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News  ›  The Motley Fool

Dutch Bros: Could This Fast-Growing Coffee Chain Be a Long-Term Winner?​

The Motley Fool Logo The Motley Fool By Will Healy
Dutch Bros: Could This Fast-Growing Coffee Chain Be a Long-Term Winner?​

Dutch Bros has expanded rapidly from 471 to 1,081 locations across 24 states since its 2021 IPO, with $1.2 billion in revenue (27% YoY growth) and $58 million net income (85% YoY growth) in the first nine months of 2025. However, the stock's 126 P/E ratio—far above the S&P 500 average of 31—may concern investors despite plans to double store count to 2,029 by 2029.

Insights
JPMpD   neutral

Mentioned as launching tokenization initiatives without specific details about success or scale


BROS   neutral

Strong fundamentals with 27% revenue growth and aggressive expansion plans (doubling stores by 2029) are offset by a significantly elevated P/E ratio of 126 versus market average of 31, creating uncertainty about near-term stock direction despite long-term growth potential.