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Lots of sound and fury on US debt, but not a crisis — yet
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Is tipping getting out of control? Many consumers say yes
The Next Big Crisis Is Here (Ad)
FTX's Sam Bankman-Fried, DOJ tussle over his communications
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Challenge for Tunisian democracy: Getting voters to show up
Is tipping getting out of control? Many consumers say yes
The Next Big Crisis Is Here (Ad)
FTX's Sam Bankman-Fried, DOJ tussle over his communications
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Challenge for Tunisian democracy: Getting voters to show up
Is tipping getting out of control? Many consumers say yes
The Next Big Crisis Is Here (Ad)
FTX's Sam Bankman-Fried, DOJ tussle over his communications
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Challenge for Tunisian democracy: Getting voters to show up
Is tipping getting out of control? Many consumers say yes
The Next Big Crisis Is Here (Ad)
FTX's Sam Bankman-Fried, DOJ tussle over his communications
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
NASDAQ:TRUE

TrueCar - TRUE Stock Forecast, Price & News

$3.03
+0.03 (+1.00%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$2.98
▼
$3.10
50-Day Range
$2.22
▼
$3.18
52-Week Range
$1.30
▼
$4.09
Volume
539,728 shs
Average Volume
255,115 shs
Market Capitalization
$266.97 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.31

TrueCar MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
9.3% Upside
$3.31 Price Target
Short Interest
Healthy
2.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.77mentions of TrueCar in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$96,000 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.62) to ($0.25) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.98 out of 5 stars

Computer And Technology Sector

393rd out of 635 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

39th out of 66 stocks

See Top Rated MarketRank™ Stocks Here

TRUE stock logo

About TrueCar (NASDAQ:TRUE) Stock

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; and DealerScience that provides dealers with advanced digital retailing software tools. 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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TRUE Stock News Headlines

January 27, 2023 | msn.com
5 Best SUVs Under $30,000 From 2022
January 27, 2023 | msn.com
TrueCar Says This 2023 Subcompact Sedan Has the Best Gas Mileage for a Non-Hybrid
January 29, 2023 | Porter & Company (Ad)
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
January 19, 2023 | americanbankingnews.com
Brokerages Set TrueCar, Inc. (NASDAQ:TRUE) PT at $3.31
January 17, 2023 | marketwatch.com
Used-car Trading E-commerce Market by Product and Geography : Forecast and Analysis 2023 to 2029 with Top Countries Data
January 17, 2023 | msn.com
3 Things U.S. News Doesn’t Like About the 2023 Dodge Challenger
December 29, 2022 | finance.yahoo.com
TrueCar Releases Analysis of December Industry Sales
December 21, 2022 | msn.com
How Far Will the 2022 Tesla Model 3 Long Range Take You?
January 29, 2023 | Porter & Company (Ad)
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
December 13, 2022 | msn.com
Toyota RAV4 Prime vs. Ford Escape PHEV: TrueCar Decides Which Is the Better Plug-In Hybrid Crossover
November 30, 2022 | seekingalpha.com
GM, Hyundai and Tesla are forecast to be U.S. auto market share winners in November
November 30, 2022 | finance.yahoo.com
TrueCar Releases Analysis of November Industry Sales
November 19, 2022 | finance.yahoo.com
As TrueCar, Inc. (NASDAQ:TRUE) gains 37%, insiders who bought last year may be wishing they had bet higher
November 17, 2022 | finance.yahoo.com
AutoNation (AN) Set to Spur Digital Game With Stake in TrueCar
November 15, 2022 | finance.yahoo.com
AutoNation Announces Acquisition of Minority Ownership Stake in TrueCar, a Leading Automotive Digital Marketplace
November 14, 2022 | finance.yahoo.com
TrueCar Announces the "I Need a TrueCar" Sweepstakes To Help People Buy a Car
November 10, 2022 | finance.yahoo.com
TrueCar Honors Vietnam Marine Veteran with Brand New Retrofitted Vehicle for DrivenToDrive Initiative
November 7, 2022 | finance.yahoo.com
TrueCar Releases Third Quarter 2022 Financial Results and Stockholder Letter
November 7, 2022 | finance.yahoo.com
TrueCar (TRUE) Reports Q3 Loss, Lags Revenue Estimates
November 3, 2022 | finance.yahoo.com
TrueCar Expands Its Digital Automotive Marketplace, TrueCar+, to Five Additional States
November 1, 2022 | finance.yahoo.com
TrueCar Appoints Brendan Harrington to its Board of Directors
October 28, 2022 | finance.yahoo.com
TrueCar Releases Analysis of October Industry Sales
October 27, 2022 | finance.yahoo.com
Limoneira Company Announces Change to Board of Directors
October 27, 2022 | msn.com
Here’s Why You Should Buy a Mini Electric Over Other EVs
October 26, 2022 | finance.yahoo.com
TrueCar Launches Online Credit Application on TrueCar.com in Southern California
October 26, 2022 | msn.com
The Most Fuel-Efficient Convertible Is Not The Car You Would Expect
October 25, 2022 | msn.com
5 Cheapest Luxury Cars Under $40,000 According to U.S. News
See More Headlines
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TRUE Company Calendar

Last Earnings
11/07/2022
Today
1/29/2023
Next Earnings (Estimated)
2/28/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:TRUE
CUSIP
N/A
CIK
1327318
Web
www.truecar.com
Phone
(800) 200-2000
Fax
N/A
Employees
428
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.31
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$1.50
Forecasted Upside/Downside
+9.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.26)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-38,330,000.00
Net Margins
-68.14%
Pretax Margin
-69.69%
Return on Equity
-19.36%
Return on Assets
-16.17%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
6.78
Quick Ratio
6.78

Sales & Book Value

Annual Sales
$231.70 million
Price / Sales
1.15
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$3.44 per share
Price / Book
0.88

Miscellaneous

Outstanding Shares
88,110,000
Free Float
84,853,000
Market Cap
$266.97 million
Optionable
Optionable
Beta
1.32

Key Executives

  • Mr. Michael D. DarrowMr. Michael D. Darrow (Age 65)
    Pres, CEO & Director
    Comp: $600.24k
  • Mr. Jantoon E. Reigersman (Age 41)
    Exec. VP, COO & CFO
    Comp: $454.88k
  • Mr. Jeffrey J. Swart (Age 55)
    Exec. VP, Sec. & Gen. Counsel
    Comp: $410.59k
  • Mr. Elias Rokos
    Chief Technology Officer
  • Ms. Zaineb Bokhari
    VP of Investor Relations
  • Shadee Malekafzali
    Sr. Director of PR
  • Ms. Jill Angel
    Chief People Officer.
  • Mr. Victor Anthony Perry III (Age 69)
    Advisor
  • Mr. Paul Edmonds
    Sr. VP of Dealer Marketing & Operations
  • Mr. David Green
    Sr. VP of Major Accounts

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













TRUE Stock - Frequently Asked Questions

Should I buy or sell TrueCar stock right now?

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

What is TrueCar's stock price forecast for 2023?

6 equities research analysts have issued 12-month price targets for TrueCar's stock. Their TRUE share price forecasts range from $1.50 to $6.00. On average, they expect the company's stock price to reach $3.31 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price.
View analysts price targets for TRUE or view top-rated stocks among Wall Street analysts.

How have TRUE shares performed in 2023?

TrueCar's stock was trading at $2.51 on January 1st, 2023. Since then, TRUE shares have increased by 20.7% and is now trading at $3.03.
View the best growth stocks for 2023 here.

When is TrueCar's next earnings date?

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

How were TrueCar's earnings last quarter?

TrueCar, Inc. (NASDAQ:TRUE) announced its quarterly earnings data on Monday, November, 7th. The technology company reported ($0.19) earnings per share (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 analysts' expectations of $40.06 million. TrueCar had a negative trailing twelve-month return on equity of 19.36% and a negative net margin of 68.14%.

What is Michael Darrow's approval rating as TrueCar's CEO?

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.

What other stocks do shareholders of TrueCar own?

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).

What is TrueCar's stock symbol?

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

How do I buy shares of TrueCar?

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.

What is TrueCar's stock price today?

One share of TRUE stock can currently be purchased for approximately $3.03.

How much money does TrueCar make?

TrueCar (NASDAQ:TRUE) has a market capitalization of $266.97 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.

How many employees does TrueCar have?

The company employs 428 workers across the globe.

How can I contact TrueCar?

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.

This page (NASDAQ:TRUE) was last updated on 1/29/2023 by MarketBeat.com Staff