Analysts’ Recent Ratings Updates for Black Rock Coffee Bar (BRCB)

A number of research firms have changed their ratings and price targets for Black Rock Coffee Bar (NASDAQ: BRCB):

• 6/11/2026 – Black Rock Coffee Bar was upgraded by Weiss Ratings from “sell (e)” to “sell (d-)”.
• 6/8/2026 – Black Rock Coffee Bar is now covered by Piper Sandler. They set a “neutral” rating and a $9.00 price target on the stock.
• 6/8/2026 – Black Rock Coffee Bar is now covered by Piper Sandler. They set a “neutral” rating and a $9.00 price target on the stock.
• 6/7/2026 – Black Rock Coffee Bar was upgraded by Wall Street Zen from “sell” to “hold”.
• 5/30/2026 – Black Rock Coffee Bar was downgraded by Wall Street Zen from “hold” to “sell”.
• 5/29/2026 – Black Rock Coffee Bar had its “sell (e)” rating reaffirmed by Weiss Ratings.
• 5/13/2026 – Black Rock Coffee Bar had its price target lowered by DA Davidson from $16.00 to $15.00. They now have a “buy” rating on the stock.
• 5/13/2026 – Black Rock Coffee Bar had its price target lowered by Stifel Nicolaus from $27.00 to $18.00. They now have a “buy” rating on the stock.
• 5/5/2026 – Black Rock Coffee Bar had its price target lowered by DA Davidson from $21.00 to $16.00. They now have a “buy” rating on the stock.

Insider Buying and Selling

In related news, Director Cynosure Group, Llc purchased 13,642,712 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $5.35 per share, with a total value of $72,988,509.20. Following the completion of the transaction, the director owned 19,915,304 shares of the company’s stock, valued at approximately $106,546,876.40. This trade represents a 217.50% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Clay Howard Geyer purchased 45,080 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were bought at an average cost of $6.51 per share, for a total transaction of $293,470.80. Following the purchase, the chief operating officer owned 57,580 shares of the company’s stock, valued at $374,845.80. This trade represents a 360.64% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders purchased 13,698,923 shares of company stock valued at $73,357,952. Insiders own 32.04% of the company’s stock.

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.