Black Rock Coffee Bar (NASDAQ:BRCB) Given New $13.00 Price Target at DA Davidson

Black Rock Coffee Bar (NASDAQ:BRCB) had its target price upped by equities research analysts at DA Davidson from $10.00 to $13.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. DA Davidson‘s price target would indicate a potential upside of 44.12% from the company’s previous close.

Other research analysts have also issued reports about the stock. Stifel Nicolaus started coverage on shares of Black Rock Coffee Bar in a report on Monday. They issued a “hold” rating and a $12.00 target price for the company. Morgan Stanley lowered shares of Black Rock Coffee Bar from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $22.00 to $9.00 in a research report on Wednesday, July 15th. Raymond James Financial set a $13.00 price objective on shares of Black Rock Coffee Bar in a research note on Wednesday, August 12th. Weiss Ratings upgraded shares of Black Rock Coffee Bar from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, October 2nd. Finally, Robert W. Baird upped their target price on shares of Black Rock Coffee Bar from $8.00 to $10.00 and gave the company a “neutral” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $11.00.

Black Rock Coffee Bar Price Performance

Shares of NASDAQ:BRCB traded down $1.55 during mid-day trading on Wednesday, reaching $9.02. The stock had a trading volume of 578,132 shares, compared to its average volume of 504,135. The business’s 50 day moving average price is $8.53 and its 200 day moving average price is $10.36. Black Rock Coffee Bar has a 1 year low of $6.11 and a 1 year high of $25.19. The company has a market cap of $451.63 million, a P/E ratio of 128.30 and a beta of -0.92. The company has a current ratio of 0.71, a quick ratio of 0.62 and a debt-to-equity ratio of 0.27.

Black Rock Coffee Bar (NASDAQ:BRCB) last released its quarterly earnings results on Tuesday, November 10th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.03). Black Rock Coffee Bar had a net margin of 0.69% and a return on equity of 1.46%. The firm had revenue of $66.75 million for the quarter. Research analysts expect that Black Rock Coffee Bar will post 0.20 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BRCB. Bank of New York Mellon Corp increased its position in shares of Black Rock Coffee Bar by 50.1% during the first quarter. Bank of New York Mellon Corp now owns 1,161,703 shares of the company’s stock worth $15,009,000 after acquiring an additional 387,553 shares during the period. Jennison Associates LLC lifted its stake in shares of Black Rock Coffee Bar by 59.9% during the 1st quarter. Jennison Associates LLC now owns 583,806 shares of the company’s stock worth $7,543,000 after purchasing an additional 218,692 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Black Rock Coffee Bar by 179.4% during the first quarter. Renaissance Technologies LLC now owns 207,600 shares of the company’s stock valued at $2,682,000 after buying an additional 133,296 shares during the last quarter. Stoic Point Capital Management LLC bought a new stake in shares of Black Rock Coffee Bar in the 3rd quarter valued at about $1,379,000. Finally, Bank of America Corp DE grew its position in shares of Black Rock Coffee Bar by 1.9% in the 1st quarter. Bank of America Corp DE now owns 143,896 shares of the company’s stock worth $1,859,000 after buying an additional 2,631 shares during the last quarter.

Top Black Rock Coffee Bar Stories

Here are a few of the latest stories about BRCB:

• Positive Sentiment: Revenue rose 29.7% year over year to about $66.8 million, same-store sales grew 5.8%, and the company opened 11 stores during the quarter. Management also raised its 2026 store-opening outlook from 38 to 40. Black Rock Coffee Bar Q3 2026 results
• Neutral Sentiment: Full-year 2026 revenue guidance of $255 million to $257 million was broadly in line with the roughly $255.4 million analyst consensus. Baird raised its price target from $8 to $10 but maintained a neutral rating. Three key takeaways for long-term investors
• Negative Sentiment: Q3 EPS of $0.05 missed the $0.08 consensus, while revenue also trailed estimates. Operating profit was $2.8 million and net income attributable to common shareholders was $1.5 million; capital spending of $16.6 million exceeded $9.9 million of operating cash flow. Black Rock Coffee Bar misses Q3 estimates

Black Rock Coffee Bar Company Profile

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.