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NASDAQ: DRVN
Driven Brands Holdings Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DRVN

Based on 6 analysts offering 12 month price targets for Driven Brands Holdings Inc.
Min Forecast
$31.00+8.89%
Avg Forecast
$36.50+28.21%
Max Forecast
$41.00+44.01%

Should I buy or sell DRVN stock?

Based on 6 analysts offering ratings for Driven Brands Holdings Inc.
Buy
Strong Buy
3 analysts 50%
Buy
1 analysts 16.67%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their DRVN stock forecasts and price targets.

DRVN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Benchmark
Bottom 10%
10
Strong BuyInitiates Coverage On$40.00+40.50%2023-01-27
Credit Suisse
Bottom 9%
9
HoldInitiates Coverage On$31.00+8.89%2022-12-20
RBC Capital
Top 29%
72
BuyInitiates Coverage On$37.00+29.96%2022-12-06
Goldman Sachs
Top 34%
67
HoldMaintains$33.00+15.91%2022-10-27
Morgan Stanley
Bottom 1%
1
Strong BuyMaintains$37.00+29.96%2022-10-27
Piper Sandler
Top 5%
96
Strong BuyMaintains$41.00+44.01%2022-10-10Find out why
Anonymous
Morgan Stanley
Strong BuyMaintains$41.00+44.01%2022-02-22

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Forecast return on equity

Is DRVN forecast to generate an efficient return?
Company
14.55%
Industry
21.48%
Market
47.78%
DRVN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is DRVN forecast to generate an efficient return on assets?
Company
3.72%
Industry
6.05%
DRVN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

DRVN earnings per share forecast

What is DRVN's earnings per share in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$1.28
Avg 2 year Forecast
$1.36

DRVN revenue forecast

What is DRVN's revenue in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.2B+18.39%
Avg 2 year Forecast
$2.4B+27.88%
DRVN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DRVN revenue growth forecast

How is DRVN forecast to perform vs Auto & Truck Dealerships companies and vs the US market?
Company
18.39%
Industry
8.21%
Market
72.18%
DRVN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DRVN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DRVN vs Auto & Truck Dealership Stocks

TickerPricePrice TargetUp/downsideConsensus
DRVN$28.47$36.50+28.21%Buy
ABG$236.00$227.00-3.81%Hold
GPI$230.77$234.00+1.40%Buy
RUSHA$56.05$61.00+8.83%Hold
AN$134.78$158.50+17.60%Buy
View Top Auto & Truck Dealership Stocks

Driven Brands Holdings Stock Forecast FAQ

Is Driven Brands Holdings Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: DRVN) stock is to Buy DRVN stock.

Out of 6 analysts, 3 (50%) are recommending DRVN as a Strong Buy, 1 (16.67%) are recommending DRVN as a Buy, 2 (33.33%) 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.

What is DRVN's earnings growth forecast for 2023-2024?

(NASDAQ: DRVN) Driven Brands Holdings's forecast annual earnings growth rate of N/A is not forecast to beat the US Auto & Truck Dealerships industry's average forecast earnings growth rate of 146.94%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 85.2%.

Driven Brands Holdings's earnings in 2023 is -$22,967,000.On average, 6 Wall Street analysts forecast DRVN's earnings for 2023 to be $214,277,180, with the lowest DRVN earnings forecast at $195,862,735, and the highest DRVN earnings forecast at $249,432,030.

In 2024, DRVN is forecast to generate $227,669,504 in earnings, with the lowest earnings forecast at $227,669,504 and the highest earnings forecast at $227,669,504.

What is DRVN's revenue growth forecast for 2023-2024?

(NASDAQ: DRVN) Driven Brands Holdings's forecast annual revenue growth rate of 18.39% is forecast to beat the US Auto & Truck Dealerships industry's average forecast revenue growth rate of 8.21%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 72.18%.

Driven Brands Holdings's revenue in 2023 is $1,885,426,000.On average, 5 Wall Street analysts forecast DRVN's revenue for 2023 to be $373,675,965,632, with the lowest DRVN revenue forecast at $363,247,195,717, and the highest DRVN revenue forecast at $381,230,910,274.

In 2024, DRVN is forecast to generate $403,633,087,247 in revenue, with the lowest revenue forecast at $398,398,530,102 and the highest revenue forecast at $408,867,644,393.

What is DRVN's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: DRVN) forecast ROA is 3.72%, which is lower than the forecast US Auto & Truck Dealerships industry average of 6.05%.

What is DRVN's Price Target?

According to 6 Wall Street analysts that have issued a 1 year DRVN price target, the average DRVN price target is $36.50, with the highest DRVN stock price forecast at $41.00 and the lowest DRVN stock price forecast at $31.00.

On average, Wall Street analysts predict that Driven Brands Holdings's share price could reach $36.50 by Jan 27, 2024. The average Driven Brands Holdings stock price prediction forecasts a potential upside of 28.21% from the current DRVN share price of $28.47.

What is DRVN's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: DRVN) Driven Brands Holdings's current Earnings Per Share (EPS) is -$0.14. On average, analysts forecast that DRVN's EPS will be $1.28 for 2023, with the lowest EPS forecast at $1.17, and the highest EPS forecast at $1.49. In 2024, DRVN's EPS is forecast to hit $1.36 (min: $1.36, max: $1.36).

What is DRVN's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: DRVN) forecast ROE is 14.55%, which is considered weak.
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