Black Rock Coffee Bar (NASDAQ:BRCB) Given New $13.00 Price Target at DA Davidson

Black Rock Coffee Bar (NASDAQ:BRCB) had its price target lifted by equities research analysts at DA Davidson from $10.00 to $13.00 in a research note issued on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the stock. DA Davidson‘s price target would indicate a potential upside of 44.12% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Weiss Ratings upgraded Black Rock Coffee Bar from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, October 2nd. Raymond James Financial set a $13.00 target price on Black Rock Coffee Bar in a research report on Wednesday, August 12th. Morgan Stanley lowered Black Rock Coffee Bar from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $22.00 to $9.00 in a report on Wednesday, July 15th. Stifel Nicolaus started coverage on Black Rock Coffee Bar in a research report on Monday. They issued a “hold” rating and a $12.00 price target for the company. Finally, Robert W. Baird raised their price objective on Black Rock Coffee Bar from $8.00 to $10.00 and gave the stock a “neutral” rating in a research note on Wednesday. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $11.00.

Black Rock Coffee Bar Stock Performance

Shares of BRCB traded down $1.55 on Wednesday, reaching $9.02. The company’s stock had a trading volume of 578,132 shares, compared to its average volume of 504,135. The stock’s 50 day simple moving average is $8.53 and its two-hundred day simple moving average is $10.36. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.71 and a quick ratio of 0.62. The stock has a market capitalization of $451.63 million, a P/E ratio of 128.30 and a beta of -0.92. Black Rock Coffee Bar has a 12-month low of $6.11 and a 12-month high of $25.19.

Black Rock Coffee Bar (NASDAQ:BRCB) last announced its earnings results on Tuesday, November 10th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). The business had revenue of $66.75 million for the quarter. Black Rock Coffee Bar had a net margin of 0.69% and a return on equity of 1.46%. Research analysts forecast that Black Rock Coffee Bar will post 0.20 earnings per share for the current fiscal year.

Institutional Trading of Black Rock Coffee Bar

Several institutional investors have recently made changes to their positions in BRCB. Bank of New York Mellon Corp lifted its holdings in Black Rock Coffee Bar by 50.1% in the 1st quarter. Bank of New York Mellon Corp now owns 1,161,703 shares of the company’s stock worth $15,009,000 after purchasing an additional 387,553 shares in the last quarter. Jennison Associates LLC grew its holdings in Black Rock Coffee Bar by 59.9% during the 1st quarter. Jennison Associates LLC now owns 583,806 shares of the company’s stock valued at $7,543,000 after buying an additional 218,692 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Black Rock Coffee Bar by 179.4% during the first quarter. Renaissance Technologies LLC now owns 207,600 shares of the company’s stock valued at $2,682,000 after buying an additional 133,296 shares during the last quarter. Stoic Point Capital Management LLC bought a new stake in shares of Black Rock Coffee Bar during the third quarter valued at approximately $1,379,000. Finally, Bank of America Corp DE lifted its holdings in shares of Black Rock Coffee Bar by 1.9% in the first quarter. Bank of America Corp DE now owns 143,896 shares of the company’s stock worth $1,859,000 after buying an additional 2,631 shares in the last quarter.

Black Rock Coffee Bar News Roundup

These are some of the BRCB news items that stood out recently:

• Positive Sentiment: Revenue rose 29.7% year over year to about $66.8 million, same-store sales grew 5.8%, and the company opened 11 stores during the quarter. Management also raised its 2026 store-opening outlook from 38 to 40. Black Rock Coffee Bar Q3 2026 results
• Neutral Sentiment: Full-year 2026 revenue guidance of $255 million to $257 million was broadly in line with the roughly $255.4 million analyst consensus. Baird raised its price target from $8 to $10 but maintained a neutral rating. Three key takeaways for long-term investors
• Negative Sentiment: Q3 EPS of $0.05 missed the $0.08 consensus, while revenue also trailed estimates. Operating profit was $2.8 million and net income attributable to common shareholders was $1.5 million; capital spending of $16.6 million exceeded $9.9 million of operating cash flow. Black Rock Coffee Bar misses Q3 estimates

About Black Rock Coffee Bar

Black Rock Coffee Bar is a specialty coffee company that operates cafés focused on handcrafted beverages and customer service. The company was founded in 2008 in Beaverton, Oregon. Its menu includes coffee and espresso drinks, teas, blended beverages, energy drinks and food items. Many locations offer drive-through service, alongside in-store ordering. Black Rock Coffee Bar serves customers across several western and southwestern U.S. states, including Oregon, Arizona, Washington, Colorado and Texas.