TrueCar, Inc. (TRUE)
NASDAQ: TRUE · Real-Time Price · USD
3.870
-0.050 (-1.28%)
Nov 21, 2024, 10:44 AM EST - Market open
TrueCar Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for TrueCar stock have an average target of 4.08, with a low estimate of 3.75 and a high estimate of 4.50. The average target predicts an increase of 5.43% from the current stock price of 3.87.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for TrueCar stock from 3 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Hold Maintains $3.3 → $4 | Hold | Maintains | $3.3 → $4 | +3.36% | Nov 11, 2024 |
| BTIG | BTIG | Strong Buy Maintains $3.75 → $4.5 | Strong Buy | Maintains | $3.75 → $4.5 | +16.28% | 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 | -3.10% | Aug 6, 2024 |
| Needham | Needham | Strong Buy Maintains $4.5 → $4 | Strong Buy | Maintains | $4.5 → $4 | +3.36% | Apr 30, 2024 |
Financial Forecast
Revenue This Year
179.74M
from 158.71M
Increased by 13.25%
Revenue Next Year
216.00M
from 179.74M
Increased by 20.17%
EPS This Year
-0.33
from -0.55
EPS Next Year
-0.12
from -0.33
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 186.9M | 231.0M | 277.2M | ||
| Avg | 179.7M | 216.0M | 253.6M | ||
| Low | 168.9M | 194.0M | 233.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.8% | 28.5% | 28.3% | ||
| Avg | 13.3% | 20.2% | 17.4% | ||
| Low | 6.4% | 7.9% | 8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.27 | -0.04 | 0.03 | ||
| Avg | -0.33 | -0.12 | -0.05 | ||
| Low | -0.36 | -0.21 | -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.