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NASDAQ: TRUE
Truecar Inc Stock Forecast, Predictions & Price Target

Buy TRUE

Analyst price target for TRUE

Based on 4 analysts offering 12 month price targets for Truecar Inc.
Min Forecast
$3.25+98.17%
Avg Forecast
$4.25+159.15%
Max Forecast
$6.00+265.85%

Should I buy or sell TRUE stock?

Based on 5 analysts offering ratings for Truecar Inc.
Hold
Strong Buy
1 analysts 20%
Buy
0 analysts 0%
Hold
4 analysts 80%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TRUE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
DA Davidson
Bottom 2%
2
HoldMaintains$3.25+98.17%2022-05-11
Craig-Hallum
Bottom 7%
7
HoldDowngrades$3.50+113.41%2022-02-24
Benchmark
Top 10%
91
Strong BuyMaintains$6.00+265.85%2022-02-24
Northcoast Research
Bottom 37%
37
HoldInitiates Coverage OnN/AN/A2022-02-02
Truist Securities
Bottom 19%
19
HoldMaintains$4.25+159.15%2021-12-28

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Forecast return on equity

Is TRUE forecast to generate an efficient return?
Company
-4.72%
Industry
38.05%
Market
118.6%
TRUE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TRUE forecast to generate an efficient return on assets?
Company
-3.94%
Industry
27.27%
TRUE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TRUE earnings per share forecast

What is TRUE's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.55
Avg 2 year Forecast
-$0.50
Avg 3 year Forecast
-$0.29

TRUE revenue forecast

What is TRUE's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$168.7M-9.6%
Avg 2 year Forecast
$200.4M+7.37%
Avg 3 year Forecast
$246.8M+32.24%
TRUE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TRUE revenue growth forecast

How is TRUE forecast to perform vs Internet Content & Information companies and vs the US market?
Company
9.13%
Industry
4.26%
Market
8.46%
TRUE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TRUE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TRUE vs Internet Stocks

TickerPricePrice TargetUp/downsideConsensus
TRUE$1.64$4.25+159.15%Hold
APLD$1.59$8.60+440.88%Strong Buy
JFIN$2.40$12.00+399.79%Strong Buy
ATY$1.85$3.50+89.19%Buy
OB$3.66$11.50+214.21%Strong Buy

Truecar Stock Forecast FAQ

Is Truecar Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: TRUE) stock is to Hold TRUE stock.

Out of 5 analysts, 1 (20%) are recommending TRUE as a Strong Buy, 0 (0%) are recommending TRUE as a Buy, 4 (80%) are recommending TRUE as a Hold, 0 (0%) are recommending TRUE as a Sell, and 0 (0%) are recommending TRUE as a Strong Sell.

If you're new to stock investing, here's how to buy Truecar stock.

What is TRUE's earnings growth forecast for 2022-2024?

(NASDAQ: TRUE) Truecar's forecast annual earnings growth rate of N/A is not forecast to beat the US Internet Content & Information industry's average forecast earnings growth rate of 6.17%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.43%.

Truecar's earnings in 2022 is -$46,061,000.On average, 2 Wall Street analysts forecast TRUE's earnings for 2022 to be -$49,844,375, with the lowest TRUE earnings forecast at -$52,563,159, and the highest TRUE earnings forecast at -$46,219,329. On average, 2 Wall Street analysts forecast TRUE's earnings for 2023 to be -$45,313,068, with the lowest TRUE earnings forecast at -$52,563,159, and the highest TRUE earnings forecast at -$38,062,977.

In 2024, TRUE is forecast to generate -$26,281,579 in earnings, with the lowest earnings forecast at -$26,281,579 and the highest earnings forecast at -$26,281,579.

What is TRUE's revenue growth forecast for 2022-2024?

(NASDAQ: TRUE) Truecar's forecast annual revenue growth rate of 9.13% is forecast to beat the US Internet Content & Information industry's average forecast revenue growth rate of 4.26%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.46%.

Truecar's revenue in 2022 is $186,635,000.On average, 2 Wall Street analysts forecast TRUE's revenue for 2022 to be $15,290,894,797, with the lowest TRUE revenue forecast at $15,179,877,780, and the highest TRUE revenue forecast at $15,401,911,813. On average, 2 Wall Street analysts forecast TRUE's revenue for 2023 to be $18,160,571,393, with the lowest TRUE revenue forecast at $18,023,725,928, and the highest TRUE revenue forecast at $18,297,416,858.

In 2024, TRUE is forecast to generate $22,366,530,365 in revenue, with the lowest revenue forecast at $22,366,530,365 and the highest revenue forecast at $22,366,530,365.

What is TRUE's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: TRUE) forecast ROA is -3.94%, which is lower than the forecast US Internet Content & Information industry average of 27.27%.

What is TRUE's Price Target?

According to 4 Wall Street analysts that have issued a 1 year TRUE price target, the average TRUE price target is $4.25, with the highest TRUE stock price forecast at $6.00 and the lowest TRUE stock price forecast at $3.25.

On average, Wall Street analysts predict that Truecar's share price could reach $4.25 by May 11, 2023. The average Truecar stock price prediction forecasts a potential upside of 159.15% from the current TRUE share price of $1.64.

What is TRUE's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: TRUE) Truecar's current Earnings Per Share (EPS) is -$0.48. On average, analysts forecast that TRUE's EPS will be -$0.55 for 2022, with the lowest EPS forecast at -$0.58, and the highest EPS forecast at -$0.51. On average, analysts forecast that TRUE's EPS will be -$0.50 for 2023, with the lowest EPS forecast at -$0.58, and the highest EPS forecast at -$0.42. In 2024, TRUE's EPS is forecast to hit -$0.29 (min: -$0.29, max: -$0.29).

What is TRUE's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: TRUE) forecast ROE is -4.72%, which is considered weak.
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