Dutch Bros (NYSE:BROS) Given New $64.00 Price Target at Citigroup

Dutch Bros (NYSE:BROS) had its price target cut by Citigroup from $69.00 to $64.00 in a research note published on Friday,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also issued reports on BROS. Melius Research lowered their target price on Dutch Bros from $95.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, September 18th. DA Davidson reduced their price target on Dutch Bros from $85.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday, September 28th. Robert W. Baird decreased their price target on Dutch Bros from $82.00 to $60.00 and set an “outperform” rating for the company in a report on Friday, October 2nd. Mizuho set a $55.00 price objective on shares of Dutch Bros in a research report on Thursday. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Dutch Bros from $75.00 to $60.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Dutch Bros has a consensus rating of “Moderate Buy” and an average price target of $61.62.

Dutch Bros Trading Down 2.2%

Shares of Dutch Bros stock traded down $0.76 during trading hours on Friday, hitting $33.81. The company’s stock had a trading volume of 6,821,120 shares, compared to its average volume of 4,417,980. The business has a fifty day moving average of $41.44 and a 200 day moving average of $52.88. Dutch Bros has a 1-year low of $33.17 and a 1-year high of $74.02. The company has a quick ratio of 1.19, a current ratio of 1.35 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $5.91 billion, a PE ratio of 43.35, a P/E/G ratio of 1.37 and a beta of 1.97.

Dutch Bros (NYSE:BROS) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The firm had revenue of $549.84 million during the quarter, compared to analysts’ expectations of $548.27 million. During the same period in the prior year, the company earned $0.19 EPS. The firm’s revenue was up 29.8% on a year-over-year basis. As a group, equities analysts forecast that Dutch Bros will post 0.88 EPS for the current year.

Insider Transactions at Dutch Bros

In other Dutch Bros news, major shareholder Dm Individual Aggregator, Llc sold 359,284 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $44.73, for a total transaction of $16,070,773.32. Following the completion of the sale, the insider owned 1,366,580 shares in the company, valued at $61,127,123.40. This trade represents a 20.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Travis Boersma sold 1,032,216 shares of Dutch Bros stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $44.73, for a total value of $46,171,021.68. Following the sale, the chairman owned 1,366,580 shares in the company, valued at $61,127,123.40. This represents a 43.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 4,044,220 shares of company stock worth $179,732,644. Corporate insiders own 38.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Lido Advisors LLC bought a new position in shares of Dutch Bros during the third quarter worth about $803,000. D.B. Root & Company LLC raised its stake in Dutch Bros by 43.7% during the third quarter. D.B. Root & Company LLC now owns 12,053 shares of the company’s stock valued at $465,000 after buying an additional 3,666 shares in the last quarter. New York Life Investment Management LLC acquired a new stake in Dutch Bros during the third quarter valued at approximately $751,000. AlphaCore Capital LLC lifted its holdings in Dutch Bros by 48.1% during the 3rd quarter. AlphaCore Capital LLC now owns 16,419 shares of the company’s stock worth $633,000 after buying an additional 5,331 shares during the last quarter. Finally, Retirement Systems of Alabama lifted its holdings in Dutch Bros by 1.3% during the 3rd quarter. Retirement Systems of Alabama now owns 133,742 shares of the company’s stock worth $5,157,000 after buying an additional 1,777 shares during the last quarter. 85.54% of the stock is owned by institutional investors and hedge funds.

More Dutch Bros News

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Q3 revenue rose about 30% year over year to roughly $550 million, narrowly beating estimates, while earnings of $0.25 per share topped the $0.24 consensus. Dutch Bros Q3 earnings and revenues
• Positive Sentiment: The company plans approximately 250 system shop openings in 2027, supporting its longer-term expansion plans. Dutch Bros: 3 key takeaways
• Positive Sentiment: Citigroup lowered its price target to $64 but maintained a Buy rating; a separate analysis argues BROS may be undervalued after the results. Dutch Bros could be undervalued
• Neutral Sentiment: Dutch Bros unveiled its 2026 holiday menu, a product update that could support customer interest but is not yet shown to materially change the outlook. Dutch Bros unveils 2026 holiday menu
• Negative Sentiment: Investors focused on slowing Q3 traffic and a reduced EBITDA forecast, along with a cautious outlook for sales growth. Those concerns outweighed the quarterly earnings beat and drove a sharp post-results selloff. Shares drop as sales growth slows and EBITDA forecast is reduced
• Negative Sentiment: Several analysts cut price targets after the report, including RBC to $38 and Oppenheimer and BNP Paribas Exane to $54, reflecting a more cautious near-term view. Analysts cut forecasts after Q3 results
• Negative Sentiment: Chairman Travis Boersma and major shareholder DM Individual Aggregator sold substantial shareholdings. The sales were under pre-arranged trading plans, but may still weigh on sentiment. Insider share sales

About Dutch Bros

Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. The company is known for its made-to-order drinks, fast service and community-focused brand.

Its menu includes hot, iced and blended coffee beverages, along with specialty drinks such as energy drinks, teas, lemonades, smoothies and other noncoffee refreshments. Dutch Bros also offers packaged products and branded merchandise through select locations and digital channels.

Dutch Bros was founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma.