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$1.61
0.053.21%
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$1.60
-0.01-0.62%
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TrueCar Analyst Ratings and Price Targets | NASDAQ:TRUE | Benzinga
TrueCar Inc has a consensus price target of $3.75 based on the ratings of 6 analysts. The high is $6 issued by Lake Street on October 7, 2024. The low is $1.5 issued by Lake Street on May 6, 2025. The 3 most-recent analyst ratings were released by Lake Street, Needham, and Needham on May 6, 2025, May 6, 2025, and February 19, 2025, respectively. With an average price target of $2.75 between Lake Street, Needham, and Needham, there's an implied 71.87% upside for TrueCar Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Lake Street
Needham
B. Riley Securities
BTIG
Lake Street
1calculated from analyst ratings
Analyst Ratings for TrueCar
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/06/2025 | Buy Now | -6.25% | Lake Street | Ryan Meyers34% | $5 → $1.5 | Downgrade | Buy → Hold | Get Alert |
| 05/06/2025 | Buy Now | 71.87% | Needham | Chris Pierce48% | $4 → $2.75 | Maintains | Buy | Get Alert |
| 03/27/2025 | Buy Now | — | JP Morgan | Rajat Gupta76% | — | Downgrade | Neutral → Underweight | Get Alert |
| 02/21/2025 | Buy Now | — | JP Morgan | Rajat Gupta76% | — | Downgrade | Overweight → Neutral | Get Alert |
| 02/19/2025 | Buy Now | 150% | Needham | Chris Pierce48% | $5 → $4 | Maintains | Buy | Get Alert |
| 01/15/2025 | Buy Now | 212.5% | Needham | Chris Pierce48% | $5 → $5 | Reiterates | Buy → Buy | Get Alert |
| 11/26/2024 | Buy Now | 212.5% | Needham | Chris Pierce48% | $5 → $5 | Reiterates | Buy → Buy | Get Alert |
| 11/11/2024 | Buy Now | 150% | B. Riley Securities | Lee Krowl79% | $3.3 → $4 | Maintains | Neutral | Get Alert |
| 10/22/2024 | Buy Now | 181.25% | BTIG | Marvin Fong69% | $3.75 → $4.5 | Maintains | Buy | Get Alert |
| 10/07/2024 | Buy Now | 275% | Lake Street | — | → $6 | Initiates | → Buy | Get Alert |
| 08/07/2024 | Buy Now | — | BTIG | Marvin Fong69% | — | Upgrade | Neutral → Buy | Get Alert |
| 08/06/2024 | Buy Now | 134.37% | Needham | Chris Pierce48% | $4 → $3.75 | Maintains | Buy | Get Alert |
| 04/30/2024 | Buy Now | 150% | Needham | Chris Pierce48% | $4.5 → $4 | Maintains | Buy | Get Alert |
| 02/21/2024 | Buy Now | 181.25% | Needham | Chris Pierce48% | $4.5 → $4.5 | Reiterates | Buy → Buy | Get Alert |
| 12/18/2023 | Buy Now | 181.25% | Needham | Chris Pierce48% | $3.5 → $4.5 | Maintains | Buy | Get Alert |
| 09/27/2023 | Buy Now | — | BTIG | Marvin Fong69% | — | Downgrade | Buy → Neutral | Get Alert |
| 07/20/2023 | Buy Now | 87.5% | B. Riley Securities | Lee Krowl79% | → $3 | Initiates | → Neutral | Get Alert |
| 06/15/2023 | Buy Now | 118.75% | Needham | Chris Pierce48% | → $3.5 | Reiterates | Buy → Buy | Get Alert |
| 05/10/2023 | Buy Now | 118.75% | Needham | Chris Pierce48% | → $3.5 | Reiterates | → Buy | Get Alert |
| 03/14/2023 | Buy Now | 118.75% | Needham | Chris Pierce48% | → $3.5 | Upgrade | Hold → Buy | Get Alert |
| 02/23/2023 | Buy Now | — | Needham | Chris Pierce48% | — | Reiterates | → Hold | Get Alert |
| 11/09/2022 | Buy Now | 87.5% | BTIG | Marvin Fong69% | → $3 | Upgrade | Neutral → Buy | Get Alert |
| 10/31/2022 | Buy Now | — | JP Morgan | Rajat Gupta76% | — | Upgrade | Underweight → Overweight | Get Alert |
FAQ
What is the target price for TrueCar (TRUE) stock?
The latest price target for TrueCar (NASDAQ:TRUE) was reported by Lake Street on May 6, 2025. The analyst firm set a price target for $1.50 expecting TRUE to fall to within 12 months (a possible -6.25% downside). 12 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for TrueCar (TRUE)?
The latest analyst rating for TrueCar (NASDAQ:TRUE) was provided by Lake Street, and TrueCar downgraded their hold rating.
When was the last upgrade for TrueCar (TRUE)?
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.
When was the last downgrade for TrueCar (TRUE)?
The last downgrade for TrueCar Inc happened on May 6, 2025 when Lake Street changed their price target from $5 to $1.5 for TrueCar Inc.
When is the next analyst rating going to be posted or updated for TrueCar (TRUE)?
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 May 6, 2025 so you should expect the next rating to be made available sometime around May 6, 2026.
Is the Analyst Rating TrueCar (TRUE) correct?
While ratings are subjective and will change, the latest TrueCar (TRUE) rating was a downgraded with a price target of $5.00 to $1.50. The current price TrueCar (TRUE) is trading at is $1.60, which is out of the analyst’s predicted range.
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