TrueCar Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TrueCar stock.
View analyst ratings for TrueCar or view top-rated stocks.

Wall Street analysts have given TrueCar a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but TrueCar wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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TrueCar is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for TrueCar.

TrueCar, Inc. (NASDAQ:TRUE) issued its earnings results on Thursday, May, 6th. The technology company reported ($0.09) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.04. The technology company earned $65.10 million during the quarter, compared to the consensus estimate of $61.57 million. TrueCar had a net margin of 29.72% and a negative trailing twelve-month return on equity of 2.40%. The company's quarterly revenue was down 17.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.04 earnings per share.
View TrueCar's earnings history.

TrueCar's stock was trading at $2.42 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TRUE stock has increased by 119.0% and is now trading at $5.30.
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TrueCar updated its second quarter 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $65 million-$66 million, compared to the consensus revenue estimate of $64.10 million.

8 brokerages have issued 12-month price targets for TrueCar's shares. Their forecasts range from $4.50 to $10.00. On average, they anticipate TrueCar's stock price to reach $6.11 in the next year. This suggests a possible upside of 15.3% from the stock's current price.
View analysts' price targets for TrueCar or view top-rated stocks among Wall Street analysts.

31 employees have rated TrueCar CEO Michael Darrow on Glassdoor.com. Michael Darrow has an approval rating of 45% among TrueCar's employees. This puts Michael Darrow in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to TrueCar include Eventbrite (EB), Viant Technology (DSP), Model N (MODN), CEVA (CEVA), EverQuote (EVER), HealthStream (HSTM), GAN (GAN), Sify Technologies (SIFY), Qutoutiao (QTT), Aurora Mobile (JG), KLDiscovery (KLDI), Lizhi (LIZI), Moxian (MOXC), East Stone Acquisition (ESSC) and Alithya Group (ALYA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other TrueCar investors own include Twitter (TWTR), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Intel (INTC), The Boeing (BA), Gilead Sciences (GILD), General Motors (GM), Inovio Pharmaceuticals (INO) and Southwest Airlines (LUV).

TrueCar trades on the NASDAQ under the ticker symbol "TRUE."

TrueCar's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.35%), UBS Group AG (5.19%), Morgan Stanley (4.13%), Goldman Sachs Group Inc. (3.27%), Dimensional Fund Advisors LP (2.75%) and Renaissance Technologies LLC (2.33%). Company insiders that own TrueCar stock include Charles C Thomas, Jeff Swart, Michael Darrow, Robert Buce, Robert Mcclung and Simon Edward Smith.
View institutional ownership trends for TrueCar.

TRUE stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, HRT Financial LP, JPMorgan Chase & Co., Northern Trust Corp, Ameriprise Financial Inc., Squarepoint Ops LLC, Russell Investments Group Ltd., and Credit Suisse AG. Company insiders that have sold TrueCar company stock in the last year include Charles C Thomas, Jeff Swart, Robert Buce, and Simon Edward Smith.
View insider buying and selling activity for TrueCar or view top insider-selling stocks.

TRUE stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., BlackRock Inc., Acadian Asset Management LLC, Geode Capital Management LLC, Millennium Management LLC, ClariVest Asset Management LLC, Canada Pension Plan Investment Board, and Sei Investments Co..
View insider buying and selling activity for TrueCar or or view top insider-buying stocks.

Shares of TRUE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TRUE stock can currently be purchased for approximately $5.30.

TrueCar has a market capitalization of $523.67 million and generates $278.68 million in revenue each year. The technology company earns $76.54 million in net income (profit) each year or ($0.19) on an earnings per share basis.

TrueCar employs 435 workers across the globe.

The official website for TrueCar is www.truecar.com.

TrueCar is headquartered at 120 BROADWAY SUITE 200, SANTA MONICA CA, 90401.

TrueCar's mailing address is 120 BROADWAY SUITE 200, SANTA MONICA CA, 90401. The technology company can be reached via phone at 800-200-2000 or via email at [email protected]