Dutch BrosBROS
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 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 86
33.2% more ownership
Funds ownership: 56.91% [Q2] → 90.11% (+33.2%) [Q3]
14% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 66
3% more funds holding
Funds holding: 333 [Q2] → 342 (+9) [Q3]
6% less call options, than puts
Call options by funds: $68.9M | Put options by funds: $73M
21% less capital invested
Capital invested by funds: $4.18B [Q2] → $3.32B (-$860M) [Q3]
57% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 3 (-4) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
JP Morgan John Ivankoe 52% 1-year accuracy 16 / 31 met price target | 7%upside $58 | Overweight Maintained | 19 Dec 2024 |
Jefferies Andy Barish 60% 1-year accuracy 6 / 10 met price target | 11%upside $60 | Buy Maintained | 16 Dec 2024 |
UBS Dennis Geiger 47% 1-year accuracy 9 / 19 met price target | 20%upside $65 | Buy Maintained | 6 Dec 2024 |
Stifel Chris O'Cull 68% 1-year accuracy 26 / 38 met price target | 2%downside $53 | Buy Maintained | 14 Nov 2024 |
Piper Sandler Brian Mullan 64% 1-year accuracy 7 / 11 met price target | 6%downside $51 | Neutral Maintained | 11 Nov 2024 |
Financial journalist opinion
Based on 26 articles about BROS published over the past 30 days