Driven Brands (NASDAQ:DRVN) Price Target Lowered to $16.00 at Morgan Stanley

Posted by Kim Johansen on May 20th, 2026

Driven Brands (NASDAQ:DRVN – Get Free Report) had its price target dropped by investment analysts at Morgan Stanley from $17.00 to $16.00 in a report issued on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Morgan Stanley’s target price would suggest a potential upside of 22.42% from the stock’s previous close.

Several other brokerages have also recently commented on DRVN. Zacks Research upgraded shares of Driven Brands from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 19th. Weiss Ratings restated a “sell (d)” rating on shares of Driven Brands in a research note on Friday, March 27th. Piper Sandler restated a “neutral” rating and set a $13.00 price objective on shares of Driven Brands in a research note on Wednesday. Royal Bank Of Canada decreased their target price on shares of Driven Brands from $20.00 to $18.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, William Blair cut shares of Driven Brands from an “outperform” rating to a “hold” rating in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Driven Brands presently has an average rating of “Moderate Buy” and an average price target of $18.44.

Read Our Latest Stock Analysis on DRVN

Driven Brands Stock Down 1.2%

Shares of Driven Brands stock traded down $0.16 on Wednesday, reaching $13.07. The stock had a trading volume of 887,405 shares, compared to its average volume of 1,738,767. The company has a 50 day moving average price of $12.36 and a 200 day moving average price of $14.00. 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 1 year low of $9.80 and a 1 year high of $19.74. The stock has a market capitalization of $2.15 billion, a P/E ratio of -10.54 and a beta of 0.97.

Driven Brands (NASDAQ:DRVN – Get Free Report) last issued its quarterly earnings data on Tuesday, May 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.10. The firm had revenue of $259.60 million for the quarter, compared to the consensus estimate of $454.91 million. Driven Brands had a negative net margin of 9.14% and a positive return on equity of 25.31%. Driven Brands has set its FY 2026 guidance at 1.150-1.250 EPS. As a group, equities research analysts forecast that Driven Brands will post 1.14 EPS for the current year.

Institutional Trading of Driven Brands

Large investors have recently made changes to their positions in the company. Osaic Holdings Inc. increased 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 buying an additional 941 shares in the last quarter. EverSource Wealth Advisors LLC increased 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 buying an additional 1,854 shares in the last quarter. Comerica Bank increased its position 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 buying an additional 2,249 shares in the last quarter. Larson Financial Group LLC increased its position in shares of Driven Brands by 1,347.7% in the fourth quarter. Larson Financial Group LLC now owns 3,822 shares of the company’s stock valued at $57,000 after buying an additional 3,558 shares in the last quarter. Finally, SJS Investment Consulting Inc. increased its position in shares of Driven Brands by 420.2% in the first quarter. SJS Investment Consulting Inc. now owns 4,500 shares of the company’s stock valued at $57,000 after buying an additional 3,635 shares in the last quarter. 77.08% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Driven Brands

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

Positive Sentiment: Driven Brands reported adjusted earnings of $0.34 per share, beating the $0.24 consensus estimate, which shows stronger profitability than Wall Street expected. Driven Brands Holdings Inc. (NASDAQ:DRVN) Q4 2025 Earnings Call Transcript
Positive Sentiment: The company said it expects 2026 revenue of $1.95 billion-$2.05 billion and aims to lower leverage to 3x by year-end, signaling a focus on balance-sheet improvement and steady growth. Driven Brands expects $1.95B-$2.05B revenue in 2026 while targeting 3x net leverage by year-end
Neutral Sentiment: BTIG lowered its price target on Driven Brands to $17 from $21, but kept a Buy rating, suggesting analysts still see upside despite trimming expectations. BTIG Research note via Benzinga
Negative Sentiment: Quarterly revenue of $259.6 million missed estimates by a wide margin versus the $454.9 million forecast, raising concerns about top-line momentum. Driven Brands earnings report
Negative Sentiment: Full-year 2026 EPS guidance of $1.15-$1.25 was slightly below the market’s $1.21 estimate at the midpoint, which may be limiting enthusiasm after the earnings beat. Driven Brands stock overview

About Driven Brands

(Get Free Report)

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.