Analyst Price Target is $4.88
▲ +27.62% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for TrueCar in the last 3 months. The average price target is $4.88, with a high forecast of $6.00 and a low forecast of $4.00. The average price target represents a 27.62% upside from the last price of $3.82.
Current Consensus is
Moderate Buy
The current consensus among 4 investment analysts is to moderate buy stock in TrueCar. This rating has held steady since October 2024, when it changed from a Buy consensus rating.
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 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; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. The company was incorporated in 2005 and is headquartered in Santa Monica, California.
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