$14.52
0.13[0.90%]
At close: Apr 29
$14.52
0[0.00%]
After Hours: 4:00PM EDT
Driven Brands Hldgs
(NASDAQ:DRVN)Driven Brands Hldgs Stock (NASDAQ:DRVN), Analyst Ratings, Price Targets, Predictions
Driven Brands Holdings Inc has a consensus price target of $23.86, established from looking at the 39 latest analyst ratings. The last 3 analyst ratings were released from Canaccord Genuity, RBC Capital, and Piper Sandler on March 18, 2024, February 26, 2024, and February 26, 2024. With an average price target of $18.67 between Canaccord Genuity, RBC Capital, and Piper Sandler, there's an implied 28.56% upside for Driven Brands Holdings Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Canaccord Genuity
RBC Capital
Piper Sandler
JP Morgan
Morgan Stanley
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Driven Brands Hldgs
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/18/2024 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 44.63% | Canaccord Genuity | Brian McNamara | $20 → $21 | Maintains | Buy | Get Alert |
| 02/26/2024 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 17.08% | RBC Capital | Steven Shemesh | $20 → $17 | Maintains | Outperform | Get Alert |
| 02/26/2024 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 23.97% | Piper Sandler | Peter Keith | $22 → $18 | Maintains | Overweight | Get Alert |
| 02/23/2024 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 37.74% | Canaccord Genuity | Brian McNamara | $22 → $20 | Maintains | Buy | Get Alert |
| 02/20/2024 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 23.97% | JP Morgan | Christopher Horvers | $19 → $18 | Maintains | Overweight | Get Alert |
| 01/16/2024 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | -3.58% | Morgan Stanley | Simeon Gutman | $22 → $14 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 11/02/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 51.52% | Piper Sandler | Peter Keith | $23 → $22 | Maintains | Overweight | Get Alert |
| 11/02/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 51.52% | Morgan Stanley | Simeon Gutman | $24 → $22 | Maintains | Overweight | Get Alert |
| 11/02/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 23.97% | Goldman Sachs | Kate McShane | $21 → $18 | Maintains | Neutral | Get Alert |
| 09/22/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 72.18% | Barclays | Seth Sigman | $27 → $25 | Maintains | Overweight | Get Alert |
| 09/21/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 113.5% | B of A Securities | Elizabeth Suzuki | $36 → $31 | Maintains | Buy | Get Alert |
| 09/21/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 37.74% | RBC Capital | Steven Shemesh | → $20 | Reiterates | Outperform → Outperform | Get Alert |
| 08/04/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 85.95% | Barclays | Seth Sigman | $35 → $27 | Maintains | Overweight | Get Alert |
| 08/03/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 65.29% | Canaccord Genuity | Brian McNamara | $41 → $24 | Maintains | Buy | Get Alert |
| 08/03/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 65.29% | Morgan Stanley | Simeon Gutman | $37 → $24 | Maintains | Overweight | Get Alert |
| 08/03/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 37.74% | RBC Capital | Steven Shemesh | $40 → $20 | Maintains | Outperform | Get Alert |
| 08/03/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 17.08% | Credit Suisse | Karen Short | $31 → $17 | Maintains | Neutral | Get Alert |
| 08/03/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | 44.63% | Goldman Sachs | Kate McShane | $33 → $21 | Maintains | Neutral | Get Alert |
| 08/02/2023 | DRVN | Buy Now | Driven Brands Hldgs | $14.52 | — | William Blair | Sharon Zackfia | — | Downgrade | Outperform → Market Perform | Get Alert |
FAQ
What is the target price for Driven Brands Hldgs (DRVN)?
The latest price target for Driven Brands Hldgs (NASDAQ: DRVN) was reported by Canaccord Genuity on March 18, 2024. The analyst firm set a price target for $21.00 expecting DRVN to rise to within 12 months (a possible 44.63% upside). 21 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Driven Brands Hldgs (DRVN)?
The latest analyst rating for Driven Brands Hldgs (NASDAQ: DRVN) was provided by Canaccord Genuity, and Driven Brands Hldgs maintained their buy rating.
When was the last upgrade for Driven Brands Hldgs (DRVN)?
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.
When was the last downgrade for Driven Brands Hldgs (DRVN)?
The last downgrade for Driven Brands Holdings Inc happened on January 16, 2024 when Morgan Stanley changed their price target from $22 to $14 for Driven Brands Holdings Inc.
When is the next analyst rating going to be posted or updated for Driven Brands Hldgs (DRVN)?
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 March 18, 2024 so you should expect the next rating to be made available sometime around March 18, 2025.
Is the Analyst Rating Driven Brands Hldgs (DRVN) correct?
While ratings are subjective and will change, the latest Driven Brands Hldgs (DRVN) rating was a maintained with a price target of $20.00 to $21.00. The current price Driven Brands Hldgs (DRVN) is trading at is $14.52, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.