NASDAQ:TRUE - TrueCar Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $6.25
  • Forecasted Upside: 20.19 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$5.20
▼ -0.06 (-1.14%)
1 month | 3 months | 12 months
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Analyst Price Target for TRUE

Average Price Target: $6.25
▲ +20.19% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for TrueCar in the last 3 months. The average price target is $6.25, with a high forecast of $10.00 and a low forecast of $4.50. The average price target represents a 20.19% upside from the last price of $5.20.

Buy

The current consensus among 7 contributing investment analysts is to buy stock in TrueCar. This rating has held steady since February 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
3/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
6/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/22/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
11/11/2020TruistLower Price Target$6.00 ➝ $4.50Low
11/9/2020Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellLower Price Target$5.50 ➝ $4.50Low
11/9/2020Smith Barney CitigroupLower Price Target$5.50 ➝ $4.50Low
11/9/2020JMP SecuritiesUpgradeMarket Perform ➝ Outperform$6.00Low
8/10/2020DA DavidsonBoost Price 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 Price TargetNeutral$3.00 ➝ $3.25Low
5/8/2020Needham & Company LLCReiterated RatingHoldHigh
5/6/2020B. RileyLower Price TargetNeutral$3.50 ➝ $3.00High
3/29/2020Royal Bank of CanadaReiterated RatingHold$3.50Low
2/21/2020DA DavidsonReiterated RatingNeutralMedium
2/21/2020Craig HallumLower Price TargetHold$5.00 ➝ $4.00Low
2/21/2020Royal Bank of CanadaLower Price TargetSector Perform$5.00 ➝ $3.50High
2/21/2020StephensLower Price TargetOverweight$8.00 ➝ $4.00High
2/21/2020B. RileyLower Price TargetNeutral$4.50 ➝ $3.50High
2/14/2020JMP SecuritiesReiterated RatingHoldLow
9/12/2019Needham & Company LLCInitiated CoverageHoldMedium
8/9/2019CowenSet Price TargetHold$5.00Low
8/9/2019CitigroupLower Price 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
3/25/2019BenchmarkDowngradeBuy ➝ Hold$11.00Medium
3/18/2019The Goldman Sachs GroupReiterated RatingSell ➝ Sell$7.00 ➝ $6.00Low
2/15/2019Craig HallumDowngradeBuy ➝ Hold$10.00High
2/15/2019BenchmarkLower Price TargetBuy$16.00 ➝ $11.00High
2/15/2019B. RileyReiterated RatingBuy ➝ Neutral$16.50 ➝ $9.50High
2/15/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$12.00 ➝ $9.00High
12/21/2018BTIG ResearchDowngradeBuy ➝ Neutral$9.05High
12/17/2018SunTrust BanksInitiated CoverageHold ➝ HoldHigh
12/7/2018CitigroupInitiated CoverageNeutral ➝ Neutral$11.50High
11/13/2018BTIG ResearchInitiated CoverageBuy$13.00Low
11/7/2018BenchmarkLower Price TargetBuy$18.00 ➝ $16.00High
11/7/2018B. RileyLower Price TargetBuy$18.00 ➝ $16.50High
8/13/2018DA DavidsonSet Price TargetNeutral ➝ Hold$13.00High
6/7/2018The Goldman Sachs GroupDowngradeNeutral ➝ Sell$11.00 ➝ $9.00High
5/3/2018BenchmarkReiterated RatingBuy$18.00Low
4/4/2018DA DavidsonInitiated CoverageNeutral$9.75Medium
3/22/2018BenchmarkInitiated CoverageBuy ➝ Buy$18.00Medium
3/22/2018JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
2/16/2018StephensSet Price TargetBuy$18.00Medium
1/24/2018B. RileyReiterated RatingBuy$18.00Low
11/7/2017B. RileyReiterated RatingBuy ➝ Buy$21.00 ➝ $18.00N/A
11/7/2017Royal Bank of CanadaLower Price TargetOutperform ➝ Outperform$23.00 ➝ $18.00N/A
10/31/2017B. RileyReiterated RatingBuy$21.00 ➝ $18.00N/A
10/11/2017The Goldman Sachs GroupReiterated RatingNeutral$17.00N/A
10/2/2017B. RileyReiterated RatingBuy$21.00Low
10/2/2017Morgan StanleyUpgradeUnderweight ➝ Equal Weight$13.00Medium
8/26/2017B. RileyReiterated RatingBuy$21.00Medium
8/21/2017B. RileyReiterated RatingBuy$21.00Low
8/17/2017CowenReiterated RatingHold$15.00Low
8/14/2017B. RileyReiterated RatingBuy$21.00Low
8/10/2017Royal Bank of CanadaReiterated RatingOutperform$22.00 ➝ $23.00High
8/9/2017B. RileyReiterated RatingBuy$21.00High
8/4/2017Royal Bank of CanadaReiterated RatingBuy$22.00Medium
7/20/2017Morgan StanleyReiterated RatingUnderweight$12.00 ➝ $13.00Medium
6/25/2017B. RileyReiterated RatingBuy$21.50Low
6/20/2017B. RileyReiterated RatingBuy$21.50Medium
5/12/2017B. RileyReiterated RatingBuy$21.50Low
5/10/2017Craig HallumBoost Price TargetBuy ➝ Buy$20.00 ➝ $23.00High
5/10/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$19.00 ➝ $22.00High
5/7/2017B. RileyReiterated RatingBuy$21.50Low
5/2/2017B. RileyReiterated RatingBuy$21.50Low
4/25/2017CowenBoost Price TargetMarket Perform$13.00 ➝ $15.00High
4/21/2017Royal Bank of CanadaReiterated RatingBuy$19.00High
3/28/2017Loop CapitalReiterated RatingBuy$18.00Low
3/27/2017CitigroupInitiated CoverageBuy$18.00Medium
3/11/2017B. RileyReiterated RatingBuy$16.50N/A
3/6/2017B. RileyReiterated RatingBuy$16.50N/A
2/23/2017B. RileyReiterated RatingBuy$16.50N/A
2/21/2017Loop CapitalReiterated RatingBuy$18.00N/A
2/18/2017B. RileyReiterated RatingBuy$16.50N/A
2/15/2017Royal Bank of CanadaReiterated RatingBuy$17.00 ➝ $19.00N/A
2/14/2017CowenBoost Price TargetMarket Perform$8.00 ➝ $10.00N/A
2/13/2017B. RileyReiterated RatingBuy$14.50N/A
2/6/2017Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$12.00 ➝ $17.00N/A
2/4/2017B. RileyReiterated RatingBuy$14.50N/A
1/30/2017B. RileyReiterated RatingBuy$14.50N/A
1/18/2017B. RileyReiterated RatingBuy$14.50N/A
1/13/2017B. RileyReiterated RatingBuy$14.50N/A
1/9/2017JMP SecuritiesUpgradeMarket Perform ➝ Outperform$17.00N/A
12/24/2016B. RileyReiterated RatingBuy$14.50N/A
12/19/2016B. RileyReiterated RatingBuy$14.50N/A
12/13/2016B. RileyReiterated RatingBuy$14.50N/A
12/8/2016B. RileyReiterated RatingBuy$14.50N/A
12/8/2016Loop CapitalReiterated RatingBuy$12.00 ➝ $15.00N/A
11/11/2016JPMorgan Chase & Co.Reiterated RatingNeutral ➝ HoldN/A
11/9/2016B. RileyReiterated RatingBuy$14.50N/A
11/7/2016Royal Bank of CanadaReiterated RatingSector Perform$10.00 ➝ $12.00N/A
11/6/2016JMP SecuritiesReiterated RatingHoldN/A
11/4/2016B. RileyReiterated RatingBuy$14.50N/A
11/4/2016StephensUpgradeEqual Weight ➝ OverweightN/A
11/4/2016Craig HallumUpgradeHold ➝ Buy$11.00 ➝ $14.00N/A
11/4/2016Loop CapitalUpgradeHold ➝ Buy$11.00 ➝ $12.00N/A
10/29/2016B. RileyReiterated RatingBuy$14.00N/A
10/24/2016B. RileyUpgradeNeutral ➝ Buy$14.00N/A
9/12/2016Morgan StanleyDowngradeEqual Weight ➝ Underweight$5.00 ➝ $6.40N/A
9/4/2016B. RileyUpgradeNeutral$9.50N/A
8/30/2016B. RileyUpgradeSell ➝ Neutral$5.00 ➝ $9.50N/A
8/10/2016B. RileyReiterated RatingSell$5.00N/A
8/10/2016Loop CapitalInitiated CoverageHold$11.00N/A
8/8/2016Royal Bank of CanadaReiterated RatingSector Perform$6.00 ➝ $10.00N/A
8/5/2016B. RileyReiterated RatingSell$5.00N/A
8/5/2016Craig HallumReiterated RatingHoldN/A
8/5/2016JPMorgan Chase & Co.Reiterated RatingHold$6.00N/A
7/18/2016B. RileyReiterated RatingSell$3.50N/A
(Data available from 6/21/2016 forward)
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 accurate, geographically specific, and real-time pricing information for consumers and dealers; 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; DealerSync, a dealer website creation and management service and a software platform that assists dealers in managing, marketing, and growing their business; and DealerScience that provides dealers with advanced digital retailing software tools. Further, the company customizes and operates its platform for financial institutions, membership-based organizations, and large enterprises. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.
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Today's Range

Now: $5.20
Low: $5.17
High: $5.30

50 Day Range

MA: $4.96
Low: $4.17
High: $6.05

52 Week Range

Now: $5.20
Low: $2.50
High: $6.47

Volume

999,000 shs

Average Volume

919,315 shs

Market Capitalization

$513.79 million

P/E Ratio

6.67

Dividend Yield

N/A

Beta

1.17

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: Benchmark Co., BTIG Research, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Craig Hallum, DA Davidson, JMP Securities, Needham & Company LLC, Smith Barney Citigroup, The Goldman Sachs Group, Inc., TheStreet, Truist, and Zacks Investment Research.
View the latest analyst ratings for TRUE.

What is the current price target for TrueCar?

8 Wall Street analysts have set twelve-month price targets for TrueCar in the last year. Their average twelve-month price target is $6.25, suggesting a possible upside of 20.2%. Craig Hallum has the highest price target set, predicting TRUE will reach $10.00 in the next twelve months. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell has the lowest price target set, forecasting a price of $4.50 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 3 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TRUE will outperform the market and that investors should add to their positions of TrueCar.
View the latest ratings for TRUE.

What other companies compete with 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.