Brokerages Set Driven Brands Holdings Inc. (NASDAQ:DRVN) PT at $20.00

Shares of Driven Brands Holdings Inc. (NASDAQ:DRVN) have been assigned an average rating of “Moderate Buy” from the eleven brokerages that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $19.7143.

DRVN has been the subject of several analyst reports. Wall Street Zen cut shares of Driven Brands from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Freedom Capital upgraded Driven Brands to a “strong-buy” rating in a report on Monday, March 23rd. Zacks Research raised Driven Brands from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. Morgan Stanley decreased their price objective on shares of Driven Brands from $20.00 to $17.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $21.00 target price on shares of Driven Brands in a research note on Thursday, January 8th.

Insider Transactions at Driven Brands

In other news, insider Scott L. O’melia sold 46,875 shares of the stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $16.00, for a total value of $750,000.00. Following the transaction, the insider owned 326,944 shares of the company’s stock, valued at $5,231,104. This represents a 12.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 3.50% of the company’s stock.

Hedge Funds Weigh In On Driven Brands

Hedge funds and other institutional investors have recently made changes to their positions in the company. Osaic Holdings Inc. raised its holdings in Driven Brands by 82.1% during the 2nd quarter. Osaic Holdings Inc. now owns 2,087 shares of the company’s stock worth $37,000 after buying an additional 941 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Driven Brands by 744.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,103 shares of the company’s stock worth $37,000 after purchasing an additional 1,854 shares during the period. Comerica Bank lifted its holdings in shares of Driven Brands by 328.8% in the fourth quarter. Comerica Bank now owns 2,933 shares of the company’s stock valued at $43,000 after purchasing an additional 2,249 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Driven Brands by 1,113.8% during the third quarter. Farther Finance Advisors LLC now owns 3,338 shares of the company’s stock worth $54,000 after buying an additional 3,063 shares during the period. Finally, Larson Financial Group LLC boosted its position in shares of Driven Brands by 1,347.7% during the fourth quarter. Larson Financial Group LLC now owns 3,822 shares of the company’s stock worth $57,000 after buying an additional 3,558 shares during the period. 77.08% of the stock is owned by institutional investors.

Key Driven Brands News

Here are the key news stories impacting Driven Brands this week:

• Positive Sentiment: Brokerage consensus still shows some buy-side support (consensus “Moderate Buy”), which could cap downside if fundamentals are restored. Driven Brands Given Consensus Rating of Moderate Buy
• Negative Sentiment: Class action filed after Driven Brands disclosed widespread accounting errors and internal control failures; law firm Bleichmar Fonti & Auld says the disclosure caused the stock to drop nearly 40%. This is the core catalyst driving today’s weakness. $DRVN Stock News: Driven Brands Investors Bring Securities Class Action
• Negative Sentiment: Hagens Berman notifies investors of a securities class action tied to pervasive accounting errors and internal control failures spanning 2023–2025 — adds another high-profile plaintiff firm and legal pressure. Hagens Berman Notifies Driven Brands Investors
• Negative Sentiment: Multiple firms (Rosen, Faruqi, Pomerantz, Frank R. Cruz, Bernstein Liebhard, Bragar Eagel & Squire, Bronstein, etc.) are soliciting lead plaintiffs and reminding shareholders of the May 8, 2026 lead-plaintiff deadline — this coordination increases likelihood of consolidated litigation and potential settlements. Example: Rosen Law reminder. Rosen Law Firm Encourages Driven Brands Investors to Secure Counsel
• Negative Sentiment: PR outreach from several plaintiff firms (e.g., Faruqi & Faruqi; Frank R. Cruz; Bronstein) highlights active recruitment of plaintiffs and claims covering purchases between May 9, 2023 and Feb 24, 2026 — watch for developments on alleged misstatements, restatement scope and any executive-level exposure. Example: Faruqi reminder. Faruqi & Faruqi Reminds Investors of Securities Class Action Deadline

Driven Brands Price Performance

Shares of DRVN stock opened at $12.34 on Friday. Driven Brands has a 12 month low of $9.80 and a 12 month high of $19.74. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 2.44. The firm has a market cap of $2.03 billion, a PE ratio of -9.95 and a beta of 1.01. The stock has a 50 day moving average of $13.61 and a 200-day moving average of $14.59.

Driven Brands Company Profile

Driven Brands Holdings Inc (NASDAQ: DRVN) is a leading North American provider of automotive aftermarket services, operating through a network of franchised and company-owned locations. The company’s platform encompasses a diverse portfolio of car care and maintenance brands, including Meineke Car Care Centers, Maaco Collision Repair & Auto Painting, Take 5 Oil Change, and Carstar Collision Repair. Driven Brands delivers a full range of services from routine maintenance and oil changes to collision repair, paint protection, and vehicle customization.

Headquartered in Charlotte, North Carolina, Driven Brands serves both individual consumers and commercial clients across the United States and Canada.