Driven Brands Hldgs
(NASDAQ:DRVN)
$11.23
0[0.00%]
At close: May 8
$11.23
0[0.00%]
PreMarket: 4:00PM EDT
Q1 2024 Earnings were released on Thu May 2nd, before the market open
The most recent conference call was at 8:30 AM, 7 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$40.00
Lowest Price Target1
$12.50
Consensus Price Target1
$22.10

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

Driven Brands Holdings Inc has a consensus price target of $22.1, established from looking at the 44 latest analyst ratings. The last 3 analyst ratings were released from Barclays, Canaccord Genuity, and Goldman Sachs on May 6, 2024, May 3, 2024, and May 3, 2024. With an average price target of $17.67 between Barclays, Canaccord Genuity, and Goldman Sachs, there's an implied 57.32% upside for Driven Brands Holdings Inc from these 3 analyst ratings.

Analyst Trend
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Analyst Rating
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3.2
Hold
Strong Buy
Buy
Hold
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Strong Sell

Analyst Firms Making Recommendations1

Barclays
Canaccord Genuity
Goldman Sachs
JP Morgan
Piper Sandler

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Driven Brands Hldgs

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FAQ

Q

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

A

The latest price target for Driven Brands Hldgs (NASDAQ: DRVN) was reported by Barclays on May 6, 2024. The analyst firm set a price target for $22.00 expecting DRVN to rise to within 12 months (a possible 95.90% 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 Barclays, and Driven Brands Hldgs maintained their overweight 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 May 6, 2024 so you should expect the next rating to be made available sometime around May 6, 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 $25.00 to $22.00. The current price Driven Brands Hldgs (DRVN) is trading at is $11.23, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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