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.

Analysts Set New Price Targets

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

Driven Brands Stock Up 9.5%

Shares of NASDAQ DRVN opened at $14.24 on Tuesday. The company’s 50-day simple moving average is $12.30 and its 200-day simple moving average is $14.01. Driven Brands has a 52-week low of $9.80 and a 52-week high of $19.74. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of -11.48 and a beta of 0.97. The company has a quick ratio of 0.80, a current ratio of 0.90 and a debt-to-equity ratio of 2.44.

Institutional Trading of Driven Brands

Several institutional investors have recently modified their holdings of DRVN. EverSource Wealth Advisors LLC grew its position in shares of Driven Brands by 744.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,103 shares of the company’s stock valued at $37,000 after purchasing an additional 1,854 shares during the period. Osaic Holdings Inc. grew its position in shares of Driven Brands by 82.1% in the second quarter. Osaic Holdings Inc. now owns 2,087 shares of the company’s stock valued at $37,000 after purchasing an additional 941 shares during the period. Federated Hermes Inc. boosted its position in Driven Brands by 30.5% during the fourth quarter. Federated Hermes Inc. now owns 8,727 shares of the company’s stock worth $129,000 after acquiring an additional 2,040 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Driven Brands by 709.3% during the second quarter. Tower Research Capital LLC TRC now owns 8,490 shares of the company’s stock worth $149,000 after acquiring an additional 7,441 shares during the last quarter. Finally, Amundi acquired a new position in Driven Brands during the fourth quarter worth about $169,000. Institutional investors and hedge funds own 77.08% of the company’s stock.

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.