
Truecar Inc (TRUE) Stock Forecast & Price Target
Truecar Inc (TRUE) Analyst Ratings
Bulls say
TrueCar Inc operates a data-driven online platform that leverages proprietary data and analytics, catering to a diverse range of partners including financial institutions and membership-based organizations. The company's focus on dealer products and services, OEM incentives, and customized offerings for affinity groups positions it strategically within the automotive market. While challenges in vehicle sales and marginal profitability exist, the substantial gains of approximately 65% that investors have realized since before the announcement demonstrate a positive investor sentiment and underlying confidence in TrueCar's business model and growth potential.
Bears say
TrueCar Inc faces significant risks that contribute to a negative outlook on its stock, primarily due to the volatility of OEM incentive revenue, which is crucial for the company's profitability, as OEMs grapple with constrained earnings. Additionally, the potential failure of TrueCar's consumer engagement model could hinder its path to achieving positive EBITDA, possibly leading shares to fall below net cash per share. The company is also at risk of declining profitability in the automotive dealership channel, weaker dealership additions, and adverse macroeconomic conditions, which further jeopardize its growth prospects.
This aggregate rating is based on analysts' research of Truecar Inc and is not a guaranteed prediction by Public.com or investment advice.
Truecar Inc (TRUE) Analyst Forecast & Price Prediction
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