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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:TRUE

TrueCar Stock Forecast, Price & News

$2.62
+0.03 (+1.16%)
(As of 07/1/2022 03:59 PM ET)
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Compare
Today's Range
$2.54
$2.63
50-Day Range
$2.55
$3.80
52-Week Range
$2.51
$5.78
Volume
15,519 shs
Average Volume
690,228 shs
Market Capitalization
$245.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.31

TrueCar MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
64.6% Upside
$4.31 Price Target
Short Interest
Healthy
4.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.39mentions of TrueCar in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$34,841 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.63) to ($0.56) Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.52 out of 5 stars

Computer And Technology Sector

553rd out of 936 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

58th out of 94 stocks

30 days | 90 days | 365 days | Advanced Chart

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TrueCar 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.

TRUE Stock News Headlines

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TrueCar Releases Analysis of May Industry Sales
TrueCar (TRUE) Q1 2022 Earnings Call Transcript
See More Headlines

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:TRUE
Fax
N/A
Employees
428
Year Founded
N/A

Company Calendar

Last Earnings
5/09/2022
Today
7/04/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$4.31
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$3.50
Forecasted Upside/Downside
+64.6%
Consensus Rating
Hold
Rating Score (0-4)
2.16666666666667
Research Coverage
6 Analysts

Profitability

Net Income
$-38,330,000.00
Pretax Margin
-20.08%

Debt

Sales & Book Value

Annual Sales
$231.70 million
Book Value
$3.44 per share

Miscellaneous

Free Float
90,124,000
Market Cap
$245.20 million
Optionable
Optionable
Beta
1.09














TrueCar Frequently Asked Questions

Should I buy or sell TrueCar stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TrueCar in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TrueCar stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRUE, but not buy additional shares or sell existing shares.
View analyst ratings for TrueCar
or view top-rated stocks.

What is TrueCar's stock price forecast for 2022?

6 brokerages have issued 1-year target prices for TrueCar's shares. Their TRUE stock forecasts range from $3.50 to $6.00. On average, they expect TrueCar's share price to reach $4.31 in the next year. This suggests a possible upside of 64.6% from the stock's current price.
View analysts' price targets for TrueCar
or view top-rated stocks among Wall Street analysts.

How has TrueCar's stock price performed in 2022?

TrueCar's stock was trading at $3.40 at the start of the year. Since then, TRUE stock has decreased by 22.9% and is now trading at $2.62.
View the best growth stocks for 2022 here
.

When is TrueCar's next earnings date?

TrueCar is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for TrueCar
.

How were TrueCar's earnings last quarter?

TrueCar, Inc. (NASDAQ:TRUE) issued its earnings results on Monday, May, 9th. The technology company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.15) by $0.03. The technology company had revenue of $43.53 million for the quarter, compared to analysts' expectations of $42.46 million. TrueCar had a negative trailing twelve-month return on equity of 12.45% and a negative net margin of 20.14%.
View TrueCar's earnings history
.

Who are TrueCar's key executives?

TrueCar's management team includes the following people:
  • Mr. Michael D. Darrow, Pres, CEO & Director (Age 64, Pay $600.24k) (LinkedIn Profile)
  • Mr. Jantoon E. Reigersman, Exec. VP, COO & CFO (Age 40, Pay $454.88k)
  • Mr. Jeffrey J. Swart, Exec. VP, Sec. & Gen. Counsel (Age 54, Pay $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, Advisor (Age 68)
  • Mr. Paul Edmonds, Sr. VP of Dealer Marketing & Operations
  • Mr. David Green, Sr. VP of Major Accounts

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

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.

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 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 $2.62.

How much money does TrueCar make?

TrueCar (NASDAQ:TRUE) has a market capitalization of $245.20 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 ($0.43) on an earnings per share basis.

How many employees does TrueCar have?

TrueCar 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 TrueCar 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 7/4/2022 by MarketBeat.com Staff

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