Dutch Bros (NYSE:BROS) Given Buy Rating at TD Cowen

by · The Markets Daily

Dutch Bros (NYSE:BROS – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at TD Cowen in a research note issued on Friday, Marketbeat Ratings reports. They presently have a $59.00 target price on the stock. TD Cowen’s price objective indicates a potential upside of 46.79% from the stock’s current price.

A number of other analysts have also recently issued reports on the company. Citigroup reissued a “buy” rating on shares of Dutch Bros in a research report on Thursday, August 6th. Freedom Capital raised Dutch Bros to a “strong-buy” rating in a research report on Wednesday, July 1st. Stephens reiterated an “overweight” rating and issued a $80.00 price objective on shares of Dutch Bros in a research note on Thursday, August 6th. UBS Group reaffirmed a “neutral” rating on shares of Dutch Bros in a report on Thursday, September 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Dutch Bros in a research note on Friday, July 17th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $76.45.

Read Our Latest Research Report on BROS

Dutch Bros Trading Down 2.8%

NYSE BROS opened at $40.19 on Friday. The firm’s fifty day moving average price is $54.70 and its 200 day moving average price is $56.03. Dutch Bros has a 12 month low of $40.11 and a 12 month high of $74.02. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.35 and a quick ratio of 1.19. The company has a market capitalization of $7.02 billion, a price-to-earnings ratio of 55.82, a price-to-earnings-growth ratio of 1.48 and a beta of 2.28.

Dutch Bros (NYSE:BROS – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.04. The firm had revenue of $550.85 million during the quarter, compared to analysts’ expectations of $525.38 million. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. Dutch Bros’s quarterly revenue was up 32.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.26 earnings per share. On average, sell-side analysts expect that Dutch Bros will post 0.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Todd Penegor bought 2,000 shares of the stock in a transaction on Thursday, August 13th. The shares were bought at an average cost of $51.56 per share, for a total transaction of $103,120.00. Following the completion of the transaction, the director owned 7,358 shares of the company’s stock, valued at $379,378.48. This represents a 37.33% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 38.90% of the company’s stock.

Institutional Investors Weigh In On Dutch Bros

A number of institutional investors and hedge funds have recently modified their holdings of the company. Westfield Capital Management Co. LP purchased a new position in shares of Dutch Bros during the 4th quarter worth about $108,948,000. Norges Bank acquired a new position in Dutch Bros during the fourth quarter worth approximately $96,951,000. Interval Partners LP acquired a new position in Dutch Bros during the fourth quarter worth approximately $57,276,000. Wellington Management Group LLP raised its stake in Dutch Bros by 38.0% during the second quarter. Wellington Management Group LLP now owns 3,090,882 shares of the company’s stock worth $221,956,000 after purchasing an additional 851,075 shares during the period. Finally, Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of Dutch Bros in the 1st quarter valued at $33,569,000. Institutional investors and hedge funds own 85.54% of the company’s stock.

Key Stories Impacting Dutch Bros

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

  • Positive Sentiment: Expansion remains a key growth driver. Dutch Bros reportedly plans a third Daytona-area location, received approval for an East Side drive-thru after a lengthy zoning process, and has a first Salinas location seeking a building permit. The company also plans to open an Augusta, Georgia, drive-thru by year-end. These developments support continued store-count growth and broader market penetration. Third Daytona-area location East Side drive-thru approval Salinas building permit Augusta drive-thru
  • Positive Sentiment: Recent commentary highlights Dutch Bros’ market-share gains, shop expansion, digital adoption and improved 2026 guidance as reasons the company may continue to grow. Dutch Bros stock analysis
  • Neutral Sentiment: Dutch Bros will hold its 20th annual Buck for Kids Day and donate $1 per drink to the High Plains Food Bank’s Kids Cafe. The events may strengthen community goodwill and brand awareness, but they are unlikely to materially affect near-term earnings. Buck for Kids Day High Plains Food Bank donation
  • Negative Sentiment: Valuation is a significant risk: analysis flags a roughly 38.45-times price-to-earnings multiple, while higher operating costs could limit the benefit of revenue growth. The stock’s recent decline reflects investor caution toward paying a premium for future expansion. BROS valuation analysis
  • Negative Sentiment: Strong customer turnout at a new 7 Brew location, including long opening-day lines, underscores competitive pressure in the specialty drive-thru coffee category and could weigh on sentiment toward BROS. 7 Brew soft opening

About Dutch Bros

(Get Free Report)

Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company has expanded from a single coffee cart into a national chain with locations in more than 20 states.

Dutch Bros’ menu includes specialty espresso-based coffees, cold brew, teas, Dutch Bros Blue Rebel energy drinks, smoothies, lemonades, sodas and other flavored beverages. Its shops emphasize drive-thru convenience, customizable drinks and customer-focused service, with some locations also offering walk-up windows or limited indoor seating.

The company combines company-operated shops with franchised locations, although its growth strategy has increasingly emphasized company-operated stores.

Further Reading