Black Rock Coffee Bar (NASDAQ:BRCB) Shares Down 5.3% – Should You Sell?

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB)’s stock price fell 5.3% during mid-day trading on Monday . The company traded as low as $14.03 and last traded at $14.15. 90,772 shares changed hands during trading, a decline of 83% from the average session volume of 523,410 shares. The stock had previously closed at $14.94.

Analyst Ratings Changes

BRCB has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research note on Monday, December 29th. Morgan Stanley lowered their price objective on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating for the company in a research report on Tuesday. DA Davidson began coverage on Black Rock Coffee Bar in a research note on Friday, March 6th. They set a “buy” rating and a $21.00 price target on the stock. Finally, Raymond James Financial dropped their price objective on Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $21.00.

Black Rock Coffee Bar Price Performance

The company has a 50 day moving average of $14.37. The stock has a market cap of $673.25 million and a PE ratio of -1,345.00. 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:BRCB) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm had revenue of $53.64 million for the quarter, compared to analyst estimates of $53.70 million. On average, equities analysts predict that Black Rock Coffee Bar, Inc. will post 0.3 earnings per share for the current year.

Hedge Funds Weigh In On Black Rock Coffee Bar

Several large investors have recently bought and sold shares of BRCB. Invesco Ltd. purchased a new stake in Black Rock Coffee Bar during the 3rd quarter worth about $19,074,000. Woodline Partners LP purchased a new position in shares of Black Rock Coffee Bar in the 3rd quarter valued at about $12,445,000. Ameriprise Financial Inc. acquired a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth about $12,351,000. Wellington Management Group LLP lifted its stake in Black Rock Coffee Bar by 107.8% during the fourth quarter. Wellington Management Group LLP now owns 943,524 shares of the company’s stock worth $20,993,000 after purchasing an additional 489,559 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in Black Rock Coffee Bar by 31,676.4% during the fourth quarter. Franklin Resources Inc. now owns 482,048 shares of the company’s stock worth $10,726,000 after purchasing an additional 480,531 shares during the last quarter.

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.