B. Metzler seel. Sohn & Co. AG acquired a new stake in Black Rock Coffee Bar, Inc. (NASDAQ:BRCB – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 50,910 shares of the company’s stock, valued at approximately $1,215,000. B. Metzler seel. Sohn & Co. AG owned approximately 0.11% of Black Rock Coffee Bar at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the business. US Bancorp DE purchased a new stake in shares of Black Rock Coffee Bar in the 3rd quarter worth approximately $89,000. CenterStar Asset Management LLC purchased a new stake in Black Rock Coffee Bar during the third quarter worth $209,000. TD Asset Management Inc purchased a new stake in Black Rock Coffee Bar during the third quarter worth $553,000. JPMorgan Chase & Co. bought a new stake in Black Rock Coffee Bar during the 3rd quarter valued at $737,000. Finally, Vanguard Group Inc. purchased a new position in shares of Black Rock Coffee Bar in the 3rd quarter valued at $2,028,000.
Wall Street Analysts Forecast Growth
BRCB has been the topic of a number of recent research reports. DA Davidson began coverage on Black Rock Coffee Bar in a research report on Friday, March 6th. They set a “buy” rating and a $21.00 price objective on the stock. Raymond James Financial reduced their target price on shares of Black Rock Coffee Bar from $28.00 to $26.00 and set an “outperform” rating for the company in a report on Wednesday, January 21st. Finally, Weiss Ratings reissued a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $23.50.
Black Rock Coffee Bar Price Performance
Shares of BRCB stock opened at $16.03 on Wednesday. The stock’s fifty day simple moving average is $16.83. 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 $802.46 million and a P/E ratio of -1,603.00. 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 (NASDAQ:BRCB – Get Free Report) last released its quarterly earnings results on Tuesday, March 3rd. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $53.64 million during the quarter, compared to analysts’ expectations of $53.70 million.
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.
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