Prediction: Here's What a $10,000 Investment in Dutch Bros (BROS) Stock Could Be Worth by 2029
The retail coffee chain has focused aggressively on expanding its physical footprint.
Overview
Unlike its caffeinated beverages, Dutch Bros (NYSE: BROS) shares haven't energized investors' portfolios. They currently trade 55% off their peak (as of Sept. 24).
However, the business does have notable potential. This is precisely what the thesis rests on. For example, management believes it will have 2,029 stores open by 2029, up from 1,225 locations as of June 30.
Details
Here's what a $10,000 investment in this coffee stock could be worth by 2029 if it achieves this growth target.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.