Black Rock Coffee Bar (NASDAQ:BRCB) CMO Acquires $20,013.08 in Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) CMO Jessica Michele Wegener-Beyer acquired 3,098 shares of Black Rock Coffee Bar stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average price of $6.46 per share, for a total transaction of $20,013.08. Following the completion of the acquisition, the chief marketing officer owned 3,098 shares in the company, valued at $20,013.08. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Black Rock Coffee Bar Stock Up 3.5%

Shares of BRCB opened at $6.81 on Friday. The firm has a market cap of $340.91 million and a P/E ratio of 681.00. Black Rock Coffee Bar, Inc. has a 12-month low of $6.13 and a 12-month high of $30.40. The company’s 50-day moving average price is $12.63 and its 200 day moving average price is $17.11. The company has a current ratio of 0.87, a quick ratio of 0.77 and a debt-to-equity ratio of 0.25.

Black Rock Coffee Bar (NASDAQ:BRCB) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). The company had revenue of $55.45 million for the quarter. On average, sell-side analysts forecast that Black Rock Coffee Bar, Inc. will post 0.26 earnings per share for the current year.

Institutional Trading of Black Rock Coffee Bar

A number of institutional investors and hedge funds have recently bought and sold shares of BRCB. Russell Investments Group Ltd. acquired a new stake in Black Rock Coffee Bar during the 4th quarter worth approximately $29,000. Franklin Resources Inc. acquired a new position in shares of Black Rock Coffee Bar in the third quarter worth $36,000. Roxbury Financial LLC purchased a new stake in shares of Black Rock Coffee Bar during the fourth quarter worth $39,000. FNY Investment Advisers LLC purchased a new stake in shares of Black Rock Coffee Bar during the third quarter worth $50,000. Finally, Strs Ohio purchased a new stake in shares of Black Rock Coffee Bar during the fourth quarter worth $65,000.

Analysts Set New Price Targets

Several analysts recently issued reports on BRCB shares. DA Davidson reduced their price objective on shares of Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Raymond James Financial reduced their price objective on shares of 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. Morgan Stanley reduced their price objective on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Finally, Stifel Nicolaus reduced their price objective on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $18.75.

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.