NASDAQ: DRVN

Driven Brands Holdings Inc Stock Forecast, Predictions & Price Target

The consensus among 8 Wall Street analysts covering (NASDAQ: DRVN) stock is to Strong Buy DRVN stock.

Out of 8 analysts, 5 (62.5%) are recommending DRVN as a Strong Buy, 1 (12.5%) are recommending DRVN as a Buy, 2 (25%) are recommending DRVN as a Hold, 0 (0%) are recommending DRVN as a Sell, and 0 (0%) are recommending DRVN as a Strong Sell.

If you're new to stock investing, here's how to buy Driven Brands Holdings stock.

(NASDAQ: DRVN) Driven Brands Holdings's forecast annual revenue growth rate of 5.17% is forecast to beat the US Auto & Truck Dealerships industry's average forecast revenue growth rate of 2.97%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.49%.

Driven Brands Holdings's revenue in 2023 is $2,290,005,000.On average, 5 Wall Street analysts forecast DRVN's revenue for 2023 to be $380,173,238,763, with the lowest DRVN revenue forecast at $377,222,628,550, and the highest DRVN revenue forecast at $384,022,017,611. On average, 5 Wall Street analysts forecast DRVN's revenue for 2024 to be $413,758,646,412, with the lowest DRVN revenue forecast at $410,045,625,803, and the highest DRVN revenue forecast at $417,686,125,688.

In 2025, DRVN is forecast to generate $452,446,465,143 in revenue, with the lowest revenue forecast at $446,165,843,070 and the highest revenue forecast at $456,915,009,861.

According to 8 Wall Street analysts that have issued a 1 year DRVN price target, the average DRVN price target is $22.38, with the highest DRVN stock price forecast at $31.00 and the lowest DRVN stock price forecast at $17.00.

On average, Wall Street analysts predict that Driven Brands Holdings's share price could reach $22.38 by Nov 2, 2024. The average Driven Brands Holdings stock price prediction forecasts a potential upside of 70.15% from the current DRVN share price of $13.15.

(NASDAQ: DRVN) forecast ROE is N/A, which is considered weak.