Morgan Stanley's analyst, Brian Harbour, has revised the price target for Dutch Bros (BROS, Financial), reducing it to $80 from the previous target of $82. Despite this adjustment, the analyst maintains an Overweight rating on the stock. This update comes just before the Q1 earnings season, although the upcoming quarter's results are considered relatively insignificant in the broader outlook.
The adjustment is part of a broader forecast change for the U.S. restaurant and food distribution sector. Harbour has decreased the anticipated industry demand growth to 4.1% year-over-year, down from the 4.8% growth projected earlier in January. This revision persists even after the announcement of a pause on certain tariffs, which was initially expected to influence industry dynamics.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Dutch Bros Inc (BROS, Financial) is $80.77 with a high estimate of $94.00 and a low estimate of $66.00. The average target implies an upside of 37.28% from the current price of $58.84. More detailed estimate data can be found on the Dutch Bros Inc (BROS) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Dutch Bros Inc's (BROS, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Dutch Bros Inc (BROS, Financial) in one year is $34.47, suggesting a downside of 41.41% from the current price of $58.835. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dutch Bros Inc (BROS) Summary page.
