Tudor Investment Corp ET AL Purchases New Position in Black Rock Coffee Bar, Inc. $BRCB

Tudor Investment Corp ET AL acquired a new position in Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 72,000 shares of the company’s stock, valued at approximately $1,718,000. Tudor Investment Corp ET AL owned about 0.14% of Black Rock Coffee Bar as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Invesco Ltd. bought a new stake in shares of Black Rock Coffee Bar in the 3rd quarter worth $19,074,000. Woodline Partners LP bought a new position in shares of Black Rock Coffee Bar during the third quarter valued at $12,445,000. Ameriprise Financial Inc. purchased a new stake in shares of Black Rock Coffee Bar during the third quarter valued at $12,351,000. Wellington Management Group LLP purchased a new stake in shares of Black Rock Coffee Bar during the third quarter valued at $10,832,000. Finally, Raymond James Financial Inc. bought a new stake in Black Rock Coffee Bar in the 3rd quarter worth about $9,726,000.

Black Rock Coffee Bar Price Performance

BRCB stock opened at $12.27 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.25. Black Rock Coffee Bar, Inc. has a 1 year low of $11.51 and a 1 year high of $30.40. The stock has a market cap of $614.19 million and a P/E ratio of -1,227.00. The business has a fifty day moving average price of $15.23.

Black Rock Coffee Bar (NASDAQ:BRCB) last posted its quarterly earnings data on Tuesday, March 3rd. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The firm had revenue of $53.64 million for the quarter, compared to analysts’ expectations of $53.70 million.

Analyst Upgrades and Downgrades

BRCB has been the subject of a number of recent analyst reports. DA Davidson initiated coverage on Black Rock Coffee Bar in a research report on Friday, March 6th. They issued a “buy” rating and a $21.00 target price for the company. Raymond James Financial reduced their price target on shares of Black Rock Coffee Bar from $28.00 to $26.00 and set an “outperform” rating for the company in a research note on Wednesday, January 21st. Finally, Weiss Ratings reissued a “sell (e-)” rating on shares of Black Rock Coffee Bar in a report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Black Rock Coffee Bar currently has a consensus rating of “Hold” and a consensus price target of $23.50.

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.