Driven Brands (NASDAQ:DRVN) Issues FY 2026 Earnings Guidance

Driven Brands (NASDAQ:DRVN) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.150-1.250 for the period, compared to the consensus EPS estimate of 1.210. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.0 billion.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. William Blair cut Driven Brands from an “outperform” rating to a “hold” rating in a research note on Wednesday, April 22nd. Canaccord Genuity Group lowered their price target on Driven Brands from $24.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. The Goldman Sachs Group reissued a “neutral” rating and issued a $14.75 price target on shares of Driven Brands in a research note on Wednesday. Weiss Ratings reissued a “sell (d)” rating on shares of Driven Brands in a research note on Friday, March 27th. Finally, Piper Sandler boosted their price target on Driven Brands from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $17.86.

Driven Brands Stock Down 1.8%

DRVN opened at $12.99 on Thursday. The business has a 50 day moving average price of $12.41 and a 200 day moving average price of $13.99. Driven Brands has a twelve month low of $9.80 and a twelve month high of $19.74. The company has a debt-to-equity ratio of 2.44, a quick ratio of 0.80 and a current ratio of 0.90. The firm has a market cap of $2.14 billion, a P/E ratio of 15.65 and a beta of 0.97.

Driven Brands (NASDAQ:DRVN) last posted its earnings results on Tuesday, May 19th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.10. Driven Brands had a positive return on equity of 25.31% and a negative net margin of 9.14%.The firm had revenue of $259.60 million during the quarter, compared to analyst estimates of $454.91 million. Driven Brands has set its FY 2026 guidance at 1.150-1.250 EPS. Research analysts forecast that Driven Brands will post 1.14 EPS for the current year.

Key Stories Impacting Driven Brands

Here are the key news stories impacting Driven Brands this week:

• Positive Sentiment: Robert W. Baird upgraded Driven Brands to strong-buy, signaling improved confidence in the company’s outlook. Zacks.com
• Positive Sentiment: BTIG maintained a buy rating and set a new $17 price target, implying meaningful upside from current levels. Driven Brands (NASDAQ:DRVN) Given New $17.00 Price Target at BTIG Research
• Positive Sentiment: Driven Brands beat analyst expectations on EPS for Q4, reporting $0.34 versus estimates of $0.24, which suggests better-than-expected profitability at the bottom line. Earnings report
• Neutral Sentiment: The company guided FY2026 EPS to 1.150-1.250 and revenue to $2.0B-$2.1B, which is broadly in line on sales but slightly below the Street on earnings. BusinessWire results
• Negative Sentiment: Revenue came in well below expectations at $259.6 million versus $454.9 million expected, and multiple reports highlighted analyst forecast cuts after the quarter, reflecting concerns about top-line momentum. Benzinga analyst cuts
• Negative Sentiment: Morgan Stanley cut its price target from $17 to $16 and kept an equal weight view, reinforcing a more cautious stance from part of Wall Street. Driven Brands (NASDAQ:DRVN) Price Target Cut to $16.00 by Analysts at Morgan Stanley

Institutional Investors Weigh In On Driven Brands

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its holdings in Driven Brands by 14.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,826,160 shares of the company’s stock worth $56,704,000 after purchasing an additional 491,919 shares during the last quarter. Boston Partners lifted its holdings in Driven Brands by 1,301.0% in the 4th quarter. Boston Partners now owns 3,426,388 shares of the company’s stock worth $50,783,000 after purchasing an additional 3,181,812 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Driven Brands by 2.7% in the 4th quarter. JPMorgan Chase & Co. now owns 3,234,369 shares of the company’s stock worth $47,933,000 after purchasing an additional 86,281 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in Driven Brands by 9.3% in the 4th quarter. Janus Henderson Group PLC now owns 2,477,179 shares of the company’s stock worth $36,712,000 after purchasing an additional 209,883 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Driven Brands by 19.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,161,642 shares of the company’s stock worth $32,038,000 after buying an additional 354,540 shares during the last quarter. 77.08% of the stock is currently owned by institutional investors and hedge funds.

About Driven Brands

Driven Brands Holdings Inc (NASDAQ: DRVN) is a leading North American provider of automotive aftermarket services, operating through a network of franchised and company-owned locations. The company’s platform encompasses a diverse portfolio of car care and maintenance brands, including Meineke Car Care Centers, Maaco Collision Repair & Auto Painting, Take 5 Oil Change, and Carstar Collision Repair. Driven Brands delivers a full range of services from routine maintenance and oil changes to collision repair, paint protection, and vehicle customization.

Headquartered in Charlotte, North Carolina, Driven Brands serves both individual consumers and commercial clients across the United States and Canada.