Dutch Bros Inc. (BROS) PT Lowered to $35 at Jefferies

Dutch Bros (BROS) Shares Crash 40% on Slashed FY Profit Outlook, Stifel Downgrades to Hold on Lack of Margin Visibility

Shares of Dutch Bros (NYSE: BROS) are down almost 40% in premarket trading Thursday after the company issued a weaker-than-expected FY guidance.

BROS reported Q1 revenue of $152.2 million, beating the consensus estimates of $145.9 million. Adjusted EBITDA stood at $9.66 million in the period, short of the analyst consensus of $12.8 million.

For the full fiscal year, the company expects total revenue in the range of $700 million to $715 million, below the analyst expectations of $717.2 million. BROS expects FY adjusted EBITDA of at least $90 million, down from its... More

Dutch Bros Inc. (BROS) PT Lowered to $44 at Piper Sandler

Piper Sandler analyst Nicole Miller Regan lowered the price target on Dutch Bros Inc. (NYSE: BROS) to $44.00 (from $75.00) while maintaining a Overweight rating.... More

Dutch Bros Inc. (BROS) PT Lowered to $30 at Baird

Baird analyst David Tarantino lowered the price target on Dutch Bros Inc. (NYSE: BROS) to $30.00 (from $60.00) while maintaining a Outperform rating.... More

Dutch Bros Inc. (BROS) PT Lowered to $36 at JPMorgan

JPMorgan lowered its price target on Dutch Bros Inc. (NYSE: BROS) to $36.00 (from $58.00) while maintaining a Overweight rating.... More

Dutch Bros Inc. (BROS) PT Lowered to $64 at BofA Securities

BofA Securities analyst Sara Senatore lowered the price target on Dutch Bros Inc. (NYSE: BROS) to $64.00 (from $80.00) while maintaining a Buy rating.... More

Dutch Bros Inc. (BROS) PT Raised to $65 at Cowen

Cowen analyst Andrew Charles raised the price target on Dutch Bros Inc. (NYSE: BROS) to $65.00 (from $35.00) while maintaining a Outperform rating.... More

UPDATE: Stifel Downgrades Dutch Bros Inc. (BROS) to Hold

(Updated - May 12, 2022 5:16 AM EDT)

Stifel analyst Chris O'Cull downgraded Dutch Bros Inc. (NYSE: BROS) from Buy to Hold with a price target of $30.00 (from $70.00).

The analyst comments "We are downgrading BROS to Hold based on the lack of margin visibility.... More

Dutch Bros Inc. (BROS) Misses Q1 EPS by 3c

Dutch Bros Inc. (NYSE: BROS) reported Q1 EPS of ($0.02), $0.03 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $152.2 million versus the consensus estimate of $145.63 million.

For earnings history and earnings-related data on Dutch Bros Inc. (BROS) click here.