Black Rock Coffee Bar (NASDAQ:BRCB) Given New $18.00 Price Target at Stifel Nicolaus

Black Rock Coffee Bar (NASDAQ:BRCB) had its price objective cut by Stifel Nicolaus from $27.00 to $18.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target would indicate a potential upside of 95.48% from the company’s previous close.

Several other analysts have also issued reports on the company. DA Davidson reduced their target price on Black Rock Coffee Bar from $21.00 to $16.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Morgan Stanley dropped 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 report on Tuesday, April 21st. Finally, Raymond James Financial decreased their price objective on Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $19.00.

Black Rock Coffee Bar Stock Performance

Shares of BRCB opened at $9.21 on Wednesday. The firm has a market cap of $460.92 million and a P/E ratio of -947.50. The firm’s 50 day moving average price is $14.06 and its two-hundred day moving average price is $18.08. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.96 and a current ratio of 1.04. Black Rock Coffee Bar has a twelve month low of $10.62 and a twelve month high of $30.40.

Black Rock Coffee Bar (NASDAQ:BRCB) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). The business had revenue of $55.45 million for the quarter. On average, analysts forecast that Black Rock Coffee Bar will post 0.3 EPS for the current fiscal year.

Institutional Trading of Black Rock Coffee Bar

Several institutional investors and hedge funds have recently modified their holdings of BRCB. Russell Investments Group Ltd. purchased a new stake in Black Rock Coffee Bar in the 4th quarter valued at $29,000. Franklin Resources Inc. purchased a new position in shares of Black Rock Coffee Bar in the 3rd quarter worth approximately $36,000. Roxbury Financial LLC bought a new position in shares of Black Rock Coffee Bar in the fourth quarter valued at approximately $39,000. FNY Investment Advisers LLC bought a new stake in Black Rock Coffee Bar during the third quarter worth $50,000. Finally, Strs Ohio purchased a new position in Black Rock Coffee Bar in the fourth quarter worth $65,000.

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.