Driven Brands Holdings Inc. (DRVN)
NASDAQ: DRVN · IEX Real-Time Price · USD
11.19
+0.07 (0.63%)
At close: May 17, 2024, 4:00 PM
10.98
-0.21 (-1.88%)
After-hours: May 17, 2024, 4:06 PM EDT
Driven Brands Holdings Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for DRVN stock have an average target of 17.65, with a low estimate of 12.5 and a high estimate of 31. The average target predicts an increase of 57.73% from the current stock price of 11.19.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DRVN stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 2 | 2 | 2 |
| Buy | 4 | 3 | 4 | 4 | 4 | 4 |
| Hold | 3 | 4 | 4 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 10 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $25 → $22 | Buy | Maintains | $25 → $22 | +96.60% | May 6, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $21 → $17 | Strong Buy | Maintains | $21 → $17 | +51.92% | May 3, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $16 → $14 | Hold | Maintains | $16 → $14 | +25.11% | May 3, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $18 → $13 | Buy → Hold | Downgrades | $18 → $13 | +11.71% | May 3, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $18 → $14 | Buy | Maintains | $18 → $14 | +25.11% | May 3, 2024 |
Financial Forecast
Revenue This Year
2.48B
from 2.30B
Increased by 7.46%
Revenue Next Year
2.70B
from 2.48B
Increased by 8.97%
EPS This Year
0.97
from -4.53
EPS Next Year
1.30
from 0.97
Increased by 34.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.6B | 3.0B | 3.6B | 3.4B |
| Avg | 2.5B | 2.7B | 3.1B | 3.3B |
| Low | 2.4B | 2.5B | 2.7B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.4% | 19.7% | 32.3% | 9.4% |
| Avg | 7.5% | 9.0% | 14.9% | 6.3% |
| Low | 2.0% | 1.0% | -0.2% | 2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.05 | 1.54 | 1.91 | 2.23 |
| Avg | 0.97 | 1.30 | 1.76 | 2.16 |
| Low | 0.87 | 1.06 | 1.53 | 2.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 59.8% | 47.3% | 26.4% |
| Avg | - | 34.3% | 35.8% | 22.8% |
| Low | - | 9.6% | 17.8% | 18.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.