Wall Street Zen lowered shares of Driven Brands (NASDAQ:DRVN – Free Report) from a buy rating to a hold rating in a research note published on Saturday morning.
Several other research firms also recently commented on DRVN. Canaccord Genuity Group set a $17.00 target price on shares of Driven Brands in a research report on Friday. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $14.75 price target on shares of Driven Brands in a research report on Wednesday, May 20th. Benchmark reiterated a “buy” rating on shares of Driven Brands in a research note on Tuesday, May 26th. BTIG Research reissued a “buy” rating and set a $17.00 price objective on shares of Driven Brands in a report on Friday, June 12th. Finally, Weiss Ratings raised Driven Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Driven Brands currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.77.
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Driven Brands Price Performance
Driven Brands (NASDAQ:DRVN – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The company reported $0.29 EPS for the quarter. Driven Brands had a net margin of 8.61% and a return on equity of 24.50%. As a group, equities analysts predict that Driven Brands will post 1.08 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Driven Brands
Several hedge funds have recently modified their holdings of DRVN. Osaic Holdings Inc. increased 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 worth $37,000 after acquiring an additional 941 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Driven Brands by 744.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,103 shares of the company’s stock valued at $37,000 after purchasing an additional 1,854 shares during the period. Comerica Bank boosted its holdings in Driven Brands by 328.8% in the 4th quarter. Comerica Bank now owns 2,933 shares of the company’s stock valued at $43,000 after purchasing an additional 2,249 shares during the period. Larson Financial Group LLC grew its position in Driven Brands by 1,347.7% in the 4th quarter. Larson Financial Group LLC now owns 3,822 shares of the company’s stock worth $57,000 after purchasing an additional 3,558 shares during the last quarter. Finally, SJS Investment Consulting Inc. grew its position in Driven Brands by 420.2% in the 1st quarter. SJS Investment Consulting Inc. now owns 4,500 shares of the company’s stock worth $57,000 after purchasing an additional 3,635 shares during the last quarter. 77.08% of the stock is owned by institutional investors.
Driven Brands News Roundup
Here are the key news stories impacting Driven Brands this week:
- Positive Sentiment: Activist investor ADW Capital Management, which owns approximately 4.8% of Driven Brands, urged the board and controlling shareholder Roark Capital to begin an immediate public strategic review. ADW is seeking a potential sale of the entire company or individual business segments, an independent special committee, and an outside financial adviser. The campaign could increase the prospect of a takeover, asset sales, or other actions to unlock shareholder value. ADW Capital letter to Driven Brands
- Neutral Sentiment: Driven Brands reported second-quarter 2026 adjusted earnings of $0.29 per share and revenue of $507.4 million. Results were broadly in line with expectations, with revenue slightly above consensus and earnings beating some estimates, although another estimate placed EPS just below expectations. Driven Brands reports second-quarter 2026 results
- Negative Sentiment: The quarterly update also showed underlying year-over-year pressure: revenue declined 7.9% and EPS fell from $0.36 in the prior-year period to $0.29. The earnings decline and softer sales may limit the stock’s upside unless the strategic-review campaign gains traction. Driven Brands second-quarter earnings analysis
Driven Brands Company Profile
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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