Black Rock Coffee Bar, Inc. (NASDAQ:BRCB – Get Free Report) has earned an average rating of “Moderate Buy” from the six analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $18.75.
A number of brokerages have weighed in on BRCB. Raymond James Financial lowered their price objective on 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. DA Davidson set a $15.00 price objective on Black Rock Coffee Bar in a research report on Wednesday. Morgan Stanley decreased their target price 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, Stifel Nicolaus lowered their price target on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating on the stock in a research note on Wednesday.
Read Our Latest Research Report on BRCB
Black Rock Coffee Bar Stock Performance
Black Rock Coffee Bar (NASDAQ:BRCB – Get Free Report) last issued its earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). The firm had revenue of $55.45 million for the quarter. On average, equities research analysts forecast that Black Rock Coffee Bar will post 0.3 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in BRCB. Ares Management LLC purchased a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth approximately $5,981,000. Federated Hermes Inc. purchased a new position in Black Rock Coffee Bar in the 3rd quarter valued at approximately $2,982,000. Monashee Investment Management LLC acquired a new position in Black Rock Coffee Bar during the third quarter worth $2,386,000. Emerald Mutual Fund Advisers Trust acquired a new position in Black Rock Coffee Bar during the third quarter worth $4,023,000. Finally, Tudor Investment Corp ET AL purchased a new stake in Black Rock Coffee Bar during the third quarter worth $1,718,000.
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.
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