Driven Brands Holdings Inc. (DRVN)
NASDAQ: DRVN · IEX Real-Time Price · USD
15.05
+0.64 (4.44%)
At close: Apr 23, 2024, 4:00 PM
15.07
+0.02 (0.13%)
After-hours: Apr 23, 2024, 4:13 PM EDT
Driven Brands Holdings Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for DRVN stock have an average target of 19.89, with a low estimate of 14 and a high estimate of 31. The average target predicts an increase of 32.16% from the current stock price of 15.05.
Analyst Consensus: Buy
* Price targets were last updated on Mar 18, 2024.
Analyst Ratings
The average analyst rating for DRVN stock from 10 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 2 | 2 |
| Buy | 4 | 4 | 3 | 4 | 4 | 4 |
| Hold | 3 | 3 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $20 → $21 | Strong Buy | Maintains | $20 → $21 | +39.53% | Mar 18, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $20 → $17 | Buy | Maintains | $20 → $17 | +12.96% | Feb 26, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $22 → $18 | Buy | Maintains | $22 → $18 | +19.60% | Feb 26, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $22 → $20 | Strong Buy | Maintains | $22 → $20 | +32.89% | Feb 23, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $19 → $18 | Buy | Maintains | $19 → $18 | +19.60% | Feb 20, 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 | 3.6B |
| Avg | 2.5B | 2.7B | 3.1B | 3.5B |
| Low | 2.4B | 2.5B | 2.7B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.4% | 19.7% | 32.3% | 17.4% |
| Avg | 7.5% | 9.0% | 14.9% | 14.0% |
| Low | 2.0% | 1.0% | -0.2% | 9.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.05 | 1.54 | 1.91 | 2.64 |
| Avg | 0.97 | 1.30 | 1.76 | 2.56 |
| Low | 0.87 | 1.06 | 1.53 | 2.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 59.8% | 47.3% | 49.6% |
| Avg | - | 34.3% | 35.8% | 45.4% |
| Low | - | 9.6% | 17.8% | 39.7% |
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.