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)
62% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 84
33.15% more ownership
Funds ownership: 56.91% [Q2] → 90.06% (+33.15%) [Q3]
2% more funds holding
Funds holding: 332 [Q2] → 337 (+5) [Q3]
7% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 69
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] → $3.31B (-$861M) [Q3]
57% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 3 (-4) [Q3]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Stifel Chris O'Cull 90% 1-year accuracy 35 / 39 met price target | 14%upside $53 | Buy Maintained | 14 Nov 2024 |
Piper Sandler Brian Mullan 80% 1-year accuracy 8 / 10 met price target | 9%upside $51 | Neutral Maintained | 11 Nov 2024 |
Barclays Jeffrey Bernstein 46% 1-year accuracy 25 / 54 met price target | 18%downside $38 | Equal-Weight Maintained | 8 Nov 2024 |
JP Morgan John Ivankoe 63% 1-year accuracy 20 / 32 met price target | 3%upside $48 | Overweight Maintained | 7 Nov 2024 |
Baird David Tarantino 71% 1-year accuracy 17 / 24 met price target | 1%downside $46 | Neutral Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 32 articles about BROS published over the past 30 days
