** Coffee chain co Dutch Bros BROS.N shares jumping 18.1% before the bell to $60.04 after quarterly results surpass Wall Street's expectations, and encouraging 2026 outlook

** BROS on track for biggest one-day pct gain since Aug 7, if gains hold

** Tempe, Arizona-based firm late Thurs posted Q4 rev of $443.6 mln, up 29% yr/yr, and adj EPS of 17 cents, topping LSEG estimates of rev of $424.8 mln and earnings of 10 cents

** Same-store sales $(SSS)$ grew 7.7%, driven by transaction increases, which was well above analysts' model of 4.2% growth

** For 2026, co forecast total rev of $2-$2.03 bln and SSS growth of 3%-5%

** Jefferies, which has a 'buy' on BROS and $83 PT, pointed to co's strong results and "solid" 2026 guidance, saying that fears of competition are overblown

** 19 of 21 brokerages rate stock "strong buy" or "buy", 2 "hold"; median PT $75 - LSEG

** Through Thurs close, stock down 17% YTD following 17% rise last year

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))