Driven Brands (DRVN) Stock Forecast, Price Target & Predictions
DRVN Stock Forecast
Driven Brands stock forecast is as follows: an average price target of $20.17 (represents a 42.64% upside from DRVN’s last price of $14.14) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.
DRVN Price Target
The average price target for Driven Brands (DRVN) is $20.17 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $31.00 to $14.00. This represents a potential 42.64% upside from DRVN's last price of $14.14.
DRVN Analyst Ratings
According to 8 Wall Street analysts, Driven Brands's rating consensus is 'Hold'. The analyst rating breakdown for DRVN stock is 0 'Strong Buy' (0.00%), 2 'Buy' (25.00%), 6 'Hold' (75.00%), 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 |
|---|---|---|---|---|---|---|
| Aug 02, 2024 | Peter Keith | Piper Sandler | $17.00 | $14.12 | 20.40% | 20.23% |
| Aug 01, 2024 | Kate McShane | Goldman Sachs | $16.00 | $14.51 | 10.27% | 13.15% |
| May 06, 2024 | Steven Shemesh | RBC Capital | $14.00 | $11.59 | 20.79% | -0.99% |
| May 06, 2024 | Seth Sigman | Barclays | $22.00 | $11.59 | 89.82% | 55.59% |
| May 03, 2024 | Peter Keith | Piper Sandler | $14.00 | $11.69 | 19.81% | -0.99% |
| Mar 18, 2024 | Brian McNamara | Canaccord Genuity | $21.00 | $15.02 | 39.81% | 48.51% |
| Feb 08, 2023 | - | Barclays | $35.00 | $28.73 | 21.82% | 147.52% |
| Dec 20, 2022 | - | Credit Suisse | $31.00 | $26.67 | 16.24% | 119.24% |
| Dec 06, 2022 | - | RBC Capital | $37.00 | $29.97 | 23.46% | 161.67% |
The latest Driven Brands stock forecast, released on Aug 02, 2024 by Peter Keith from Piper Sandler, set a price target of $17.00, which represents a 20.40% increase from the stock price at the time of the forecast ($14.12), and a 20.23% increase from DRVN last price ($14.14).
Driven Brands Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 6 |
| Avg Price Target | - | $16.50 | $17.33 |
| Last Closing Price | $14.14 | $14.14 | $14.14 |
| Upside/Downside | -100.00% | 16.69% | 22.56% |
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 $14.14. 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 |
|---|---|---|---|---|
| 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 |
Driven Brands's last stock rating was published by RBC Capital on Aug 20, 2024. The company gave DRVN a "Market Perform" rating, the same as its previous rate.
Driven Brands Financial Forecast
Driven Brands Revenue Forecast
| 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 | $619.78M | $649.81M | $662.44M | $615.78M | $578.11M | $597.95M | $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 | $638.82M | $669.77M | $682.79M | $634.70M | $595.87M | $610.29M | $647.65M | $602.35M | $585.94M | $587.02M | $605.78M | $575.87M | $565.89M | $510.26M | $480.37M | $441.65M | $358.34M | $364.85M | $327.59M | $296.66M | $286.38M |
| Low Forecast | $610.52M | $640.10M | $652.54M | $606.59M | $569.47M | $587.97M | $618.96M | $575.67M | $553.66M | $555.05M | $578.95M | $550.36M | $540.82M | $487.66M | $480.37M | $428.27M | $347.48M | $353.79M | $317.66M | $287.67M | $277.70M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 8 | 4 | 3 | 5 | 9 | 5 | 4 | 3 | 6 | 4 | 3 | 4 | 7 | 4 | 4 | 4 |
| 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 $575.67M, and a high forecast of $602.35M. 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 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 | 4 | 8 | 4 | 3 | 5 | 9 | 5 | 4 | 3 | 6 | 4 | 3 | 4 | 7 | 4 | 4 | 4 |
| 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 | $133.27M | $139.73M | $142.45M | $132.41M | $124.31M | $128.58M | $135.12M | $85.33M | $122.54M | $122.46M | $126.38M | $77.58M | $118.06M | $86.58M | $103.30M | $70.52M | $17.24M | $78.71M | $45.84M | $20.48M | $60.59M |
| High Forecast | $137.37M | $144.02M | $146.82M | $136.48M | $128.13M | $131.23M | $139.27M | $102.40M | $126.00M | $126.23M | $130.26M | $93.09M | $121.69M | $103.90M | $103.30M | $84.63M | $20.69M | $94.45M | $55.01M | $24.58M | $61.58M |
| Low Forecast | $131.28M | $137.64M | $140.32M | $130.44M | $122.46M | $126.43M | $133.10M | $68.27M | $119.06M | $119.35M | $124.49M | $62.06M | $116.30M | $69.27M | $103.30M | $56.42M | $13.79M | $62.97M | $36.67M | $16.39M | $59.71M |
| Surprise % | - | - | - | - | - | - | - | - | 0.77% | 0.84% | 1.21% | 1.51% | 0.96% | 1.59% | 1.26% | 1.59% | 5.44% | 1.18% | 2.02% | 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 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 | 4 | 8 | 4 | 3 | 5 | 9 | 5 | 4 | 3 | 6 | 4 | 3 | 4 | 7 | 4 | 4 | 4 |
| 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 | $44.04M | $47.17M | $57.20M | $44.43M | $34.44M | $34.83M | $45.30M | $27.78M | $30.09M | $29.08M | $49.89M | $25.26M | $39.84M | $31.47M | $46.69M | $22.96M | $-33.94M | $28.61M | $16.94M | $-23.26M | $8.46M |
| High Forecast | $45.80M | $49.06M | $59.49M | $46.21M | $35.82M | $44.33M | $47.11M | $33.34M | $38.44M | $37.16M | $51.88M | $30.31M | $41.43M | $37.76M | $46.69M | $27.55M | $-27.15M | $34.33M | $20.33M | $-18.61M | $8.64M |
| Low Forecast | $43.18M | $46.26M | $56.09M | $43.57M | $33.77M | $30.08M | $44.42M | $22.23M | $26.74M | $22.62M | $48.92M | $20.21M | $39.07M | $25.17M | $46.69M | $18.37M | $-40.72M | $22.89M | $13.55M | $-27.91M | $8.30M |
| Surprise % | - | - | - | - | - | - | - | - | -0.44% | -27.49% | 0.76% | 1.18% | 0.69% | 1.22% | -1.22% | 1.50% | 1.14% | 1.16% | 2.08% | 0.86% | -0.88% |
Driven Brands's average Quarter net income forecast for Sep 23 is $29.08M, with a range of $22.62M to $37.16M. DRVN's average Quarter net income forecast represents a -22.96% decrease compared to the company's last Quarter net income of $37.75M (Jun 23).
Driven Brands SG&A Forecast
| 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 | 4 | 8 | 4 | 3 | 5 | 9 | 5 | 4 | 3 | 6 | 4 | 3 | 4 | 7 | 4 | 4 | 4 |
| 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 | $131.21M | $137.56M | $140.24M | $130.36M | $122.38M | $126.59M | $133.02M | $74.39M | $120.64M | $120.56M | $124.42M | $67.63M | $116.23M | $67.99M | $101.69M | $61.48M | $64.50M | $61.81M | $37.51M | $80.56M | $59.65M |
| High Forecast | $135.24M | $141.79M | $144.55M | $134.37M | $126.14M | $129.20M | $137.11M | $89.27M | $124.04M | $124.27M | $128.24M | $81.15M | $119.80M | $81.58M | $101.69M | $73.78M | $77.40M | $74.17M | $45.01M | $96.67M | $60.63M |
| Low Forecast | $129.25M | $135.51M | $138.14M | $128.41M | $120.56M | $124.47M | $131.03M | $59.51M | $117.21M | $117.50M | $122.56M | $54.10M | $114.49M | $54.39M | $101.69M | $49.18M | $51.60M | $49.44M | $30.00M | $64.45M | $58.79M |
| Surprise % | - | - | - | - | - | - | - | - | 0.92% | 1.25% | 0.98% | 1.66% | 0.95% | 1.21% | 0.96% | 1.50% | 1.14% | 1.16% | 2.08% | 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 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 | 4 | 8 | 4 | 3 | 5 | 9 | 5 | 4 | 3 | 6 | 4 | 3 | 4 | 7 | 4 | 4 | 4 |
| 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 | $0.27 | $0.29 | $0.36 | $0.28 | $0.21 | $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 | $0.28 | $0.31 | $0.37 | $0.29 | $0.22 | $0.28 | $0.29 | $0.20 | $0.24 | $0.23 | $0.32 | $0.24 | $0.26 | $0.28 | $0.29 | $0.22 | $0.16 | $0.22 | $0.17 | $0.06 | $0.05 |
| Low Forecast | $0.27 | $0.29 | $0.35 | $0.27 | $0.21 | $0.19 | $0.28 | $0.18 | $0.17 | $0.14 | $0.30 | $0.22 | $0.24 | $0.27 | $0.29 | $0.21 | $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 |
|---|---|---|---|---|---|
| KMX | CarMax | $78.78 | $216.65 | 175.01% | Buy |
| DRVN | Driven Brands | $14.14 | $20.17 | 42.64% | Hold |
| CARS | Cars | $17.65 | $24.00 | 35.98% | Buy |
| SAH | Sonic Automotive | $55.96 | $64.00 | 14.37% | Buy |
| LAD | Lithia Motors | $279.51 | $313.20 | 12.05% | Buy |
| AN | AutoNation | $166.96 | $172.00 | 3.02% | Buy |
| ACVA | ACV Auctions | $19.87 | $20.33 | 2.32% | Buy |
| CARG | CarGurus | $29.12 | $26.94 | -7.49% | Buy |
| RUSHA | Rush Enterprises | $50.89 | $46.56 | -8.51% | Buy |
| ABG | Asbury Automotive Group | $221.70 | $201.50 | -9.11% | Buy |
| GPI | Group 1 Automotive | $364.39 | $305.00 | -16.30% | Buy |
| PAG | Penske Automotive Group | $152.21 | $109.00 | -28.39% | Sell |
DRVN Forecast FAQ
Is Driven Brands a good buy?
No, according to 8 Wall Street analysts, Driven Brands (DRVN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 25.00% of DRVN's total ratings.
What is DRVN's price target?
Driven Brands (DRVN) average price target is $20.17 with a range of $14 to $31, implying a 42.64% from its last price of $14.14. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Driven Brands stock go up soon?
According to Wall Street analysts' prediction for DRVN stock, the company can go up by 42.64% (from the last price of $14.14 to the average price target of $20.17), up by 119.24% based on the highest stock price target, and down by -0.99% based on the lowest stock price target.
Can Driven Brands stock reach $20?
DRVN's average twelve months analyst stock price target of $20.17 supports the claim that Driven Brands can reach $20 in the near future.
What are Driven Brands's analysts' financial forecasts?
Driven Brands's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.39B (high $2.46B, low $2.35B), average EBITDA is $473.34M (high $501.03M, low $450.26M), average net income is $142.36M (high $160.6M, low $130.5M), average SG&A $456.38M (high $481.72M, low $435.57M), and average EPS is $0.901 (high $0.987, low $0.858). DRVN's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.55B (high $2.63B, low $2.51B), average EBITDA is $547.87M (high $564.7M, low $539.68M), average net income is $192.84M (high $200.54M, low $189.1M), average SG&A $539.37M (high $555.94M, low $531.31M), and average EPS is $1.2 (high $1.25, low $1.18).
Did the DRVN's actual financial results beat the analysts' financial forecasts?
Based on Driven Brands's last annual report (Dec 2023), the company's revenue was $2.3B, beating the average analysts forecast of $2.29B by 0.80%. Apple's EBITDA was $491.64M, beating the average prediction of $448.96M by 9.51%. The company's net income was $-745M, missing the average estimation of $134.32M by -654.63%. Apple's SG&A was $443.11M, beating the average forecast of $433.25M by 2.28%. Lastly, the company's EPS was $-4.6, missing the average prediction of $0.905 by -608.16%. In terms of the last quarterly report (Dec 2023), Driven Brands's revenue was $553.68M, missing the average analysts' forecast of $569.86M by -2.84%. The company's EBITDA was $94.67M, missing the average prediction of $122.54M by -22.75%. Driven Brands's net income was $-13.149M, missing the average estimation of $30.09M by -143.71%. The company's SG&A was $110.96M, missing the average forecast of $120.64M by -8.03%. Lastly, the company's EPS was $-0.0824, missing the average prediction of $0.187 by -144.03%