Dutch BrosBROS Market cap $3.6B
About: Dutch Bros Inc is an operator and franchisor of drive-thru coffee shops that are focused on serving hand-crafted beverages. The company's hand-crafted beverage-focused lineup features hot and cold espresso-based beverages, cold brew coffee products, proprietary energy drinks, tea, lemonade, smoothies and other beverages. The company has two reportable operating segments company-operated shops and franchising and other.
Employees: 24,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
167% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 39
92% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 62
40% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 7 (+2) [Q2]
33% more call options, than puts
Call options by funds: $91.8M | Put options by funds: $68.8M
32% more capital invested
Capital invested by funds: $3.07B [Q1] → $4.06B (+$994M) [Q2]
24% more funds holding
Funds holding: 266 [Q1] → 331 (+65) [Q2]
76.41% less ownership
Funds ownership: 131.76% [Q1] → 55.35% (-76.41%) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
TD Cowen Andrew Charles 65% 1-year accuracy 73 / 112 met price target | 49%upside $47 | Buy Reiterated | 12 Sept 2024 |
Piper Sandler Brian Mullan 90% 1-year accuracy 9 / 10 met price target | 14%upside $36 | Neutral Downgraded | 19 Aug 2024 |
UBS Dennis Geiger 67% 1-year accuracy 6 / 9 met price target | 23%upside $39 | Buy Upgraded | 15 Aug 2024 |
Barclays Jeffrey Bernstein 59% 1-year accuracy 26 / 44 met price target | 2%downside $31 | Equal-Weight Maintained | 9 Aug 2024 |
Stifel Chris O'Cull 79% 1-year accuracy 22 / 28 met price target | 20%upside $38 | Buy Maintained | 8 Aug 2024 |
Financial journalist opinion
Based on 19 articles about BROS published over the past 30 days