Wall Street analyst estimates for Dutch Bros Inc. (BROS): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Dutch Bros Inc., in collaboration with its subsidiaries, operates and licenses drive-thru establishments throughout the United States. The company's business model is divided into two primary divisions: its directly owned and managed shops, and its franchising and other related ventures. Customers are served through the firm's corporate-operated locations and its online platforms, utilizing brand names like Dutch Bros, Dutch Bros Coffee, Dutch Bros Rebel, and Blue Rebel.
Consensus price target
$68.13 (+59 % vs price $42.87)
between $46.00 and $82.00 · 9 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $2.1B | $2.1B – $2.1B | $0.95 | 12 |
| 2027E | $2.7B | $2.6B – $2.7B | $1.26 | 12 |
| 2028E | $3.2B | $3.1B – $3.4B | $1.60 | 7 |
Figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 24 |
| Hold | 2 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 26 |
| Avg rating (−2 sell to +2 buy) | 0.92 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-04 | $0.24 | ||
| 2026-08-05 | $0.33 | $0.29 | +14.0% |
| 2026-05-06 | $0.16 | $0.16 | +0.0% |
| 2026-02-12 | $0.17 | $0.10 | +70.0% |
| 2025-11-05 | $0.19 | $0.17 | +13.6% |
| 2025-08-06 | $0.26 | $0.18 | +44.4% |
| 2025-05-07 | $0.14 | $0.10 | +35.4% |
| 2025-02-12 | $0.07 | $0.02 | +250.0% |
Valuation Ratios
| P/E Ratio | 59.54 |
| Price / Book | 7.23 |
| EV / EBITDA | 30.31 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $238.4M | $327.4M | $497.9M | $739.0M | $965.8M | $1.28B | $1.64B |
| Cost of Revenue | $142.3M | $211.5M | $344.6M | $558.1M | $714.5M | $940.9M | $1.21B |
| Gross Profit | $96.1M | $115.9M | $153.3M | $180.9M | $251.3M | $340.1M | $423.9M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $65.8M | $104.9M | $264.5M | $183.5M | $205.1M | $234.0M | $259.4M |
| Operating Expenses | $65.8M | $104.9M | $264.5M | $183.5M | $205.1M | $234.0M | $262.8M |
| Operating Income | $30.3M | $11.0M | -$111.2M | -$2.6M | $46.2M | $106.1M | $161.2M |
| EBITDA | $40.5M | $26.2M | -$87.2M | $46.1M | $118.4M | $204.9M | $279.1M |
| Interest Expense | $2.3M | $3.7M | $7.1M | $18.0M | $32.3M | $27.0M | $28.3M |
| Pre-tax Income | $28.5M | $6.9M | -$119.6M | -$16.7M | $16.9M | $84.9M | $135.6M |
| Income Tax | $89,000 | $1.2M | -$1.6M | $2.6M | $7.0M | $18.4M | $18.3M |
| Net Income | $28.4M | $5.7M | -$12.7M | -$4.8M | $1.7M | $35.3M | $79.8M |
| EPS | $0.61 | $0.00 | $-0.28 | $-0.09 | $0.03 | $0.31 | $0.64 |
| EPS (Diluted) | $0.61 | $0.00 | $-0.28 | $-0.09 | $0.03 | $0.31 | $0.63 |
| Shares Outstanding (Diluted) | 46.7 M | 46.7 M | 45.9 M | 51.9 M | 62.1 M | 114.8 M | 125.8 M |
Price
| Price | $42.87 (closing price, October 30, 2026) |
| Market Cap | $8.1B |
| Exchange | NYSE |
| Country | US |
Related companies: SBUX · DPZ · TXRH · WING · CMG · YUM · QSR · CAVA
Explore sector: Consumer Cyclical · Restaurants
More sections of BROS: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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