William Blair Reaffirms “Market Perform” Rating for Driven Brands (NASDAQ:DRVN)

Driven Brands (NASDAQ:DRVN)‘s stock had its “market perform” rating reissued by research analysts at William Blair in a note issued to investors on Wednesday,Benzinga reports.

A number of other brokerages have also weighed in on DRVN. Freedom Capital raised shares of Driven Brands to a “strong-buy” rating in a report on Monday, March 23rd. Zacks Research upgraded Driven Brands from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 19th. Piper Sandler cut Driven Brands from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $19.00 to $12.00 in a research note on Wednesday, February 25th. Morgan Stanley dropped their target price on Driven Brands from $20.00 to $17.00 and set an “equal weight” rating for the company in a research report on Thursday, January 15th. Finally, BTIG Research reaffirmed a “buy” rating and set a $21.00 price target on shares of Driven Brands in a research note on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $19.71.

Driven Brands Trading Down 4.9%

Shares of NASDAQ DRVN opened at $12.40 on Wednesday. Driven Brands has a 1-year low of $9.80 and a 1-year high of $19.74. The company has a 50-day moving average of $12.79 and a two-hundred day moving average of $14.30. The company has a market cap of $2.04 billion, a PE ratio of -9.57 and a beta of 1.01. The company has a current ratio of 0.90, a quick ratio of 0.80 and a debt-to-equity ratio of 2.44.

Institutional Trading of Driven Brands

Several institutional investors and hedge funds have recently made changes to their positions in DRVN. Osaic Holdings Inc. boosted its position in shares of Driven Brands by 82.1% in the 2nd quarter. Osaic Holdings Inc. now owns 2,087 shares of the company’s stock worth $37,000 after purchasing an additional 941 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Driven Brands by 744.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,103 shares of the company’s stock valued at $37,000 after purchasing an additional 1,854 shares during the last quarter. Comerica Bank lifted its stake in Driven Brands by 328.8% in the fourth quarter. Comerica Bank now owns 2,933 shares of the company’s stock valued at $43,000 after buying an additional 2,249 shares during the period. Farther Finance Advisors LLC lifted its stake in Driven Brands by 1,113.8% in the third quarter. Farther Finance Advisors LLC now owns 3,338 shares of the company’s stock valued at $54,000 after buying an additional 3,063 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in Driven Brands by 1,347.7% during the fourth quarter. Larson Financial Group LLC now owns 3,822 shares of the company’s stock worth $57,000 after buying an additional 3,558 shares during 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

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.