TrueCar, Inc. (TRUE)
NASDAQ: TRUE · Real-Time Price · USD
3.990
+0.130 (3.37%)
Nov 4, 2024, 2:22 PM EST - Market open
TrueCar Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for TrueCar stock have an average target of 4.13, with a low estimate of 3.75 and a high estimate of 4.50. The average target predicts an increase of 3.51% from the current stock price of 3.99.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for TrueCar stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BTIG | BTIG | Strong Buy Maintains $3.75 → $4.5 | Strong Buy | Maintains | $3.75 → $4.5 | +12.78% | Oct 22, 2024 |
| BTIG | BTIG | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Aug 7, 2024 |
| Needham | Needham | Strong Buy Maintains $4 → $3.75 | Strong Buy | Maintains | $4 → $3.75 | -6.02% | Aug 6, 2024 |
| Needham | Needham | Strong Buy Maintains $4.5 → $4 | Strong Buy | Maintains | $4.5 → $4 | +0.25% | Apr 30, 2024 |
| Needham | Needham | Strong Buy Reiterates $4.5 | Strong Buy | Reiterates | $4.5 | +12.78% | Feb 21, 2024 |
Financial Forecast
Revenue This Year
177.70M
from 158.71M
Increased by 11.97%
Revenue Next Year
210.39M
from 177.70M
Increased by 18.40%
EPS This Year
-0.28
from -0.55
EPS Next Year
-0.09
from -0.28
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 186.5M | 226.8M | 250.1M | ||
| Avg | 177.7M | 210.4M | 242.8M | ||
| Low | 167.8M | 187.7M | 233.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.5% | 27.6% | 18.9% | ||
| Avg | 12.0% | 18.4% | 15.4% | ||
| Low | 5.7% | 5.6% | 10.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.12 | - | 0.03 | ||
| Avg | -0.28 | -0.09 | -0.05 | ||
| Low | -0.34 | -0.19 | -0.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.