Analyst Price Target is $2.69
▲ +16.85% 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 $2.69, with a high forecast of $3.50 and a low forecast of $1.50. The average price target represents a 16.85% upside from the last price of $2.30.
Current Consensus is
The current consensus among 3 contributing investment analysts is to buy stock in TrueCar. This rating has held steady since November 2022, when it changed from a Hold consensus rating.
TrueCar, Inc. engages in the operation of data-driven online platform which provides dealers and automakers with automobile information. It provides pricing transparency about what other people paid for their cars. The firm's products include Used Cars for Sale, Sell My Car, Local Pricing, and Lease a Car. The company was founded by Thomas Taira, James Nguyen, Scott Painter and Bernard Brenner in February 2005 and is headquartered in Santa Monica, CA.