Black Rock Coffee Bar (NASDAQ:BRCB) Stock Price Down 5.3% – What’s Next?

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB)’s stock price dropped 5.3% during mid-day trading on Monday . The company traded as low as $14.03 and last traded at $14.15. Approximately 90,772 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 523,410 shares. The stock had previously closed at $14.94.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on BRCB shares. DA Davidson started coverage on Black Rock Coffee Bar in a research note on Friday, March 6th. They issued a “buy” rating and a $21.00 price target on the stock. Raymond James Financial decreased their price target on Black Rock Coffee Bar from $28.00 to $26.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Finally, Weiss Ratings restated a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $23.50.

Black Rock Coffee Bar Price Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.04 and a quick ratio of 0.96. The company’s 50-day simple moving average is $14.42. The company has a market cap of $718.36 million and a price-to-earnings ratio of -1,435.50.

Black Rock Coffee Bar (NASDAQ:BRCB) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. The company had revenue of $53.64 million during the quarter, compared to analysts’ expectations of $53.70 million.

Hedge Funds Weigh In On Black Rock Coffee Bar

Several institutional investors have recently added to or reduced their stakes in BRCB. Russell Investments Group Ltd. acquired a new position in Black Rock Coffee Bar in the fourth quarter valued at $29,000. Franklin Resources Inc. acquired a new position in Black Rock Coffee Bar in the third quarter valued at $36,000. Roxbury Financial LLC acquired a new position in Black Rock Coffee Bar in the fourth quarter valued at $39,000. FNY Investment Advisers LLC acquired a new position in Black Rock Coffee Bar in the third quarter valued at $50,000. Finally, Strs Ohio acquired a new position in Black Rock Coffee Bar in the fourth quarter valued at $65,000.

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.