TrueCar Future Growth

Future criteria checks 1/6

TrueCar is forecast to grow earnings and revenue by 70.1% and 12.4% per annum respectively while EPS is expected to grow by 71.1% per annum.

Key information

70.1%

Earnings growth rate

71.1%

EPS growth rate

Interactive Media and Services earnings growth	13.0%
Revenue growth rate	12.4%
Future return on equity	n/a
Analyst coverage	Low
Last updated	01 May 2024

Recent future growth updates

Recent updates

We're Hopeful That TrueCar (NASDAQ:TRUE) Will Use Its Cash Wisely

May 01

TrueCar, Inc.'s (NASDAQ:TRUE) Intrinsic Value Is Potentially 39% Above Its Share Price

Jan 25

An Intrinsic Calculation For TrueCar, Inc. (NASDAQ:TRUE) Suggests It's 39% Undervalued

May 31

TrueCar, Inc.'s (NASDAQ:TRUE) Path To Profitability

May 08

TrueCar defended at Benchmark amid post-earnings stumble

May 07

Don't Ignore The Fact That This Insider Just Sold Some Shares In TrueCar, Inc. (NASDAQ:TRUE)

Mar 21

Need To Know: TrueCar, Inc. (NASDAQ:TRUE) Insiders Have Been Buying Shares

Mar 04

Earnings and Revenue Growth Forecasts

NasdaqGS:TRUE - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	239	-8	7	N/A	2
12/31/2025	210	-8	3	N/A	5
12/31/2024	181	-18	-5	N/A	5
3/31/2024	163	-36	N/A	N/A	N/A
12/31/2023	159	-50	-34	-22	N/A
9/30/2023	154	-66	-38	-26	N/A
6/30/2023	152	-135	-51	-38	N/A
3/31/2023	155	-126	-46	-34	N/A
12/31/2022	162	-119	-41	-29	N/A
9/30/2022	171	-116	-33	-22	N/A
6/30/2022	187	-46	-26	-14	N/A
3/31/2022	210	-42	-10	1	N/A
12/31/2021	232	-38	4	14	N/A
9/30/2021	250	-30	21	31	N/A
6/30/2021	272	-14	42	52	N/A
3/31/2021	265	-18	29	39	N/A
12/31/2020	279	-20	29	39	N/A
9/30/2020	300	-22	26	37	N/A
6/30/2020	308	-40	4	15	N/A
3/31/2020	328	-54	8	18	N/A
12/31/2019	335	-58	10	20	N/A
9/30/2019	341	-55	5	16	N/A
6/30/2019	349	-52	11	23	N/A
3/31/2019	358	-34	14	29	N/A
12/31/2018	335	-32	9	25	N/A
9/30/2018	346	-30	3	21	N/A
6/30/2018	334	-34	-1	18	N/A
3/31/2018	328	-35	1	21	N/A
12/31/2017	323	-33	N/A	22	N/A
9/30/2017	314	-32	N/A	22	N/A
6/30/2017	307	-30	N/A	18	N/A
3/31/2017	291	-37	N/A	8	N/A
12/31/2016	278	-42	N/A	3	N/A
9/30/2016	267	-61	N/A	-4	N/A
6/30/2016	264	-65	N/A	-1	N/A
3/31/2016	263	-65	N/A	-9	N/A
12/31/2015	260	-65	N/A	-11	N/A
9/30/2015	252	-47	N/A	-2	N/A
6/30/2015	236	-50	N/A	-3	N/A
3/31/2015	221	-50	N/A	2	N/A
12/31/2014	207	-48	N/A	3	N/A
9/30/2014	191	-46	N/A	-3	N/A
6/30/2014	172	-37	N/A	-4	N/A
3/31/2014	153	-26	N/A	2	N/A
12/31/2013	134	-25	N/A	-4	N/A
9/30/2013	115	-32	N/A	-11	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TRUE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TRUE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TRUE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TRUE's revenue (12.4% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: TRUE's revenue (12.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if TRUE's Return on Equity is forecast to be high in 3 years time

TrueCar Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

No longer forecast to breakeven

Consensus EPS estimates upgraded to US$0.12 loss, revenue downgraded

Forecast to breakeven in 2026

Price target increased by 11% to US$3.27

Price target decreased by 12% to US$2.93

TrueCar, Inc. Provides Revenue Guidance for the Fourth Quarter of 2023

Recent updates

No longer forecast to breakeven

We're Hopeful That TrueCar (NASDAQ:TRUE) Will Use Its Cash Wisely

First quarter 2024 earnings released: US$0.064 loss per share (vs US$0.22 loss in 1Q 2023)

TrueCar, Inc. to Report Q1, 2024 Results on Apr 29, 2024

TrueCar, Inc., Annual General Meeting, May 23, 2024

Executive VP notifies of intention to sell stock

Executive VP recently sold US$52k worth of stock

Consensus EPS estimates upgraded to US$0.12 loss, revenue downgraded

Now 28% undervalued

Full year 2023 earnings: EPS exceeds analyst expectations

TrueCar, Inc. to Report Q4, 2023 Results on Feb 20, 2024

Now 22% undervalued

TrueCar Marketing Solutions Helps Dealers Conquest New Customers, Drive Service Revenue, and More

TrueCar, Inc.'s (NASDAQ:TRUE) Intrinsic Value Is Potentially 39% Above Its Share Price

We're Not Worried About TrueCar's (NASDAQ:TRUE) Cash Burn

Forecast to breakeven in 2026

Price target increased by 11% to US$3.27

Now 20% undervalued

New minor risk - Shareholder dilution

Price target decreased by 12% to US$2.93

New major risk - Revenue and earnings growth

TrueCar, Inc. to Report Q3, 2023 Results on Nov 06, 2023

We're Not Very Worried About TrueCar's (NASDAQ:TRUE) Cash Burn Rate

Truecar, Inc. Announces Executive Changes

TrueCar, Inc. to Report Q2, 2023 Results on Jul 31, 2023

TrueCar, Inc. Provides Revenue Guidance for the Fourth Quarter of 2023

Market Cool On TrueCar, Inc.'s (NASDAQ:TRUE) Revenues

Consensus EPS estimates fall by 10%

First quarter 2023 earnings released: US$0.22 loss per share (vs US$0.13 loss in 1Q 2022)

Companies Like TrueCar (NASDAQ:TRUE) Are In A Position To Invest In Growth

Independent Director recently sold US$58k worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

TrueCar, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Price target increased by 12% to US$3.88

Independent Chairman of the Board recently bought US$96k worth of stock

Price target increased to US$3.45

AutoNation, Inc. (NYSE:AN) acquired 6.1% stake in TrueCar, Inc. (NasdaqGS:TRUE) .

Price target decreased to US$2.95

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Truecar, Inc. Appoints Brendan Harrington to Its Board of Directors

Truecar, Inc. Announces Executive Changes

Truecar Launches Online Credit Application on TrueCar.Com in Southern California

TrueCar, Inc. to Report Q3, 2022 Results on Nov 07, 2022

Price target decreased to US$3.31

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

TrueCar sees July total new vehicle industry sales down 10% Y/Y

TrueCar, Inc. to Report Q2, 2022 Results on Aug 02, 2022

TrueCar, Inc. Provides Revenue Guidance for the Second Quarter Ending June 30, 2022

TrueCar, Inc. (NasdaqGS:TRUE) acquired Digital Motors Corporation.

Consensus revenue estimates fall by 10%

Price target decreased to US$3.69

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased to US$4.13

TrueCar, Inc. to Report Q1, 2022 Results on May 09, 2022

TrueCar Appoints Jill Angel as New Chief People Officer

TrueCar, Inc., Annual General Meeting, May 26, 2022

TrueCar, Inc Introduces New Online Car Buying Marketplace Called TrueCar+

TrueCar, Inc. (NASDAQ:TRUE) Analysts Just Cut Their EPS Forecasts Substantially

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

TrueCar, Inc. Appoints Jantoon Reigersman as Chief Operating Officer, Effective March 1, 2022

Consensus forecasts updated

TrueCar, Inc. to Report Q4, 2021 Results on Feb 22, 2022

Price target decreased to US$5.28

Price target decreased to US$5.67

Third quarter 2021 earnings released: US$0.073 loss per share (vs US$0.089 profit in 3Q 2020)

Price target decreased to US$5.90

Independent Director notifies of intention to sell stock

TrueCar: Good Business Model, But Too Much Risk Today

TrueCar, Inc. Provides Sales Guidance for August 2021