Driven Brands (NASDAQ:DRVN) Rating Lowered to “Hold” at Wall Street Zen

Driven Brands (NASDAQ:DRVN) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada dropped their target price on Driven Brands from $17.00 to $16.00 and set an “outperform” rating for the company in a report on Friday. Robert W. Baird set a $18.00 price target on Driven Brands and gave the stock an “outperform” rating in a research report on Wednesday, May 20th. BMO Capital Markets dropped their price objective on shares of Driven Brands from $18.00 to $14.00 and set a “market perform” rating for the company in a research note on Thursday, May 21st. Canaccord Genuity Group set a $17.00 price objective on shares of Driven Brands in a research report on Friday. Finally, Piper Sandler increased their price objective on shares of Driven Brands from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $16.77.

Driven Brands Price Performance

NASDAQ DRVN opened at $13.33 on Friday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 1.33 and a current ratio of 1.47. The company has a market capitalization of $2.20 billion, a P/E ratio of 12.82 and a beta of 0.95. Driven Brands has a one year low of $9.80 and a one year high of $19.74. The stock has a 50 day moving average price of $14.01 and a 200-day moving average price of $13.69.

Driven Brands (NASDAQ:DRVN) last announced its quarterly earnings results on Monday, July 27th. The company reported $0.29 EPS for the quarter. Driven Brands had a net margin of 8.61% and a return on equity of 24.13%. As a group, equities analysts predict that Driven Brands will post 1.08 EPS for the current fiscal year.

Hedge Funds Weigh In On Driven Brands

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Driven Brands during the second quarter worth $67,107,000. Boston Partners boosted its holdings in Driven Brands by 1,301.0% in the fourth quarter. Boston Partners now owns 3,426,388 shares of the company’s stock valued at $50,783,000 after purchasing an additional 3,181,812 shares during the last quarter. Rubric Capital Management LP purchased a new stake in Driven Brands in the first quarter valued at $37,830,000. North Peak Capital Management LLC grew its position in Driven Brands by 37.3% during the 4th quarter. North Peak Capital Management LLC now owns 3,990,850 shares of the company’s stock worth $59,144,000 after purchasing an additional 1,083,896 shares during the period. Finally, Conversant Capital LLC acquired a new stake in Driven Brands during the 1st quarter worth about $12,610,000. 77.08% of the stock is owned by hedge funds and other institutional investors.

More Driven Brands News

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

• Positive Sentiment: Activist investor ADW Capital Management, which owns approximately 4.8% of Driven Brands, urged the board and controlling shareholder Roark Capital to begin an immediate public strategic review. ADW is seeking a potential sale of the entire company or individual business segments, an independent special committee, and an outside financial adviser. The campaign could increase the prospect of a takeover, asset sales, or other actions to unlock shareholder value. ADW Capital letter to Driven Brands
• Neutral Sentiment: Driven Brands reported second-quarter 2026 adjusted earnings of $0.29 per share and revenue of $507.4 million. Results were broadly in line with expectations, with revenue slightly above consensus and earnings beating some estimates, although another estimate placed EPS just below expectations. Driven Brands reports second-quarter 2026 results
• Negative Sentiment: The quarterly update also showed underlying year-over-year pressure: revenue declined 7.9% and EPS fell from $0.36 in the prior-year period to $0.29. The earnings decline and softer sales may limit the stock’s upside unless the strategic-review campaign gains traction. Driven Brands second-quarter earnings analysis

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.