TrueCar, Inc. (TRUE)
NASDAQ: TRUE · Real-Time Price · USD
3.820
+0.050 (1.33%)
Dec 20, 2024, 4:00 PM EST - Market closed
TrueCar Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for TrueCar stock have an average target of 4.50, with a low estimate of 4.00 and a high estimate of 5.00. The average target predicts an increase of 17.80% from the current stock price of 3.82.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 2 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +30.89% | Nov 26, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $3.3 → $4 | Hold | Maintains | $3.3 → $4 | +4.71% | Nov 11, 2024 |
| BTIG | BTIG | Strong Buy Maintains $3.75 → $4.5 | Strong Buy | Maintains | $3.75 → $4.5 | +17.80% | 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 | -1.83% | Aug 6, 2024 |
Financial Forecast
Revenue This Year
180.42M
from 158.71M
Increased by 13.68%
Revenue Next Year
216.41M
from 180.42M
Increased by 19.95%
EPS This Year
-0.34
from -0.55
EPS Next Year
-0.17
from -0.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 186.9M | 231.0M | 277.2M | |||
| Avg | 180.4M | 216.4M | 253.2M | |||
| Low | 172.9M | 194.0M | 231.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.8% | 28.0% | 28.1% | |||
| Avg | 13.7% | 19.9% | 17.0% | |||
| Low | 8.9% | 7.5% | 7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.35 | -0.09 | - | |||
| Avg | -0.34 | -0.17 | -0.07 | |||
| Low | -0.34 | -0.23 | -0.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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.