Dutch BrosBROS
Market Cap: 3.61B
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 Q1 SEC filings by fund managers ($100M+ AUM)
81% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 54
78% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 41
25% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 5 (+1) [Q1 2024]
17% more call options, than puts
Call options by funds: $57.5M | Put options by funds: $49.1M
14% more funds holding
Funds holding: 229 [Q4 2023] → 261 (+32) [Q1 2024]
5% more capital invested
Capital invested by funds: $2.89B [Q4 2023] → $3.05B (+$158M) [Q1 2024]
13.83% less ownership
Funds ownership: 144.67% [Q4 2023] → 130.84% (-13.83%) [Q1 2024]
Research analyst outlook
23 Wall Street Analysts provided 1 year price forecasts over the past 6 months
23 analyst ratings
Guggenheim Gregory Francfort | 5%downside $36 | Neutral Maintained | 11 Jul 2024 |
TD Cowen Andrew Charles | 32%upside $50 | Buy Reiterated | 18 Jun 2024 |
TD Cowen Andrew Charles | 32%upside $50 | Buy Maintained | 13 Jun 2024 |
B of A Securities Sara Senatore | 29%upside $49 | Buy Maintained | 10 Jun 2024 |
TD Cowen Andrew Charles | 21%upside $46 | Buy Reiterated | 5 Jun 2024 |
Financial journalist opinion
Based on 30 articles about BROS published over the past 30 days