TrueCar Inc has a consensus price target of $2.67, established from looking at the 18 latest analyst ratings. The last 3 analyst ratings were released from Needham, Needham, and Needham on April 30, 2024, February 21, 2024, and December 18, 2023. With an average price target of $4.33 between Needham, Needham, and Needham, there's an implied 43.96% upside for TrueCar Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
Buy Now | Get Alert | |||||||
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04/30/2024 | Buy Now | 32.89% | Needham | Chris Pierce | $4.5 → $4 | Maintains | Buy | Get Alert |
02/21/2024 | Buy Now | 49.5% | Needham | Chris Pierce | → $4.5 | Reiterates | Buy → Buy | Get Alert |
12/18/2023 | Buy Now | 49.5% | Needham | Chris Pierce | $3.5 → $4.5 | Maintains | Buy | Get Alert |
09/27/2023 | Buy Now | — | BTIG | Marvin Fong | — | Downgrade | Buy → Neutral | Get Alert |
07/20/2023 | Buy Now | -0.33% | B. Riley Securities | Lee Krowl | → $3 | Initiates | → Neutral | Get Alert |
06/15/2023 | Buy Now | 16.28% | Needham | Chris Pierce | → $3.5 | Reiterates | Buy → Buy | Get Alert |
05/10/2023 | Buy Now | 16.28% | Needham | Chris Pierce | → $3.5 | Reiterates | → Buy | Get Alert |
03/14/2023 | Buy Now | 16.28% | Needham | Chris Pierce | → $3.5 | Upgrade | Hold → Buy | Get Alert |
02/23/2023 | Buy Now | — | Needham | Chris Pierce | — | Reiterates | → Hold | Get Alert |
11/09/2022 | Buy Now | -0.33% | BTIG | Marvin Fong | → $3 | Upgrade | Neutral → Buy | Get Alert |
10/31/2022 | Buy Now | — | JP Morgan | Rajat Gupta | — | Upgrade | Underweight → Overweight | Get Alert |
05/11/2022 | Buy Now | 7.97% | DA Davidson | Tom White | $3.5 → $3.25 | Maintains | Neutral | Get Alert |
02/24/2022 | Buy Now | 99.34% | Benchmark | Daniel Kurnos | $7 → $6 | Maintains | Buy | Get Alert |
02/24/2022 | Buy Now | 16.28% | Craig-Hallum | Steve Dyer | $6 → $3.5 | Downgrade | Buy → Hold | Get Alert |
02/24/2022 | Buy Now | 16.28% | DA Davidson | Tom White | $3.85 → $3.5 | Maintains | Neutral | Get Alert |
02/02/2022 | Buy Now | — | Northcoast Research | David Hicks | — | Initiates | → Neutral | Get Alert |
12/28/2021 | Buy Now | 41.2% | Truist Securities | Naved Khan | $6 → $4.25 | Maintains | Hold | Get Alert |
08/19/2021 | Buy Now | 49.5% | DA Davidson | Tom White | — | Maintains | Neutral | Get Alert |
The latest price target for TrueCar (NASDAQ: TRUE) was reported by Needham on April 30, 2024. The analyst firm set a price target for $4.00 expecting TRUE to rise to within 12 months (a possible 32.89% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for TrueCar (NASDAQ: TRUE) was provided by Needham, and TrueCar maintained their buy rating.
The last upgrade for TrueCar Inc happened on March 14, 2023 when Needham raised their price target to $3.5. Needham previously had a hold for TrueCar Inc.
The last downgrade for TrueCar Inc happened on September 27, 2023 when BTIG changed their price target from N/A to N/A for TrueCar Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TrueCar, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for TrueCar was filed on April 30, 2024 so you should expect the next rating to be made available sometime around April 30, 2025.
While ratings are subjective and will change, the latest TrueCar (TRUE) rating was a maintained with a price target of $4.50 to $4.00. The current price TrueCar (TRUE) is trading at is $3.01, which is out of the analyst’s predicted range.
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