Black Rock Coffee Bar (NASDAQ:BRCB) Stock Price Up 10.3% – Still a Buy?

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) shares rose 10.3% on Wednesday . The company traded as high as $12.81 and last traded at $12.81. Approximately 535,160 shares were traded during mid-day trading, an increase of 6% from the average daily volume of 503,192 shares. The stock had previously closed at $11.61.

Analysts Set New Price Targets

BRCB has been the topic of a number of research reports. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research report on Monday, December 29th. Raymond James Financial cut their target price on shares of Black Rock Coffee Bar from $28.00 to $26.00 and set an “outperform” rating for the company in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $26.00.

Black Rock Coffee Bar Stock Performance

The stock has a market cap of $631.26 million and a PE ratio of -252.20. The business has a fifty day moving average price of $18.44. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.37.

Hedge Funds Weigh In On Black Rock Coffee Bar

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new position in shares of Black Rock Coffee Bar during the 4th quarter worth approximately $29,000. Franklin Resources Inc. bought a new position in Black Rock Coffee Bar in the 3rd quarter valued at approximately $36,000. Roxbury Financial LLC acquired a new stake in shares of Black Rock Coffee Bar during the 4th quarter valued at $39,000. FNY Investment Advisers LLC acquired a new position in shares of Black Rock Coffee Bar in the third quarter valued at approximately $50,000. Finally, Strs Ohio bought a new position in shares of Black Rock Coffee Bar during the fourth quarter valued at $65,000.

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.