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TrueCar

TRUENASDAQ
Logo brought to you by Benzinga Data
$3.97
0.051.28%
At close: -
$3.97
00.00%
After Hours: 4:01 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$6.00
Lowest Price Target1
$3.25
Consensus Price Target1
$4.41

TrueCar (NASDAQ:TRUE) Stock, Analyst Ratings, Price Targets, Forecasts

TrueCar Inc has a consensus price target of $4.41 based on the ratings of 10 analysts. The high is $6 issued by Lake Street on October 7, 2024. The low is $3.25 issued by DA Davidson on May 11, 2022. The 3 most-recent analyst ratings were released by B. Riley Securities, BTIG, and Lake Street on November 11, 2024, October 22, 2024, and October 7, 2024, respectively. With an average price target of $4.83 between B. Riley Securities, BTIG, and Lake Street, there's an implied 21.75% upside for TrueCar Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Aug
2
Oct
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B. Riley Securities
BTIG
Lake Street
Needham
DA Davidson

1calculated from analyst ratings

Analyst Ratings for TrueCar

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for TrueCar (TRUE) stock?

A

The latest price target for TrueCar (NASDAQ:TRUE) was reported by B. Riley Securities on November 11, 2024. The analyst firm set a price target for $4.00 expecting TRUE to rise to within 12 months (a possible 0.76% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for TrueCar (TRUE)?

A

The latest analyst rating for TrueCar (NASDAQ:TRUE) was provided by B. Riley Securities, and TrueCar maintained their neutral rating.

Q

When was the last upgrade for TrueCar (TRUE)?

A

The last upgrade for TrueCar Inc happened on August 7, 2024 when BTIG raised their price target to N/A. BTIG previously had a neutral for TrueCar Inc.

Q

When was the last downgrade for TrueCar (TRUE)?

A

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.

Q

When is the next analyst rating going to be posted or updated for TrueCar (TRUE)?

A

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 November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.

Q

Is the Analyst Rating TrueCar (TRUE) correct?

A

While ratings are subjective and will change, the latest TrueCar (TRUE) rating was a maintained with a price target of $3.30 to $4.00. The current price TrueCar (TRUE) is trading at is $3.97, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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