TrueCar Inc
NASDAQ:TRUE

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TrueCar Inc
NASDAQ:TRUE
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Price: 4.21 USD -1.64%
Market Cap: 366.1m USD
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Wall Street
Price Targets

TRUE Price Targets Summary
TrueCar Inc

Wall Street analysts forecast TRUE stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for TRUE is 4.85 USD with a low forecast of 4.04 USD and a high forecast of 6.3 USD.

Lowest
Price Target
4.04 USD
4% Downside
Average
Price Target
4.85 USD
15% Upside
Highest
Price Target
6.3 USD
50% Upside

TRUE Last Price Targets
TrueCar Inc

The latest public price target was made on Aug 6, 2024 by Marvin Fong from BTIG , who expects TRUE stock to drop by 11% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Marvin Fong
BTIG
3.75 USD
Downside 11%
4 months ago
Aug 6, 2024
TrueCar upgraded to Buy from Neutral at BTIG
TheFly
Chris Pierce
Needham
3.75 USD
Downside 11%
4 months ago
Aug 6, 2024
TrueCar (TRUE) PT Lowered to $3.75 at Needham
StreetInsider
Chris Pierce
Needham
3.5 USD
Downside 17%
1 year ago
Mar 14, 2023
TrueCar's Analyst Highlights New Vehicle Sales, Migration To Subscription Model As Growth Catalysts, Upgrades Stock
Benzinga
Marvin Fong
BTIG
Price Target 3.75 USD
Upside/Downside 11%
View Source
Chris Pierce
Needham
Price Target 3.75 USD
Upside/Downside 11%
View Source
Chris Pierce
Needham
Price Target 3.5 USD
Upside/Downside 17%
View Source
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Revenue
Forecast

Revenue Estimate
TrueCar Inc

For the last 8 years the compound annual growth rate for TrueCar Inc's revenue is -6%. The projected CAGR for the next 4 years is 15%.

-6%
Past Growth
15%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

Operating Income
Forecast

Operating Income Estimate
TrueCar Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
TrueCar Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is TRUE's stock price target?
Price Target
4.85 USD

According to Wall Street analysts, the average 1-year price target for TRUE is 4.85 USD with a low forecast of 4.04 USD and a high forecast of 6.3 USD.

What is TrueCar Inc's Revenue forecast?
Projected CAGR
15%

For the last 8 years the compound annual growth rate for TrueCar Inc's revenue is -6%. The projected CAGR for the next 4 years is 15%.

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