Black Rock Coffee Bar (NASDAQ:BRCB) Stock Price Down 6.9% – Should You Sell?

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) dropped 6.9% during mid-day trading on Friday . The company traded as low as $19.56 and last traded at $19.57. Approximately 201,896 shares were traded during trading, a decline of 36% from the average daily volume of 314,887 shares. The stock had previously closed at $21.01.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Raymond James Financial reissued an “outperform” rating and issued a $28.00 target price (up previously from $26.00) on shares of Black Rock Coffee Bar in a report on Thursday, October 16th. Weiss Ratings reiterated a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research note on Monday, December 29th. Finally, Zacks Research upgraded shares of Black Rock Coffee Bar to a “hold” rating in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Black Rock Coffee Bar presently has a consensus rating of “Hold” and a consensus price target of $28.00.

Black Rock Coffee Bar Price Performance

The company has a 50-day moving average price of $22.42. The firm has a market cap of $989.69 million and a PE ratio of -395.40. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 1.37.

Black Rock Coffee Bar (NASDAQ:BRCB) last issued its earnings results on Tuesday, November 11th. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.19. The company had revenue of $51.47 million for the quarter, compared to the consensus estimate of $51.03 million.

Institutional Trading of Black Rock Coffee Bar

Hedge funds have recently made changes to their positions in the business. Roxbury Financial LLC purchased a new position in Black Rock Coffee Bar in the fourth quarter worth about $39,000. JPMorgan Chase & Co. bought a new position in shares of Black Rock Coffee Bar during the 3rd quarter valued at approximately $737,000. Tudor Investment Corp ET AL purchased a new stake in Black Rock Coffee Bar during the 3rd quarter valued at $1,718,000. FNY Investment Advisers LLC bought a new stake in Black Rock Coffee Bar in the third quarter worth $50,000. Finally, Hudson Bay Capital Management LP bought a new stake in shares of Black Rock Coffee Bar in the 3rd quarter worth about $636,000.

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.