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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
Gas prices dip in NJ, around nation as cold weather returns
NASDAQ:TRUE

TrueCar - TRUE Stock Forecast, Price & News

$3.00
-0.15 (-4.76%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$2.96
$3.13
50-Day Range
$2.22
$3.23
52-Week Range
$1.30
$4.09
Volume
395,503 shs
Average Volume
373,277 shs
Market Capitalization
$264.33 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
10.4% Upside
$3.31 Price Target
Short Interest
Healthy
2.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of TrueCar in the last 14 days
Based on 2 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.

2.17 out of 5 stars

Computer And Technology Sector

262nd out of 610 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

27th out of 61 stocks

TRUE stock logo

About TrueCar (NASDAQ:TRUE) Stock

TrueCar, Inc. engages in the operation of data-driven online platform which provides dealers and automakers with automobile information. It provides pricing transparency about what other people paid for their cars. The firm's products include Used Cars for Sale, Sell My Car, Local Pricing, and Lease a Car. The company was founded by Thomas Taira, James Nguyen, Scott Painter and Bernard Brenner in February 2005 and is headquartered in Santa Monica, CA.

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TRUE Stock News Headlines

Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
5 Best SUVs Under $30,000 From 2022
TrueCar Releases Analysis of December Industry Sales
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
TrueCar Releases Analysis of November Industry Sales
TrueCar (TRUE) Reports Q3 Loss, Lags Revenue Estimates
TrueCar Releases Analysis of October Industry Sales
Limoneira Company Announces Change to Board of Directors
See More Headlines
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TRUE Company Calendar

Last Earnings
11/07/2022
Today
2/05/2023
Next Earnings (Estimated)
2/28/2023
Fiscal Year End
12/31/2023

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

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
+10.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
5 Analysts

Profitability

Net Income
$-38,330,000.00
Pretax Margin
-69.69%

Debt

Sales & Book Value

Annual Sales
$231.70 million
Book Value
$3.44 per share

Miscellaneous

Free Float
84,853,000
Market Cap
$264.33 million
Optionable
Optionable
Beta
1.38

Key Executives

  • Michael D DarrowMichael D Darrow
    President, Chief Executive Officer & Director
  • Jantoon E Reigersman
    Chief Financial & Operating Officer
  • Elias Rokos
    Chief Technology Officer
  • Jeffrey J. Swart
    Secretary, Executive VP & General Counsel
  • Stanley Windhorn
    Regional Manager & Director-Dealer Performance













TRUE Stock - Frequently Asked Questions

Should I buy or sell TrueCar stock right now?

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.

What is TrueCar's stock price forecast for 2023?

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.

How have TRUE shares performed in 2023?

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
.

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) 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%.

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."

Who are TrueCar's major shareholders?

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
.

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 $3.00.

How much money does TrueCar make?

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.

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 2/5/2023 by MarketBeat.com Staff