Black Rock Coffee Bar (NASDAQ:BRCB) Stock Price Down 4.9% – Here’s Why

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) shares traded down 4.9% on Wednesday . The stock traded as low as $21.84 and last traded at $21.84. 272,583 shares traded hands during trading, a decline of 37% from the average session volume of 430,356 shares. The stock had previously closed at $22.97.

Analyst Upgrades and Downgrades

BRCB has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research note on Monday. Raymond James Financial reissued an “outperform” rating and issued a $28.00 price target (up from $26.00) on shares of Black Rock Coffee Bar in a report on Thursday, October 16th. 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 stock. According to data from MarketBeat.com, Black Rock Coffee Bar has an average rating of “Hold” and an average target price of $28.00.

Black Rock Coffee Bar Stock Down 3.1%

The firm has a 50-day moving average of $23.03. The company has a market cap of $1.11 billion and a P/E ratio of -445.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.37 and a quick ratio of 1.29.

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

Institutional Investors Weigh In On Black Rock Coffee Bar

A number of large investors have recently added to or reduced their stakes in BRCB. JPMorgan Chase & Co. purchased a new position in shares of Black Rock Coffee Bar in the 3rd quarter worth about $737,000. Tudor Investment Corp ET AL bought a new stake in Black Rock Coffee Bar in the 3rd quarter worth approximately $1,718,000. FNY Investment Advisers LLC purchased a new stake in Black Rock Coffee Bar in the third quarter worth approximately $50,000. Hudson Bay Capital Management LP bought a new position in Black Rock Coffee Bar during the third quarter valued at approximately $636,000. Finally, Woodline Partners LP purchased a new position in shares of Black Rock Coffee Bar during the third quarter worth approximately $12,445,000.

Black Rock Coffee Bar Company Profile

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.