Fintel reports that on January 7, 2025, Barclays upgraded their outlook for Dutch Bros (NYSE:BROS) from Equal-Weight to Overweight.
Analyst Price Forecast Suggests 0.41% Downside
As of December 23, 2024, the average one-year price target for Dutch Bros is $57.55/share. The forecasts range from a low of $38.38 to a high of $68.25. The average price target represents a decrease of 0.41% from its latest reported closing price of $57.78 / share.
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The projected annual revenue for Dutch Bros is 1,583MM, an increase of 32.76%. The projected annual non-GAAP EPS is 1.04.
What is the Fund Sentiment?
There are 630 funds or institutions reporting positions in Dutch Bros. This is an increase of 92 owner(s) or 17.10% in the last quarter. Average portfolio weight of all funds dedicated to BROS is 0.22%, an increase of 30.87%. Total shares owned by institutions increased in the last three months by 10.60% to 118,689K shares. 
The put/call ratio of BROS is 0.68, indicating a bullish outlook.
What are Other Shareholders Doing?
Baillie Gifford holds 7,008K shares representing 6.16% ownership of the company.
TSG Consumer Partners holds 5,218K shares representing 4.58% ownership of the company. In its prior filing, the firm reported owning 5,218K shares , representing an increase of 0.00%. The firm decreased its portfolio allocation in BROS by 3.72% over the last quarter.
Marshall Wace, Llp holds 4,915K shares representing 4.32% ownership of the company. In its prior filing, the firm reported owning 3,962K shares , representing an increase of 19.37%. The firm decreased its portfolio allocation in BROS by 44.54% over the last quarter.
D. E. Shaw holds 4,490K shares representing 3.95% ownership of the company. In its prior filing, the firm reported owning 2,383K shares , representing an increase of 46.94%. The firm increased its portfolio allocation in BROS by 33.83% over the last quarter.
Wasatch Advisors holds 4,128K shares representing 3.63% ownership of the company. In its prior filing, the firm reported owning 1,243K shares , representing an increase of 69.89%. The firm increased its portfolio allocation in BROS by 135.46% over the last quarter.
Dutch Bros Background Information
(This description is provided by the company.)
Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Founded in 1992 by brothers Dane and Travis Boersma, Dutch Bros began with a double-head espresso machine and a pushcart in Grants Pass, Oregon. While espresso-based beverages are still at the core of what the company does, Dutch Bros now offers a wide variety of unique, customizable cold and hot beverages that delight a broad array of customers. Dutch Bros is more than just the products the company serves—it is dedicated to making a massive difference in the lives of its employees, customers and communities. This combination of hand-crafted and high-quality beverages, its unique drive-thru experience and its community-driven, people-first culture has allowed us to successfully open new shops and continue to share the “Dutch Luv” at 471 locations in 11 states as of June 30, 2021.
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