Driven Brands' (DRVN) Market Perform Rating Reaffirmed at William Blair

Key Points

• William Blair reaffirmed a Market Perform rating on Driven Brands, while analysts’ views are mixed and the consensus remains a "Hold" with an average price target of about $19.71.
• Driven Brands disclosed widespread accounting errors, missed preliminary revenue guidance and delayed SEC filings, prompting multiple class‑action lawsuits and regulatory investigations that heighten restatement and litigation risk.
• The stock trades near $12.40 (52‑week range $9.80–$19.74) with a negative P/E and high leverage (debt/equity 2.44), leaving the share price well below consensus targets and reflecting financial strain.

Driven Brands (NASDAQ:DRVN - Get Free Report)'s stock had its "market perform" rating reaffirmed by equities research analysts at William Blair in a report issued on Wednesday,Benzinga reports.

A number of other equities research analysts also recently weighed in on the company. Morgan Stanley decreased their target price on Driven Brands from $20.00 to $17.00 and set an "equal weight" rating on the stock in a research report on Thursday, January 15th. Weiss Ratings reiterated a "sell (d)" rating on shares of Driven Brands in a research report on Friday, March 27th. BTIG Research reissued a "buy" rating and set a $21.00 price objective on shares of Driven Brands in a report on Thursday, January 8th. Zacks Research upgraded Driven Brands from a "strong sell" rating to a "hold" rating in a research note on Thursday, March 19th. Finally, Piper Sandler cut Driven Brands from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $19.00 to $12.00 in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Driven Brands currently has an average rating of "Hold" and a consensus target price of $19.71.

Driven Brands Stock Performance

NASDAQ:DRVN opened at $12.40 on Wednesday. The firm's 50-day moving average is $12.79 and its 200-day moving average is $14.30. The company has a market cap of $2.04 billion, a price-to-earnings ratio of -9.57 and a beta of 1.01. The company has a debt-to-equity ratio of 2.44, a quick ratio of 0.80 and a current ratio of 0.90. Driven Brands has a 52-week low of $9.80 and a 52-week high of $19.74.

Institutional Investors Weigh In On Driven Brands

Several large investors have recently made changes to their positions in the company. Boston Partners raised its stake in shares of Driven Brands by 1,301.0% in the fourth quarter. Boston Partners now owns 3,426,388 shares of the company's stock valued at $50,783,000 after acquiring an additional 3,181,812 shares during the last quarter. AustralianSuper Pty Ltd acquired a new stake in Driven Brands during the 3rd quarter valued at $44,645,000. Simcoe Capital Management LLC acquired a new stake in Driven Brands during the 3rd quarter valued at $33,911,000. North Peak Capital Management LLC raised its position in Driven Brands by 37.3% in the 4th quarter. North Peak Capital Management LLC now owns 3,990,850 shares of the company's stock valued at $59,144,000 after purchasing an additional 1,083,896 shares during the last quarter. Finally, Emeth Value Capital LLC boosted its stake in Driven Brands by 34.8% in the third quarter. Emeth Value Capital LLC now owns 3,263,911 shares of the company's stock worth $52,745,000 after purchasing an additional 842,668 shares in the last quarter. Institutional investors own 77.08% of the company's stock.

More Driven Brands News

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

• Neutral Sentiment: Q3 2025 earnings call transcript is available for investors who want the management commentary and Q&A; useful for parsing operational detail but does not change the larger legal/financial headlines. Driven Brands (DRVN) Q3 2025 Earnings Transcript
• Negative Sentiment: Driven Brands issued preliminary unaudited results and revised guidance that miss consensus: Q1 2026 revenue guidance of $475–485M vs. consensus ~$501.5M; Q4 2025 revenue $450–460M vs. ~$470.8M; FY‑2025 revenue about $1.9B vs. ~$2.0B — management also updated SEC filing timing. These misses and filing delays amplify investor concern about financial accuracy. Driven Brands Holdings Inc. Provides Preliminary Unaudited Results for 2025 and Q1 2026 and Update on SEC Filing Status
• Negative Sentiment: Multiple law firms have filed or announced investigations and investor alerts after Driven Brands disclosed widespread accounting errors and internal control failures. The surge of class‑action notices (and repeated reminders about the May 8 lead‑plaintiff deadline) increases litigation risk, potential remediation costs and uncertainty around restatements. Examples include filings/alerts from Bleichmar Fonti & Auld, Hagens Berman, Faruqi & Faruqi, Pomerantz, Kahn Swick & Foti, Bragar Eagel & Squire and many others. $DRVN Class Action: BFA Law Notifies Driven Brands Investors that Lost Money after 39% Stock Drop of Upcoming May 8 Deadline in Securities Fraud Case
• Negative Sentiment: Targeted allegations: some firms (e.g., Levi & Korsinsky) specifically name executives and allege the CFO signed misstated financials — a serious charge that can prolong restatements, invite regulatory scrutiny and increase settlement risk. DRVN Investor Alert: Driven Brands Holdings Inc. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After CFO Allegedly Signed Misstated Financials: Levi & Korsinsky

Driven Brands Company Profile

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.

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