Truecar Inc [TRUE] stock prices are up 0.51% to $1.97 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TRUE shares have gain 5.35% over the last week, with a monthly amount glided 1.03%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Truecar Inc [NASDAQ: TRUE] stock has seen the most recent analyst activity on May 06, 2025, when Lake Street downgraded its rating to a Hold. Previously, JP Morgan downgraded its rating to Underweight on March 27, 2025. On February 21, 2025, downgrade downgraded it’s rating to Neutral. Lake Street started tracking the stock assigning a Buy rating and suggested a price target of $6 on October 07, 2024. BTIG Research upgraded its rating to a Buy but $3.75 remained the price target by the analyst firm on August 07, 2024. BTIG Research downgraded its rating to Neutral for this stock on September 27, 2023. In a note dated July 20, 2023, B. Riley Securities initiated a Neutral rating and provided a target price of $3 on this stock.
The stock price of Truecar Inc [TRUE] has been fluctuating between $1.05 and $4.62 over the past year. Currently, Wall Street analysts expect the stock to reach $1.5 within the next 12 months. Truecar Inc [NASDAQ: TRUE] shares were valued at $1.97 at the most recent close of the market. An investor can expect a potential drop of -23.86% based on the average TRUE price forecast.
Analyzing the TRUE fundamentals
The Truecar Inc [NASDAQ:TRUE] reported sales of 184.56M for trailing twelve months, representing a surge of 12.45%. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.25 and Total Capital is -0.3. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.9133 points at the first support level, and at 1.8567 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.0633, and for the 2nd resistance point, it is at 2.1567.
Ratios To Look Out For
It’s worth pointing out that Truecar Inc [NASDAQ:TRUE]’s Current Ratio is 4.51. Further, the Quick Ratio stands at 4.51, while the Cash Ratio is 3.53. Considering the valuation of this stock, the price to sales ratio is 0.94, the price to book ratio is 1.64.
