ArrowMark Colorado Holdings LLC Invests $5.49 Million in Black Rock Coffee Bar, Inc. $BRCB

ArrowMark Colorado Holdings LLC acquired a new position in Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 230,000 shares of the company’s stock, valued at approximately $5,488,000. ArrowMark Colorado Holdings LLC owned approximately 0.48% of Black Rock Coffee Bar at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BRCB. CenterStar Asset Management LLC acquired a new stake in shares of Black Rock Coffee Bar in the third quarter worth $209,000. Emerald Mutual Fund Advisers Trust bought a new stake in shares of Black Rock Coffee Bar in the 3rd quarter worth approximately $4,023,000. Federated Hermes Inc. acquired a new stake in Black Rock Coffee Bar during the third quarter worth $2,982,000. WCM Investment Management LLC acquired a new stake in shares of Black Rock Coffee Bar during the 3rd quarter valued at about $7,422,000. Finally, JPMorgan Chase & Co. bought a new position in Black Rock Coffee Bar during the third quarter worth about $737,000.

Analyst Ratings Changes

Several brokerages have recently commented on BRCB. Weiss Ratings restated a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research note on Monday, December 29th. Raymond James Financial cut their price target on 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, DA Davidson assumed coverage on Black Rock Coffee Bar in a report on Friday, March 6th. They set a “buy” rating and a $21.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Black Rock Coffee Bar presently has an average rating of “Hold” and an average target price of $23.50.

Black Rock Coffee Bar Trading Down 0.7%

NASDAQ:BRCB opened at $16.11 on Monday. The firm has a 50-day moving average of $16.48. Black Rock Coffee Bar, Inc. has a 1-year low of $11.51 and a 1-year high of $30.40. The firm has a market capitalization of $806.47 million and a price-to-earnings ratio of -1,611.00. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of 0.25.

Black Rock Coffee Bar (NASDAQ:BRCB) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The firm had revenue of $53.64 million for the quarter, compared to analyst estimates of $53.70 million.

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.