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Driven Brands Holdings (DRVN)
NASDAQ:DRVN

Driven Brands Holdings (DRVN) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

DRVN Analyst Ratings

Strong Buy
11Ratings
9 Buy
2 Hold
0 Sell
Based on 11 analysts giving stock ratings to
Driven
Brands Holdings
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

DRVN Stock 12 Month Forecast

Average Price Target

$18.73
▲(32.74% Upside)
Based on 11 Wall Street analysts offering 12 month price targets for Driven Brands Holdings in the last 3 months. The average price target is $18.73 with a high forecast of $25.00 and a low forecast of $14.00. The average price target represents a 32.74% change from the last price of $14.11.
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Highest Price Target$25.00Average Price Target$18.73Lowest Price Target$14.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
J.P. Morgan
$18.00
Buy
27.57%
Upside
Initiated
02/20/24
Driven Brands assumed with an Overweight at JPMorganDriven Brands assumed with an Overweight at JPMorgan
Credit Suisse
$17.00
Hold
20.48%
Upside
Reiterated
08/03/23
Driven Brands price target lowered to $17 from $31 at Credit SuisseDriven Brands price target lowered to $17 from $31 at Credit Suisse
William Blair
Hold
Downgraded
08/02/23
Driven Brands downgraded to Market Perform from Outperform at William BlairDriven Brands downgraded to Market Perform from Outperform at William Blair

Best Analysts Covering Driven Brands Holdings

Which Analyst Should I Follow If I Want to Buy DRVN and Sell After:
1 Month
Chris O`CullStifel Nicolaus
Success Rate
10/16 ratings generated profit
63%
Average Return
+0.07%
reiterated a buy rating 29 days ago
Copying Chris O`Cull's trades and holding each position for 1 Month would result in 62.50% of your transactions generating a profit, with an average return of +0.07% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Peter BenedictRobert W. Baird
Success Rate
8/17 ratings generated profit
47%
Average Return
-3.34%
assigned a buy rating 2 months ago
Copying Peter Benedict's trades and holding each position for 3 Months would result in 47.06% of your transactions generating a profit, with an average return of -3.34% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
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1 Year
Peter BenedictRobert W. Baird
Success Rate
6/17 ratings generated profit
35%
Average Return
-9.06%
assigned a buy rating 2 months ago
Copying Peter Benedict's trades and holding each position for 1 Year would result in 35.29% of your transactions generating a profit, with an average return of -9.06% per trade.
2 Years
Steven ShemeshRBC Capital
Success Rate
4/13 ratings generated profit
31%
Average Return
-20.62%
reiterated a buy rating 10 days ago
Copying Steven Shemesh's trades and holding each position for 2 Years would result in 30.77% of your transactions generating a profit, with an average return of -20.62% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

DRVN Analyst Recommendation Trends

Rating
Dec 23
Jan 24
Feb 24
Mar 24
Apr 24
Strong Buy
9
9
6
5
4
Buy
1
1
5
8
9
Hold
1
2
3
3
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
11
12
14
16
15
In the current month, DRVN has received 13 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. DRVN average Analyst price target in the past 3 months is $18.73.
Each month's total comprises the sum of three months' worth of ratings.
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DRVN Financial Forecast

DRVN Earnings Forecast

Next quarter’s earnings estimate for DRVN is $0.19 with a range of $0.15 to $0.24. The previous quarter’s EPS was $0.19. DRVN beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.72% of the time in the same period. In the last calendar year DRVN has Outperformed its overall industry.
Next quarter’s earnings estimate for DRVN is $0.19 with a range of $0.15 to $0.24. The previous quarter’s EPS was $0.19. DRVN beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.72% of the time in the same period. In the last calendar year DRVN has Outperformed its overall industry.

DRVN Sales Forecast

Next quarter’s sales forecast for DRVN is $584.40M with a range of $572.40M to $602.70M. The previous quarter’s sales results were $553.68M. DRVN beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 57.54% of the time in the same period. In the last calendar year DRVN has Outperformed its overall industry.
Next quarter’s sales forecast for DRVN is $584.40M with a range of $572.40M to $602.70M. The previous quarter’s sales results were $553.68M. DRVN beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 57.54% of the time in the same period. In the last calendar year DRVN has Outperformed its overall industry.

DRVN Stock Forecast FAQ

What is DRVN’s average 12-month price target, according to analysts?
Based on analyst ratings, Driven Brands Holdings’s 12-month average price target is $18.73.
    What is DRVN’s upside potential, based on the analysts’ average price target?
    Driven Brands Holdings has 32.74% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is DRVN a Buy, Sell or Hold?
          Driven Brands Holdings has a conensus rating of Strong Buy which is based on 9 buy ratings, 2 hold ratings and 0 sell ratings.
            What is Driven Brands Holdings’s price target?
            The average price target for Driven Brands Holdings is $18.73. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $25.00 ,the lowest forecast is $14.00. The average price target represents 32.74% Increase from the current price of $14.11.
              What do analysts say about Driven Brands Holdings?
              Driven Brands Holdings’s analyst rating consensus is a Strong Buy. This is based on the ratings of 11 Wall Streets Analysts.
                How can I buy shares of DRVN?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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