Black Rock Coffee Bar (NASDAQ:BRCB) Hits New 52-Week Low – Here’s What Happened

Black Rock Coffee Bar, Inc. (NASDAQ:BRCBGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $11.03 and last traded at $11.1150, with a volume of 39981 shares. The stock had previously closed at $11.48.

Analyst Upgrades and Downgrades

BRCB has been the topic of several research analyst reports. DA Davidson cut their target price on shares of Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday. Stifel Nicolaus cut their target price on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating on the stock in a research note on Wednesday. Raymond James Financial cut their target price on shares of Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 21st. Finally, Morgan Stanley cut their target price on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Black Rock Coffee Bar presently has an average rating of “Moderate Buy” and a consensus target price of $18.75.

Get Our Latest Analysis on BRCB

Black Rock Coffee Bar Stock Performance

The business’s 50 day simple moving average is $13.93 and its two-hundred day simple moving average is $17.95. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of 0.25.

Black Rock Coffee Bar (NASDAQ:BRCBGet Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The business had revenue of $55.45 million for the quarter. Equities research analysts predict that Black Rock Coffee Bar, Inc. will post 0.3 EPS for the current year.

Institutional Trading of Black Rock Coffee Bar

Institutional investors and hedge funds have recently made changes to their positions in the company. Ares Management LLC purchased a new stake in shares of Black Rock Coffee Bar in the third quarter valued at about $5,981,000. Federated Hermes Inc. purchased a new stake in shares of Black Rock Coffee Bar in the third quarter valued at about $2,982,000. Monashee Investment Management LLC purchased a new stake in shares of Black Rock Coffee Bar in the third quarter valued at about $2,386,000. Emerald Mutual Fund Advisers Trust purchased a new stake in shares of Black Rock Coffee Bar in the third quarter valued at about $4,023,000. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of Black Rock Coffee Bar in the third quarter valued at about $1,718,000.

Black Rock Coffee Bar Company Profile

(Get Free Report)

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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