BTIG Rates Driven Brands (DRVN) buy, $17 Price Target

Analysts Set New Price Targets

On June 12, 2026, BTIG analyst Marvin Fong reaffirmed a Buy rating on Driven Brands Holdings Inc. (NasdaqGS: DRVN), keeping a price target of $17.00 for the automotive services provider. This move signals continued support for the company's business model, which spans oil changes, glass repair, and collision services. The $17.00 target suggests the firm sees room for the stock to climb from its recent levels.

Fong's call follows a period of steady operational performance for the Charlotte-based company. Other research firms have also weighed in on the stock's potential recently. On September 10, 2026, Canaccord Genuity maintained a Buy rating and actually lifted its price target from $17.00 to $18.00. Earlier, on August 7, 2026, RBC Capital kept an Outperform rating on the stock but trimmed its target price slightly to $16.00 from a previous $17.00. Among the 11 analysts tracking the company, the consensus recommendation remains a Buy with an average price target of $16.28.

Driven Brands Stock Performance and Valuation

On this Saturday, the stock was spotted at $13.36, placing it toward the middle of its 52-week range of $9.80 to $17.30. The shares are currently trading just under their 50-day moving average of $13.44 and their 200-day moving average of $13.76. Moving averages are technical tools that track the average price over a set time to help identify trends.

With a market capitalization of roughly $2.00 billion, Driven Brands is valued at a price-to-earnings (P/E) ratio of 12.23. The P/E ratio compares a company's share price to its per-share earnings to see if it is over or undervalued. Interestingly, the forward P/E ratio — which uses estimated future earnings — sits at 8.37, suggesting that analysts expect the company's bottom line to strengthen in the coming months.

Revenue and Profitability Trends

Driven Brands has shown it can grow its top line even in a shifting economy. The company reported annual revenue of $1.93 billion, representing a 6.8% increase over previous periods. Profitability remains a core part of the story, with the company delivering a return on equity (ROE) of 20.7%. ROE is a measure of how effectively a company uses shareholder money to generate profit. The company also maintains a net margin of 8.56%.

Investors are now looking toward the next major update from the company. Driven Brands is scheduled to release its next set of financial results on October 29, 2026. These results will provide a clearer picture of whether the company's diverse segments, like Take 5 Oil Change and Auto Glass Now, are meeting the growth targets set by Wall Street.

About Driven Brands Holdings Inc.

Driven Brands is a massive provider of automotive services across the United States and Canada. It is the name behind several well-known retail brands including Meineke, Maaco, and Take 5 Oil Change. The company handles everything from simple maintenance and oil changes to complex collision repair and glass replacement. By operating through both franchised and company-owned locations, it has built a wide network that serves both everyday drivers and commercial fleets.

What to Watch at Driven Brands Holdings Inc.

As the October 29 earnings date approaches, market participants will likely focus on whether the company can sustain its 6.8% revenue growth. While analyst ratings provide a professional outlook on where a stock might go, they are opinions based on current data and not guarantees. Future SEC filings and the upcoming quarterly report will be the next key indicators of the company's financial health.