TrueCar (TRUE) to Release Earnings on Monday

TrueCar (NASDAQ:TRUE) is expected to announce its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $44.26 million for the quarter.

TrueCar (NASDAQ:TRUE) last announced its quarterly earnings results on Tuesday, February 18th. The technology company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.01). TrueCar had a negative return on equity of 17.54% and a negative net margin of 17.68%. The company had revenue of $46.21 million for the quarter, compared to analyst estimates of $47.30 million. On average, analysts expect TrueCar to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TrueCar Price Performance

NASDAQ TRUE opened at $1.56 on Monday. The company has a fifty day moving average of $1.79 and a two-hundred day moving average of $3.10. TrueCar has a 1 year low of $1.25 and a 1 year high of $4.62. The company has a market capitalization of $136.52 million, a PE ratio of -4.59 and a beta of 1.97.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. downgraded TrueCar from a “neutral” rating to an “underweight” rating in a research note on Thursday, March 27th. Needham & Company LLC cut their target price on shares of TrueCar from $5.00 to $4.00 and set a “buy” rating on the stock in a report on Wednesday, February 19th. StockNews.com cut shares of TrueCar from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 28th. Finally, Citigroup lowered shares of TrueCar to an “underweight” rating in a research note on Thursday, March 27th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $4.63.

TrueCar Company Profile

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.