Driven Brands Holdings Inc. (NASDAQ:DRVN) Receives Average Recommendation of “Moderate Buy” from Analysts

Driven Brands Holdings Inc. (NASDAQ:DRVN) has received an average rating of “Moderate Buy” from the eleven analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $20.00.

A number of equities research analysts have recently commented on DRVN shares. Piper Sandler cut shares of Driven Brands from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $19.00 to $12.00 in a report on Wednesday, February 25th. Zacks Research raised Driven Brands from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. Wall Street Zen downgraded Driven Brands from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th. Morgan Stanley reduced their price objective on Driven Brands from $20.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Driven Brands in a research report on Friday, March 27th.

Driven Brands News Summary

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

• Neutral Sentiment: Yahoo Finance ran a short piece questioning DRVN as a short‑term buy — offers market commentary but no new legal facts. Is Driven Brands Holdings Inc. (DRVN) the Best Stock to Buy for Short Term?
• Negative Sentiment: Hagens Berman notified investors and announced a securities class action against DRVN and executives, citing pervasive accounting errors and internal control failures. DRVN ALERT: Hagens Berman Notifies Driven Brands (DRVN) Investors to Securities Class Action
• Negative Sentiment: Pomerantz LLP issued an investor alert about the class action and is soliciting potential plaintiffs — more pressure to consolidate lawsuits. INVESTOR ALERT: Pomerantz Law Firm Reminds Investors
• Negative Sentiment: Hagens Berman also issued a broader PR notice (via PR Newswire) reiterating the securities suit tied to the company’s restatements and prior drop in share price. Driven Brands (DRVN) Faces Securities Suit Following Accounting Errors
• Negative Sentiment: Bleichmar Fonti & Auld and other firms report a class action alleging securities fraud after restatements; PR notes the stock previously fell ~40% on the disclosure. DRVN Deadline: Driven Brands Class Action Alleges Securities Fraud
• Negative Sentiment: Multiple national plaintiff firms (Levi & Korsinsky, Rosen, Faruqi & Faruqi, Bragar Eagel & Squire, Schall, DJS Law Group) are soliciting clients and reminding investors of the May 8 lead‑plaintiff deadline — increasing likelihood of consolidated litigation. DRVN Investor Alert: Levi & Korsinsky
• Negative Sentiment: Bragar Eagel & Squire and other firms are actively urging investors with “substantial losses” to contact counsel, signaling expected large‑damage claims. Bragar Eagel & Squire Urges Driven Brands Investors to Contact
• Negative Sentiment: Rosen Law, Faruqi & Faruqi, Schall and others repeat class period dates and deadlines — procedural notices that typically precede intense litigation and discovery. ROSEN Encourages Driven Brands Investors to Secure Counsel
• Negative Sentiment: Overall takeaway for investors: the restatements + multiple overlapping suits raise near‑term downside risks (legal costs, management distraction, potential SEC inquiries) and add uncertainty to earnings and liquidity outlook. Driven Brands Sued for Securities Law Violations

Driven Brands Stock Up 0.1%

Shares of NASDAQ:DRVN opened at $12.34 on Friday. Driven Brands has a 1-year low of $9.80 and a 1-year high of $19.74. The company has a debt-to-equity ratio of 2.44, a current ratio of 0.90 and a quick ratio of 0.80. The stock has a market cap of $2.03 billion, a P/E ratio of -9.95 and a beta of 1.01. The firm has a fifty day moving average price of $13.69 and a 200 day moving average price of $14.66.

Insider Activity at Driven Brands

In related 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 transaction of $750,000.00. Following the completion of the sale, the insider directly owned 326,944 shares of the company’s stock, valued at $5,231,104. This trade represents a 12.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Driven Brands

Large investors have recently bought and sold shares of the company. Western Standard LLC boosted its holdings in shares of Driven Brands by 69.3% in the third quarter. Western Standard LLC now owns 693,413 shares of the company’s stock valued at $11,171,000 after acquiring an additional 283,736 shares in the last quarter. Advisory Research Inc. purchased a new position in Driven Brands during the third quarter worth about $10,725,000. Elgethun Capital Management acquired a new stake in Driven Brands in the third quarter valued at about $8,137,000. Simcoe Capital Management LLC acquired a new stake in Driven Brands in the third quarter valued at about $33,911,000. Finally, AustralianSuper Pty Ltd purchased a new stake in Driven Brands in the 3rd quarter valued at approximately $44,645,000. Hedge funds and other institutional investors 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.