Morgan Stanley Begins Coverage of Black Rock Coffee Bar with Overweight Rating and Sets Price Target at $28

Written by Emily J. Thompson, Senior Investment Analyst

Source: Benzinga

Updated: Oct 07 2025

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BRCB-5.86%

Should l Buy BRCB?

Source: Benzinga

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Analyst Views on BRCB

Wall Street analysts forecast BRCB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BRCB is 28.25 USD with a low forecast of 27.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

5 Analyst Rating

5 Buy

0 Hold

0 Sell

Strong Buy

Current: 15.360

Low

27.00

Averages

28.25

High

30.00

Current: 15.360

Low

27.00

Averages

28.25

High

30.00

Raymond James

Brian Vaccaro

Outperform

maintain

$26 -> $28

2025-10-16

Reason

Raymond James

Brian Vaccaro

Price Target

$26 -> $28

AI Analysis

2025-10-16

maintain

Outperform

Reason

Raymond James analyst Brian Vaccaro raised the firm's price target on Black Rock Coffee to $28 from $26 and keeps an Outperform rating on the shares. A selective stance is maintained across the restaurant sector ahead of what is expected to be a mixed and volatile Q3 earnings season, marked by softer limited-service trends, continued strength in casual dining, and potential commodity inflation for beef-heavy operators offset by lower chicken and dairy costs, the analyst tells investors in a research note. Recent industry softness, despite resilient overall consumer spending, appears driven by pressure on lower-income consumers, elevated unemployment among younger demographics, and broader sentiment headwinds possibly linked to political uncertainty, the firm says.

About BRCB

Black Rock Coffee Bar, Inc. is an operator of drive-thru coffee bars offering caffeinated beverages. The Company offers a broad range of coffee beverages, such as Nitro Cold Brew, and Caramel Blondie. Its menu includes Seasonal, Fuel Energy, Favorites, Coffee & Espresso, Chillers, Chai & Matcha, Tea, Coffeeless, Lil Rockers, and Breakfast Anytime. Its Seasonal menu items include Frozen Caramel Apple Fuel, Frozen Phantom Frost Fuel, Frozen Vampire Venom Fuel, Iced Caramel Apple Fuel, Iced Phantom Frost Fuel, Iced Vampire Venom Fuel, Pumpkin Blondie, Pumpkin Chai Latte, Pumpkin Spiced Latte, Iced Butterscotch Breve, Butterscotch Shake, among others. Its Fuel Energy menu items include Blue Lagoon Fuel, Blue Melon Fuel, Create Your Own Frozen Fuel, Create Your Own Iced Fuel, Fuel by the Can, Iced Sublime Fuel, Mai Tai Fuel, Purple Galaxy Fuel, Star Burst Fuel, Sunrise Fuel, and Teal Fuel. Its Favorites menu items include Blackout, Caramel Blondie, Caramel Truffle, Cold Brew, among others.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Black Rock Coffee Opens New Location in Denver Area

Jan 28 2026Newsfilter

New Store Opening: Black Rock Coffee is set to open a new location in Parker, Colorado on January 30, 2026, marking its fifteenth store in the state and reinforcing the brand's expansion momentum in the region.
Grand Opening Promotions: During the opening week, customers can enjoy various specials, including free 16-ounce drinks on January 30 and a free T-shirt with any purchase on February 3, aimed at attracting more customers to experience the brand's warmth and hospitality.
Rewards Program: Customers can earn 'bolts' through the Black Rock Rewards app with every purchase, whether in-store or online, enhancing customer loyalty and brand engagement.
Menu Innovations: The new location will feature menu additions like protein-packed Egg Bites and seasonal favorites such as Pecan Pie Blondie, designed to attract a broader consumer base and boost overall sales performance.

Biohaven Ltd's Depression Drug Trial Fails to Meet Primary Endpoint, Shares Plunge 14.3%

Dec 26 2025Benzinga

Drug Trial Failure: Biohaven Ltd announced that its depression drug BHV-7000 failed to significantly reduce depressive symptoms in a six-week clinical trial, causing shares to plummet 14.3% to $9.27 in pre-market trading, reflecting a substantial decline in market confidence regarding its R&D capabilities.
Severe Market Reaction: The news of the trial's failure triggered panic among investors, leading to a rapid decline in Biohaven's stock price during pre-market trading, indicating the high sensitivity of the biopharmaceutical sector to clinical outcomes, which may impact the company's future financing and R&D plans.
Increased Competitive Pressure: With Biohaven's drug trial failure, market attention shifts to other competitors, particularly in the depression treatment space, potentially leading investors to reassess the market outlook and investment value of related companies.
Wider Industry Implications: Biohaven's failure could have a ripple effect across the biopharmaceutical industry, particularly in terms of R&D investments and clinical trial designs, prompting other companies to more cautiously evaluate their drug development strategies.

The Future of Coffee: Why Starbucks Won't Dominate It

Nov 03 2025WSJ

Coffee Market Dynamics: Coffee is a highly profitable and habit-forming product in the restaurant industry, yet few brands have achieved national prominence.
Starbucks' Dominance: Howard Schultz's transformation of Starbucks into a global brand has set a high bar, with the company and Dunkin’ Brands controlling approximately 85% of the U.S. coffee market by sales.