
NASDAQ:DRVN
This summary was created by AI, based on 2 opinions in the last 12 months.
Driven Brands Holding Inc. (DRVN-Q) is recognized as a key player in the consumer and commercial auto services sector, particularly known for its quick oil change operations through the Take 5 brand. Analysts believe the company's focus on oil changes will enhance its competitive edge, especially as it plans to divest other businesses, streamlining its operations to a pure-play oil change model. Driven Brands is currently regarded as recession-resistant, benefiting from the necessity and quick turnaround of its services. With potential asset sales aimed at reducing debt, the company's heavy balance sheet could improve, making it more appealing to institutional investors. Analysts have set a price target averaging around $21.80, reflecting a positive outlook on its growth potential in the expanding market of quick maintenance services.
Most important brand is Take 5, offering a quick oil change. Take 5 has limited products, so customers appreciate the lack of upselling. That scaled-down concept also means you don't need highly trained technicians, which means lower labour costs. Also owns CARSTAR collision repair and car washes in Europe. Selling assets to eventually be just Take 5.
Only 1000 stores, so more room to grow than competition. Taking market share. Recession resistant. No dividend.
Driven Brands Holding Inc. is a American stock, trading under the symbol DRVN (previously DRVN-Q on Stockchase) on the NASDAQ (DRVN). It is usually referred to as NASDAQ:DRVN or DRVN
In the last year, there was no coverage of Driven Brands Holding Inc. published on Stockchase.
Driven Brands Holding Inc. was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2021-03-23. Read the latest stock experts ratings for Driven Brands Holding Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Driven Brands Holding Inc. in the last year. It is a trending stock that is worth watching.
On 2026-06-02, Driven Brands Holding Inc. (DRVN) stock closed at a price of $13.29.
Consumer and commercial auto services such as oil changes, windshields, car washes. Quick oil changes are the great part of the business, as they're necessary but quick. Recession-proof. Will continue to open up locations and be a formidable player, currently #3.
(Analysts’ price target is $21.92)Other divisions have been clouding the great story of oil changes. Management will be divesting some businesses, resulting in pure-play oil changes. Heavy balance sheet, but proceeds from asset sales will help pay down debt. If successful, multiple should expand and institutional investors will be more interested. No dividend.