TrueCar, Inc. (TRUE)
NASDAQ: TRUE · IEX Real-Time Price · USD
3.390
-0.050 (-1.45%)
At close: Mar 28, 2024, 4:00 PM
3.450
+0.060 (1.77%)
After-hours: Mar 28, 2024, 7:54 PM EDT
TrueCar Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for TrueCar stock have an average target of 3.75, with a low estimate of 3.00 and a high estimate of 4.50. The average target predicts an increase of 10.62% from the current stock price of 3.39.
Analyst Consensus: Buy
* Price targets were last updated on Feb 21, 2024.
Analyst Ratings
The average analyst rating for TrueCar stock from 3 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 1 | 1 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 3 | 3 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Needham | Needham | Strong Buy Reiterates $4.5 | Strong Buy | Reiterates | $4.5 | +32.74% | Feb 21, 2024 |
Needham | Needham | Strong Buy Maintains $3.5 → $4.5 | Strong Buy | Maintains | $3.5 → $4.5 | +32.74% | Dec 18, 2023 |
BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 27, 2023 |
B. Riley Securities | B. Riley Securities | Hold Initiates $3 | Hold | Initiates | $3 | -11.50% | Jul 20, 2023 |
Needham | Needham | Strong Buy Reiterates $3.5 | Strong Buy | Reiterates | $3.5 | +3.24% | Jun 15, 2023 |
Financial Forecast
Revenue This Year
186.80M
from 158.71M
Increased by 17.70%
Revenue Next Year
216.61M
from 186.80M
Increased by 15.96%
EPS This Year
-0.03
from -0.55
EPS Next Year
0.06
from -0.03
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 197.0M | 226.4M | 254.1M | 262.1M | 284.6M |
Avg | 186.8M | 216.6M | 246.8M | 254.6M | 276.4M |
Low | 174.9M | 199.3M | 237.2M | 244.6M | 265.6M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 24.1% | 21.2% | 17.3% | 6.2% | 11.8% |
Avg | 17.7% | 16.0% | 14.0% | 3.1% | 8.6% |
Low | 10.2% | 6.7% | 9.5% | -0.9% | 4.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 0.02 | 0.09 | 0.15 | 0.29 | 0.34 |
Avg | -0.03 | 0.06 | 0.14 | 0.29 | 0.33 |
Low | -0.10 | - | 0.14 | 0.27 | 0.31 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | - | 154.3% | 105.9% | 17.6% |
Avg | - | - | 147.0% | 100.0% | 14.3% |
Low | - | - | 137.4% | 92.2% | 9.8% |
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.