Driven Brands Holdings Inc. (NASDAQ:DRVN – Get Free Report) has been given an average recommendation of “Hold” by the ten ratings firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $20.00.
A number of brokerages recently commented on DRVN. BTIG Research reaffirmed a “buy” rating and set a $21.00 price objective on shares of Driven Brands in a research report on Thursday, January 8th. Wall Street Zen downgraded shares of Driven Brands from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Zacks Research lowered shares of Driven Brands from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 21st. William Blair upgraded shares of Driven Brands from a “market perform” rating to an “outperform” rating in a report on Wednesday, December 3rd. Finally, Morgan Stanley cut their price objective on Driven Brands from $20.00 to $17.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th.
Get Our Latest Report on Driven Brands
Driven Brands Stock Down 1.3%
Driven Brands (NASDAQ:DRVN – Get Free Report) last issued its earnings results on Monday, March 16th. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. The company had revenue of $457.33 million for the quarter, compared to the consensus estimate of $459.50 million. Driven Brands had a positive return on equity of 25.31% and a negative net margin of 9.14%.During the same quarter in the prior year, the company earned $0.30 EPS. As a group, analysts expect that Driven Brands will post 0.85 EPS for the current fiscal year.
Insiders Place Their Bets
In other Driven Brands news, insider Scott L. O’melia sold 46,875 shares of the company’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $16.00, for a total value of $750,000.00. Following the transaction, the insider directly owned 326,944 shares of the company’s stock, valued at $5,231,104. This represents a 12.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.30% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Driven Brands
Several large investors have recently made changes to their positions in the company. Osaic Holdings Inc. raised its position in Driven Brands by 82.1% during the second quarter. Osaic Holdings Inc. now owns 2,087 shares of the company’s stock valued at $37,000 after acquiring an additional 941 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Driven Brands by 744.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,103 shares of the company’s stock worth $37,000 after purchasing an additional 1,854 shares during the last quarter. Comerica Bank increased its stake in shares of Driven Brands by 328.8% during the 4th quarter. Comerica Bank now owns 2,933 shares of the company’s stock worth $43,000 after purchasing an additional 2,249 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Driven Brands by 1,113.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,338 shares of the company’s stock valued at $54,000 after purchasing an additional 3,063 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in shares of Driven Brands by 1,347.7% during the 4th quarter. Larson Financial Group LLC now owns 3,822 shares of the company’s stock valued at $57,000 after purchasing an additional 3,558 shares in the last quarter. Institutional investors own 77.08% of the company’s stock.
Trending Headlines about Driven Brands
Here are the key news stories impacting Driven Brands this week:
- Neutral Sentiment: Lead‑plaintiff deadline set for May 8, 2026 — multiple firms are soliciting investors who held DRVN between May 9, 2023 and Feb 24, 2026 to move for lead‑plaintiff status; this is procedural but concentrates litigation activity and could speed case consolidation. Driven Brands Investors: May 8, 2026 Deadline – Kessler Topaz
- Negative Sentiment: Multiple law firms have filed or announced actions alleging pervasive accounting errors and failures of internal controls — the notices cite the company’s disclosure that past fiscal years’ financials may be unreliable, which raises the prospect of restatements and regulatory inquiry. Berger Montague Class Action Notice
- Negative Sentiment: Hagens Berman highlights an ~$800M market‑cap wipeout tied to the accounting disclosure — such headlines amplify investor concern and can sustain selling pressure. Hagens Berman Investor Alert
- Negative Sentiment: Several high‑profile plaintiff firms (e.g., Rosen, Kessler Topaz, Faruqi & Faruqi, Bleichmar Fonti & Auld, Robbins Geller) are publicly soliciting clients and encouraging lead‑plaintiff motions — this increases the likelihood of consolidated litigation and larger potential damage claims. BusinessWire: Law Offices of Howard G. Smith
- Negative Sentiment: One notice cites the company’s disclosure that accounting errors and control failures span multiple years and led to a sharp share price decline (~40% mentioned in some filings), signaling both past harm and ongoing uncertainty about the true financial picture. BFA Law Stock Loss Alert
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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