Driven Brands (NASDAQ:DRVN) Issues FY 2026 Earnings Guidance

Driven Brands (NASDAQ:DRVN) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.150-1.250 for the period, compared to the consensus EPS estimate of 1.210. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.0 billion.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Freedom Capital raised Driven Brands to a “strong-buy” rating in a research report on Monday, March 23rd. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Driven Brands in a research report on Wednesday, April 22nd. Piper Sandler decreased their target price on Driven Brands from $12.00 to $11.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Zacks Research raised Driven Brands from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 19th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Driven Brands in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $19.00.

Driven Brands Stock Performance

DRVN opened at $14.24 on Tuesday. The firm has a market capitalization of $2.34 billion, a P/E ratio of -11.48 and a beta of 0.97. The stock’s 50 day moving average price is $12.30 and its two-hundred day moving average price is $14.01. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 2.44. Driven Brands has a 12-month low of $9.80 and a 12-month high of $19.74.

Institutional Trading of Driven Brands

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vident Advisory LLC grew its holdings in Driven Brands by 8.0% in the 4th quarter. Vident Advisory LLC now owns 19,620 shares of the company’s stock valued at $291,000 after buying an additional 1,458 shares during the last quarter. Tudor Investment Corp ET AL lifted its position in shares of Driven Brands by 212.9% in the 4th quarter. Tudor Investment Corp ET AL now owns 485,000 shares of the company’s stock worth $7,188,000 after acquiring an additional 330,000 shares during the period. Occudo Quantitative Strategies LP bought a new stake in shares of Driven Brands in the 4th quarter worth approximately $525,000. One Fin Capital Management LP lifted its position in shares of Driven Brands by 3.1% in the 4th quarter. One Fin Capital Management LP now owns 1,640,000 shares of the company’s stock worth $24,305,000 after acquiring an additional 50,000 shares during the period. Finally, Millennium Management LLC lifted its position in shares of Driven Brands by 51.3% in the 4th quarter. Millennium Management LLC now owns 1,263,464 shares of the company’s stock worth $18,725,000 after acquiring an additional 428,499 shares during the period. Institutional investors and hedge funds own 77.08% of the company’s stock.

About Driven Brands

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.