Driven Brands Holdings Inc. (NASDAQ:DRVN) Receives $20.00 Average PT from Brokerages

Shares of Driven Brands Holdings Inc. (NASDAQ:DRVN) have received an average recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $19.7143.

Several equities research analysts have recently commented on DRVN shares. Weiss Ratings restated a “sell (d)” rating on shares of Driven Brands in a research note on Friday, March 27th. Morgan Stanley cut their price target on Driven Brands from $20.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Piper Sandler cut Driven Brands from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $19.00 to $12.00 in a research note on Wednesday, February 25th. Zacks Research upgraded Driven Brands from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 19th. Finally, Wall Street Zen cut Driven Brands from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th.

Driven Brands Price Performance

Driven Brands stock opened at $12.21 on Friday. Driven Brands has a 12 month low of $9.80 and a 12 month high of $19.74. The company has a debt-to-equity ratio of 2.44, a current ratio of 0.90 and a quick ratio of 0.80. The business has a 50 day simple moving average of $13.46 and a 200-day simple moving average of $14.52. The stock has a market capitalization of $2.01 billion, a PE ratio of -9.85 and a beta of 1.01.

Key Driven Brands News

Here are the key news stories impacting Driven Brands this week:

• Negative Sentiment: Robbins Geller Rudman & Dowd notifies investors of opportunity to lead a class action alleging Driven Brands misled investors about its financial condition and internal controls. DRVN INVESTOR NOTICE: Robbins Geller
• Negative Sentiment: Pomerantz LLP reminds shareholders of a class action filed against Driven Brands and solicits investors who suffered losses to contact the firm. Pomerantz investor alert
• Negative Sentiment: Hagens Berman confirms a securities class action after Driven Brands’ disclosure that prior financials for two years are unreliable due to material accounting errors. Hagens Berman shareholder update
• Negative Sentiment: Bronstein, Gewirtz & Grossman urges investors to act after a class action filing alleging investor harm tied to the accounting problems. Bronstein notice
• Negative Sentiment: Faruqi & Faruqi reminds DRVN investors of the May 8, 2026 deadline to seek lead-plaintiff status in the securities class action covering May 9, 2023–Feb 24, 2026. Faruqi & Faruqi deadline notice
• Negative Sentiment: Berger Montague notifies investors of a class action and the May 8 lead-plaintiff deadline for purchasers in the stated class period. Berger Montague investor reminder
• Negative Sentiment: The Gross Law Firm issues a shareholder alert about the May 8 lead-plaintiff deadline in the DRVN securities suit. Gross Law Firm alert
• Negative Sentiment: The Schall Law Firm notifies shareholders about the class action and encourages contact before the May 8 deadline. Schall Law Firm notice
• Negative Sentiment: Bernstein Liebhard announces a shareholder-filed securities fraud class action covering the same class period and invites investors to join. Bernstein Liebhard alert
• Negative Sentiment: Bleichmar Fonti & Auld highlights that the restatements and alleged false financials triggered a roughly 39% stock drop and a related securities fraud suit. Bleichmar Fonti & Auld court notice
• Negative Sentiment: Levi & Korsinsky and other firms notify institutional investors that they may pursue lead-plaintiff roles in the pending securities litigation. Levi & Korsinsky investor alert
• Negative Sentiment: Rosen Law Firm and others urge shareholders to secure counsel before the May 8 lead-plaintiff deadline. Rosen Law Firm reminder
• Negative Sentiment: Multiple smaller firms (Howard G. Law Offices, DJS, etc.) issue notices that shareholders who lost money may seek recovery through the class action. Howard G. Law Offices notice

Insider Transactions at Driven Brands

In other Driven Brands news, insider Scott L. O’melia sold 46,875 shares of the stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $16.00, for a total value of $750,000.00. Following the completion of the transaction, the insider owned 326,944 shares in the company, valued at approximately $5,231,104. This represents a 12.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 3.50% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Osaic Holdings Inc. raised its position in Driven Brands by 82.1% in 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 in the last quarter. EverSource Wealth Advisors LLC raised its position in Driven Brands by 744.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,103 shares of the company’s stock worth $37,000 after acquiring an additional 1,854 shares in the last quarter. Comerica Bank raised its position in Driven Brands by 328.8% in the fourth quarter. Comerica Bank now owns 2,933 shares of the company’s stock worth $43,000 after acquiring an additional 2,249 shares in the last quarter. Farther Finance Advisors LLC raised its position in Driven Brands by 1,113.8% in the third quarter. Farther Finance Advisors LLC now owns 3,338 shares of the company’s stock worth $54,000 after acquiring an additional 3,063 shares in the last quarter. Finally, Larson Financial Group LLC raised its position in Driven Brands by 1,347.7% in the fourth quarter. Larson Financial Group LLC now owns 3,822 shares of the company’s stock worth $57,000 after acquiring an additional 3,558 shares in the last quarter. Hedge funds and other institutional investors own 77.08% of the company’s stock.

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.