Should You Buy, Sell or Hold This Mid Cap Stock-BROS

Acrobull UK Advisory Services Ltd.

November 25			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Dutch Bros Inc.	BROS-NYSE	Consumer Cyclical		$8.878 Billion	Medium

Dutch Bros Inc., together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments.

Recent Highlights

CEO Statement- Barone said, “Dutch Bros continues to outperform expectations, fueled by the passion our broistas bring every day, a targeted set of transaction-driving initiatives that support multi-year growth, and the strong performance and pipeline of our new shop openings.

He added, “Our third-quarter results further validate the power of our differentiated strategy and the exciting path ahead. We achieved 25% revenue growth, system same-shop sales growth of 5.7%, and company-operated same-shop sales growth of 7.4%. This quarter represents our fifth straight period of positive transaction growth, setting Dutch Bros apart in the industry. New shop productivity remains strong, systemwide AUVs have reached record levels, and robust same-shop sales through October continue to reinforce our confidence in reaching 2,029 shops by 2029.

Third Quarter 2025 Financial Highlights

During the quarter, the company continued to demonstrate strong operational and financial momentum. A total of 38 new shops were opened across 17 states, including 34 company-operated locations, further expanding the brand’s national footprint and supporting long-term growth ambitions.

Total revenues reached $423.6 million, an increase of 25.2% compared to $338.2 million in the same period of 2024, reflecting both new unit growth and healthy performance across the system.

Systemwide same-shop sales rose 5.7%, with same-shop transactions up 4.7% year over year. Company-operated shops also delivered solid results, recording a 7.4% increase in same-shop sales and a 6.8% increase in same-shop transactions versus the prior year period.

Profitability strengthened as well. Net income grew to $27.3 million, compared with $21.7 million in the same quarter of 2024.

Adjusted EBITDA increased 22.3% to $78.0 million, up from $63.8 million a year earlier, underscoring the company’s disciplined execution, operational efficiency, and sustained demand across its expanding footprint.

Stock Observation-Looking ahead, Elastic remains well-positioned to continue its strong growth trajectory, building on the momentum from Q2. With total revenue of $423 million, reflecting a 16% year-over-year increase (or 15% on a constant currency basis), we are confident in our ability to drive sustained expansion as we further capitalize on the growing demand for our AI-powered search, observability, and security solutions. As we continue to innovate and expand our product offerings, we expect to see ongoing growth across both our subscription and cloud-based revenue streams, reinforcing our leadership in the market.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull UK maintains Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull UK only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull UK would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull UK is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull UK does not guarantee returns.

Acrobull UK Recommendation Based on Evaluation

Current Market Price	$53.36 USD
Acrobull Recommendation	Buy
Target Price	$59.58 USD
RSI Level	25 RSI
Total Shares Outstanding	127.03 Million
Shares Held by Insiders Shares Held by Institutions Risk Factor Stop Loss	3.32% 92.88% Medium 5%