Black Rock Coffee Bar (NASDAQ:BRCB) Insider Acquires $49,558.00 in Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) insider Michael Ryan Schmidt bought 7,100 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was acquired at an average cost of $6.98 per share, with a total value of $49,558.00. Following the completion of the transaction, the insider directly owned 7,100 shares of the company’s stock, valued at approximately $49,558. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Black Rock Coffee Bar Stock Performance

BRCB stock opened at $6.81 on Friday. The company has a quick ratio of 0.77, a current ratio of 0.87 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $340.91 million and a price-to-earnings ratio of 681.00. Black Rock Coffee Bar, Inc. has a 12 month low of $6.13 and a 12 month high of $30.40. The firm has a 50 day moving average of $12.63 and a two-hundred day moving average of $17.11.

Black Rock Coffee Bar (NASDAQ:BRCB) last posted its earnings results on Tuesday, May 12th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02). The business had revenue of $55.45 million for the quarter. As a group, equities analysts anticipate that Black Rock Coffee Bar, Inc. will post 0.26 EPS for the current fiscal year.

Institutional Trading of Black Rock Coffee Bar

Hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. bought a new stake in Black Rock Coffee Bar in the 4th quarter valued at $29,000. Franklin Resources Inc. bought a new stake in Black Rock Coffee Bar in the 3rd quarter valued at $36,000. Roxbury Financial LLC bought a new stake in Black Rock Coffee Bar in the 4th quarter valued at $39,000. FNY Investment Advisers LLC bought a new stake in Black Rock Coffee Bar in the 3rd quarter valued at $50,000. Finally, Strs Ohio bought a new stake in Black Rock Coffee Bar in the 4th quarter valued at $65,000.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Stifel Nicolaus decreased their price objective on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. DA Davidson decreased their price objective on shares of Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Raymond James Financial decreased their price objective on shares of Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. Finally, Morgan Stanley decreased their price objective on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $18.75.

Black Rock Coffee Bar Company Profile

Our Mission: To Fuel People Forward – One Connection, One Moment, One Cup at a Time We are a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. Black Rock Coffee Bar was founded in 2008 in Beaverton, Oregon, by our co-founders Daniel Brand and Jeff Hernandez. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with 158 locations spanning seven states as of June 30, 2025, from the Pacific Northwest to Texas.