Dutch Bros (NYSE:BROS) Stock Gets Price Target Reduction from KeyCorp

Dutch Bros (NYSE:BROS) had its price objective lowered by KeyCorp from $79.00 to $59.00 in a research note issued to investors on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Other equities analysts have also recently issued reports about the company. UBS Group restated a “neutral” rating on shares of Dutch Bros in a report on Thursday, September 10th. DA Davidson cut their target price on Dutch Bros from $85.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday, September 28th. Royal Bank Of Canada downgraded Dutch Bros from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $70.00 to $46.00 in a report on Thursday. Morgan Stanley reduced their target price on Dutch Bros from $88.00 to $71.00 and set an “overweight” rating for the company in a report on Thursday, October 15th. Finally, TD Cowen decreased their price target on Dutch Bros from $59.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.44.

Dutch Bros Trading Up 0.2%

Shares of NYSE:BROS opened at $41.57 on Friday. The stock has a market capitalization of $7.26 billion, a price-to-earnings ratio of 57.74, a PEG ratio of 1.47 and a beta of 2.31. Dutch Bros has a 1-year low of $36.51 and a 1-year high of $74.02. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.19 and a current ratio of 1.35. The company has a 50 day moving average price of $43.17 and a 200 day moving average price of $53.93.

Dutch Bros (NYSE:BROS) last posted its quarterly 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 firm had revenue of $550.85 million for the quarter, compared to analyst estimates of $525.38 million. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The firm’s quarterly revenue was up 32.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.26 earnings per share. On average, research analysts anticipate that Dutch Bros will post 0.88 EPS for the current fiscal year.

Insider Transactions at Dutch Bros

In related news, Director Todd Penegor purchased 2,000 shares of Dutch Bros stock in a transaction dated Thursday, August 13th. The stock was acquired at an average cost of $51.56 per share, with a total value of $103,120.00. Following the completion of the transaction, the director directly owned 7,358 shares of the company’s stock, valued at $379,378.48. This trade represents a 37.33% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Dm Individual Aggregator, Llc sold 50,709 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $44.01, for a total transaction of $2,231,703.09. Following the sale, the insider owned 2,360,091 shares of the company’s stock, valued at approximately $103,867,604.91. This represents a 2.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 38.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. MN Wealth Advisors LLC purchased a new stake in Dutch Bros in the 3rd quarter worth approximately $215,000. Signaturefd LLC boosted its stake in shares of Dutch Bros by 99.2% during the 3rd quarter. Signaturefd LLC now owns 3,064 shares of the company’s stock valued at $118,000 after buying an additional 1,526 shares during the period. Taylor Frigon Capital Management LLC boosted its stake in shares of Dutch Bros by 36.3% during the 3rd quarter. Taylor Frigon Capital Management LLC now owns 62,864 shares of the company’s stock valued at $2,424,000 after buying an additional 16,741 shares during the period. Gibbs Wealth Management boosted its stake in shares of Dutch Bros by 5.4% during the 3rd quarter. Gibbs Wealth Management now owns 8,827 shares of the company’s stock valued at $340,000 after buying an additional 456 shares during the period. Finally, Wedbush Securities Inc. grew its holdings in shares of Dutch Bros by 32.3% during the 3rd quarter. Wedbush Securities Inc. now owns 10,419 shares of the company’s stock valued at $402,000 after acquiring an additional 2,542 shares in the last quarter. Institutional investors and hedge funds own 85.54% of the company’s stock.

More Dutch Bros News

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

• Positive Sentiment: KeyCorp lowered its price target from $79 to $59 but maintained an “overweight” rating. The new target still implies substantial upside from recent trading levels, indicating that KeyCorp believes the recent selloff may have created an opportunity. KeyCorp Dutch Bros analyst rating
• Positive Sentiment: Dutch Bros continues expanding its drive-thru footprint, including a Peoria, Illinois, opening this weekend and a Wichita Falls, Texas, location planned for 2027. New stores support the company’s long-term revenue-growth strategy. Dutch Bros Coffee coming to Wichita Falls in 2027
• Neutral Sentiment: Dutch Bros locations in Oregon are donating part of Friday’s proceeds to Silver Rail Elementary following a deadly shooting. The initiative may strengthen community goodwill and brand engagement, but it is unlikely to materially affect near-term financial results. Oregon Dutch Bros giveback supports Silver Rail school community
• Negative Sentiment: RBC downgraded BROS from “outperform” to “sector perform” and reduced its price target from $70 to $46, citing the likelihood of heavier competition in 2027. TD Cowen and Citigroup also issued more cautious forecasts, adding to selling pressure. RBC downgrades Dutch Bros
• Negative Sentiment: Chairman Travis Boersma sold approximately $6.4 million of shares, and major shareholder DM Individual Aggregator sold about $2.2 million. Both transactions were made under pre-arranged Rule 10b5-1 plans, reducing their informational significance, but the sales may still weigh on investor sentiment.

About Dutch Bros

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.