Driven Brands Holdings Inc. (DRVN)
NASDAQ: DRVN · Real-Time Price · USD
14.75
-0.10 (-0.67%)
Nov 1, 2024, 4:00 PM EDT - Market closed
Driven Brands Holdings Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for DRVN stock have an average target of 17.5, with a low estimate of 12.5 and a high estimate of 22. The average target predicts an increase of 18.64% from the current stock price of 14.75.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 2 |
| Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Hold | 5 | 6 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $17 → $20 | Buy | Maintains | $17 → $20 | +35.59% | Nov 1, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $20 → $21 | Strong Buy | Maintains | $20 → $21 | +42.37% | Nov 1, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $19 → $20 | Strong Buy | Maintains | $19 → $20 | +35.59% | Sep 19, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +35.59% | Aug 20, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $14 → $16 | Buy | Maintains | $14 → $16 | +8.47% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
2.41B
from 2.30B
Increased by 4.56%
Revenue Next Year
2.61B
from 2.41B
Increased by 8.18%
EPS This Year
1.04
from -4.53
EPS Next Year
1.27
from 1.04
Increased by 22.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.5B | 2.7B | 3.6B | |
| Avg | 2.4B | 2.6B | 3.0B | |
| Low | 2.3B | 2.5B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.3% | 13.7% | 37.0% | |
| Avg | 4.6% | 8.2% | 16.7% | |
| Low | -0.3% | 1.9% | 3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.17 | 1.47 | 1.91 | |
| Avg | 1.04 | 1.27 | 1.76 | |
| Low | 0.94 | 1.10 | 1.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 40.9% | 50.0% | |
| Avg | - | 22.2% | 38.2% | |
| Low | - | 5.2% | 21.5% |
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.