Dutch Bros Inc. (BROS)

Dutch Bros Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Dutch Bros stock have an average target of 34.22, with a low estimate of 28 and a high estimate of 40. The average target predicts an increase of 14.18% from the current stock price of 29.97.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$28	$34.22	$33	$40
Change	-6.57%	+14.18%	+10.11%	+33.47%

Analyst Ratings

The average analyst rating for Dutch Bros stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	0	0	1	1	1	1
Buy	2	2	2	2	3	3
Hold	6	6	5	4	4	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	7	8	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Charles TD Cowen	TD Cowen	Hold Reiterates $33	Hold	Reiterates	$33	+10.11%	Apr 12, 2024
Andrew Charles TD Cowen	TD Cowen	Hold Reiterates $33	Hold	Reiterates	$33	+10.11%	Apr 11, 2024
Nick Setyan Wedbush	Wedbush	Buy Reiterates $37	Buy	Reiterates	$37	+23.46%	Apr 10, 2024
Andrew Charles TD Cowen	TD Cowen	Hold Reiterates $33	Hold	Reiterates	$33	+10.11%	Apr 10, 2024
Gregory Francfort Guggenheim	Guggenheim	Hold Reiterates $30	Hold	Reiterates	$30	+0.10%	Apr 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.23B

Increased by 27.15%

from 965.78M

Revenue Next Year

1.50B

Increased by 21.99%

from 1.23B

EPS This Year

0.34

Increased by 1,027.44%

from 0.03

EPS Next Year

0.43

Increased by 27.70%

from 0.34

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	238.37M	327.41M	497.88M	739.01M	965.78M	1.23B	1.50B	1.78B	2.01B	2.31B
Revenue Growth	-	37.36%	52.06%	48.43%	30.68%	27.15%	21.99%	18.56%	12.89%	15.31%
EPS	-	-	-0.28	-0.09	0.03	0.34	0.43	0.58	0.67	0.83
EPS Growth	-	-	-	-	-	1,027.44%	27.70%	34.61%	15.79%	22.73%
No. Analysts	-	-	-	-	-	14	14	7	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.3B	1.6B	1.9B	2.1B	2.4B
Avg	1.2B	1.5B	1.8B	2.0B	2.3B
Low	1.2B	1.4B	1.7B	1.9B	2.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	32.0%	31.4%	24.5%	16.2%	18.7%
Avg	27.2%	22.0%	18.6%	12.9%	15.3%
Low	21.0%	14.3%	12.6%	8.5%	10.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.41	0.55	0.68	0.69	0.85
Avg	0.34	0.43	0.58	0.67	0.83
Low	0.27	0.31	0.50	0.65	0.79

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	1,265.0%	61.4%	58.0%	19.2%	26.3%
Avg	1,027.4%	27.7%	34.6%	15.8%	22.7%
Low	814.7%	-7.3%	15.7%	11.2%	17.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.