TrueCar (TRUE) Stock Forecast, Price Target & Predictions


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TRUE Stock Forecast


TrueCar (TRUE) stock forecast, based on 21 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 192.97% increase from the last price of $1.28.

High: $3.75 Avg: $3.75 Low: $3.75 Last Closed Price: $1.28

TRUE Stock Rating


TrueCar stock's rating consensus is Hold, based on 21 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (38.10%), 11 Hold (52.38%), 2 Sell (9.52%), and 0 Strong Sell (0.00%).

Hold
Total 21 0 2 11 8 Strong Sell Sell Hold Buy Strong Buy

TRUE Price Target Upside V Benchmarks


TypeNameUpside
StockTrueCar192.97%
SectorCommunication Services Stocks 21.15%
IndustryInternet Content & Information Stocks 30.61%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$3.75
Last Closing Price$1.28$1.28$1.28
Upside/Downside--192.97%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25122-16
Mar, 25123--6
Feb, 25222--6
Jan, 25222--6
Dec, 24222--6
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%192.97%
Aug 06, 2024Chris PierceNeedham$3.75$2.7237.87%192.97%
Mar 14, 2023Chris PierceNeedham$3.50$2.0967.46%173.44%
Nov 08, 2022Marvin FongBTIG$3.00$1.7472.41%134.38%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Mar 27, 2025CitigroupUnderweightdowngrade
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$-0.34----
Avg Forecast$0.17$-0.08$-0.44$-0.39$-0.14$-0.05$0.07$0.09$0.14
High Forecast$0.17$-0.07$-0.42$-0.37$-0.11$-0.04$0.12$0.09$0.15
Low Forecast$0.16$-0.08$-0.45$-0.41$-0.17$-0.07$-0.01$0.08$0.13
Surprise %-211.76%387.50%195.45%41.03%142.86%----

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$175.60M----
Avg Forecast$281.28M$240.90M$165.08M$159.22M$176.79M$212.17M$251.05M$270.80M$307.10M
High Forecast$287.90M$246.57M$169.49M$159.53M$177.04M$219.51M$251.08M$280.42M$318.01M
Low Forecast$272.69M$233.54M$159.06M$158.91M$176.53M$204.84M$251.02M$257.03M$291.48M
Surprise %-0.93%-3.82%-2.16%-0.32%-0.68%----

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$-49.77M$-31.05M----
Avg Forecast$85.14M$-51.26M$-57.95M$-49.77M$-12.49M$-4.71M$4.98M$8.00M$12.57M
High Forecast$127.93M$-41.01M$-46.36M$-39.81M$-9.84M$-3.53M$11.22M$8.45M$13.15M
Low Forecast$42.34M$-61.52M$-69.54M$-59.72M$-15.14M$-5.89M$-1.26M$7.54M$11.74M
Surprise %-123.30%-25.15%104.79%-148.63%----

TRUE Forecast FAQ


Is TrueCar stock a buy?

TrueCar stock has a consensus rating of Hold, based on 21 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 11 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that TrueCar is a neutral investment for most analysts.

What is TrueCar's price target?

TrueCar's price target, set by 21 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 192.97% change from the previous closing price of $1.28.

How does TrueCar stock forecast compare to its benchmarks?

TrueCar's stock forecast shows a 192.97% upside, outperforming the average forecast for the communication services stocks sector (21.15%) and outperforming the internet content & information stocks industry (30.61%).

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

  • April 2025: 16.67% Strong Buy, 33.33% Buy, 33.33% Hold, 0% Sell, 16.67% Strong Sell.
  • March 2025: 16.67% Strong Buy, 33.33% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 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 2025 is $-0.05, marking a -85.29% decrease from the reported $-0.34 in 2024. Estimates for the following years are $0.07 in 2026, $0.09 in 2027, and $0.14 in 2028.

What is TrueCar’s revenue forecast?

TrueCar's average annual revenue forecast for its fiscal year ending in December 2025 is $212.17M, reflecting a 20.83% increase from the reported $175.6M in 2024. The forecast for 2026 is $251.05M, followed by $270.8M for 2027, and $307.1M for 2028.

What is TrueCar’s net income forecast?

TrueCar's net income forecast for the fiscal year ending in December 2025 stands at $-4.713M, representing a -84.82% decrease from the reported $-31.048M in 2024. Projections indicate $4.98M in 2026, $8M in 2027, and $12.57M in 2028.