Black Rock Coffee Bar’s (BRCB) Neutral Rating Reiterated at Robert W. Baird

Robert W. Baird reissued their neutral rating on shares of Black Rock Coffee Bar (NASDAQ:BRCB) in a report issued on Monday morning, MarketBeat.com reports. Robert W. Baird currently has a $10.00 price target on the stock, down from their prior price target of $12.00.

Other research analysts have also recently issued research reports about the company. Weiss Ratings upgraded Black Rock Coffee Bar from a “sell (e)” rating to a “sell (d-)” rating in a research report on Thursday, June 11th. Piper Sandler initiated coverage on shares of Black Rock Coffee Bar in a research report on Monday, June 8th. They issued a “neutral” rating and a $9.00 price objective on the stock. Morgan Stanley cut shares of Black Rock Coffee Bar from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $22.00 to $9.00 in a research note on Wednesday, July 15th. Stifel Nicolaus dropped their target price on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Finally, DA Davidson dropped their target price on shares of Black Rock Coffee Bar from $15.00 to $10.00 and set a “buy” rating for the company in a report on Wednesday, August 12th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $11.50.

Black Rock Coffee Bar Stock Performance

BRCB opened at $9.12 on Monday. The stock has a market cap of $456.64 million and a P/E ratio of 130.30. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.71 and a quick ratio of 0.62. The stock’s 50 day simple moving average is $8.05 and its 200 day simple moving average is $10.64. Black Rock Coffee Bar has a 1-year low of $6.11 and a 1-year high of $30.40.

Black Rock Coffee Bar (NASDAQ:BRCB) last issued its quarterly earnings data on Tuesday, August 11th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01). The firm had revenue of $63.00 million for the quarter. Black Rock Coffee Bar had a return on equity of 1.46% and a net margin of 0.69%. As a group, equities analysts anticipate that Black Rock Coffee Bar will post 0.21 EPS for the current fiscal year.

Hedge Funds Weigh In On Black Rock Coffee Bar

Hedge funds have recently bought and sold shares of the stock. Emerald Advisers LLC boosted its stake in shares of Black Rock Coffee Bar by 22.4% during the 1st quarter. Emerald Advisers LLC now owns 749,626 shares of the company’s stock worth $9,685,000 after purchasing an additional 137,133 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Black Rock Coffee Bar by 50.1% during the first quarter. Bank of New York Mellon Corp now owns 1,161,703 shares of the company’s stock worth $15,009,000 after buying an additional 387,553 shares in the last quarter. Emerald Mutual Fund Advisers Trust raised its position in shares of Black Rock Coffee Bar by 29.0% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 453,734 shares of the company’s stock valued at $5,862,000 after buying an additional 101,945 shares during the last quarter. Jennison Associates LLC raised its position in shares of Black Rock Coffee Bar by 59.9% in the first quarter. Jennison Associates LLC now owns 583,806 shares of the company’s stock valued at $7,543,000 after buying an additional 218,692 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Black Rock Coffee Bar by 179.4% during the first quarter. Renaissance Technologies LLC now owns 207,600 shares of the company’s stock valued at $2,682,000 after buying an additional 133,296 shares during the period.

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.