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BROS · NYSE · STOCK

Dutch Bros (BROS) Stock Analysis

Consumer Cyclical Updated September 05, 2026
$46.57
52W $44.58 – $74.02
65/100
$7.99B
64.2
2.33
AI Committee Verdict
Buy
65/100
Conviction: Contested · 50% agreement · 4 analysts
+17.2%
-3.4%
4.99:1
Contested

Is BROS Bullish or Bearish?

Bullish. Innellis AI committee rates Dutch Bros Inc. (BROS) Buy with a composite score of 65/100 , based on 4 analysts with 50% agreement. Last updated September 05, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +10.39 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -9.61 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is split. Analysts see this stock differently enough that the current rating reflects genuine uncertainty, not a weak signal.

Bull & Bear Case

Bull Case
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • MACD histogram positive -- bullish momentum — Technical
Bear Case
  • Price structure making lower highs and lower lows — Technical
  • Price structure (HH_HL) contradicts the downtrend -- mixed signals — Technical
  • Price trading below the lower Bollinger Band -- stretched to the downside — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of September 05, 2026
Overall Committee Score
65/100
Agreement
50%
Analysts
4
Conviction
Contested
Sector Rank
Top 12%
of 178 Consumer Cyclical peers
Growth Analyst bullish
85 / 100 · Low confidence
Strong, accelerating growth with consistent execution
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
Technical Analyst neutral
49 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
− Price structure making lower highs and lower lows
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst neutral
60 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3059.07)
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Investment Thesis Evolution

Committee score strengthened from 56.7 to 64.6.

Analyst-level changes:
  • Value Analyst abstained (was bearish at 25).

Comparing 2026-09-04 to 2026-09-05 (1 day apart).

Technical Analysis

RSI (14)
30.6
Neutral
MACD Histogram
0.041
Bullish Momentum
Trend Direction
Downtrend
Weekly: Sideways
Market Structure
Hh Hl
Support
$44.62
Resistance
$54.15
Bollinger %B
-0.04
Below Lower Band
Price vs Moving Averages
EMA 9
$48.73 Below
EMA 21
$51.60 Below
EMA 50
$55.86 Below
EMA 200
$57.57 Below

Fundamental Analysis

Valuation
31
Growth
88
Profitability
31
Financial Health
48
Cash Flow
70
Valuation
P/E Ratio 64.2×
P/B Ratio 7.80×
PEG Ratio 1.21
Dividend Yield 0.00%
52W High $74.02
52W Low $44.58
Quality & Growth
ROE 1172.7%
ROA 265.3%
Gross Margin 2502.1%
Operating Margin 965.6%
Revenue Growth YoY
Debt / Equity 1.51
AI Fundamental Assessment
P/E ratio of 64.2 (rich relative to a 15-40x range); Price-to-book of 7.8x; PEG ratio of 1.2 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 11.7%; Return on assets of 2.7%; Net margin of 4.9%; Gross margin of 25.0%; Current ratio of 1.35 (tight short-term liquidity); Debt-to-equity of 1.51; Free cash flow per share is positive (0.71); Most recent quarter beat estimates by 9.8%; EPS growth accelerating (-5.9% -> +106.2% QoQ); Average YoY EPS growth of 26.9%; Analyst estimates rising over recent quarters
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