Black Rock Coffee Bar (NASDAQ:BRCB) Earns Buy Rating from Analysts at DA Davidson

Equities researchers at DA Davidson initiated coverage on shares of Black Rock Coffee Bar (NASDAQ:BRCB) in a research note issued to investors on Friday,Benzinga reports. The firm set a “buy” rating and a $21.00 price target on the stock. DA Davidson’s price target indicates a potential upside of 27.66% from the company’s current price.

A number of other analysts have also recently commented on BRCB. Weiss Ratings reiterated a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research report on Monday, December 29th. Raymond James Financial decreased their price target on shares of Black Rock Coffee Bar from $28.00 to $26.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $23.50.

Black Rock Coffee Bar Price Performance

Shares of Black Rock Coffee Bar stock opened at $16.45 on Friday. Black Rock Coffee Bar has a 1 year low of $11.51 and a 1 year high of $30.40. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.37 and a quick ratio of 1.29. The stock’s 50 day moving average is $17.26. The firm has a market cap of $823.49 million and a P/E ratio of -329.00.

Black Rock Coffee Bar (NASDAQ:BRCB) last released its quarterly earnings results on Tuesday, March 3rd. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. The company had revenue of $53.64 million for the quarter, compared to analysts’ expectations of $53.70 million.

Hedge Funds Weigh In On Black Rock Coffee Bar

Institutional investors have recently added to or reduced their stakes in the business. Federated Hermes Inc. acquired a new position in shares of Black Rock Coffee Bar in the 3rd quarter valued at $2,982,000. Emerald Mutual Fund Advisers Trust purchased a new position in shares of Black Rock Coffee Bar in the 3rd quarter worth $4,023,000. Monashee Investment Management LLC acquired a new position in Black Rock Coffee Bar in the third quarter valued at $2,386,000. WCM Investment Management LLC acquired a new position in Black Rock Coffee Bar in the third quarter valued at $7,422,000. Finally, FNY Investment Advisers LLC purchased a new stake in Black Rock Coffee Bar during the third quarter valued at about $50,000.

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.