Ares Management LLC Takes $5.98 Million Position in Black Rock Coffee Bar, Inc. $BRCB

Ares Management LLC bought a new position in Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 250,676 shares of the company’s stock, valued at approximately $5,981,000. Black Rock Coffee Bar makes up about 0.2% of Ares Management LLC’s holdings, making the stock its 23rd biggest holding. Ares Management LLC owned approximately 0.52% of Black Rock Coffee Bar at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Federated Hermes Inc. bought a new stake in Black Rock Coffee Bar in the 3rd quarter valued at $2,982,000. Emerald Mutual Fund Advisers Trust bought a new position in shares of Black Rock Coffee Bar during the 3rd quarter valued at about $4,023,000. Monashee Investment Management LLC bought a new position in shares of Black Rock Coffee Bar during the 3rd quarter valued at about $2,386,000. WCM Investment Management LLC purchased a new position in shares of Black Rock Coffee Bar during the third quarter valued at about $7,422,000. Finally, Ghisallo Capital Management LLC bought a new stake in shares of Black Rock Coffee Bar in the third quarter worth about $2,625,000.

Wall Street Analyst Weigh In

BRCB has been the topic of a number of research analyst reports. Raymond James Financial decreased their target price on Black Rock Coffee Bar from $28.00 to $26.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 21st. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of Black Rock Coffee Bar in a research note on Monday, December 29th. 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 given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $23.50.

Black Rock Coffee Bar Stock Down 0.7%

Black Rock Coffee Bar stock opened at $16.11 on Friday. The business has a 50-day simple moving average of $16.48. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.96 and a current ratio of 1.04. The company has a market cap of $806.47 million and a P/E ratio of -1,611.00. Black Rock Coffee Bar, Inc. has a twelve month low of $11.51 and a twelve month high of $30.40.

Black Rock Coffee Bar (NASDAQ:BRCB) last announced 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 the consensus estimate 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.