Goldman Sachs upgrades Dutch Bros to Buy rating. The investment bank raised BROS from Neutral to Buy with a $75 price target, citing undervalued growth potential in the restaurant sector. The coffee chain reported strong fourth quarter results with revenue climbing 29.4% year-over-year to $443.6 million and net income surging to $29.2 million. For full year 2025, revenue reached $1.64 billion while net income jumped to $117.3 million. The company plans aggressive expansion with at least 181 new store openings in 2026 and projects revenue between $2.0 billion and $2.03 billion. Goldman believes recent stock price declines create a compelling investment opportunity given BROS' attractive growth profile and improving operational metrics.
