BROS

Dutch Bros Inc.

NYSE · Retail-Eating & Drinking Places · Inc. DE · CIK 0001866581
$66.03 -0.72% $11.5B
Insider Selling Cluster (4 insiders)33 New Institutional Positions17 Institutional Exits
Vol
Market Cap$11.5B
Cap SizeLarge Cap
Analyst ConsensusStrong Buy (94%)
Inst. Holders50 funds
Inst. Value$4.3B
Inst. Activity33 buys / 17 sells
Insider Activity1B / 19S
Insider Net $-$251.9M
Reddit Sentiment47° Neutral
SEC Reports4
Exchange NYSE·Sector Retail-Eating & Drinking Places·Inc. DE·CIK 0001866581·Prev Close $66.51

Recent Activity

Jun 12, 2026 SEC
Insider selling cluster: CEO Christine Barone ($2.5M) and Executive Chairman Travis Boersma (via entities, ~$107.6M) sol
CLUSTER — Impact 6/10
Jun 11, 2026 SEC
Five mega-passive institutional investors (BlackRock, State Street, Fidelity, Morgan Stanley, T. Rowe Price) collectivel
INST-CLUSTER — Impact 5/10
Jun 11, 2026 Insider
DM Individual Aggregator, LLC sold 124,771 shares
10%+ Owner @ $62.47 ($7.8M)
Jun 11, 2026 Insider
Boersma Travis sold 233,690 shares
Executive Chairman of Board @ $62.47 ($14.6M)
Jun 11, 2026 Insider
DM Trust Aggregator, LLC sold 233,690 shares
10%+ Owner @ $62.47 ($14.6M)
May 29, 2026 SEC
Dutch Bros insiders, including Executive Chairman Travis Boersma and affiliated entities, sold $30.63M in open-market sh
CLUSTER — Impact 4/10
Inst.
BlackRock, Inc. — ADD
13,878,127 shares ($703.1M)
Inst.
FMR LLC — ADD
9,566,397 shares ($484.6M)

Price Targets

$76.65 +16.1% upside Buy
Current $66.03 Low $61.00 Median $75.00 High $95.00 23 analysts
$61.00 $95.00

Analyst Ratings

Strong Buy94% buy · 31 analysts
12Strong Buy
17Buy
2Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 10, 2026 TD Cowen REITERATE Buy → Buy
Jun 1, 2026 DA Davidson MAINTAIN Buy → Buy
May 21, 2026 DA Davidson MAINTAIN Buy → Buy
May 20, 2026 TD Cowen REITERATE Buy → Buy
May 7, 2026 Citigroup MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.30 ▲ +1.0% $0.27 — $0.32 15% YoY 18
Next Q $0.25 $0.21 — $0.28 31% YoY 18
Current FY $0.94 ▲ +0.5% $0.81 — $1.02 24% YoY 19
Next FY $1.25 ▲ +0.7% $0.90 — $1.48 33% YoY 19

Top Institutional Holders

FundValueMove
BlackRock, Inc.$703.1MADD
FMR LLC$484.6MADD
VANGUARD CAPITAL MANAGEMENT LLC$288.3M
VANGUARD PORTFOLIO MANAGEMENT LLC$277.2M
STATE STREET CORP$191.5MADD

Recent Insider Trades

DateInsiderTypeValue
Jun 11, 2026DM IndividualSELL$7.8M
Jun 11, 2026Boersma TravisSELL$14.6M
Jun 11, 2026DM TrustSELL$14.6M
Jun 10, 2026Boersma TravisSELL$27.9M
Jun 10, 2026DM IndividualSELL$14.9M

Reddit Sentiment

47°
Neutral
Bearish Neutral Bullish
11 mentions 0 bullish 1 bearish
50 institutional holders with $4.3B total value (85,229,400 shares) as of 2026-Q1. Top holders: BlackRock,, FMR, VANGUARD. Net buying activity: 33 institutions added/increased vs 17 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.13,878,127$703.1M16.3%ADD +89.8%
2FMR LLC9,566,397$484.6M11.2%ADD +32.6%
3VANGUARD CAPITAL MANAGEMENT LLC5,690,101$288.3M6.7%
4VANGUARD PORTFOLIO MANAGEMENT LLC5,472,473$277.2M6.4%
5STATE STREET CORP3,779,507$191.5M4.4%ADD +87.1%
6BAILLIE GIFFORD & CO2,994,211$151.7M3.5%
7Point72 Asset Management, L.P.2,777,241$140.7M3.3%DOUBLED +137.0%
8MARSHALL WACE, LLP2,593,857$131.4M3.0%
9MORGAN STANLEY2,463,600$124.8M2.9%ADD +44.1%
10WELLINGTON MANAGEMENT GROUP LLP2,239,807$113.5M2.6%ADD +69.2%
11CITADEL ADVISORS LLC2,006,953$101.7M2.4%
12BANK OF AMERICA CORP /DE/1,814,815$91.9M2.1%ADD +33.4%
13Invesco Ltd.1,706,736$86.5M2.0%ADD +26.9%
14GOLDMAN SACHS GROUP INC1,691,162$85.7M2.0%
15Freestone Grove Partners LP1,504,392$76.2M1.8%DOUBLED +120.6%
16BALYASNY ASSET MANAGEMENT L.P.1,452,514$73.6M1.7%TRIM -41.5%
17AMERIPRISE FINANCIAL INC1,360,846$68.9M1.6%
18CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,211,944$61.4M1.4%
19DIMENSIONAL FUND ADVISORS LP1,204,326$61.0M1.4%
20FULLER & THALER ASSET MANAGEMENT, INC.1,184,354$60.0M1.4%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
BlackRock, Inc.ADD7,310,79713,878,127+89.8%$703.1M2026-Q1
FMR LLCADD7,212,3829,566,397+32.6%$484.6M2026-Q1
STATE STREET CORPADD2,020,1123,779,507+87.1%$191.5M2026-Q1
Point72 Asset Management, L.P.DOUBLED1,171,7702,777,241+137.0%$140.7M2026-Q1
MORGAN STANLEYADD1,709,2562,463,600+44.1%$124.8M2026-Q1
WELLINGTON MANAGEMENT GROUP LLPADD1,324,1072,239,807+69.2%$113.5M2026-Q1
BANK OF AMERICA CORP /DE/ADD1,360,7791,814,815+33.4%$91.9M2026-Q1
Invesco Ltd.ADD1,345,4701,706,736+26.9%$86.5M2026-Q1
Freestone Grove Partners LPDOUBLED681,8031,504,392+120.6%$76.2M2026-Q1
BALYASNY ASSET MANAGEMENT L.P.TRIM2,481,1321,452,514-41.5%$73.6M2026-Q1
Woodline Partners LPDOUBLED492,3081,105,483+124.6%$56.0M2026-Q1
VOYA INVESTMENT MANAGEMENT LLCADD751,4031,093,603+45.5%$55.4M2026-Q1
1832 Asset Management L.P.TRIM1,736,9001,030,300-40.7%$52.2M2026-Q1
CANADA PENSION PLAN INVESTMENT BOARDDOUBLED296,278752,002+153.8%$38.1M2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/NEW727,272$36.8M2026-Q1
RHUMBLINE ADVISERSDOUBLED124,736345,402+176.9%$17.5M2026-Q1
Nuveen, LLCTRIM467,799303,858-35.0%$15.4M2026-Q1
BLAIR WILLIAM & CO/ILADD169,772212,318+25.1%$10.8M2026-Q1
TD ASSET MANAGEMENT INCDOUBLED34,600198,800+474.6%$10.1M2026-Q1
SILVERCREST ASSET MANAGEMENT GROUP LLCADD121,212169,551+39.9%$8.6M2026-Q1
Legal & General Group PlcADD126,781168,529+32.9%$8.5M2026-Q1
FIRST TRUST ADVISORS LPDOUBLED51,029114,218+123.8%$5.8M2026-Q1
Verition Fund Management LLCTRIM172,847113,362-34.4%$5.7M2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THEDOUBLED31,34591,944+193.3%$4.7M2026-Q1
AmundiTRIM148,31381,470-45.1%$4.1M2026-Q1
15 unique insiders with 50 transactions. Net insider value: -$251.9M ($102.3K bought, $252.0M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 11, 2026DM Individual Aggregator, LLC10%+ OwnerSELL124,771$62.47$7.8M
Jun 11, 2026Boersma TravisExecutive Chairman of BoardSELL233,690$62.47$14.6M
Jun 11, 2026DM Trust Aggregator, LLC10%+ OwnerSELL233,690$62.47$14.6M
Jun 10, 2026Boersma TravisExecutive Chairman of BoardSELL461,532$60.35$27.9M
Jun 10, 2026DM Individual Aggregator, LLC10%+ OwnerSELL247,456$60.34$14.9M
Jun 10, 2026DM Trust Aggregator, LLC10%+ OwnerSELL461,532$60.35$27.9M
Jun 10, 2026Barone ChristineCEO and PresidentSELL42,031$60.13$2.5M
Jun 1, 2026DM Individual Aggregator, LLC10%+ OwnerSELL155,692$58.26$9.1M
Jun 1, 2026Boersma TravisExecutive Chairman of BoardSELL291,607$58.26$17.0M
Jun 1, 2026DM Trust Aggregator, LLC10%+ OwnerSELL291,607$58.26$17.0M
May 29, 2026DM Individual Aggregator, LLC10%+ OwnerSELL105,362$58.27$6.1M
May 29, 2026Boersma TravisExecutive Chairman of BoardSELL197,338$58.27$11.5M
May 29, 2026DM Trust Aggregator, LLC10%+ OwnerSELL197,338$58.27$11.5M
May 28, 2026Boersma TravisExecutive Chairman of BoardSELL133,728$56.16$7.5M
May 28, 2026DM Individual Aggregator, LLC10%+ OwnerSELL71,399$56.16$4.0M
May 28, 2026DM Trust Aggregator, LLC10%+ OwnerSELL133,728$56.16$7.5M
May 27, 2026Boersma TravisExecutive Chairman of BoardSELL355,217$56.21$20.0M
May 27, 2026DM Individual Aggregator, LLC10%+ OwnerSELL189,655$56.21$10.7M
May 27, 2026DM Trust Aggregator, LLC10%+ OwnerSELL355,217$56.21$20.0M
May 15, 2026Penegor Todd AllanDirectorBUY2,000$51.18$102.3K
May 13, 2026George KathrynDirectorEXERCISE444
May 13, 2026Davis Thomas JamesDirectorEXERCISE444
May 13, 2026Penegor Todd AllanDirectorEXERCISE444
May 13, 2026Miller Ann MDirectorEXERCISE444
May 13, 2026Hart Gerard JohanDirectorAWARD3,099
May 13, 2026Cone C. DavidDirectorAWARD3,099
May 13, 2026Penegor Todd AllanDirectorAWARD3,099
May 13, 2026MARCHISOTTO KORYDirectorAWARD3,099
May 13, 2026Miller Ann MDirectorAWARD3,099
May 13, 2026Hart Gerard JohanDirectorEXERCISE444
May 13, 2026Gillett StephenDirectorEXERCISE444
May 13, 2026MARCHISOTTO KORYDirectorEXERCISE444
May 13, 2026Gillett StephenDirectorAWARD3,099
May 13, 2026Cone C. DavidDirectorEXERCISE444
May 13, 2026Maw Scott HarlanDirectorAWARD3,099
Apr 27, 2026DM Trust Aggregator, LLC10%+ OwnerCONVERT6,454,800
Apr 27, 2026DM Trust Aggregator, LLC10%+ OwnerCONVERT6,454,800
Apr 27, 2026DM Individual Aggregator, LLC10%+ OwnerCONVERT3,445,200
Apr 27, 2026DM Individual Aggregator, LLC10%+ OwnerCONVERT3,445,200
Apr 27, 2026Boersma TravisExecutive Chairman of BoardCONVERT6,454,800
Apr 27, 2026Boersma TravisExecutive Chairman of BoardCONVERT6,454,800
Apr 22, 2026DM Trust Aggregator, LLC10%+ OwnerJ19,318
Apr 22, 2026DM Trust Aggregator, LLC10%+ OwnerJ27,341
Apr 22, 2026DM Individual Aggregator, LLC10%+ OwnerJ13,277
Apr 22, 2026DM Individual Aggregator, LLC10%+ OwnerJ17,195
Apr 22, 2026Boersma TravisExecutive Chairman of BoardJ19,318
Apr 22, 2026Boersma TravisExecutive Chairman of BoardJ27,341
Mar 1, 2026Daddario NickChief Accounting OfficerAWARD5,036
Mar 1, 2026Barone ChristineCEO and PresidentEXERCISE29,306
Mar 1, 2026Guenser Joshua JChief Financial OfficerEXERCISE11,403

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: 12 strong buy, 17 buy, 2 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$76.65 mean target +16.1% upside Buy (1.29)
$61.00 Low $95.00 High
MetricValue
Current Price$66.03
Target Low$61.00
Target Mean$76.65
Target Median$75.00
Target High$95.00
# Analysts23
RecommendationBuy (1.29)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.30 $0.27 $0.32 15.2% +1.0% 13↑ 4↓ $0.5B 26.2% 18
Next Q
2026-09-30
$0.25 $0.21 $0.28 31.4% -0.0% 11↑ 3↓ $0.5B 26.8% 18
Current FY
2026-12-31
$0.94 $0.81 $1.02 23.7% +0.5% 13↑ 4↓ $2.1B 27.0% 19
Next FY
2027-12-31
$1.25 $0.90 $1.48 32.7% +0.7% 11↑ 5↓ $2.6B 22.9% 19

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.299
7d ago$0.299
30d ago$0.296+0.003
60d ago$0.288+0.011
90d ago$0.287+0.012
10 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 4 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 10, 2026 TD Cowen REITERATE Buy Buy
Jun 1, 2026 DA Davidson MAINTAIN Buy Buy
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

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 2026121720094%
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.

47°
Neutral
Bearish Neutral Bullish
11 mentions 0 bullish 1 bearish 5 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
May 30, 2026242° Neutral012
May 30, 2026450° Neutral004
May 29, 2026350° Neutral003
May 6, 2026150° Neutral001
May 6, 2026150° Neutral001

Recent Reddit Threads

Jun 8, 2026
short_volume
Short Volume: BROS — 61.0% short (0.5M / 0.9M)
Short: 533,710 | Exempt: 502 | TRF Vol: 874,785 | Short Ratio: 61.0% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
short_volume
Short Volume: BROS — 56.5% short (0.8M / 1.3M)
Short: 753,914 | Exempt: 1,812 | TRF Vol: 1,335,437 | Short Ratio: 56.5% | Off-exchange volume (dark pool + OTC)
May 25, 2026
dark_pool
Dark Pool: BROS — 3.7M shares, 58,760 trades
Week starting 2026-05-25. Total ATS volume: 3,687,852 shares across 58,760 trades.
May 18, 2026
dark_pool
Dark Pool: BROS — 5.0M shares, 76,619 trades
Week starting 2026-05-18. Total ATS volume: 4,961,874 shares across 76,619 trades.
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 11, 2026
dark_pool
Dark Pool: BROS — 6.1M shares, 87,705 trades
Week starting 2026-05-11. Total ATS volume: 6,119,574 shares across 87,705 trades.
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 7, 2026
short_interest
FTD: BROS — 14,173 shares ($0.8M) failed to deliver
Settlement: 20260507, Price: $59.06, FTD Value: $837,057.38, DUTCH BROS INC CL A (DE)
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 6, 2026
short_interest
FTD: BROS — 73,893 shares ($4.2M) failed to deliver
Settlement: 20260506, Price: $57.17, FTD Value: $4,224,462.81, DUTCH BROS INC CL A (DE)
May 6, 2026
earnings_calendar
BROS Q1 2026 Earnings After Market Close — 2026-05-06
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)
May 4, 2026
dark_pool
Dark Pool: BROS — 9.2M shares, 110,698 trades
Week starting 2026-05-04. Total ATS volume: 9,210,369 shares across 110,698 trades.
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)