Driven Brands stock gained 0.60 percent on October 2

Published on 10/04/2026 at 18:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Driven Brands stock carries a USD 16.23 consensus target from 17 analysts as of September 25, 2026. Q2 revenue reached USD 507.4 million, up 7 percent year over year.

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Driven Brands stock (ISIN US26210V1026) gained 0.60 percent to USD 11.68 on NASDAQ on October 2, 2026. The latest company action was a USD 100 million share repurchase authorization announced on September 15, 2026, while second-quarter revenue reached USD 507.4 million.

Buyback adds a capital return angle

According to Business Wire on September 15, 2026, Driven Brands set the repurchase authorization at USD 100 million and established a long-term net leverage target of 2x to 3x adjusted EBITDA. The board did not set an expiration date for the authorization.

The same release said management expected net leverage to reach 3.0x at the end of Q3 2026, compared with 5.0x at the end of 2023. That comparison gives the buyback a balance-sheet context, although the company said purchases would depend on market and economic conditions.

Second-quarter growth meets pressure

Driven Brands reported second-quarter 2026 revenue of USD 507.4 million, up 7 percent from the prior year, according to Driven Brands. The company also posted USD 37.3 million in net income from continuing operations and USD 107 million in adjusted EBITDA for the period.

System-wide sales rose 5 percent to USD 1.6 billion, while same-store sales increased 1.4 percent in the quarter. The figures show continued top-line expansion, but the stock remains well below its 52-week high of USD 17.30.

Consensus target stays above the quote

MarketBeat reported on September 25, 2026, that 17 analysts gave Driven Brands a Moderate Buy consensus rating. The average 12-month target was USD 16.23, with targets ranging from USD 12.00 to USD 17.00 in the cited analyst set.

Against the October 2 price of USD 11.68, the consensus target lies 47.5 percent above the stock. That gap is wider than the distance to the 52-week low of USD 9.80, placing analyst expectations and operating execution at the center of the valuation debate.

Stock closes at USD 11.68

Driven Brands stock closed at USD 11.68 on NASDAQ on October 2, 2026, up 0.60 percent from the prior close. Trading volume was 914,755 shares and market capitalization was USD 1.9 billion on that date.