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

OverviewForecast
EarningsDividendOwnership

Analyst price target for TRUE

Based on 1 analyst offering 12 month price targets for Truecar Inc.
Min Forecast
$4.00+32.89%
Avg Forecast
$4.00+32.89%
Max Forecast
$4.00+32.89%

Should I buy or sell TRUE stock?

Based on 1 analyst offering ratings for Truecar Inc.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TRUE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-30

1 of 1

Forecast return on equity

Is TRUE forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
34.27%

Forecast return on assets

Is TRUE forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

TRUE revenue forecast

What is TRUE's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$182.4M+12.05%
Avg 2 year Forecast
$212.9M+30.79%
Avg 3 year Forecast
$247.0M+51.74%
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
14.82%
Industry
8.21%
Market
9.95%
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 Content & Information Stocks

TickerPricePrice TargetUp/downsideConsensus
TRUE$3.01$4.00+32.89%Buy
CCG$1.70N/AN/A
OB$4.84$5.30+9.50%Hold
DOYU$10.83$0.60-94.46%Strong Sell
JFIN$6.84N/AN/A
View Top Internet Content & Information Stocks

Truecar Stock Forecast FAQ

Is Truecar Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: TRUE) stock is to Buy TRUE stock.

Out of 1 analyst, 0 (0%) are recommending TRUE as a Strong Buy, 1 (100%) are recommending TRUE as a Buy, 0 (0%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: TRUE) Truecar's forecast annual revenue growth rate of 14.82% is forecast to beat the US Internet Content & Information industry's average forecast revenue growth rate of 8.21%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Truecar's revenue in 2024 is $162,778,000.On average, 2 Wall Street analysts forecast TRUE's revenue for 2024 to be $16,718,893,714, with the lowest TRUE revenue forecast at $16,717,518,692, and the highest TRUE revenue forecast at $16,720,268,736. On average, 2 Wall Street analysts forecast TRUE's revenue for 2025 to be $19,516,605,347, with the lowest TRUE revenue forecast at $19,360,311,168, and the highest TRUE revenue forecast at $19,672,899,525.

In 2026, TRUE is forecast to generate $22,642,030,580 in revenue, with the lowest revenue forecast at $21,908,685,460 and the highest revenue forecast at $23,375,375,700.

What is TRUE's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: TRUE) forecast ROA is N/A, which is lower than the forecast US Internet Content & Information industry average of N/A.

What is TRUE's Price Target?

According to 1 Wall Street analyst that have issued a 1 year TRUE price target, the average TRUE price target is $4.00, with the highest TRUE stock price forecast at $4.00 and the lowest TRUE stock price forecast at $4.00.

The Wall Street analyst predicted that Truecar's share price could reach $4.00 by Apr 30, 2025. The average Truecar stock price prediction forecasts a potential upside of 32.89% from the current TRUE share price of $3.01.

What is TRUE's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: TRUE) forecast ROE is N/A, which is considered weak.
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