Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts have a consensus “Hold” rating on Black Rock Coffee Bar, with one sell, three hold, and three buy recommendations. The average 12-month price target is $11.80, though several firms recently cut their targets.
• BRCB shares opened at $8.64, well below their 52-week high of $30.40, with a market capitalization of approximately $432.5 million. The stock’s 50-day and 200-day moving averages are $7.91 and $10.80, respectively.
• The company reported quarterly EPS of $0.06, missing analyst expectations of $0.07, on revenue of $63 million. Analysts expect full-year EPS of about $0.21.

Shares of Black Rock Coffee Bar, Inc. (NASDAQ:BRCB - Get Free Report) have received a consensus rating of "Hold" from the seven research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $11.80.

BRCB has been the topic of a number of recent research reports. Raymond James Financial set a $13.00 target price on shares of Black Rock Coffee Bar in a research report on Wednesday, August 12th. Morgan Stanley lowered shares of Black Rock Coffee Bar from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $22.00 to $9.00 in a report on Wednesday, July 15th. Stifel Nicolaus decreased their price objective on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a "buy" rating for the company in a research report on Wednesday, May 13th. DA Davidson dropped their target price on Black Rock Coffee Bar from $15.00 to $10.00 and set a "buy" rating on the stock in a research report on Wednesday, August 12th. Finally, Piper Sandler initiated coverage on Black Rock Coffee Bar in a research note on Monday, June 8th. They set a "neutral" rating and a $9.00 price objective for the company.

Institutional Trading of Black Rock Coffee Bar

Institutional investors have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. grew its holdings in Black Rock Coffee Bar by 3.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,398,120 shares of the company's stock worth $31,109,000 after acquiring an additional 50,845 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of 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 valued at $15,009,000 after purchasing an additional 387,553 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Black Rock Coffee Bar by 107.8% during the fourth quarter. Wellington Management Group LLP now owns 943,524 shares of the company's stock worth $20,993,000 after purchasing an additional 489,559 shares during the last quarter. Invesco Ltd. lifted its position in shares of Black Rock Coffee Bar by 5.2% during the fourth quarter. Invesco Ltd. now owns 840,917 shares of the company's stock worth $18,710,000 after purchasing an additional 41,493 shares during the last quarter. Finally, Emerald Advisers LLC grew its stake in Black Rock Coffee Bar by 22.4% in the first quarter. Emerald Advisers LLC now owns 749,626 shares of the company's stock worth $9,685,000 after purchasing an additional 137,133 shares in the last quarter.

Black Rock Coffee Bar Price Performance

Shares of NASDAQ BRCB opened at $8.64 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.71 and a quick ratio of 0.62. Black Rock Coffee Bar has a 1-year low of $6.11 and a 1-year high of $30.40. The company has a market capitalization of $432.52 million and a price-to-earnings ratio of 123.45. The business has a 50-day moving average of $7.91 and a 200-day moving average of $10.80.

Black Rock Coffee Bar (NASDAQ:BRCB - Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The company had revenue of $63.00 million for the quarter. Black Rock Coffee Bar had a return on equity of 1.46% and a net margin of 0.69%. On average, equities analysts anticipate that Black Rock Coffee Bar will post 0.21 EPS for the current fiscal year.

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.

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