
NASDAQ:DRVN
This summary was created by AI, based on 2 opinions in the last 12 months.
Driven Brands Holding Inc. (DRVN-Q) is positioned favorably in the consumer and commercial auto services sector, particularly with its core offering of quick oil changes through its primary brand, Take 5. Recognized for its recession-proof business model, the company plans to streamline its operations by divesting non-core businesses, thus allowing it to focus exclusively on oil changes—a sector where it ranks as the third largest player. The management's strategy to reduce debt through asset sales is expected to improve the company’s balance sheet and attract institutional investors. With limited product offerings and efficient service, Take 5 has minimized costs and improved customer appreciation, creating potential for significant market capture as it only operates about 1,000 locations, leaving ample room for expansion. Given these factors, analysts have set price targets around $21.67 to $21.92, suggesting an optimistic future outlook for the stock.
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, 2 stock analysts issued a Buy, Sell, or Hold rating on DRVN (previously DRVN-Q on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for Driven Brands Holding Inc..
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 Driven Brands Holding Inc..
Driven Brands Holding Inc. is followed by 18 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-24, Driven Brands Holding Inc. (DRVN) stock closed at a price of $12.71.
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.