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Dutch Bros Inc.

BROS

Last
$38.14
Day
-4.1%
1y
-19.9%
5y
-11.5%
52w
-46.3%
SPY YTD
+13.3%
XLY
-5.6%
Earnings
2026-11-0425d
EMA 21
40.51
EMA 50
45.78
EMA 200
53.76
20d high
-10.2%
5y high
-54.2%
5y range
30th
Website · 27,000 employees · United States

Positions held

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Score
-6
Hold
avoid
Signal
Sell
Target
$42.15
Stop
$37.80
Stop distance
0.9%
Target vs last
+10.5%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Dutch Bros Inc. is positioned well in the growing consumer cyclical sector, with a strong focus on customer experience and brand loyalty, which can drive revenue growth.
  • In Q2 2026, Dutch Bros reported a revenue increase of 19% compared to the previous quarter, reaching $550.851 million.
  • The gross margin improved to 27.4%, up from 23.1% in the prior quarter, indicating better cost management and pricing power.
Bear case
  • Despite growth, Dutch Bros has a high trailing P/E ratio of 54.25, suggesting that the stock may be overvalued relative to its earnings.
  • The company's score indicates a 'Sell' signal with a score of -6.00, reflecting concerns about market trends and technical indicators.
  • In 2023, Dutch Bros reported a net income of only $1.718 million, highlighting challenges in profitability despite revenue growth.

Fundamentals

Market cap$6.98BEnterprise value$6.60BTrailing P/E55.25Forward P/E29.80
PEG1.29Price / book6.88Beta2.31Dividend yield0.00%
Revenue growth32.5%Earnings growth37.3%Gross margin25.1%Operating margin12.9%
Profit margin4.9%ROE14.6%ROA3.8%Debt / equity1.24
Current ratio1.35Free cash flow$1.72MAnalyst recommendationstrong_buyMean target$72.36
52w high$74.0252w low$37.40

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$551M$464M$444M$424M$416M
Op margin12.8%7.4%7.7%9.8%13.1%
Net income$37.4M$16.1M$21.4M$17.5M$25.6M
Gross margin27.4%23.1%24.1%25.2%28.9%
Gross profit$151M$107M$107M$107M$120M
Operating income$70.4M$34.3M$34.0M$41.5M$54.7M
  • Revenue +19% vs prior quarter ($551M vs $464M).
  • Gross margin 27.4% (was 23.1% prior quarter).
  • Operating margin expanded to 12.8%.

Yearly (6y)

20252024202320222021
Revenue$1.6B$1.3B$966M$739M—
Op margin9.8%8.3%4.8%-0.4%—
Net income$79.8M$35.3M$1.7M-$4.8M—
Gross margin25.9%26.6%26.0%24.5%—
Gross profit$424M$340M$251M$181M—
Operating income$161M$106M$46.2M-$2.6M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

BROS · daily+2.6% over 13 sessions
Close EMA21 EMA50 EMA200
37.2638.0238.7839.5440.302026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$138M$275M$413M$551M0%14%29%2025-Q22025-Q32025-Q42026-Q12026-Q2