Dutch Bros (BROS): KeyBanc Highlights Compelling Growth Story

Dutch Bros Inc. (NYSE:BROS) is one of the Stocks That Could Mint Millionaires in 2026.

On December 17, KeyBanc analyst Christopher Carril initiated coverage of Dutch Bros Inc. (NYSE:BROS) stock with an Overweight rating and $77 price target. In an investor note, the analyst noted that the company represented one of the most compelling growth stories, driven by mid-teens unit growth, and while shares had outperformed peers in 2025, the performance had not fully reflected strong fundamentals, as sentiment around the fast casual segment remained largely negative. The company’s sales drivers in 2026 were highly visible, including an expanded food menu and growth in mobile ordering, the analyst added.

On November 5, the company posted earnings for the third quarter of 2025, reporting earnings per share of $0.19, beating estimates by $0.02. The revenue over time was $423.58 million, up 25.2% year-on-year and beating expectations by $9.98 million. It also updated guidance numbers for the 2025 fiscal year. Total revenues are now projected to be between approximately $1.61 billion and $1.615 billion, versus consensus estimates of $1.60 billion. Same shop sales growth is now expected to be approximately 5%.

Dutch Bros Inc. (NYSE:BROS) operates and franchises drive-thru shops in the United States.

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