Bank of America's analyst, Sara Senatore, has revised the price target for Dutch Bros (BROS, Financial) down to $81 from a previous $86, while maintaining a Buy rating on the stock. This adjustment is part of a broader review of more than 20 companies within the firm's restaurant coverage. The changes are aimed at aligning the price targets with updated estimates and market multiples as part of a first-quarter preview for the sector.
This recalibration reflects ongoing refinements to growth projections and market conditions. Bank of America's strategic review highlights how fluctuations in market dynamics can influence investment decisions and price targets.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Dutch Bros Inc (BROS, Financial) is $78.87 with a high estimate of $94.00 and a low estimate of $66.00. The average target implies an upside of 35.34% from the current price of $58.27. More detailed estimate data can be found on the Dutch Bros Inc (BROS) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Dutch Bros Inc's (BROS, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" 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 $34.46, suggesting a downside of 40.86% from the current price of $58.27. 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.
