Group 1 - Dutch Bros (BROS) shares have increased by 4.5% over the past four weeks, closing at $65.4, with a mean price target of $82.88 indicating a potential upside of 26.7% [1] - The mean estimate consists of 16 short-term price targets with a standard deviation of $6.27, where the lowest estimate is $73.00 (11.6% increase) and the highest is $95.00 (45.3% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, with the Zacks Consensus Estimate for the current year increasing by 13.6% over the past month [11][12] Group 2 - The Zacks Rank for BROS is 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While price targets can be misleading, the direction implied by the consensus price target suggests potential upside for BROS [10][14] - Analysts' price targets may be influenced by business incentives, leading to overly optimistic estimates [8][9]
Wall Street Analysts Think Dutch Bros (BROS) Could Surge 26.73%: Read This Before Placing a Bet