​

TrueCar (TRUE) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

TRUE Stock Forecast

TrueCar (TRUE) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $3.75, with a high of $3.75 and a low of $3.75. This represents a 5.34% increase from the last price of $3.56.

High: $3.75 Avg: $3.75 Low: $3.75 Last Closed Price: $3.56

TRUE Stock Rating

TrueCar stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 5 Strong Sell Sell Hold Buy Strong Buy

TRUE Price Target Upside V Benchmarks

TypeNameUpside
StockTrueCar5.34%
SectorCommunication Services Stocks 0.73%
IndustryInternet Content & Information Stocks -5.07%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$3.75
Last Closing Price$3.56$3.56$3.56
Upside/Downside--5.34%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25222--6
Jan, 25222--6
Dec, 24222--6
Nov, 24244--10
Oct, 24244--10
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 06, 2024Marvin FongBTIG$3.75$2.7237.87%5.34%
Aug 06, 2024Chris PierceNeedham$3.75$2.7237.87%5.34%
Mar 14, 2023Chris PierceNeedham$3.50$2.0967.46%-1.69%
Nov 08, 2022Marvin FongBTIG$3.00$1.7472.41%-15.73%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024BTIGBuyBuyhold
Oct 07, 2024Lake StreetBuyinitialise
Aug 06, 2024NeedhamBuyBuyhold
Dec 18, 2023NeedhamBuyBuyhold
Jun 15, 2023NeedhamBuyBuyhold
Mar 14, 2023NeedhamBuyupgrade
Nov 08, 2022BTIGBuyupgrade
Oct 31, 2022J.P. MorganOverweightupgrade
Feb 24, 2022BenchmarkBuyBuyhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.19$-0.39$-1.30$-0.55-----
Avg Forecast$0.17$-0.08$-0.44$-0.39$-0.14$-0.05$0.07$0.09$0.14
High Forecast$0.16$-0.08$-0.45$-0.41$-0.17$-0.07$-0.01$0.08$0.13
Low Forecast$0.17$-0.07$-0.42$-0.37$-0.11$-0.04$0.12$0.09$0.15
Surprise %-211.76%387.50%195.45%41.03%-----

Revenue Forecast

$150M $190M $230M $270M $310M $350M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$278.68M$231.70M$161.52M$158.71M-----
Avg Forecast$281.28M$240.90M$165.08M$159.22M$176.79M$212.17M$251.05M$270.80M$307.10M
High Forecast$272.69M$233.54M$159.06M$158.91M$176.53M$204.84M$251.02M$257.03M$291.48M
Low Forecast$287.90M$246.57M$169.49M$159.53M$177.04M$219.51M$251.08M$280.42M$318.01M
Surprise %-0.93%-3.82%-2.16%-0.32%-----

Net Income Forecast

$-150M $-90M $-30M $30M $90M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-19.84M$-38.37M$-118.69M$-49.77M-----
Avg Forecast$85.14M$-51.26M$-57.95M$-49.77M$-12.49M$-4.71M$4.98M$8.00M$12.57M
High Forecast$42.34M$-61.52M$-69.54M$-59.72M$-15.14M$-5.89M$-1.26M$7.54M$11.74M
Low Forecast$127.93M$-41.01M$-46.36M$-39.81M$-9.84M$-3.53M$11.22M$8.45M$13.15M
Surprise %-123.30%-25.15%104.79%------

TRUE Forecast FAQ

Is TrueCar stock a buy?

TrueCar stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that TrueCar is a favorable investment for most analysts.

What is TrueCar's price target?

TrueCar's price target, set by 5 Wall Street analysts, averages $3.75 over the next 12 months. The price target range spans from $3.75 at the low end to $3.75 at the high end, suggesting a potential 5.34% change from the previous closing price of $3.56.

How does TrueCar stock forecast compare to its benchmarks?

TrueCar's stock forecast shows a 5.34% upside, outperforming the average forecast for the communication services stocks sector (0.73%) and outperforming the internet content & information stocks industry (-5.07%).

What is the breakdown of analyst ratings for TrueCar over the past three months?

  • February 2025: 33.33% Strong Buy, 33.33% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 33.33% Strong Buy, 33.33% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 33.33% Strong Buy, 33.33% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.

What is TrueCar’s EPS forecast?

TrueCar's average annual EPS forecast for its fiscal year ending in December is $-0.14 for 2024, a -74.55% decrease from the reported $-0.55 in 2023. The prediction for 2025 is $-0.05, $0.07 for 2026, $0.09 for 2027, and $0.14 for 2028.

What is TrueCar’s revenue forecast?

TrueCar's average annual revenue forecast for its fiscal year ending in December is $176.79M for 2024, a 11.40% increase from the reported $158.71M in 2023. The forecast for 2025 is $212.17M, $251.05M for 2026, $270.8M for 2027, and $307.1M for 2028.

What is TrueCar’s net income forecast?

For its fiscal year ending in December, TrueCar's average annual net income forecast is $-12.488M for 2024, reflecting a -74.91% decrease from the reported $-49.766M in 2023. The projection for 2025 is $-4.713M, $4.98M for 2026, $8M for 2027, and $12.57M for 2028.