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: 57.24% [Q2] → 90.44% (+33.2%) [Q3]
21% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 62
3% more funds holding
Funds holding: 334 [Q2] → 343 (+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: $4.2B [Q2] → $3.33B (-$872M) [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
Jefferies Andy Barish 58% 1-year accuracy 7 / 12 met price target | 16%upside $69 | Buy Maintained | 15 Jan 2025 |
Stifel Chris O'Cull 62% 1-year accuracy 21 / 34 met price target | 4%upside $62 | Buy Maintained | 10 Jan 2025 |
Barclays Jeffrey Bernstein 45% 1-year accuracy 45 / 100 met price target | 17%upside $70 | Overweight Upgraded | 7 Jan 2025 |
Baird David Tarantino 48% 1-year accuracy 12 / 25 met price target | 17%upside $70 | Outperform Upgraded | 6 Jan 2025 |
JP Morgan John Ivankoe 61% 1-year accuracy 19 / 31 met price target | 3%downside $58 | Overweight Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 36 articles about BROS published over the past 30 days
