TD Cowen Reiterates Buy Rating for Dutch Bros (NYSE:BROS)

Dutch Bros (NYSE:BROS)‘s stock had its “buy” rating reissued by investment analysts at TD Cowen in a research note issued to investors on Friday,Benzinga reports. They presently have a $73.00 price target on the stock. TD Cowen’s price objective would indicate a potential upside of 36.75% from the company’s current price.

BROS has been the subject of a number of other reports. Evercore set a $73.00 price target on Dutch Bros in a research note on Monday, January 5th. Mizuho upped their price target on shares of Dutch Bros from $70.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. KeyCorp restated an “overweight” rating on shares of Dutch Bros in a research report on Friday, January 9th. Royal Bank Of Canada boosted their price target on shares of Dutch Bros from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 3rd. Finally, Sanford C. Bernstein restated an “overweight” rating and issued a $76.00 price objective on shares of Dutch Bros in a report on Wednesday, January 7th. 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 has a consensus rating of “Moderate Buy” and an average price target of $77.05.

Dutch Bros Price Performance

Shares of NYSE:BROS opened at $53.38 on Friday. The business has a fifty day simple moving average of $60.05 and a 200-day simple moving average of $59.36. Dutch Bros has a 52 week low of $47.16 and a 52 week high of $86.88. The company has a market cap of $8.78 billion, a P/E ratio of 83.41, a P/E/G ratio of 2.24 and a beta of 2.54. The company has a quick ratio of 1.32, a current ratio of 1.52 and a debt-to-equity ratio of 0.68.

Dutch Bros (NYSE:BROS) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.07. The business had revenue of $443.61 million during 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 business’s revenue for the quarter was up 29.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.07 EPS. Equities research analysts forecast that Dutch Bros will post 0.57 EPS for the current year.

Insider Buying and Selling

In related news, Chairman Travis Boersma sold 1,678,616 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $55.44, for a total value 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. The trade was a 99.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Dm Individual Aggregator, Llc sold 648,089 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $55.44, for a total transaction of $35,930,054.16. Following the completion of the sale, the insider directly owned 9,817 shares of the company’s stock, valued at $544,254.48. This represents a 98.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 3,465,214 shares of company stock valued at $189,800,291. Insiders own 42.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BROS. Integrated Wealth Concepts LLC bought a new stake in shares of Dutch Bros in the 1st quarter worth about $318,000. Empowered Funds LLC raised its position in shares of Dutch Bros by 15.9% during the 1st quarter. Empowered Funds LLC now owns 33,843 shares of the company’s stock valued at $2,089,000 after acquiring an additional 4,633 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Dutch Bros by 7.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 305,714 shares of the company’s stock valued at $18,875,000 after purchasing an additional 22,323 shares during the last quarter. US Bancorp DE grew its holdings in Dutch Bros by 76.6% during the second quarter. US Bancorp DE now owns 15,458 shares of the company’s stock valued at $1,057,000 after purchasing an additional 6,703 shares during the period. Finally, IFP Advisors Inc grew its position in shares of Dutch Bros by 22.8% in the 2nd quarter. IFP Advisors Inc now owns 3,710 shares of the company’s stock valued at $254,000 after purchasing an additional 688 shares during the period. Institutional investors and hedge funds own 85.54% of the company’s stock.

Key Stories 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.