NASDAQ:TRUETrueCar Stock Price, Forecast & News

TrueCar's stock was trading at $2.42 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TRUE stock has increased by 6.6% and is now trading at $2.58. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for TrueCar.

TrueCar is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for TrueCar.

TrueCar Inc (NASDAQ:TRUE) issued its quarterly earnings results on Thursday, May, 7th. The technology company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.06. The technology company had revenue of $83.53 million for the quarter, compared to the consensus estimate of $82 million. TrueCar had a negative return on equity of 10.48% and a negative net margin of 14.55%. The business's revenue was down 2.4% compared to the same quarter last year. View TrueCar's earnings history.

9 equities research analysts have issued 12 month target prices for TrueCar's shares. Their forecasts range from $3.25 to $5.00. On average, they expect TrueCar's stock price to reach $4.13 in the next year. This suggests a possible upside of 59.9% from the stock's current price. View analysts' price targets for TrueCar.

Media stories about TRUE stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TrueCar earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about TrueCar.

Some companies that are related to TrueCar include Qutoutiao (QTT), Eventbrite (EB), The Rubicon Project (RUBI), HealthStream (HSTM), Pivotal Acquisition (PVT), Phoenix Tree (LIZI), Aurora Mobile (JG), Jianpu Technology (JT), Pintec Technology (PT), Synacor (SYNC), GigaMedia (GIGM), Professional Diversity Network (IPDN), Sify Technologies (SIFY), Chinanet Online (CNET) and Autoweb (AUTO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other TrueCar investors own include Twitter (TWTR), Gilead Sciences (GILD), General Motors (GM), Tesla (TSLA), Caterpillar (CAT), Freeport-McMoRan (FCX), NVIDIA (NVDA), Skyworks Solutions (SWKS), Advanced Micro Devices (AMD) and GoPro (GPRO).

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

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

One share of TRUE stock can currently be purchased for approximately $2.58.

TrueCar has a market capitalization of $276.76 million and generates $353.88 million in revenue each year. The technology company earns $-54,890,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis. TrueCar employs 773 workers across the globe.

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

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]