Dutch BrosBROS
Market Cap: $3.62B
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]
25% more funds holding
Funds holding: 265 [Q1] → 330 (+65) [Q2]
76.41% less ownership
Funds ownership: 131.76% [Q1] → 55.35% (-76.41%) [Q2]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Piper Sandler Brian Mullan 62% 1-year accuracy 8 / 13 met price target | 13%upside $36 | Neutral Downgraded | 19 Aug 2024 |
UBS Dennis Geiger 45% 1-year accuracy 5 / 11 met price target | 23%upside $39 | Buy Upgraded | 15 Aug 2024 |
Barclays Jeffrey Bernstein 51% 1-year accuracy 29 / 57 met price target | 3%downside $31 | Equal-Weight Maintained | 9 Aug 2024 |
Stifel Chris O'Cull 68% 1-year accuracy 23 / 34 met price target | 19%upside $38 | Buy Maintained | 8 Aug 2024 |
Wedbush Nick Setyan 57% 1-year accuracy 51 / 90 met price target | 41%upside $45 | Outperform Reiterated | 8 Aug 2024 |
Financial journalist opinion
Based on 24 articles about BROS published over the past 30 days