TrueCar, Inc. (TRUE)

NASDAQ: TRUE · IEX Real-Time Price · USD
2.910
+0.080 (2.83%)
At close: Apr 19, 2024, 4:00 PM
3.010
+0.100 (3.44%)
After-hours: Apr 19, 2024, 5:46 PM EDT
2.83%
Market Cap 266.48M
Revenue (ttm) 158.71M
Net Income (ttm) -49.77M
Shares Out 91.57M
EPS (ttm) -0.55
PE Ratio n/a
Forward PE 285.29
Dividend n/a
Ex-Dividend Date n/a
Volume 189,921
Open 2.800
Previous Close 2.830
Day's Range 2.800 - 2.920
52-Week Range 1.760 - 4.050
Beta 1.66
Analysts Buy
Price Target 3.75 (+28.87%)
Earnings Date Apr 29, 2024

About TRUE

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 le... [Read more]

IPO Date May 16, 2014
Employees 324
Stock Exchange NASDAQ
Ticker Symbol TRUE
Full Company Profile

Financial Performance

In 2023, TrueCar's revenue was $158.71 million, a decrease of -1.74% compared to the previous year's $161.52 million. Losses were -$49.77 million, -58.07% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for TRUE stock is "Buy." The 12-month stock price forecast is $3.75, which is an increase of 28.87% from the latest price.

Price Target
$3.75
(28.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TrueCar to Announce First Quarter 2024 Financial Results in Stockholder Letter on April 29

Live call and webcast will occur on April 30 at 9:00 a.m. ET SANTA MONICA, Calif.

3 days ago - PRNewsWire

Diego Rodriguez Nominated to Stand for Election to TrueCar's Board of Directors at May 23, 2024 Annual Meeting

SANTA MONICA, Calif. , April 8, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today an...

11 days ago - PRNewsWire

TrueCar Releases Fourth Quarter 2023 Financial Results and Stockholder Letter

Live call and webcast will occur on February 21 at 9:00 a.m. ET SANTA MONICA, Calif.

2 months ago - PRNewsWire

TrueCar to Announce Fourth Quarter 2023 Financial Results in Stockholder Letter on February 20

Live call and webcast will occur on February 21 at 9:00 a.m. ET SANTA MONICA, Calif.

2 months ago - PRNewsWire

TrueCar Marketing Solutions Helps Dealers Conquest New Customers, Drive Service Revenue, and More

TrueCar drives purchase-ready customers to dealerships through customized broad and targeted marketing tactics NADA attendees can win $100K in free marketing spend and TrueCar Marketing Solutions serv...

2 months ago - PRNewsWire

TrueCar Awards Army Veteran with Brand New Vehicle Through DrivenToDrive Initiative

In partnership with DAV (Disabled American Veterans) and AutoNation, TrueCar recognizes veteran for continued service to community  SANTA MONICA, Calif. , Nov. 9, 2023 /PRNewswire/ -- TrueCar , Inc. (...

5 months ago - PRNewsWire

TrueCar Releases Third Quarter 2023 Financial Results and Stockholder Letter

Live call and webcast will occur on November 7 at 9:00 a.m. ET SANTA MONICA, Calif.

5 months ago - PRNewsWire

TrueCar Announces New Partnership with Car and Driver Allowing Millions of Users to Shop for Vehicles on CarandDriver.com

SANTA MONICA, Calif. , Oct. 26, 2023 /PRNewswire/ -- TrueCar , Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, has ann...

6 months ago - PRNewsWire

TrueCar to Announce Third Quarter 2023 Financial Results in Stockholder Letter on November 6

Live call and webcast will occur on November 7 at 9:00 a.m. ET SANTA MONICA, Calif.

6 months ago - PRNewsWire

Costco share fall following results, while Cardiff Oncology and MillerKnoll shares soar, and more moving stocks

Cardiff Oncology Inc. CRDF, +0.62% shares surged 32% on favorable data from two cancer drug trials — metastatic pancreatic ductal adenocarcinoma and small cell lung cancer treatment.

Other symbols: COSTCRDFMLKNMORFPRGS
7 months ago - Market Watch

TrueCar stock down 4% after online car platform gets new CFO

Shares of TrueCar Inc. TRUE, -0.88% fell 4% in the extended session Tuesday after the online car platform named Oliver Foley as its new chief financial officer, replacing Teresa Luong. Foley will star...

7 months ago - Market Watch

TrueCar Announces New Leadership Appointments

SANTA MONICA, Calif. , Sept. 26, 2023 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today a...

7 months ago - PRNewsWire

TrueCar Releases Second Quarter 2023 Financial Results and Stockholder Letter

Live call and webcast will occur on August 1 at 9:00 a.m. ET SANTA MONICA, Calif.

9 months ago - PRNewsWire

TrueCar to Announce Second Quarter 2023 Financial Results in Stockholder Letter on July 31

Live call and webcast will occur on August 1 at 9:00 a.m. ET SANTA MONICA, Calif.

9 months ago - PRNewsWire

Lennar's stock rises after builder boosts guidance, TrueCar shares soar on layoff plan, and other stocks on the move

Lennar Corp. shares LEN were rising 4% in morning trading after the homebuilder reported results that topped Wall Street expectations and hiked its delivery forecast for the year.

Other symbols: LEN
11 months ago - Market Watch

TrueCar Is Restructuring and Changing Management as Losses Continue

TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector.  In an...

11 months ago - PYMNTS

Automotive digital marketplace TrueCar slashes 24% of headcount

TrueCar said on Wednesday it was laying off 24% of its workforce as part of restructuring that would result in $20 million of annualized expense reduction for the automotive digital marketplace.

11 months ago - Reuters

TrueCar lays off 102 employees, taps new CEO amid restructure

TrueCar, a platform where people can research new and used car prices and find local dealer savings, is laying off 24% of staff due to a restructure, the company said Wednesday. About 102 people will ...

11 months ago - TechCrunch

TrueCar stock jumps 8% after layoffs, new CEO news

Shares of TrueCar Inc. TRUE rallied more than 8% in the aftermarket Wednesday after the car-pricing platform announced a restructuring, which includes laying off 24% of its workforce, and a new chief ...

11 months ago - Market Watch

TRUECAR ANNOUNCES STRATEGIC RESTRUCTURING AND LEADERSHIP TRANSITION

Restructuring Expected to Streamline Organization and Reduce Annualized Expenses by Over $20 Million Jantoon Reigersman Appointed President and Chief Executive Officer Michael Darrow to Depart from Co...

11 months ago - PRNewsWire

TrueCar Releases Analysis of May Industry Sales

May sales on pace for 23 month high SANTA MONICA, Calif. , May 30, 2023 /PRNewswire/ -- TrueCar, Inc.

11 months ago - PRNewsWire

TrueCar's DrivenToDrive Program Continues Tradition of Honoring Gold Star Families by Awarding Daughter with Brand New Vehicle

In partnership with AutoNation and wear blue: run to remember, the latest award is the ninth vehicle giveaway through the program SANTA MONICA, Calif. , May 23, 2023 /PRNewswire/ --  TrueCar , Inc. (N...

11 months ago - PRNewsWire

TrueCar to Participate in Upcoming Investor Conference

SANTA MONICA, Calif. , May 12, 2023 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today ann...

1 year ago - PRNewsWire

TrueCar Releases First Quarter 2023 Financial Results and Stockholder Letter

Live call and webcast will occur on May 9 at 9:00 a.m. ET SANTA MONICA, Calif.

1 year ago - PRNewsWire

TrueCar Releases Analysis of April Industry Sales

Average APRs stabilizing for new and used vehicles SANTA MONICA, Calif. , April 26, 2023 /PRNewswire/ -- TrueCar, Inc.

1 year ago - PRNewsWire