• Dutch Bros Inc. (NYSE:BROS) has experienced a 121% surge in stock price over the past two years, with Citigroup initiating coverage with a "Buy" rating.
• The company reported a 25% revenue growth in the third quarter of 2025, reaching $424 million, with same-shop sales increasing by 5.7%.
• Analysts predict a 26% rise in revenue and a 32% increase in earnings per share in 2026, despite challenges such as rising coffee costs.

Dutch Bros Inc. (NYSE:BROS), a standout in the retail coffee market, is known for its innovative approach with small physical locations and drive-thru setups. Since its IPO in September 2021, the company has caught the eye of investors, showcasing significant growth potential in the restaurant chain sector.

On January 25, 2026, Citigroup initiated coverage on Dutch Bros with a "Buy" rating, indicating a bullish outlook. At this time, the stock was priced at $60.97. This positive sentiment is supported by a 121% surge in the stock price over the past two years, although it is still 27% below its all-time high. The stock's current price of $60.97 represents a 0.54% increase, with a trading range today between $59.90 and $61.46.

The company has demonstrated resilience in a competitive market, with a 25% revenue growth in the third quarter of 2025, reaching $424 million. Same-shop sales increased by 5.7%, driven by strong transaction growth. However, Dutch Bros faces challenges with rising coffee costs, which increased by 70 basis points, impacting beverage, food, and packaging costs. These accounted for 25.9% of shop revenues, a 60-basis-point rise from the previous year.

Despite these cost pressures, Dutch Bros remains focused on traffic-led growth, digital engagement, and disciplined expansion. Analysts are optimistic, predicting a 26% rise in revenue and a 32% increase in earnings per share in 2026. The company's market capitalization stands at approximately $10.54 billion, with a trading volume of 2,809,081 shares today.

The stock's potential to reach $100 by the end of 2026 is a topic of speculation. To achieve this, BROS would need to climb 61% in the next 11 months, surpassing the Wall Street consensus price of $76.95, which suggests a 24% upside. Despite execution risks in expanding to its total addressable market of 7,000 stores, Dutch Bros' same-store sales growth remains a standout in the restaurant sector.