Dutch Bros Inc, the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Dennis Geiger from UBS maintained a Buy rating on the stock and has a $85.00 price target.
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Dennis Geiger has given his Buy rating due to a combination of factors that position Dutch Bros Inc for significant growth. The company is poised for substantial store expansion, supported by its industry-leading growth trajectory and ongoing sales momentum, which are expected to be sustainable through 2026. Dutch Bros’ growth strategy is underpinned by a robust store development opportunity, strong unit returns, and a unique company culture.
Geiger’s analysis highlights the potential for Dutch Bros to expand in existing markets, particularly in metropolitan areas across several states, which could increase its exposure to higher-income consumers and broaden its customer base. The company’s long-term store development plan, aiming for mid-teens percentage growth and a target of over 2,000 units by 2029, is deemed achievable due to strong new store performance and favorable economic conditions. Additionally, multiple sales drivers, including menu innovation and enhanced operations, are expected to support continued sales momentum into 2026, further justifying the Buy rating.
According to TipRanks, Geiger is a 3-star analyst with an average return of 3.0% and a 57.62% success rate. Geiger covers the Consumer Cyclical sector, focusing on stocks such as Cracker Barrel, Domino’s Pizza, and Yum! Brands.
In another report released yesterday, Jefferies also maintained a Buy rating on the stock with a $83.00 price target.