Dutch Bros’ (BROS) “Buy” Rating Reiterated at TD Cowen

TD Cowen restated their buy rating on shares of Dutch Bros (NYSE:BROS) in a report issued on Friday morning,Benzinga reports. They currently have a $73.00 price objective on the stock.

BROS has been the subject of a number of other research reports. UBS Group restated a “buy” rating on shares of Dutch Bros in a report on Monday, February 9th. Piper Sandler lowered their target price on shares of Dutch Bros from $73.00 to $63.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Zacks Research downgraded shares of Dutch Bros from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Citigroup initiated coverage on shares of Dutch Bros in a report on Monday, January 26th. They set a “buy” rating and a $82.00 price objective for the company. Finally, Morgan Stanley lowered their price objective on shares of Dutch Bros from $84.00 to $82.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $77.05.

Dutch Bros Trading Up 5.0%

Shares of Dutch Bros stock opened at $53.38 on Friday. Dutch Bros has a twelve month low of $47.16 and a twelve month high of $86.88. The company has a quick ratio of 1.32, a current ratio of 1.52 and a debt-to-equity ratio of 0.68. The business has a 50-day moving average price of $60.05 and a 200-day moving average price of $59.36. The firm has a market cap of $8.78 billion, a price-to-earnings ratio of 83.41, a PEG ratio of 2.24 and a beta of 2.54.

Dutch Bros (NYSE:BROS) last posted its earnings results on Thursday, February 12th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.07. The company had revenue of $443.61 million for the quarter, compared to the consensus estimate of $424.44 million. Dutch Bros had a return on equity of 9.75% and a net margin of 4.87%.The firm’s revenue for the quarter was up 29.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.07 earnings per share. Equities research analysts anticipate that Dutch Bros will post 0.57 EPS for the current fiscal year.

Insider Activity

In other Dutch Bros news, major shareholder Dm Individual Aggregator, Llc sold 648,089 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $55.44, for a total transaction of $35,930,054.16. Following the transaction, the insider owned 9,817 shares of the company’s stock, valued at approximately $544,254.48. This trade represents a 98.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Travis Boersma sold 1,678,616 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $55.44, for a total transaction of $93,062,471.04. Following the completion of the sale, the chairman owned 9,817 shares of the company’s stock, valued at approximately $544,254.48. This represents a 99.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 3,465,214 shares of company stock worth $189,800,291. 42.40% of the stock is owned by company insiders.

Institutional Trading of Dutch Bros

A number of hedge funds have recently bought and sold shares of BROS. RiverPark Advisors LLC increased its holdings in shares of Dutch Bros by 4.8% in the 2nd quarter. RiverPark Advisors LLC now owns 3,966 shares of the company’s stock valued at $271,000 after acquiring an additional 181 shares during the period. KLP Kapitalforvaltning AS boosted its position in Dutch Bros by 0.8% during the third quarter. KLP Kapitalforvaltning AS now owns 25,200 shares of the company’s stock valued at $1,319,000 after purchasing an additional 200 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in Dutch Bros by 1.1% in the third quarter. Oppenheimer & Co. Inc. now owns 18,625 shares of the company’s stock valued at $975,000 after purchasing an additional 200 shares during the last quarter. Moody Lynn & Lieberson LLC grew its stake in Dutch Bros by 3.9% in the third quarter. Moody Lynn & Lieberson LLC now owns 5,382 shares of the company’s stock valued at $282,000 after purchasing an additional 204 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Dutch Bros by 31.5% in the third quarter. GAMMA Investing LLC now owns 856 shares of the company’s stock worth $45,000 after purchasing an additional 205 shares in the last quarter. Hedge funds and other institutional investors own 85.54% of the company’s stock.

Key Headlines Impacting Dutch Bros

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

• Positive Sentiment: Q4 results beat expectations — Dutch Bros reported an earnings and revenue beat with accelerating comps and strong operating metrics, which sparked the immediate rally. Dutch Bros Q4 Results (Business Wire)
• Positive Sentiment: Same-store sales and brand momentum — Management highlighted 7.7% same-store sales growth and rising brand penetration, supporting sustainable sales growth beyond new-store additions. Dutch Bros drives Q4 momentum (NRN)
• Positive Sentiment: Aggressive store rollout and M&A to speed market entry — Dutch Bros reiterated accelerated expansion (targeting ~2,029 locations by 2029 and ~181+ new shops in 2026) and recently acquired Clutch Coffee to help enter new markets faster — a growth catalyst for long-term revenue. Dutch Bros growth thesis (Seeking Alpha)
• Positive Sentiment: Analyst support and price-target momentum — Street buyers and recent analyst notes (e.g., TD Cowen reaffirmation) added conviction after the quarter, helping sentiment and buy-side interest. Dutch Bros stock reaction & analyst notes (Benzinga)
• Positive Sentiment: Unusually heavy call buying — Options flow showed a large increase in call purchases, signaling speculative or institutional bullish positioning ahead of/after the print (noted in market flow data).
• Neutral Sentiment: Guidance and margin outlook are mixed — Management guides for strong revenue (~$2B) but flags margin pressure from coffee input costs and food expansion; the company expects only modest margin contraction (~60 bps), which investors will monitor. Margin/guidance discussion (Seeking Alpha)
• Negative Sentiment: High valuation and execution risk — BROS trades at a rich multiple (P/E well above peers), so upside depends on continued high-single/low-double-digit unit growth and margin stability.
• Negative Sentiment: Insider selling and leverage noted in filings — Recent aggregated insider dispositions and rising liabilities highlighted in data summaries could be a caution for some investors; watch future insider activity and balance-sheet trends. QuiverQuant: Q4 results & insider data

About Dutch Bros

Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.

The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.