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TrueCar - TRUE Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $3.75
  • Forecasted Upside: 33.93%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$2.80 As of 04/25/2024 01:00 AM ET
▼ -0.11 (-3.78%)

This chart shows the closing price for TRUE by one month, three months, or twelve months.

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Analyst Price Target for TRUE

Analyst Price Target is $3.75
▲ +33.93% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for TrueCar in the last 3 months. The average price target is $3.75, with a high forecast of $4.50 and a low forecast of $3.00. The average price target represents a 33.93% upside from the last price of $2.80.

This chart shows the closing price for TRUE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 investment analysts is to hold stock in TrueCar. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/21/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$4.50Low
12/18/2023Needham & Company LLCBoost TargetBuy ➝ Buy$3.50 ➝ $4.50Low
9/27/2023BTIG ResearchDowngradeBuy ➝ NeutralLow
7/19/2023B. RileyInitiated CoverageNeutral$3.00Low
3/14/2023Needham & Company LLCUpgradeHold ➝ Buy$3.50Low
2/23/2023Needham & Company LLCReiterated RatingHoldLow
11/25/2022DA DavidsonBoost Target$2.75Low
11/15/2022Craig HallumLower Target$1.50Low
11/8/2022BTIG ResearchUpgradeNeutral ➝ Buy$3.00Low
10/31/2022JPMorgan Chase & Co.UpgradeUnderweight ➝ OverweightLow
9/13/2022DA DavidsonLower Target$2.25Low
2/24/2022BenchmarkLower TargetBuy$7.00 ➝ $6.00High
2/24/2022DA DavidsonLower TargetNeutral$3.85 ➝ $3.50High
2/23/2022Craig HallumDowngradeBuy ➝ Hold$6.00 ➝ $3.50High
2/2/2022Northcoast ResearchInitiated CoverageNeutralLow
12/28/2021Truist FinancialLower TargetHold$6.00 ➝ $4.25Low
10/27/2021BTIG ResearchDowngradeBuy ➝ NeutralLow
8/19/2021DA DavidsonLower TargetNeutral$5.25 ➝ $4.50Low
3/8/2021BTIG ResearchUpgradeNeutral ➝ BuyN/A
3/5/2021Needham & Company LLCReiterated RatingHoldHigh
3/2/2021BTIG ResearchUpgradeNeutral ➝ Buy$7.25High
2/25/2021BenchmarkUpgradeHold ➝ Buy$8.00High
1/25/2021The Goldman Sachs GroupInitiated CoverageNeutralMedium
11/11/2020Truist FinancialLower Target$6.00 ➝ $4.50Low
11/9/2020Smith Barney CitigroupLower Target$5.50 ➝ $4.50Low
11/9/2020JMP SecuritiesUpgradeMarket Perform ➝ Outperform$6.00Low
8/10/2020DA DavidsonBoost TargetNeutral$3.00 ➝ $5.25Low
8/7/2020Needham & Company LLCInitiated CoverageHoldLow
8/7/2020Craig HallumUpgradeHold ➝ Buy$4.00 ➝ $10.00High
6/19/2020B. RileyInitiated CoverageBuy$5.00Medium
6/10/2020B. RileyUpgradeNeutral ➝ Buy$3.00 ➝ $5.00High
5/11/2020CitigroupBoost TargetNeutral$3.00 ➝ $3.25Low
5/8/2020Needham & Company LLCReiterated RatingHoldHigh
5/6/2020B. RileyLower TargetNeutral$3.50 ➝ $3.00High
3/29/2020Royal Bank of CanadaReiterated RatingHold$3.50Low
2/21/2020DA DavidsonReiterated RatingNeutralMedium
2/21/2020Craig HallumLower TargetHold$5.00 ➝ $4.00Low
2/21/2020Royal Bank of CanadaLower TargetSector Perform$5.00 ➝ $3.50High
2/21/2020StephensLower TargetOverweight$8.00 ➝ $4.00High
2/21/2020B. RileyLower TargetNeutral$4.50 ➝ $3.50High
2/14/2020JMP SecuritiesReiterated RatingHoldLow
9/12/2019Needham & Company LLCInitiated CoverageHoldMedium
8/9/2019CowenSet TargetHold$5.00Low
8/9/2019CitigroupLower TargetNeutral$7.00 ➝ $4.50High
5/20/2019CowenInitiated CoverageHold$7.00Low
5/14/2019SunTrust BanksReiterated RatingHold$8.00Low
5/6/2019SunTrust BanksReiterated RatingHold$9.00Low
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.03 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 7 very positive mentions
  • 20 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Mentions as of
10/28/2023
  • 3 very positive mentions
  • 15 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2023
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
1/26/2024
  • 9 very positive mentions
  • 23 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
2/25/2024
  • 1 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2024
  • 3 very positive mentions
  • 19 positive mentions
  • 3 negative mentions
  • 3 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 3 very positive mentions
  • 19 positive mentions
  • 3 negative mentions
  • 3 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

TrueCar logo
TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. The company was incorporated in 2005 and is headquartered in Santa Monica, California.
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Today's Range

Now: $2.80
Low: $2.78
High: $2.86

50 Day Range

MA: $3.32
Low: $2.80
High: $3.87

52 Week Range

Now: $2.80
Low: $1.76
High: $4.05

Volume

226,394 shs

Average Volume

210,675 shs

Market Capitalization

$256.40 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.65

Frequently Asked Questions

What sell-side analysts currently cover shares of TrueCar?

The following Wall Street analysts have issued reports on TrueCar in the last twelve months: B. Riley, BTIG Research, Needham & Company LLC, and StockNews.com.
View the latest analyst ratings for TRUE.

What is the current price target for TrueCar?

2 Wall Street analysts have set twelve-month price targets for TrueCar in the last year. Their average twelve-month price target is $3.75, suggesting a possible upside of 33.9%. Needham & Company LLC has the highest price target set, predicting TRUE will reach $4.50 in the next twelve months. B. Riley has the lowest price target set, forecasting a price of $3.00 for TrueCar in the next year.
View the latest price targets for TRUE.

What is the current consensus analyst rating for TrueCar?

TrueCar currently has 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TRUE, but not buy more shares or sell existing shares.
View the latest ratings for TRUE.

What other companies compete with TrueCar?

Other companies that are similar to TrueCar include VNET Group, Sify Technologies, Sangoma Technologies, CEVA and Synacor. Learn More about companies similar to TrueCar.

How do I contact TrueCar's investor relations team?

TrueCar's physical mailing address is 120 BROADWAY SUITE 200, SANTA MONICA CA, 90401. The technology company's listed phone number is (800) 200-2000 and its investor relations email address is [email protected]. The official website for TrueCar is www.truecar.com. Learn More about contacing TrueCar investor relations.