BROS

Dutch Bros Inc.

NYSE · Retail-Eating & Drinking Places · Inc. DE · CIK 0001866581
$53.87 -2.25% $9.6B
3 Institutional Exits
Vol
Market Cap$9.6B
Cap SizeMid Cap
Analyst ConsensusStrong Buy (94%)
Inst. Holders8 funds
Inst. Value$1.5B
Inst. Activity1 buys / 3 sells
Insider Activity1B / 0S
Insider Net $$102.3K
Reddit Sentiment50° Neutral
SEC Reports1
Exchange NYSE·Sector Retail-Eating & Drinking Places·Inc. DE·CIK 0001866581·Prev Close $55.11

Recent Activity

May 15, 2026 SEC
Scott Harlan Maw filed a Form 3 initial statement of beneficial ownership with the SEC on May 14, 2026, reporting his po
3 — Impact 2/10
May 15, 2026 Insider
Penegor Todd Allan bought 2,000 shares
Director @ $51.18 ($102.3K)
May 15, 2026 short_volume
Short Volume: BROS — 56.7% short (0.9M / 1.5M)
Short: 873,899 | Exempt: 11,831 | TRF Vol: 1,541,249 | Short Ratio: 56.7% | Off-exchange volume (dar
May 13, 2026 Insider
George Kathryn sold 444 shares
Director @ $0.00 ($0.00)
May 13, 2026 Insider
Davis Thomas James sold 444 shares
Director @ $0.00 ($0.00)
Inst.
NORGES BANK — NEW
1,583,649 shares ($97.0M)
Inst.
BANK OF AMERICA CORP — TRIM
1,360,779 shares ($83.3M)

Price Targets

$76.58 +42.2% upside Strong Buy
Current $53.87 Low $61.00 Median $75.00 High $95.00 24 analysts
$61.00 $95.00

Analyst Ratings

Strong Buy94% buy · 31 analysts
11Strong Buy
18Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 21, 2026 DA Davidson MAINTAIN Buy → Buy
May 20, 2026 TD Cowen REITERATE Buy → Buy
May 7, 2026 Citigroup MAINTAIN Buy → Buy
May 7, 2026 Barclays MAINTAIN Overweight → Overweight
May 7, 2026 Keybanc MAINTAIN Overweight → Overweight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.30 ▲ +3.2% $0.27 — $0.32 15% YoY 19
Next Q $0.25 ▲ +6.1% $0.21 — $0.29 32% YoY 19
Current FY $0.94 ▲ +4.0% $0.81 — $1.02 24% YoY 20
Next FY $1.24 ▲ +3.9% $0.90 — $1.48 33% YoY 20

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$679.0M
FMR LLC$441.5M
MORGAN STANLEY$104.6MADD
NORGES BANK$97.0MNEW
BANK OF AMERICA CORP$83.3MTRIM

Recent Insider Trades

DateInsiderTypeValue
May 15, 2026Penegor ToddBUY$102.3K
May 13, 2026George KathrynM$0.00
May 13, 2026Davis ThomasM$0.00
May 13, 2026Davis ThomasM$0.00
May 13, 2026George KathrynM$0.00

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish
8 institutional holders with $1.5B total value (24,536,781 shares) as of 2025-Q4. Top holders: VANGUARD, FMR, MORGAN. Net selling activity: 3 institutions trimmed/exited vs 1 added.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC11,090,575$679.0M45.2%
2FMR LLC7,212,382$441.5M29.4%
3MORGAN STANLEY1,709,256$104.6M7.0%ADD +28.3%
4NORGES BANK1,583,649$97.0M6.5%NEW
5BANK OF AMERICA CORP /DE/1,360,779$83.3M5.5%TRIM -27.2%
6CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,172,131$71.8M4.8%ADD +53.9%
7WELLS FARGO & COMPANY/MN385,377$23.6M1.6%ADD +31.3%
8TWO SIGMA INVESTMENTS, LP22,632$1.4M0.1%NEAR_EXIT -95.6%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
NORGES BANKNEW1,583,649$97.0M2025-Q4
BANK OF AMERICA CORP /DE/TRIM1,868,0321,360,779-27.2%$83.3M2025-Q4
TWO SIGMA INVESTMENTS, LPNEAR_EXIT511,16322,632-95.6%$1.4M2025-Q4
RENAISSANCE TECHNOLOGIES LLCEXIT506,1000-100.0%$0.002025-Q4
UBS Group AGADD1,714,0292,286,366+33.4%$119.7M2025-Q3
CHARLES SCHWAB INVESTMENT MANAGEMENT INCADD764,1081,175,895+53.9%$61.5M2025-Q3
RENAISSANCE TECHNOLOGIES LLCTRIM1,037,100506,100-51.2%$26.5M2025-Q3
WELLS FARGO & COMPANY/MNADD258,113338,836+31.3%$17.7M2025-Q3
NORGES BANKEXIT1,367,9270-100.0%$0.002025-Q3
MORGAN STANLEYADD1,536,8931,971,206+28.3%$134.8M2025-Q2
UBS Group AGADD1,191,3371,714,029+43.9%$117.2M2025-Q2
NORGES BANKNEW1,367,927$93.5M2025-Q2
WELLS FARGO & COMPANY/MNTRIM628,144258,113-58.9%$17.6M2025-Q2
CITADEL ADVISORS LLCDOUBLED1,531,4883,922,379+156.1%$242.2M2025-Q1
WELLS FARGO & COMPANY/MNDOUBLED122,563628,144+412.5%$38.8M2025-Q1
TWO SIGMA INVESTMENTS, LPADD294,232535,647+82.0%$33.1M2025-Q1
NORGES BANKEXIT329,6330-100.0%$0.002025-Q1
MORGAN STANLEYDOUBLED647,1791,983,558+206.5%$103.9M2024-Q4
CITADEL ADVISORS LLCTRIM3,540,2271,531,488-56.7%$80.2M2024-Q4
UBS Group AGDOUBLED125,1461,100,845+779.6%$57.7M2024-Q4
NORGES BANKTRIM503,264329,633-34.5%$17.3M2024-Q4
WELLS FARGO & COMPANY/MNTRIM166,367122,563-26.3%$6.4M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW687,527$22.0M2024-Q3
MORGAN STANLEYTRIM1,454,393647,179-55.5%$20.7M2024-Q3
17 unique insiders with 1 transactions. Net insider value: $102.3K ($102.3K bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 15, 2026Penegor Todd AllanDirectorBUY2,000$51.18$102.3K
May 13, 2026George KathrynDirectorM444$0.00$0.00
May 13, 2026Davis Thomas JamesDirectorM444$0.00$0.00
May 13, 2026Davis Thomas JamesDirectorM444$0.00$0.00
May 13, 2026George KathrynDirectorM444$0.00$0.00
May 13, 2026Miller Ann MDirectorM444$0.00$0.00
May 13, 2026Penegor Todd AllanDirectorM444$0.00$0.00
May 13, 2026Miller Ann MDirectorM444$0.00$0.00
May 13, 2026Hart Gerard JohanDirectorA3,099$0.00$0.00
May 13, 2026Cone C. DavidDirectorA3,099$0.00$0.00
May 13, 2026Penegor Todd AllanDirectorM444$0.00$0.00
May 13, 2026Penegor Todd AllanDirectorA3,099$0.00$0.00
May 13, 2026MARCHISOTTO KORYDirectorA3,099$0.00$0.00
May 13, 2026Miller Ann MDirectorA3,099$0.00$0.00
May 13, 2026Hart Gerard JohanDirectorM444$0.00$0.00
May 13, 2026Hart Gerard JohanDirectorM444$0.00$0.00
May 13, 2026Gillett StephenDirectorM444$0.00$0.00
May 13, 2026Cone C. DavidDirectorM444$0.00$0.00
May 13, 2026MARCHISOTTO KORYDirectorM444$0.00$0.00
May 13, 2026MARCHISOTTO KORYDirectorM444$0.00$0.00
May 13, 2026Gillett StephenDirectorM444$0.00$0.00
May 13, 2026Gillett StephenDirectorA3,099$0.00$0.00
May 13, 2026Cone C. DavidDirectorM444$0.00$0.00
May 13, 2026Maw Scott HarlanDirectorA3,099$0.00$0.00
Apr 27, 2026DM Trust Aggregator, LLC10%+ OwnerC6,454,800$0.00$0.00
Apr 27, 2026DM Trust Aggregator, LLC10%+ OwnerC6,454,800$0.00$0.00
Apr 27, 2026DM Individual Aggregator, LLC10%+ OwnerC3,445,200$0.00$0.00
Apr 27, 2026DM Individual Aggregator, LLC10%+ OwnerC3,445,200$0.00$0.00
Apr 27, 2026Boersma TravisExecutive Chairman of BoardC6,454,800$0.00$0.00
Apr 27, 2026Boersma TravisExecutive Chairman of BoardC6,454,800$0.00$0.00
Apr 22, 2026DM Trust Aggregator, LLC10%+ OwnerJ19,318$0.00$0.00
Apr 22, 2026DM Trust Aggregator, LLC10%+ OwnerJ27,341$0.00$0.00
Apr 22, 2026DM Individual Aggregator, LLC10%+ OwnerJ13,277$0.00$0.00
Apr 22, 2026DM Individual Aggregator, LLC10%+ OwnerJ17,195$0.00$0.00
Apr 22, 2026Boersma TravisExecutive Chairman of BoardJ19,318$0.00$0.00
Apr 22, 2026Boersma TravisExecutive Chairman of BoardJ27,341$0.00$0.00
Mar 1, 2026Daddario NickChief Accounting OfficerA5,036$0.00$0.00
Mar 1, 2026Barone ChristineCEO and PresidentM29,306$0.00$0.00
Mar 1, 2026Guenser Joshua JChief Financial OfficerM11,403$0.00$0.00
Mar 1, 2026Guenser Joshua JChief Financial OfficerA12,590$0.00$0.00
Mar 1, 2026DAVILA TANAChief Marketing OfficerM5,617$0.00$0.00
Mar 1, 2026Tullett Victoria JChief Legal OfficerM7,033$0.00$0.00
Mar 1, 2026Tullett Victoria JChief Legal OfficerA5,595$0.00$0.00
Mar 1, 2026DAVILA TANAChief Marketing OfficerA8,393$0.00$0.00
Mar 1, 2026DAVILA TANAChief Marketing OfficerM5,617$0.00$0.00
Mar 1, 2026Barone ChristineCEO and PresidentA46,633$0.00$0.00
Mar 1, 2026Barone ChristineCEO and PresidentM29,306$0.00$0.00
Mar 1, 2026Guenser Joshua JChief Financial OfficerM11,403$0.00$0.00
Mar 1, 2026Tullett Victoria JChief Legal OfficerM7,033$0.00$0.00
Feb 20, 2026Cone C. DavidDirectorM445$0.00$0.00
1 SEC filing reports analyzed. Sentiment: 0 bullish, 0 bearish, 0 mixed, 1 neutral. Avg impact: 2.0/10.

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Buy (94% buy). Based on 31 analysts: 11 strong buy, 18 buy, 2 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$76.58 mean target +42.2% upside Strong Buy (1.28)
$61.00 Low $95.00 High
MetricValue
Current Price$53.87
Target Low$61.00
Target Mean$76.58
Target Median$75.00
Target High$95.00
# Analysts24
RecommendationStrong Buy (1.28)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.30 $0.27 $0.32 14.6% +3.2% 13↑ 4↓ $0.5B 26.1% 19
Next Q
2026-09-30
$0.25 $0.21 $0.29 32.0% +6.1% 13↑ 4↓ $0.5B 26.6% 19
Current FY
2026-12-31
$0.94 $0.81 $1.02 23.5% +4.0% 16↑ 4↓ $2.1B 27.0% 20
Next FY
2027-12-31
$1.24 $0.90 $1.48 32.5% +3.9% 13↑ 5↓ $2.6B 22.9% 20

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.298
7d ago$0.296+0.001
30d ago$0.289+0.009
60d ago$0.287+0.011
90d ago$0.285+0.013
12 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 5 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 21, 2026 DA Davidson MAINTAIN Buy Buy
May 20, 2026 TD Cowen REITERATE Buy Buy
May 7, 2026 Citigroup MAINTAIN Buy Buy
May 7, 2026 Barclays MAINTAIN Overweight Overweight
May 7, 2026 Keybanc MAINTAIN Overweight Overweight
May 7, 2026 Piper Sandler MAINTAIN Neutral Neutral
Apr 27, 2026 DA Davidson MAINTAIN Buy Buy
Apr 8, 2026 Telsey Advisory Group INITIATE Outperform
Mar 9, 2026 Wolfe Research INITIATE Outperform
Mar 6, 2026 DA Davidson INITIATE Buy
Mar 2, 2026 Goldman Sachs UPGRADE Neutral Buy
Feb 13, 2026 Citigroup MAINTAIN Buy Buy
Feb 13, 2026 TD Cowen REITERATE Buy Buy
Jan 26, 2026 Citigroup INITIATE Buy
Jan 20, 2026 Morgan Stanley MAINTAIN Overweight Overweight
Jan 7, 2026 Barclays MAINTAIN Overweight Overweight
Dec 17, 2025 Keybanc INITIATE Overweight
Dec 4, 2025 Mizuho MAINTAIN Outperform Outperform
Dec 3, 2025 RBC Capital MAINTAIN Outperform Outperform
Dec 1, 2025 TD Cowen REITERATE Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
May 1, 2026111820094%
Apr 1, 2026111720093%
Mar 1, 2026101430089%
Feb 1, 2026101430089%
Jan 1, 202691430088%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish 2 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
May 6, 2026150° Neutral001
May 6, 2026150° Neutral001

Recent Reddit Threads

May 15, 2026
short_volume
Short Volume: BROS — 56.7% short (0.9M / 1.5M)
Short: 873,899 | Exempt: 11,831 | TRF Vol: 1,541,249 | Short Ratio: 56.7% | Off-exchange volume (dark pool + OTC)
May 7, 2026
short_volume
Short Volume: BROS — 61.3% short (3.4M / 5.6M)
Short: 3,439,828 | Exempt: 202,432 | TRF Vol: 5,611,870 | Short Ratio: 61.3% | Off-exchange volume (dark pool + OTC)
May 6, 2026
earnings_calendar
BROS Q1 2026 Earnings After Market Close — 2026-05-06
May 6, 2026
short_volume
Short Volume: BROS — 61.0% short (2.3M / 3.8M)
Short: 2,334,817 | Exempt: 47,949 | TRF Vol: 3,826,587 | Short Ratio: 61.0% | Off-exchange volume (dark pool + OTC)
May 5, 2026
short_volume
Short Volume: BROS — 57.7% short (0.8M / 1.4M)
Short: 805,737 | Exempt: 13,077 | TRF Vol: 1,396,156 | Short Ratio: 57.7% | Off-exchange volume (dark pool + OTC)
May 4, 2026
short_volume
Short Volume: BROS — 58.0% short (1.0M / 1.7M)
Short: 987,117 | Exempt: 811 | TRF Vol: 1,701,280 | Short Ratio: 58.0% | Off-exchange volume (dark pool + OTC)
Apr 28, 2026
short_volume
Short Volume: BROS — 57.9% short (0.9M / 1.5M)
Short: 874,429 | Exempt: 517 | TRF Vol: 1,509,359 | Short Ratio: 57.9% | Off-exchange volume (dark pool + OTC)
Apr 27, 2026
short_volume
Short Volume: BROS — 55.7% short (0.8M / 1.4M)
Short: 778,232 | Exempt: 286 | TRF Vol: 1,396,095 | Short Ratio: 55.7% | Off-exchange volume (dark pool + OTC)
Apr 27, 2026
dark_pool
Dark Pool: BROS — 4.5M shares, 74,656 trades
Week starting 2026-04-27. Total ATS volume: 4,457,222 shares across 74,656 trades.
Apr 23, 2026
short_volume
Short Volume: BROS — 57.4% short (0.8M / 1.3M)
Short: 756,705 | Exempt: 0 | TRF Vol: 1,317,799 | Short Ratio: 57.4% | Off-exchange volume (dark pool + OTC)
Apr 20, 2026
dark_pool
Dark Pool: BROS — 6.0M shares, 75,139 trades
Week starting 2026-04-20. Total ATS volume: 5,992,320 shares across 75,139 trades.
Apr 20, 2026
short_interest
FTD: BROS — 140,962 shares ($7.5M) failed to deliver
Settlement: 20260420, Price: $53.44, FTD Value: $7,533,009.28, DUTCH BROS INC CL A (DE)
Apr 13, 2026
dark_pool
Dark Pool: BROS — 7.5M shares, 93,028 trades
Week starting 2026-04-13. Total ATS volume: 7,480,236 shares across 93,028 trades.
Apr 6, 2026
dark_pool
Dark Pool: BROS — 3.9M shares, 66,368 trades
Week starting 2026-04-06. Total ATS volume: 3,908,832 shares across 66,368 trades.
Apr 2, 2026
short_interest
FTD: BROS — 13,842 shares ($0.7M) failed to deliver
Settlement: 20260402, Price: $50.56, FTD Value: $699,851.52, DUTCH BROS INC CL A (DE)