TrueCar - TRUE Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TRUE shares.
View TRUE analyst ratings or view top-rated stocks.

5 brokerages have issued 12-month price targets for TrueCar's shares. Their TRUE share price forecasts range from $1.50 to $6.00. On average, they anticipate the company's share price to reach $3.31 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price.
View analysts price targets for TRUE or view top-rated stocks among Wall Street analysts.

TrueCar's stock was trading at $2.51 at the start of the year. Since then, TRUE stock has increased by 19.5% and is now trading at $3.00.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our TRUE earnings forecast.

TrueCar, Inc. (NASDAQ:TRUE) issued its quarterly earnings results on Monday, November, 7th. The technology company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.13) by $0.06. The technology company earned $39.05 million during the quarter, compared to the consensus estimate of $40.06 million. TrueCar had a negative net margin of 68.14% and a negative trailing twelve-month return on equity of 19.36%.

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

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), 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 institutional and retail investors. Top institutional shareholders include Simplex Trading LLC (0.00%), Bank of Montreal Can (0.05%), Gladius Capital Management LP (0.02%), ProShare Advisors LLC (0.01%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Charles C Thomas, Christopher W Claus, Dennis H Nelson, Jeff Swart, John W Mendel, Michael Darrow, Robert Buce and Simon Edward Smith.
View institutional ownership trends.

Shares of TRUE stock 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.
Compare Top Brokerages Here.

One share of TRUE stock can currently be purchased for approximately $3.00.

TrueCar (NASDAQ:TRUE) has a market capitalization of $264.33 million and generates $231.70 million in revenue each year. The technology company earns $-38,330,000.00 in net income (profit) each year or ($1.26) on an earnings per share basis.

The company employs 428 workers across the globe.

TrueCar's mailing address is 120 BROADWAY SUITE 200, SANTA MONICA CA, 90401. The official website for the company is www.truecar.com. The technology company can be reached via phone at (800) 200-2000 or via email at investors@true.com.