Black Rock Coffee Bar (NASDAQ:BRCB) Share Price Breaks Below Two Hundred Day Moving Average Following Weak Earnings

Key Points

• Shares fell below the 200-day moving average, trading as low as $8.73 after Black Rock Coffee Bar reported quarterly EPS of $0.05, below the $0.08 consensus estimate.
• The company reported quarterly revenue of $66.75 million and expects Q4 adjusted EBITDA growth above 30%; it also raised its 2026 new-store opening target from 38 to 40.
• Analyst views remain mixed: DA Davidson raised its target to $13 and maintained a Buy rating, while the overall consensus rating is Hold with an average price target of $11.

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday after the company announced weaker than expected quarterly earnings. The stock has a 200-day moving average of $10.32 and traded as low as $8.73. Black Rock Coffee Bar shares last traded at $8.76, with a volume of 972,696 shares changing hands.

The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.03). Black Rock Coffee Bar had a return on equity of 3.53% and a net margin of 1.58%. The firm had revenue of $66.75 million for the quarter.

Black Rock Coffee Bar News Summary

Here's some of the latest news about BRCB:

• Positive Sentiment: Management expects Q4 adjusted EBITDA growth of more than 30% and raised its 2026 new-store opening target from 38 to 40, signaling confidence in growth and operating performance. Article: Black Rock Coffee Bar expects more than 30% Q4 adjusted EBITDA growth while raising 2026 openings to 40
• Positive Sentiment: DA Davidson raised its price target to $13 and reiterated a Buy rating, providing a more optimistic analyst view. Article: DA Davidson raises Black Rock Coffee Bar price target
• Neutral Sentiment: Full-year 2026 revenue guidance of $255 million–$257 million is broadly in line with the $255.4 million consensus estimate. Baird raised its target to $10 but kept a Neutral rating. Article: Robert W. Baird raises Black Rock Coffee Bar price target

Analyst Ratings Changes

BRCB has been the subject of several recent analyst reports. Robert W. Baird raised their price target on Black Rock Coffee Bar from $8.00 to $10.00 and gave the company a "neutral" rating in a report on Wednesday. Raymond James Financial set a $13.00 price objective on Black Rock Coffee Bar in a research report on Wednesday, August 12th. DA Davidson raised their target price on Black Rock Coffee Bar from $10.00 to $13.00 and gave the company a "buy" rating in a report on Wednesday. Stifel Nicolaus assumed coverage on shares of Black Rock Coffee Bar in a research report on Monday. They set a "hold" rating and a $12.00 target price on the stock. Finally, Zacks Research lowered shares of Black Rock Coffee Bar from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 15th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $11.00.

Institutional Investors Weigh In On Black Rock Coffee Bar

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. grew its holdings in shares of Black Rock Coffee Bar by 106.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,219 shares of the company's stock worth $106,000 after acquiring an additional 4,243 shares during the period. BlueCrest Capital Management Ltd purchased a new stake in Black Rock Coffee Bar during the second quarter worth $166,000. Alkeme Wealth LLC purchased a new stake in Black Rock Coffee Bar during the third quarter worth $214,000. Engineers Gate Manager LP grew its holdings in Black Rock Coffee Bar by 172.0% in the second quarter. Engineers Gate Manager LP now owns 59,909 shares of the company's stock valued at $497,000 after purchasing an additional 37,880 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in Black Rock Coffee Bar by 1,199.8% in the third quarter. Russell Investments Group Ltd. now owns 84,329 shares of the company's stock valued at $601,000 after purchasing an additional 77,841 shares during the last quarter.

Black Rock Coffee Bar Price Performance

The company has a market cap of $438.61 million, a price-to-earnings ratio of 51.53 and a beta of -0.92. The company has a fifty day simple moving average of $8.52 and a two-hundred day simple moving average of $10.32. The company has a quick ratio of 0.62, a current ratio of 0.71 and a debt-to-equity ratio of 0.27.

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.

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