MarketBeat ‘Stock of the Week’: Driven Brands has road to recovery

Key Points

Driven Brands is an up and coming auto services company that is equally balanced between retail and commercial customers in addition to being well-diversified by service type.
As part of its Dream Big 2026 Plan, the company is targeting 14% annual revenue growth over the next three years to reach $3.4 billion.
After a downturn in profitability in 2023, Wall Street is anticipating that Driven Brands will get an earnings tune-up in 2024 with the latest EPS consensus of $1.13 implying 11% growth.
5 stocks we like better than Driven Brands

Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Upgrade Now See Benefits

Already have an account? Log in here.

→ Laser breakthrough could send stock soaring 2,467% (From Behind the Markets) (Ad)

Should you invest $1,000 in Driven Brands right now?

Before you consider Driven Brands, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Driven Brands wasn't on the list.

While Driven Brands currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Companies Mentioned in This Article

Company	MarketRank™	Current Price	Price Change	Dividend Yield	P/E Ratio	Consensus Rating	Consensus Price Target
Driven Brands (DRVN)	4.2076 of 5 stars	$13.35	+1.3%	N/A	-3.12	Moderate Buy	$23.44
Matthews International (MATW)	4.1196 of 5 stars	$28.78	+2.7%	3.34%	27.15	Buy	$59.00
Copart (CPRT)	3.8735 of 5 stars	$50.96	+0.2%	N/A	37.33	Moderate Buy	$45.50
OPENLANE (KAR)	4.3561 of 5 stars	$14.36	+0.6%	N/A	-8.60	Moderate Buy	$18.75