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Driven Brands Hldgs

DRVNNASDAQ
Logo brought to you by Benzinga Data
$14.94
0.664.62%
At Close: -
$14.94
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$40.00
Lowest Price Target1
$12.50
Consensus Price Target1
$19.68

Driven Brands Hldgs (NASDAQ:DRVN) Stock, Analyst Ratings, Price Targets, Forecasts

Driven Brands Holdings Inc has a consensus price target of $19.68 based on the ratings of 15 analysts. The high is $40 issued by Stifel on February 27, 2023. The low is $12.5 issued by JP Morgan on May 3, 2024. The 3 most-recent analyst ratings were released by Canaccord Genuity, Benchmark, and RBC Capital on September 19, 2024, August 20, 2024, and August 2, 2024, respectively. With an average price target of $18.67 between Canaccord Genuity, Benchmark, and RBC Capital, there's an implied 24.94% upside for Driven Brands Holdings Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
2
May
1
Jul
3
1
Aug
0
0
0
0
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Canaccord Genuity
Benchmark
RBC Capital
Baird
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Driven Brands Hldgs

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FAQ

Q

What is the target price for Driven Brands Hldgs (DRVN) stock?

A

The latest price target for Driven Brands Hldgs (NASDAQ:DRVN) was reported by Canaccord Genuity on September 19, 2024. The analyst firm set a price target for $20.00 expecting DRVN to rise to within 12 months (a possible 33.87% upside). 24 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Driven Brands Hldgs (DRVN)?

A

The latest analyst rating for Driven Brands Hldgs (NASDAQ:DRVN) was provided by Canaccord Genuity, and Driven Brands Hldgs maintained their buy rating.

Q

When was the last upgrade for Driven Brands Hldgs (DRVN)?

A

The last upgrade for Driven Brands Holdings Inc happened on October 29, 2021 when Morgan Stanley raised their price target to $39. Morgan Stanley previously had an equal-weight for Driven Brands Holdings Inc.

Q

When was the last downgrade for Driven Brands Hldgs (DRVN)?

A

The last downgrade for Driven Brands Holdings Inc happened on May 3, 2024 when JP Morgan changed their price target from $18 to $12.5 for Driven Brands Holdings Inc.

Q

When is the next analyst rating going to be posted or updated for Driven Brands Hldgs (DRVN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Driven Brands Hldgs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Driven Brands Hldgs was filed on September 19, 2024 so you should expect the next rating to be made available sometime around September 19, 2025.

Q

Is the Analyst Rating Driven Brands Hldgs (DRVN) correct?

A

While ratings are subjective and will change, the latest Driven Brands Hldgs (DRVN) rating was a maintained with a price target of $19.00 to $20.00. The current price Driven Brands Hldgs (DRVN) is trading at is $14.94, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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