NASDAQ:TRUE - TrueCar Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $5.05
  • Forecasted Upside: 6.32 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$4.75
▲ +0.13 (2.81%)
1 month | 3 months | 12 months
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Analyst Price Target for TRUE

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$5.05
▲ +6.32% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for TrueCar in the last 3 months. The average price target is $5.05, with a high forecast of $10.00 and a low forecast of $3.25. The average price target represents a 6.32% upside from the last price of $4.75.
Buy
The current consensus among 8 contributing investment analysts is to buy stock in TrueCar. This rating has held steady since July 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 7 hold ratings
  • 1 sell ratings
7/30/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 7 hold ratings
  • 1 sell ratings
10/28/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 1 sell ratings
1/26/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
4/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/24/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/22/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/21/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/11/2020TruistLower Price Target$6.00 ➝ $4.50Low
i
11/9/2020Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellLower Price Target$5.50 ➝ $4.50Low
i
11/9/2020Smith Barney CitigroupLower Price Target$5.50 ➝ $4.50Low
i
11/9/2020JMP SecuritiesUpgradeMarket Perform ➝ Outperform$6.00Low
i
8/10/2020DA DavidsonBoost Price TargetNeutral$3.00 ➝ $5.25Low
i
Rating by T. White at DA Davidson
8/7/2020Needham & Company LLCInitiated CoverageHoldLow
i
Rating by Brad Erickson at Needham & Company LLC
8/7/2020Craig HallumUpgradeHold ➝ Buy$4.00 ➝ $10.00High
i
6/19/2020B. RileyInitiated CoverageBuy$5.00Medium
i
Rating by Lee Krowl at B. Riley
6/10/2020B. RileyUpgradeNeutral ➝ Buy$3.00 ➝ $5.00High
i
Rating by L. Krowl at B. Riley
5/11/2020CitigroupBoost Price TargetNeutral$3.00 ➝ $3.25Low
i
5/8/2020Needham & Company LLCReiterated RatingHoldHigh
i
5/6/2020B. RileyLower Price TargetNeutral$3.50 ➝ $3.00High
i
3/29/2020Royal Bank of CanadaReiterated RatingHold$3.50Low
i
2/21/2020DA DavidsonReiterated RatingNeutralMedium
i
Rating by T. White at DA Davidson
2/21/2020Craig HallumLower Price TargetHold$5.00 ➝ $4.00Low
i
2/21/2020Royal Bank of CanadaLower Price TargetSector Perform$5.00 ➝ $3.50High
i
2/21/2020StephensLower Price TargetOverweight$8.00 ➝ $4.00High
i
2/21/2020B. RileyLower Price TargetNeutral$4.50 ➝ $3.50High
i
2/14/2020JMP SecuritiesReiterated RatingHoldLow
i
Rating by Andrew Boone at JMP Securities
9/12/2019Needham & Company LLCInitiated CoverageHoldMedium
i
8/9/2019CowenSet Price TargetHold$5.00Low
i
Rating by Thomas Champion at Cowen Inc
8/9/2019CitigroupLower Price TargetNeutral$7.00 ➝ $4.50High
i
5/20/2019CowenInitiated CoverageHold$7.00Low
i
Rating by Thomas Champion at Cowen Inc
5/14/2019SunTrust BanksReiterated RatingHold$8.00Low
i
5/6/2019SunTrust BanksReiterated RatingHold$9.00Low
i
3/25/2019BenchmarkDowngradeBuy ➝ Hold$11.00Medium
i
3/18/2019The Goldman Sachs GroupReiterated RatingSell ➝ Sell$7.00 ➝ $6.00Low
i
2/15/2019Craig HallumDowngradeBuy ➝ Hold$10.00High
i
2/15/2019BenchmarkLower Price TargetBuy$16.00 ➝ $11.00High
i
2/15/2019B. RileyReiterated RatingBuy ➝ Neutral$16.50 ➝ $9.50High
i
Rating by S. Sinha at B. Riley
2/15/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$12.00 ➝ $9.00High
i
12/21/2018BTIG ResearchDowngradeBuy ➝ Neutral$9.05High
i
Rating by Marvin Fong at BTIG Research
12/17/2018SunTrust BanksInitiated CoverageHold ➝ HoldHigh
i
12/7/2018CitigroupInitiated CoverageNeutral ➝ Neutral$11.50High
i
11/13/2018BTIG ResearchInitiated CoverageBuy$13.00Low
i
Rating by Marvin Fong at BTIG Research
11/7/2018BenchmarkLower Price TargetBuy$18.00 ➝ $16.00High
i
11/7/2018B. RileyLower Price TargetBuy$18.00 ➝ $16.50High
i
8/13/2018DA DavidsonSet Price TargetNeutral ➝ Hold$13.00High
i
Rating by T. White at DA Davidson
6/7/2018The Goldman Sachs GroupDowngradeNeutral ➝ Sell$11.00 ➝ $9.00High
i
5/3/2018BenchmarkReiterated RatingBuy$18.00Low
i
4/4/2018DA DavidsonInitiated CoverageNeutral$9.75Medium
i
Rating by T. White at DA Davidson
3/22/2018BenchmarkInitiated CoverageBuy ➝ Buy$18.00Medium
i
3/22/2018JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
i
2/16/2018StephensSet Price TargetBuy$18.00Medium
i
Rating by Kyle Evans at Stephens
1/24/2018B. RileyReiterated RatingBuy$18.00Low
i
11/7/2017B. RileyReiterated RatingBuy ➝ Buy$21.00 ➝ $18.00N/A
i
11/7/2017Royal Bank of CanadaLower Price TargetOutperform ➝ Outperform$23.00 ➝ $18.00N/A
i
10/31/2017B. RileyReiterated RatingBuy$21.00 ➝ $18.00N/A
i
10/11/2017The Goldman Sachs GroupReiterated RatingNeutral$17.00N/A
i
10/2/2017B. RileyReiterated RatingBuy$21.00Low
i
10/2/2017Morgan StanleyUpgradeUnderweight ➝ Equal Weight$13.00Medium
i
8/26/2017B. RileyReiterated RatingBuy$21.00Medium
i
8/21/2017B. RileyReiterated RatingBuy$21.00Low
i
8/17/2017CowenReiterated RatingHold$15.00Low
i
8/14/2017B. RileyReiterated RatingBuy$21.00Low
i
8/10/2017Royal Bank of CanadaReiterated RatingOutperform$22.00 ➝ $23.00High
i
8/9/2017B. RileyReiterated RatingBuy$21.00High
i
8/4/2017Royal Bank of CanadaReiterated RatingBuy$22.00Medium
i
7/20/2017Morgan StanleyReiterated RatingUnderweight$12.00 ➝ $13.00Medium
i
6/25/2017B. RileyReiterated RatingBuy$21.50Low
i
6/20/2017B. RileyReiterated RatingBuy$21.50Medium
i
5/12/2017B. RileyReiterated RatingBuy$21.50Low
i
5/10/2017Craig HallumBoost Price TargetBuy ➝ Buy$20.00 ➝ $23.00High
i
5/10/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$19.00 ➝ $22.00High
i
5/7/2017B. RileyReiterated RatingBuy$21.50Low
i
5/2/2017B. RileyReiterated RatingBuy$21.50Low
i
4/25/2017CowenBoost Price TargetMarket Perform$13.00 ➝ $15.00High
i
4/21/2017Royal Bank of CanadaReiterated RatingBuy$19.00High
i
3/28/2017Loop CapitalReiterated RatingBuy$18.00Low
i
3/27/2017CitigroupInitiated CoverageBuy$18.00Medium
i
3/11/2017B. RileyReiterated RatingBuy$16.50N/A
i
Rating by S. Sinha at B. Riley
3/6/2017B. RileyReiterated RatingBuy$16.50N/A
i
Rating by S. Sinha at B. Riley
2/23/2017B. RileyReiterated RatingBuy$16.50N/A
i
Rating by S. Sinha at B. Riley
2/21/2017Loop CapitalReiterated RatingBuy$18.00N/A
i
2/18/2017B. RileyReiterated RatingBuy$16.50N/A
i
Rating by S. Sinha at B. Riley
2/15/2017Royal Bank of CanadaReiterated RatingBuy$17.00 ➝ $19.00N/A
i
2/14/2017CowenBoost Price TargetMarket Perform$8.00 ➝ $10.00N/A
i
2/13/2017B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
2/6/2017Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$12.00 ➝ $17.00N/A
i
2/4/2017B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
1/30/2017B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
1/18/2017B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
1/13/2017B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
1/9/2017JMP SecuritiesUpgradeMarket Perform ➝ Outperform$17.00N/A
i
Rating by Ronald Josey at JMP Securities
12/24/2016B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
12/19/2016B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
12/13/2016B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
12/8/2016B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
12/8/2016Loop CapitalReiterated RatingBuy$12.00 ➝ $15.00N/A
i
11/11/2016JPMorgan Chase & Co.Reiterated RatingNeutral ➝ HoldN/A
i
11/9/2016B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
11/7/2016Royal Bank of CanadaReiterated RatingSector Perform$10.00 ➝ $12.00N/A
i
11/6/2016JMP SecuritiesReiterated RatingHoldN/A
i
Rating by Ronald Josey at JMP Securities
11/4/2016B. RileyReiterated RatingBuy$14.50N/A
i
Rating by S. Sinha at B. Riley
11/4/2016StephensUpgradeEqual Weight ➝ OverweightN/A
i
11/4/2016Craig HallumUpgradeHold ➝ Buy$11.00 ➝ $14.00N/A
i
Rating by S. Dyer at Craig Hallum
11/4/2016Loop CapitalUpgradeHold ➝ Buy$11.00 ➝ $12.00N/A
i
10/29/2016B. RileyReiterated RatingBuy$14.00N/A
i
Rating by S. Sinha at B. Riley
10/24/2016B. RileyUpgradeNeutral ➝ Buy$14.00N/A
i
Rating by S. Sinha at B. Riley
9/12/2016Morgan StanleyDowngradeEqual Weight ➝ Underweight$5.00 ➝ $6.40N/A
i
Rating by Dean Prissman at Morgan Stanley
9/4/2016B. RileyUpgradeNeutral$9.50N/A
i
8/30/2016B. RileyUpgradeSell ➝ Neutral$5.00 ➝ $9.50N/A
i
Rating by S. Sinha at B. Riley
8/10/2016B. RileyReiterated RatingSell$5.00N/A
i
Rating by Sameet Sinha at B. Riley
8/10/2016Loop CapitalInitiated CoverageHold$11.00N/A
i
8/8/2016Royal Bank of CanadaReiterated RatingSector Perform$6.00 ➝ $10.00N/A
i
8/5/2016B. RileyReiterated RatingSell$5.00N/A
i
Rating by Sameet Sinha at B. Riley
8/5/2016Craig HallumReiterated RatingHoldN/A
i
Rating by S. Dyer at Craig Hallum
8/5/2016JPMorgan Chase & Co.Reiterated RatingHold$6.00N/A
i
Rating by Doug Anmuth at JPMorgan Chase & Co.
7/18/2016B. RileyReiterated RatingSell$3.50N/A
i
Rating by Sameet Sinha at B. Riley
6/6/2016JMP SecuritiesReiterated RatingHoldN/A
i
Rating by Ronald Josey at JMP Securities
5/12/2016B. RileyReiterated RatingSell$3.50N/A
i
Rating by Sameet Sinha at B. Riley
5/9/2016CowenReiterated RatingMarket Perform$4.00 ➝ $5.00N/A
i
Rating by John Blackledge at Cowen Inc
5/8/2016Morgan StanleyReiterated RatingHoldN/A
i
Rating by Dean Prissman at Morgan Stanley
5/6/2016B. RileyReiterated RatingSell$3.50N/A
i
Rating by Sameet Sinha at B. Riley
5/6/2016Royal Bank of CanadaReiterated RatingHold$6.00N/A
i
Rating by Mark Mahaney at Royal Bank of Canada
4/8/2016B. RileyReiterated RatingSell$3.50N/A
i
Rating by Sameet Sinha at B. Riley
4/4/2016Topeka Capital MarketsInitiated CoverageHold$6.00N/A
i
4/3/2016B. RileyReiterated RatingSell$3.50N/A
i
Rating by Sameet Sinha at B. Riley
3/29/2016B. RileyReiterated RatingSell$3.50N/A
i
Rating by Sameet Sinha at B. Riley
3/3/2016B. RileyReiterated RatingSell$3.60N/A
i
Rating by Sameet Sinha at B. Riley
2/24/2016B. RileyReiterated RatingSell$3.50N/A
i
Rating by Sameet Sinha at B. Riley
2/20/2016CowenReiterated RatingHoldN/A
i
Rating by John Blackledge at Cowen Inc
2/20/2016JPMorgan Chase & Co.Reiterated RatingHoldN/A
i
Rating by Doug Anmuth at JPMorgan Chase & Co.
2/19/2016B. RileyLower Price TargetNeutral$4.00 ➝ $3.50N/A
i
2/19/2016B. RileyReiterated RatingNeutral$4.00 ➝ $3.50N/A
i
Rating by Sameet Sinha at B. Riley
2/19/2016JPMorgan Chase & Co.Lower Price TargetNeutral$10.00 ➝ $6.00N/A
i
2/19/2016CowenLower Price TargetMarket Perform$7.00 ➝ $4.00N/A
i
2/19/2016JMP SecuritiesDowngradeOutperform ➝ Market PerformN/A
i
2/19/2016Royal Bank of CanadaReiterated RatingSector Perform$10.00 ➝ $6.00N/A
i
(Data available from 1/20/2016 forward)
TrueCar logo
TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides geographically specific real-time pricing information for consumers and dealers; TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; DealerSync, a dealer website creation and management service and a software platform that assists dealers in managing, marketing, and growing their business; and DealerScience that provides dealers with advanced digital retailing software tools. Further, the company customizes and operates its platform for financial institutions, membership-based organizations, and large enterprises. The company was formerly known as Zag.com Inc. TrueCar, Inc. was founded in 2005 and is headquartered in Santa Monica, California.
Read More

Today's Range

Now: $4.75
$4.67
$4.81

50 Day Range

MA: $4.44
$4.01
$4.85

52 Week Range

Now: $4.75
$1.98
$6.47

Volume

520,689 shs

Average Volume

604,692 shs

Market Capitalization

$494.45 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.38

Frequently Asked Questions

What sell-side analysts currently cover shares of TrueCar?

The following Wall Street analysts have issued reports on TrueCar in the last twelve months: B. Riley, Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Craig Hallum, DA Davidson, JMP Securities, Needham & Company LLC, Royal Bank of Canada, Smith Barney Citigroup, Stephens, TheStreet, Truist, and Zacks Investment Research.

What is the current price target for TrueCar?

10 Wall Street analysts have set twelve-month price targets for TrueCar in the last year. Their average twelve-month price target is $5.05, suggesting a possible upside of 6.3%. Craig Hallum has the highest price target set, predicting TRUE will reach $10.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $3.25 for TrueCar in the next year.

What is the current consensus analyst rating for TrueCar?

TrueCar currently has 4 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TRUE will outperform the market and that investors should add to their positions of TrueCar.

What other companies compete with TrueCar?

How do I contact TrueCar's investor relations team?

TrueCar's physical mailing address is 120 BROADWAY SUITE 200, SANTA MONICA CA, 90401. The technology company's listed phone number is 800-200-2000 and its investor relations email address is investors@true.com. The official website for TrueCar is www.truecar.com.