Driven Brands (DRVN) Stock Forecast, Price Target & Predictions
DRVN Stock Forecast
Driven Brands stock forecast is as follows: an average price target of $18.60 (represents a 15.82% upside from DRVN’s last price of $16.06) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
DRVN Price Target
The average price target for Driven Brands (DRVN) is $18.60 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $16.00. This represents a potential 15.82% upside from DRVN's last price of $16.06.
DRVN Analyst Ratings
According to 9 Wall Street analysts, Driven Brands's rating consensus is 'Hold'. The analyst rating breakdown for DRVN stock is 0 'Strong Buy' (0.00%), 3 'Buy' (33.33%), 6 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Driven Brands Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 06, 2024 | Chris O\'Cull | Stifel Nicolaus | $20.00 | $15.05 | 32.89% | 24.53% |
| Nov 01, 2024 | Steven Shemesh | RBC Capital | $20.00 | $14.75 | 35.59% | 24.53% |
| Sep 19, 2024 | Brian McNamara | Canaccord Genuity | $20.00 | $15.00 | 33.33% | 24.53% |
| Aug 02, 2024 | Peter Keith | Piper Sandler | $17.00 | $14.12 | 20.40% | 5.85% |
| Aug 01, 2024 | Kate McShane | Goldman Sachs | $16.00 | $14.51 | 10.27% | -0.37% |
| May 06, 2024 | Steven Shemesh | RBC Capital | $14.00 | $11.59 | 20.79% | -12.83% |
| May 06, 2024 | Seth Sigman | Barclays | $22.00 | $11.59 | 89.82% | 36.99% |
| May 03, 2024 | Peter Keith | Piper Sandler | $14.00 | $11.69 | 19.81% | -12.83% |
| Mar 18, 2024 | Brian McNamara | Canaccord Genuity | $21.00 | $15.02 | 39.81% | 30.76% |
| Feb 08, 2023 | Barclays | $35.00 | $28.73 | 21.82% | 117.93% | |
| Dec 20, 2022 | Credit Suisse | $31.00 | $26.67 | 16.24% | 93.03% | |
| Dec 06, 2022 | RBC Capital | $37.00 | $29.97 | 23.46% | 130.39% |
The latest Driven Brands stock forecast, released on Nov 06, 2024 by Chris O\'Cull from Stifel Nicolaus, set a price target of $20.00, which represents a 32.89% increase from the stock price at the time of the forecast ($15.05), and a 24.53% increase from DRVN last price ($16.06).
Driven Brands Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 9 |
| Avg Price Target | - | $20.00 | $18.22 |
| Last Closing Price | $16.06 | $16.06 | $16.06 |
| Upside/Downside | -100.00% | 24.53% | 13.45% |
In the current month, the average price target of Driven Brands stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Driven Brands's last price of $16.06. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 19, 2024 | RBC Capital | Market Perform | Market Perform | Hold |
| Sep 19, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Sep 19, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| Aug 20, 2024 | RBC Capital | Market Perform | Market Perform | Hold |
| Aug 20, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| Aug 02, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 02, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 01, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Jul 22, 2024 | BMO Capital | Market Perform | Initialise | |
| May 06, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 06, 2024 | Barclays | Overweight | Overweight | Hold |
| May 03, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 03, 2024 | William Blair | Market Perform | Market Perform | Hold |
| Aug 03, 2023 | Goldman Sachs | Neutral | Neutral | Hold |
| Feb 08, 2023 | Barclays | Overweight | Initialise | |
| Dec 20, 2022 | Credit Suisse | Neutral | Initialise | |
| Dec 06, 2022 | RBC Capital | Outperform | Initialise | |
| Aug 08, 2022 | Cowen & Co. | Market Perform | Downgrade | |
| Feb 22, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
Driven Brands's last stock rating was published by RBC Capital on Sep 19, 2024. The company gave DRVN a "Market Perform" rating, the same as its previous rate.
Driven Brands Financial Forecast
Driven Brands Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $553.68M | $581.03M | $606.85M | $562.47M | $539.65M | $516.59M | $508.62M | $468.32M | $391.88M | $371.15M | $374.83M | $329.42M | $288.51M |
| Avg Forecast | $671.89M | $696.29M | $719.78M | $666.07M | $614.29M | $637.53M | $658.95M | $612.78M | $572.17M | $598.49M | $628.34M | $584.40M | $569.86M | $569.49M | $587.72M | $558.71M | $549.02M | $495.05M | $480.37M | $434.55M | $352.57M | $358.98M | $322.31M | $291.89M | $281.77M |
| High Forecast | $689.90M | $714.96M | $739.07M | $683.93M | $630.76M | $654.61M | $676.61M | $623.15M | $585.80M | $598.76M | $628.34M | $584.40M | $585.94M | $587.02M | $603.48M | $573.68M | $563.74M | $505.04M | $490.06M | $443.31M | $359.69M | $366.22M | $328.82M | $297.78M | $287.46M |
| Low Forecast | $651.34M | $675.00M | $697.76M | $645.70M | $595.50M | $618.03M | $638.79M | $594.71M | $551.68M | $598.22M | $628.34M | $584.40M | $553.66M | $555.05M | $569.75M | $541.62M | $532.23M | $479.94M | $465.71M | $421.28M | $341.81M | $348.02M | $312.48M | $282.98M | $273.17M |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 8 | 4 | 3 | 3 | 5 | 9 | 5 | 4 | 3 | 6 | 3 | 3 | 4 | 6 | 4 | 4 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.02% | 1.03% | 1.01% | 0.98% | 1.04% | 1.06% | 1.08% | 1.11% | 1.03% | 1.16% | 1.13% | 1.02% |
Driven Brands's average Quarter revenue forecast for Mar 24 based on 3 analysts is $584.40M, with a low forecast of $584.40M, and a high forecast of $584.40M. DRVN's average Quarter revenue forecast represents a 5.55% increase compared to the company's last Quarter revenue of $553.68M (Dec 23).
Driven Brands EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 8 | 4 | 3 | 3 | 5 | 9 | 5 | 4 | 3 | 6 | 3 | 3 | 4 | 6 | 4 | 4 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $94.67M | $102.66M | $152.81M | $117.40M | $113.40M | $137.50M | $130.31M | $111.96M | $93.84M | $92.54M | $92.63M | $76.47M | $52.93M |
| Avg Forecast | $86.06M | $89.18M | $92.19M | $85.31M | $78.68M | $81.65M | $84.40M | $78.49M | $73.28M | $76.66M | $80.48M | $85.33M | $72.99M | $72.94M | $75.28M | $77.58M | $18.97M | $106.45M | $103.30M | $70.52M | $75.82M | $77.19M | $69.31M | $20.48M | $60.59M |
| High Forecast | $88.36M | $91.57M | $94.66M | $87.60M | $80.79M | $83.84M | $86.66M | $79.81M | $75.03M | $76.69M | $80.48M | $102.40M | $75.05M | $75.19M | $77.29M | $93.09M | $22.76M | $108.60M | $105.38M | $84.63M | $77.35M | $78.75M | $70.71M | $24.58M | $61.81M |
| Low Forecast | $83.42M | $86.45M | $89.37M | $82.70M | $76.27M | $79.16M | $81.82M | $76.17M | $70.66M | $76.62M | $80.48M | $68.27M | $70.91M | $71.09M | $72.97M | $62.06M | $15.17M | $103.20M | $100.14M | $56.42M | $73.50M | $74.84M | $67.19M | $16.39M | $58.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.41% | 2.03% | 1.51% | 5.98% | 1.29% | 1.26% | 1.59% | 1.24% | 1.20% | 1.34% | 3.73% | 0.87% |
3 analysts predict DRVN's average Quarter EBITDA for Mar 24 to be $85.33M, with a high of $102.40M and a low of $68.27M. This is -9.86% lower than Driven Brands's previous annual EBITDA (Dec 23) of $94.67M.
Driven Brands Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 8 | 4 | 3 | 3 | 5 | 9 | 5 | 4 | 3 | 6 | 3 | 3 | 4 | 6 | 4 | 4 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-13.15M | $-799.31M | $37.75M | $29.75M | $27.40M | $38.39M | $-57.04M | $34.44M | $-38.78M | $33.12M | $35.20M | $-19.93M | $-7.47M |
| Avg Forecast | $57.86M | $59.46M | $73.12M | $57.86M | $44.47M | $48.24M | $59.32M | $47.72M | $28.28M | $35.01M | $45.29M | $27.78M | $30.08M | $29.07M | $49.88M | $25.26M | $-37.33M | $44.01M | $47.02M | $22.96M | $25.19M | $34.76M | $26.20M | $-23.26M | $8.53M |
| High Forecast | $59.87M | $61.54M | $75.67M | $59.87M | $46.02M | $49.92M | $61.39M | $49.31M | $37.71M | $35.10M | $45.30M | $33.34M | $38.43M | $37.15M | $51.61M | $30.31M | $-29.86M | $45.16M | $48.26M | $27.55M | $25.85M | $35.67M | $26.89M | $-18.61M | $8.75M |
| Low Forecast | $55.56M | $57.10M | $70.22M | $55.56M | $42.70M | $46.32M | $56.96M | $44.54M | $22.00M | $34.92M | $45.27M | $22.23M | $26.73M | $22.61M | $47.89M | $20.21M | $-44.80M | $42.26M | $45.16M | $18.37M | $24.19M | $33.38M | $25.16M | $-27.91M | $8.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.44% | -27.49% | 0.76% | 1.18% | -0.73% | 0.87% | -1.21% | 1.50% | -1.54% | 0.95% | 1.34% | 0.86% | -0.88% |
Driven Brands's average Quarter net income forecast for Sep 23 is $29.07M, with a range of $22.61M to $37.15M. DRVN's average Quarter net income forecast represents a -22.99% decrease compared to the company's last Quarter net income of $37.75M (Jun 23).
Driven Brands SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 8 | 4 | 3 | 3 | 5 | 9 | 5 | 4 | 3 | 6 | 3 | 3 | 4 | 6 | 4 | 4 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $110.96M | $150.13M | $121.56M | $112.33M | $110.82M | $82.46M | $97.98M | $92.22M | $73.71M | $71.56M | $77.94M | $69.05M | $65.17M |
| Avg Forecast | $142.24M | $147.40M | $152.38M | $141.01M | $130.04M | $134.96M | $139.50M | $129.72M | $121.13M | $126.70M | $133.02M | $74.39M | $120.64M | $120.56M | $124.42M | $67.63M | $70.95M | $104.80M | $101.69M | $61.48M | $74.64M | $76.00M | $68.23M | $80.56M | $59.65M |
| High Forecast | $146.05M | $151.36M | $156.46M | $144.79M | $133.53M | $138.58M | $143.24M | $131.92M | $124.01M | $126.76M | $133.02M | $89.27M | $124.04M | $124.27M | $127.76M | $81.15M | $85.14M | $106.92M | $103.75M | $73.78M | $76.15M | $77.53M | $69.61M | $96.67M | $60.85M |
| Low Forecast | $137.89M | $142.90M | $147.72M | $136.69M | $126.07M | $130.84M | $135.23M | $125.90M | $116.79M | $126.64M | $133.02M | $59.51M | $117.21M | $117.50M | $120.61M | $54.10M | $56.76M | $101.60M | $98.59M | $49.18M | $72.36M | $73.68M | $66.15M | $64.45M | $57.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.25% | 0.98% | 1.66% | 1.56% | 0.79% | 0.96% | 1.50% | 0.99% | 0.94% | 1.14% | 0.86% | 1.09% |
Driven Brands's average Quarter SG&A projection for Mar 24 is $74.39M, based on 3 Wall Street analysts, with a range of $59.51M to $89.27M. The forecast indicates a -32.96% fall compared to DRVN last annual SG&A of $110.96M (Dec 23).
Driven Brands EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 8 | 4 | 3 | 3 | 5 | 9 | 5 | 4 | 3 | 6 | 3 | 3 | 4 | 6 | 4 | 4 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.08 | $-4.92 | $0.23 | $0.18 | $0.16 | $0.23 | $-0.35 | $0.21 | $-0.24 | $0.20 | $0.21 | $-0.13 | $-0.04 |
| Avg Forecast | $0.36 | $0.37 | $0.46 | $0.36 | $0.28 | $0.30 | $0.37 | $0.30 | $0.18 | $0.22 | $0.28 | $0.19 | $0.19 | $0.18 | $0.31 | $0.23 | $0.25 | $0.27 | $0.29 | $0.21 | $0.16 | $0.22 | $0.16 | $0.06 | $0.05 |
| High Forecast | $0.37 | $0.38 | $0.47 | $0.37 | $0.29 | $0.31 | $0.38 | $0.31 | $0.23 | $0.22 | $0.28 | $0.19 | $0.24 | $0.23 | $0.32 | $0.23 | $0.26 | $0.28 | $0.30 | $0.22 | $0.16 | $0.22 | $0.17 | $0.06 | $0.05 |
| Low Forecast | $0.35 | $0.36 | $0.44 | $0.35 | $0.27 | $0.29 | $0.35 | $0.28 | $0.14 | $0.22 | $0.28 | $0.19 | $0.17 | $0.14 | $0.30 | $0.22 | $0.24 | $0.26 | $0.28 | $0.20 | $0.15 | $0.21 | $0.16 | $0.06 | $0.05 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.44% | -27.20% | 0.74% | 0.79% | 0.65% | 0.84% | -1.20% | 0.98% | -1.53% | 0.93% | 1.29% | -2.13% | -0.83% |
According to 9 Wall Street analysts, Driven Brands's projected average Quarter EPS for Sep 23 is $0.18, with a low estimate of $0.14 and a high estimate of $0.23. This represents a -21.35% decrease compared to DRVN previous annual EPS of $0.23 (Jun 23).
Driven Brands Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AN | AutoNation | $170.49 | $229.00 | 34.32% | Buy |
| CARS | Cars | $18.15 | $23.00 | 26.72% | Buy |
| RUSHA | Rush Enterprises | $58.64 | $66.00 | 12.55% | Buy |
| DRVN | Driven Brands | $16.70 | $18.60 | 11.38% | Hold |
| PAG | Penske Automotive Group | $161.76 | $180.00 | 11.28% | Buy |
| GPI | Group 1 Automotive | $421.48 | $430.00 | 2.02% | Buy |
| KMX | CarMax | $83.12 | $84.29 | 1.41% | Buy |
| LAD | Lithia Motors | $370.77 | $363.00 | -2.10% | Buy |
| ACVA | ACV Auctions | $21.08 | $20.33 | -3.56% | Buy |
| SAH | Sonic Automotive | $65.41 | $62.33 | -4.71% | Buy |
| ABG | Asbury Automotive Group | $252.30 | $236.50 | -6.26% | Hold |
| CARG | CarGurus | $37.14 | $31.75 | -14.51% | Buy |