Black Rock Coffee Bar, Inc. (NASDAQ:BRCB – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as $18.77 and last traded at $19.19, with a volume of 60718 shares traded. The stock had previously closed at $19.58.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the company. Zacks Research raised Black Rock Coffee Bar to a “hold” rating in a report on Wednesday, October 8th. Raymond James Financial reaffirmed an “outperform” rating and issued a $28.00 price objective (up previously from $26.00) on shares of Black Rock Coffee Bar in a report on Thursday, October 16th. Finally, Weiss Ratings restated a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $28.00.
Get Our Latest Analysis on Black Rock Coffee Bar
Black Rock Coffee Bar Stock Down 4.6%
Black Rock Coffee Bar (NASDAQ:BRCB – Get Free Report) last issued its quarterly earnings results on Tuesday, November 11th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.19. The business had revenue of $51.47 million during the quarter, compared to analyst estimates of $51.03 million.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of BRCB. CenterStar Asset Management LLC bought a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth $209,000. Emerald Mutual Fund Advisers Trust purchased a new stake in shares of Black Rock Coffee Bar during the third quarter valued at $4,023,000. Federated Hermes Inc. acquired a new position in shares of Black Rock Coffee Bar in the 3rd quarter valued at $2,982,000. WCM Investment Management LLC purchased a new position in Black Rock Coffee Bar in the 3rd quarter worth about $7,422,000. Finally, JPMorgan Chase & Co. acquired a new stake in Black Rock Coffee Bar during the 3rd quarter worth about $737,000.
About Black Rock Coffee Bar
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.
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