduced by DA Davidson from $85.00 to $60.00 in a research note issued to investors on Monday, MarketBeat Ratings reports. DA Davidson currently has a buy rating on the stock.

BROS has been the subject of a number of other reports. Citigroup restated a “buy” rating on shares of Dutch Bros in a research report on Thursday, August 6th. Robert W. Baird upgraded Dutch Bros to a “strong-buy” rating in a report on Monday, August 24th. Freedom Capital raised shares of Dutch Bros to a “strong-buy” rating in a research report on Wednesday, July 1st. Royal Bank Of Canada decreased their price target on shares of Dutch Bros from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. Finally, Raymond James Financial set a $59.00 price objective on shares of Dutch Bros in a research report on Friday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $72.38.

Dutch Bros Stock Up 1.3%

BROS stock opened at $38.60 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.35 and a quick ratio of 1.19. The firm has a market capitalization of $6.74 billion, a P/E ratio of 53.62, a P/E/G ratio of 1.35 and a beta of 2.28. Dutch Bros has a 52-week low of $37.40 and a 52-week high of $74.02. The company’s 50 day simple moving average is $49.79 and its 200-day simple moving average is $55.17.

Dutch Bros (NYSE:BROS) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The firm had revenue of $550.85 million during the quarter, compared to analyst estimates of $525.38 million. During the same quarter last year, the business posted $0.26 EPS. The company’s revenue was up 32.5% on a year-over-year basis. As a group, equities research analysts anticipate that Dutch Bros will post 0.88 EPS for the current year.

Insiders Place Their Bets

In other Dutch Bros news, Director Todd Penegor acquired 2,000 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average price of $51.56 per share, with a total value of $103,120.00. Following the completion of the transaction, the director owned 7,358 shares in the company, valued at $379,378.48. The trade was a 37.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 38.90% of the company’s stock.

Institutional Trading of Dutch Bros

Large investors have recently added to or reduced their stakes in the business. NorthRock Partners LLC acquired a new stake in shares of Dutch Bros in the 2nd quarter valued at $256,000. Integrated Wealth Concepts LLC increased its position in Dutch Bros by 16.1% during the second quarter. Integrated Wealth Concepts LLC now owns 11,004 shares of the company’s stock worth $790,000 after buying an additional 1,525 shares during the last quarter. Maven Securities LTD acquired a new position in Dutch Bros during the second quarter worth $829,000. NewEdge Advisors LLC raised its holdings in Dutch Bros by 12.3% during the second quarter. NewEdge Advisors LLC now owns 4,810 shares of the company’s stock valued at $345,000 after buying an additional 528 shares in the last quarter. Finally, Baird Financial Group Inc. raised its holdings in Dutch Bros by 7.4% during the second quarter. Baird Financial Group Inc. now owns 524,569 shares of the company’s stock valued at $37,669,000 after buying an additional 35,925 shares in the last quarter. 85.54% of the stock is owned by institutional investors.

Dutch Bros News Summary

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Oppenheimer maintained an Outperform rating and lowered its price target from $82 to $66. The revised target still implies roughly 71% upside from the referenced share price, with the firm expecting Dutch Bros to “break out.” Oppenheimer expects Dutch Bros to break out
• Positive Sentiment: DA Davidson retained its Buy stance and shifted its valuation framework further into the future, continuing to see significant upside even after cutting its target. The report suggests the recent selloff may create an attractive entry point for investors focused on long-term unit growth. DA Davidson Dutch Bros target analysis
• Positive Sentiment: Dutch Bros continues to announce new locations, including its first stores in Champaign and Springfield, Illinois, three planned Columbus-area shops, and additional openings expected before year-end. The expansion reinforces the company’s national growth strategy and could support future revenue. Dutch Bros confirms first Springfield location
• Neutral Sentiment: The company is establishing a new headquarters in Peoria, Arizona, and is evaluating former Salad and Go locations for potential conversions. These developments may improve market coverage, but no material financial contribution has yet been disclosed. Dutch Bros new Peoria headquarters
• Negative Sentiment: JPMorgan and Jefferies both reduced their price targets to $60 while retaining Overweight ratings. The cuts reflect more cautious valuation assumptions, although both firms still project considerable upside. Dutch Bros capex and dropped deal analysis
• Negative Sentiment: A reported 49% increase in capital expenditures and a lost bidding war have raised concerns about near-term cash requirements, execution, and whether the company’s growth investments will generate adequate returns.

Dutch Bros Company Profile

Dutch Bros Inc is a drive-thru beverage company that operates the Dutch Bros coffeehouse brand. The company serves a broad menu of handcrafted beverages, including specialty coffees, cold brews, teas, energy drinks, lemonades, smoothies and flavored sodas, along with a selection of snacks and other food items.

Dutch Bros was founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon. From its original pushcart operation, the company developed a drive-thru-focused model built around convenience, customized drinks and customer service.