New York, Feb 20, 2026, 05:41 EST — Premarket
- Dutch Bros shares up about 0.9% in premarket after a 6.9% fall on Thursday
- The stock has swung sharply since the company’s latest results and 2026 outlook
- Traders are bracing for U.S. GDP and inflation data due at 8:30 a.m. EST
Dutch Bros (BROS) shares edged higher in premarket trading on Friday, a day after the drive-thru coffee chain slid nearly 7% and dragged its week into a deeper hole. The stock was up about 0.9% at $50.17, after ending Thursday at $49.73. (Yahoo Finance)
The bounce comes ahead of a heavy U.S. data release that can shift rate expectations and, by extension, the appetite for pricier growth stocks. The Bureau of Economic Analysis is due to publish its advance estimate of fourth-quarter GDP and the December personal income and outlays report at 8:30 a.m. EST. (Bureau of Economic Analysis)
Broader sentiment was cautious. The SPDR S&P 500 ETF Trust and the Invesco QQQ Trust were both down in early indications, pointing to a mixed open for U.S. equities.
Dutch Bros’ drop on Thursday left it near the bottom of its day’s range. The shares touched $48.92 and closed at $49.73, with about 10.6 million shares changing hands, according to Yahoo Finance data. (Yahoo Finance)
There has been little fresh company news since Dutch Bros laid out its 2026 targets last week, and traders have been left to fight over the details. In that update, Dutch Bros projected 2026 revenue of about $2.0 billion to $2.03 billion and said adjusted EBITDA — a profit measure that strips out some costs — would be $355 million to $365 million, including the “continued impact of elevated coffee costs.” It also forecast at least 181 systemwide shop openings, and said same-shop sales — growth at locations open long enough to compare — should rise 3% to 5%. (SEC)
Management leaned on expansion and unit economics. CFO Josh Guenser said confidence in the company’s target of 2,029 shops in 2029 “has never been higher,” and pointed to record average unit volumes of $2.1 million in 2025. (SEC)
The move also stood out against larger coffee names. Starbucks was little changed in early trading, underscoring that Dutch Bros’ volatility has been mostly company-specific rather than a sector wave.
But the setup is not clean. Margin pressure remains the obvious risk, and a hotter inflation print could add another headwind by tightening financial conditions and cooling discretionary spending that keeps quick-service chains humming. (Barron’s)
Economists polled by Reuters expect fourth-quarter GDP growth of 3.0%, and the same release window includes the Fed’s preferred inflation gauge, core PCE, seen rising 0.3% in December and running near 2.9% year-on-year. (Reuters)
Dutch Bros also filed its annual report on Form 10-K on Feb. 13, adding a longer, risk-heavy readout for investors who want more than guidance bullets. (SEC)
