Dutch Bros (NYSE:BROS) Stock Price Target Lowered at Mizuho

Dutch Bros (NYSE:BROS) had its price objective reduced by Mizuho from $80.00 to $65.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have an outperform rating on the stock.

A number of other research analysts have also weighed in on the company. Weiss Ratings lowered Dutch Bros from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, October 23rd. Telsey Advisory Group raised their target price on Dutch Bros from $66.00 to $74.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Wells Fargo & Company decreased their target price on shares of Dutch Bros from $70.00 to $55.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 21st. Jefferies Financial Group lowered their price target on shares of Dutch Bros from $75.00 to $60.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 29th. Finally, Oppenheimer reiterated a “positive” rating on shares of Dutch Bros in a report on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Dutch Bros currently has a consensus rating of “Moderate Buy” and an average target price of $66.08.

Dutch Bros Trading Down 2.4%

NYSE BROS opened at $42.92 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.35 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $7.50 billion, a P/E ratio of 59.61, a P/E/G ratio of 1.37 and a beta of 2.31. Dutch Bros has a 52-week low of $36.51 and a 52-week high of $74.02. The firm has a 50-day moving average price of $42.55 and a 200 day moving average price of $53.43.

Dutch Bros (NYSE:BROS) last released its earnings results on Wednesday, August 5th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.04. The company had revenue of $550.85 million for the quarter, compared to analysts’ expectations of $525.38 million. Dutch Bros had a return on equity of 10.01% and a net margin of 4.91%. The firm’s quarterly revenue was up 32.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.26 EPS. Equities research analysts expect that Dutch Bros will post 0.88 EPS for the current year.

Insider Buying and Selling

In related news, major shareholder Dm Individual Aggregator, Llc sold 20,008 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $44.09, for a total value of $882,152.72. Following the completion of the transaction, the insider directly owned 2,198,060 shares of the company’s stock, valued at $96,912,465.40. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Todd Penegor acquired 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was purchased at an average cost of $51.56 per share, with a total value of $103,120.00. Following the completion of the purchase, the director directly owned 7,358 shares in the company, valued at $379,378.48. This represents a 37.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 823,928 shares of company stock worth $36,278,271 in the last quarter. Company insiders own 38.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP lifted its holdings in shares of Dutch Bros by 38.0% in the second quarter. Wellington Management Group LLP now owns 3,090,882 shares of the company’s stock valued at $221,956,000 after purchasing an additional 851,075 shares in the last quarter. Bank of America Corp DE grew its position in shares of Dutch Bros by 33.4% in the first quarter. Bank of America Corp DE now owns 1,814,815 shares of the company’s stock valued at $91,939,000 after purchasing an additional 454,036 shares during the last quarter. Hyperion Asset Management Ltd grew its position in shares of Dutch Bros by 104.4% in the third quarter. Hyperion Asset Management Ltd now owns 1,222,532 shares of the company’s stock valued at $47,141,000 after purchasing an additional 624,488 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Dutch Bros by 3.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,204,326 shares of the company’s stock worth $60,994,000 after purchasing an additional 37,683 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Dutch Bros by 58.1% during the 1st quarter. Bank of New York Mellon Corp now owns 1,044,545 shares of the company’s stock worth $52,917,000 after purchasing an additional 384,011 shares in the last quarter. Hedge funds and other institutional investors own 85.54% of the company’s stock.

Key Dutch Bros News

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

• Positive Sentiment: Dutch Bros continues expanding its drive-thru footprint and is reportedly entering three additional cities. Continued unit growth supports the company’s long-term revenue opportunity, although expansion also requires substantial investment. Dutch Bros is expanding to 3 cities
• Positive Sentiment: Mizuho retained its “outperform” rating and set a revised $65 price target, which remains materially above the referenced share price. The continued bullish rating suggests the analyst sees growth potential despite the target reduction. Mizuho changes Dutch Bros price target
• Neutral Sentiment: Dutch Bros is attracting elevated attention on Zacks, but the report primarily recaps factors investors should monitor rather than announcing a new catalyst. Dutch Bros attracting investor attention
• Neutral Sentiment: Recent comparisons with Monster Beverage and Wendy’s focus on Dutch Bros’ faster expansion versus competitors’ profitability, distribution, or turnaround prospects. These articles may raise visibility but do not change the company’s fundamentals. Dutch Bros versus Monster Beverage
• Neutral Sentiment: The company raised $160,000 for an Oregon elementary school. The effort is favorable for community goodwill but is unlikely to materially affect earnings or valuation. Dutch Bros raises $160,000
• Negative Sentiment: Mizuho lowered its price target from $80 to $65. Although the analyst remains positive, the 19% target reduction may weigh on sentiment and signals more cautious expectations for valuation or growth. Mizuho lowers Dutch Bros price target
• Negative Sentiment: A vehicle crashed into the Fair Oaks location, temporarily closing the store. The incident appears isolated, but could cause short-term disruption and repair costs. Fair Oaks Dutch Bros closed after crash

Dutch Bros Company Profile

Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. The company is known for its made-to-order drinks, fast service and community-focused brand.

Its menu includes hot, iced and blended coffee beverages, along with specialty drinks such as energy drinks, teas, lemonades, smoothies and other noncoffee refreshments. Dutch Bros also offers packaged products and branded merchandise through select locations and digital channels.

Dutch Bros was founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma.