Robert W. Baird upgraded shares of Driven Brands (NASDAQ:DRVN – Free Report) to a strong-buy rating in a research report released on Wednesday,Zacks.com reports.
A number of other research analysts also recently weighed in on the stock. BTIG Research decreased their target price on shares of Driven Brands from $21.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday. Zacks Research raised shares of Driven Brands from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 19th. Freedom Capital raised shares of Driven Brands to a “strong-buy” rating in a research report on Monday, March 23rd. Royal Bank Of Canada decreased their target price on shares of Driven Brands from $20.00 to $18.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Canaccord Genuity Group decreased their target price on shares of Driven Brands from $24.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.86.
Get Our Latest Research Report on DRVN
Driven Brands Stock Down 1.8%
Driven Brands (NASDAQ:DRVN – Get Free Report) last released its earnings results on Tuesday, May 19th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.10. The business had revenue of $259.60 million during the quarter, compared to the consensus estimate of $454.91 million. Driven Brands had a negative net margin of 9.14% and a positive return on equity of 25.31%. Driven Brands has set its FY 2026 guidance at 1.150-1.250 EPS. Research analysts anticipate that Driven Brands will post 1.14 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Lazard Asset Management LLC grew its position in shares of Driven Brands by 0.3% in the 2nd quarter. Lazard Asset Management LLC now owns 216,423 shares of the company’s stock valued at $3,800,000 after acquiring an additional 682 shares during the period. ProShare Advisors LLC grew its position in shares of Driven Brands by 6.9% in the 4th quarter. ProShare Advisors LLC now owns 10,917 shares of the company’s stock valued at $162,000 after acquiring an additional 701 shares during the period. Mariner LLC grew its position in shares of Driven Brands by 1.1% in the 4th quarter. Mariner LLC now owns 71,736 shares of the company’s stock valued at $1,063,000 after acquiring an additional 812 shares during the period. Osaic Holdings Inc. grew its position in shares of Driven Brands by 82.1% in the 2nd quarter. Osaic Holdings Inc. now owns 2,087 shares of the company’s stock valued at $37,000 after acquiring an additional 941 shares during the period. Finally, Vident Advisory LLC grew its position in shares of Driven Brands by 8.0% in the 4th quarter. Vident Advisory LLC now owns 19,620 shares of the company’s stock valued at $291,000 after acquiring an additional 1,458 shares during the period. Institutional investors own 77.08% of the company’s stock.
More Driven Brands News
Here are the key news stories impacting Driven Brands this week:
- Positive Sentiment: Driven Brands reported adjusted EPS of $0.34, which beat the consensus estimate of $0.24, and management also outlined 2026 revenue guidance of $2.0 billion to $2.1 billion, suggesting expectations for continued growth. Driven Brands Holdings Inc. Reports Fourth Quarter and Fiscal Year 2025 Results
- Positive Sentiment: BTIG reiterated a Buy rating on DRVN, and Canaccord Genuity also maintained a Buy rating, indicating that some analysts still see upside despite the earnings noise. Driven Brands Analysts Slash Their Forecasts Following Q4 Results
- Neutral Sentiment: Management’s call and earnings transcript are being closely parsed by investors for clues on margin recovery, debt reduction, and the company’s ability to deliver on its 2026 plan. Driven Brands (DRVN) Q4 2025 Earnings Transcript
- Negative Sentiment: Revenue came in well below estimates at $259.6 million versus expectations of about $455 million, and the company also reported a small gross loss, reinforcing concerns about execution and underlying profitability. Driven Brands Releases Q4 2025 Earnings: Revenue and EPS Miss, Small Gross Loss
- Negative Sentiment: Several firms trimmed price targets after the report, including Morgan Stanley cutting its target to $16 and BTIG lowering its target to $17, a sign that analysts are becoming more cautious on the stock near term. Benzinga analyst target update
About Driven Brands
Driven Brands Holdings Inc (NASDAQ: DRVN) is a leading North American provider of automotive aftermarket services, operating through a network of franchised and company-owned locations. The company’s platform encompasses a diverse portfolio of car care and maintenance brands, including Meineke Car Care Centers, Maaco Collision Repair & Auto Painting, Take 5 Oil Change, and Carstar Collision Repair. Driven Brands delivers a full range of services from routine maintenance and oil changes to collision repair, paint protection, and vehicle customization.
Headquartered in Charlotte, North Carolina, Driven Brands serves both individual consumers and commercial clients across the United States and Canada.
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