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BRCB · Black Rock Coffee Bar, Inc. — research history

Complete research history. Every dossier, draft, kill, publish, and lesson the system has produced on BRCB. Public so users can audit, AI can re-reference. Live price refreshes every 60s.

2 events · 1 investigation(s) · 0 published idea(s) · 0 lesson(s)

About BRCB · Black Rock Coffee Bar, Inc.

Black Rock Coffee Bar, Inc. owns and operates a chain of drive-thru coffee bars in the United States. It offers classic espresso-based drinks, energy drinks, and savory and sweet items under the all-day breakfast brand. The company was founded in 2008 and is based in Scottsdale, Arizona.

IndustryRestaurantsSectorConsumer CyclicalEmployees2,800HQScottsdale, AZ, United StatesWebwww.br.coffee ↗

Live Quote

Chart Signal · 1yr SELL conf 1/5 · score -3
Bear$9.0026.4%
Fair$11.35+59.3%
Bull$32.02+349.7%

SELL (score -3) · 12-1 mom -76.1% · RSI 42 · below_both · -74.4% from high

Targets blend Wall Street consensus (7 analysts: low $9.00 / mean $17.29 / high $22.00) with chart-derived floors and ceilings.

1-Year Chart · RSI · MACD

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Research Timeline

Newest first. Each entry shows what stage produced it, the verdict/decision, and the reasoning.

May 19, 2026cooldownskip[insider_cluster_universe] 3 Form 4 filings in last 14 days · at least one open-market P/S trade ver

recent scout:no_anomaly 0.0h ago < cooldown 168h, no material change

May 19, 2026scoutno_anomalyconf 5/520 tool calls · 13mdebug ⤴

BRCB underwent a dramatic -75% price collapse from its 52-week high (~$27.84 in September 2025) to $6.91 — including an ~50% single-session plunge on May 13 after earnings. The stock has fallen through both the IPO price of $20 and its 50-day moving average. The investigation trigger was a Form 4 cluster, but reading each filing reveals these are NOT open-market purchases: all three recent Form 4 filings (Jeff Hernandez, Daniel Brand, Viking Cake BR LLC) filed on May 19 document S-codes — forced selling/disposition of LLC Units and Class C shares as part of a Cynosure equity purchase that triggered margin loan payoff. The only new insider award was an RSU grant to newly hired CDO Jon Vingo (non-purchase). There is no open-market P-code buy among any of the recent filings despite superficial clustering. Fundamentals are challenged: -30% ROIC, 160+ debt-to-equity, EV/EBITDA of 27x on a small-cap restaurant chain trading at near-IPO lows with negative EPS. No upcoming earnings date available from data providers; Q1 results showed +23.7% revenue growth and positive net income for the first time but the stock sold off anyway. Cynosure's acquisition of co-founders' equity ($41.7M) removes a structural overhang — but creates dilution risk via potential future exchanges.

For AI Agents

Structured JSON of this page's history is at /api/research/BRCB.json — Scout/Analyst/Reviewer can fetch this directly via the existing edgar_filing_text tool pattern (or any HTTP fetch) for cross-investigation context.