TrueCar, Inc. (TRUE)
NASDAQ: TRUE · Real-Time Price · USD
2.500
-0.170 (-6.37%)
Feb 21, 2025, 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 4.17, with a low estimate of 4.00 and a high estimate of 4.50. The average target predicts an increase of 66.80% from the current stock price of 2.50.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TrueCar stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 21, 2025 |
| Needham | Needham | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +60.00% | Feb 19, 2025 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +100.00% | Jan 15, 2025 |
| Needham | Needham | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +100.00% | Nov 26, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $3.3 → $4 | Hold | Maintains | $3.3 → $4 | +60.00% | Nov 11, 2024 |
Financial Forecast
Revenue This Year
180.32M
from 158.71M
Increased by 13.62%
Revenue Next Year
216.41M
from 180.32M
Increased by 20.01%
EPS This Year
-0.34
from -0.55
EPS Next Year
-0.13
from -0.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 186.9M | 231.0M | 277.2M | |||
| Avg | 180.3M | 216.4M | 253.2M | |||
| Low | 172.9M | 194.0M | 231.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.8% | 28.1% | 28.1% | |||
| Avg | 13.6% | 20.0% | 17.0% | |||
| Low | 8.9% | 7.6% | 7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.34 | -0.05 | - | |||
| Avg | -0.34 | -0.13 | -0.06 | |||
| Low | -0.34 | -0.18 | -0.09 |
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.