11 Best Coffee Stocks to Buy Now

6. Restaurant Brands International Inc. (NYSE:QSR)

Number of Hedge Fund Holders: 31

Restaurant Brands International Inc. (NYSE:QSR) is one of the largest quick-service restaurant companies globally. It owns popular coffee chain Tim Hortons, along with Burger King, Popeyes, and Firehouse Subs. The Tim Hortons segment offers coffee, tea, and donuts restaurant services. The Firehouse Subs brand also offers blended coffee, espresso-based hot and cold specialty drinks, teas, and other items.

Restaurant Brands International Inc. (NYSE:QSR) reported strong performance in fiscal Q4 2024, surpassing analyst estimates with adjusted diluted EPS of $0.81 compared to projections of $0.784, reflecting an 8% year-over-year growth. Total revenues also slightly exceeded expectations, reaching $2.296 billion and undergoing a 26.2% increase from the previous year.

On March 19, Argus upgraded Restaurant Brands International Inc. (NYSE:QSR) to Buy from Hold with an $80 price target. The firm said it sees “significant room” for the company to grow its brands globally. The analyst told investors in a research note that Restaurant Brands International Inc. (NYSE:QSR) can meet its target of 40,000 restaurants, and its shares can rise considering the prospects of mid-to-high single-digit revenue growth in international markets.