Jessica Michele Wegener-Beyer Buys 3,098 Shares of Black Rock Coffee Bar (NASDAQ:BRCB) Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) CMO Jessica Michele Wegener-Beyer acquired 3,098 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were purchased at an average price of $6.46 per share, for a total transaction of $20,013.08. Following the purchase, the chief marketing officer directly owned 3,098 shares of the company’s stock, valued at $20,013.08. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Black Rock Coffee Bar Trading Up 3.5%

Shares of NASDAQ BRCB opened at $6.81 on Friday. The stock’s 50 day moving average price is $12.63 and its two-hundred day moving average price is $17.11. Black Rock Coffee Bar, Inc. has a 52-week low of $6.13 and a 52-week high of $30.40. The stock has a market capitalization of $340.91 million and a P/E ratio of 681.00. The company has a quick ratio of 0.77, a current ratio of 0.87 and a debt-to-equity ratio of 0.25.

Black Rock Coffee Bar (NASDAQ:BRCB) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). The business had revenue of $55.45 million during the quarter. On average, analysts anticipate that Black Rock Coffee Bar, Inc. will post 0.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on BRCB. Raymond James Financial cut their price objective on Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 21st. DA Davidson cut their price objective on Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Stifel Nicolaus cut their price objective on Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Finally, Morgan Stanley cut their price objective on Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Black Rock Coffee Bar has an average rating of “Moderate Buy” and an average target price of $18.75.

Institutional Trading of Black Rock Coffee Bar

A number of institutional investors and hedge funds have recently made changes to their positions in BRCB. Emerald Mutual Fund Advisers Trust acquired a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth approximately $4,023,000. Federated Hermes Inc. acquired a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth approximately $2,982,000. WCM Investment Management LLC acquired a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth approximately $7,422,000. JPMorgan Chase & Co. acquired a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth approximately $737,000. Finally, Vanguard Group Inc. acquired a new stake in shares of Black Rock Coffee Bar during the 3rd quarter worth approximately $2,028,000.

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.