Black Rock Coffee Bar (NASDAQ:BRCB) Stock Price Target Raised at DA Davidson

Black Rock Coffee Bar (NASDAQ:BRCB) had its price objective boosted by DA Davidson from $10.00 to $13.00 in a research note issued to investors on Wednesday,Benzinga reports. DA Davidson currently has a buy rating on the stock.

Several other analysts have also issued reports on the company. Raymond James Financial set a $13.00 price objective on Black Rock Coffee Bar in a research note on Wednesday, August 12th. Morgan Stanley downgraded Black Rock Coffee Bar from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $22.00 to $9.00 in a research note on Wednesday, July 15th. Zacks Research lowered Black Rock Coffee Bar from a “hold” rating to a “strong sell” rating in a report on Thursday, October 15th. Weiss Ratings upgraded Black Rock Coffee Bar from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, October 2nd. Finally, Robert W. Baird increased their price target on Black Rock Coffee Bar from $8.00 to $10.00 and gave the company a “neutral” rating in a research note on Wednesday. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.00.

Black Rock Coffee Bar Trading Down 17.1%

Shares of NASDAQ:BRCB opened at $8.76 on Wednesday. The company’s 50-day moving average price is $8.52 and its two-hundred day moving average price is $10.32. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.71 and a quick ratio of 0.62. Black Rock Coffee Bar has a one year low of $6.11 and a one year high of $25.19. The stock has a market capitalization of $438.61 million, a PE ratio of 51.53 and a beta of -0.92.

Black Rock Coffee Bar (NASDAQ:BRCB) last released its quarterly earnings data on Tuesday, November 10th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.03). Black Rock Coffee Bar had a net margin of 1.58% and a return on equity of 3.53%. The company had revenue of $66.75 million during the quarter. On average, equities analysts forecast that Black Rock Coffee Bar will post 0.23 EPS for the current fiscal year.

Hedge Funds Weigh In On Black Rock Coffee Bar

A number of large investors have recently made changes to their positions in the company. Stoic Point Capital Management LLC bought a new stake in shares of Black Rock Coffee Bar in the third quarter valued at about $1,379,000. Russell Investments Group Ltd. raised its stake in Black Rock Coffee Bar by 1,199.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 84,329 shares of the company’s stock worth $601,000 after purchasing an additional 77,841 shares in the last quarter. Alkeme Wealth LLC bought a new stake in Black Rock Coffee Bar in the 3rd quarter valued at about $214,000. BlueCrest Capital Management Ltd bought a new stake in Black Rock Coffee Bar in the 2nd quarter valued at about $166,000. Finally, Engineers Gate Manager LP grew its position in shares of Black Rock Coffee Bar by 172.0% during the 2nd quarter. Engineers Gate Manager LP now owns 59,909 shares of the company’s stock worth $497,000 after purchasing an additional 37,880 shares in the last quarter.

Latest Black Rock Coffee Bar News

Investors following BRCB have been watching these news items:

• Positive Sentiment: Management expects Q4 adjusted EBITDA growth of more than 30% and raised its 2026 new-store opening target from 38 to 40, signaling confidence in growth and operating performance. Article: Black Rock Coffee Bar expects more than 30% Q4 adjusted EBITDA growth while raising 2026 openings to 40
• Positive Sentiment: Third-quarter revenue increased 29.7% year over year to about $66.8 million, same-store sales rose 5.8%, and the company opened 11 stores. It also moved from a year-ago loss to a profit. Article: Black Rock Coffee Bar reports third-quarter 2026 results
• Neutral Sentiment: Full-year 2026 revenue guidance of $255 million–$257 million is broadly in line with the $255.4 million consensus estimate. Baird raised its target to $10 but kept a Neutral rating. Article: Robert W. Baird raises Black Rock Coffee Bar price target

Black Rock Coffee Bar Company Profile

Black Rock Coffee Bar is a specialty coffee company that operates cafés focused on handcrafted beverages and customer service. The company was founded in 2008 in Beaverton, Oregon. Its menu includes coffee and espresso drinks, teas, blended beverages, energy drinks and food items. Many locations offer drive-through service, alongside in-store ordering. Black Rock Coffee Bar serves customers across several western and southwestern U.S. states, including Oregon, Arizona, Washington, Colorado and Texas.