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. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides accurate, geographically specific, and real-time pricing information for consumers and dealers; TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; DealerSync, a dealer website creation and management service and a software platform that assists dealers in managing, marketing, and growing their business; and DealerScience that provides dealers with advanced digital retailing software tools. Further, the company customizes and operates its platform for financial institutions, membership-based organizations, and large enterprises. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.
IPO Year: 2014
Exchange: NASDAQ
Website: truecar.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/7/2024 | $6.00 | Buy | Lake Street |
| 8/7/2024 | $3.75 | Neutral → Buy | BTIG Research |
| 9/27/2023 | Buy → Neutral | BTIG Research | |
| 7/20/2023 | $3.00 | Neutral | B. Riley Securities |
| 3/14/2023 | $3.50 | Hold → Buy | Needham |
| 11/9/2022 | $3.00 | Neutral → Buy | BTIG Research |
| 10/31/2022 | Underweight → Overweight | JP Morgan | |
| 2/24/2022 | $7.00 → $6.00 | Buy | Benchmark |
| 2/24/2022 | $6.00 → $3.50 | Buy → Hold | Craig-Hallum |
| 2/24/2022 | $3.85 → $3.50 | Neutral | DA Davidson |
4 - TrueCar, Inc. (0001327318) (Issuer)
4 - TrueCar, Inc. (0001327318) (Issuer)
4 - TrueCar, Inc. (0001327318) (Issuer)
4 - TrueCar, Inc. (0001327318) (Issuer)
4 - TrueCar, Inc. (0001327318) (Issuer)
4 - TrueCar, Inc. (0001327318) (Issuer)
4 - TrueCar, Inc. (0001327318) (Issuer)
4 - TrueCar, Inc. (0001327318) (Issuer)
4 - TrueCar, Inc. (0001327318) (Issuer)
4 - TrueCar, Inc. (0001327318) (Issuer)
SC 13G/A - TrueCar, Inc. (0001327318) (Subject)
SC 13G/A - TrueCar, Inc. (0001327318) (Subject)
SC 13G/A - TrueCar, Inc. (0001327318) (Subject)
SC 13G/A - TrueCar, Inc. (0001327318) (Subject)
SC 13G/A - TrueCar, Inc. (0001327318) (Subject)
SC 13G - TrueCar, Inc. (0001327318) (Subject)
SC 13G/A - TrueCar, Inc. (0001327318) (Subject)
SC 13G - TrueCar, Inc. (0001327318) (Subject)
SC 13G/A - TrueCar, Inc. (0001327318) (Subject)
SC 13G - TrueCar, Inc. (0001327318) (Subject)
Live call and webcast will occur on November 7 at 9:00 a.m. ET SANTA MONICA, Calif., Oct. 24, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, 2024 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Jantoon Reigersman, President and Chief Executive Officer, and Oliver Foley, Chief Financial Officer, will host a call on Thursday, November 7 at 9:00 a.m. Eastern Time to discuss the results. A liv
Live call and webcast will occur on August 6 at 9:00 a.m. ET SANTA MONICA, Calif., July 23, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the second quarter ended June 30, 2024 on Monday, August 5, 2024 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Jantoon Reigersman, President and Chief Executive Officer, and Oliver Foley, Chief Financial Officer, will host a call on Tuesday August 6 at 9:00 a.m. Eastern Time to discuss the results. A live webcast of th
Live call and webcast will occur on April 30 at 9:00 a.m. ET SANTA MONICA, Calif., April 16, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the first quarter ended March 31, 2024 on Monday, April 29, 2024 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Jantoon Reigersman, President and Chief Executive Officer, and Oliver Foley, Chief Financial Officer, will host a call on Tuesday April 30 at 9:00 a.m. Eastern Time to discuss the results. A live webcast of t
Live call and webcast will occur on February 21 at 9:00 a.m. ET SANTA MONICA, Calif., Feb. 7, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the fourth quarter ended December 31, 2023 on Tuesday, February 20, 2024 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Jantoon Reigersman, President and Chief Executive Officer, and Oliver Foley, Chief Financial Officer, will host a call on Wednesday February 21 at 9:00 a.m. Eastern Time to discuss the results. A liv
Live call and webcast will occur on August 1 at 9:00 a.m. ET SANTA MONICA, Calif., July 17, 2023 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the second quarter ended June 30, 2023 on Monday, July 31, 2023 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Jantoon Reigersman, President and Chief Executive Officer, and Teresa Luong, Chief Financial Officer, will host a call on Tuesday, August 1 at 9:00 a.m. Eastern Time to discuss the results. A live webcast of th
Live call and webcast will occur on May 9 at 9:00 a.m. ET SANTA MONICA, Calif., April 24, 2023 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the first quarter ended March 31, 2023 on Monday, May 8, 2023 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Mike Darrow, President and Chief Executive Officer, Jantoon Reigersman, Chief Operating Officer, and Teresa Luong, Chief Financial Officer will host a call on Tuesday, May 9 at 9:00 a.m. Eastern Time to discuss the
Live call and webcast will occur on February 23 at 9:00 a.m. ET SANTA MONICA, Calif., Feb. 8, 2023 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the fourth quarter ended December 31, 2022 on Wednesday, February 22, 2023 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Mike Darrow, President and Chief Executive Officer, and Jantoon Reigersman, Chief Financial Officer and Chief Operating Officer, will host a call on Thursday, February 23 at 9:00 a.m. Eastern Time
Live call and webcast will occur on November 8 at 9:00 a.m. ET SANTA MONICA, Calif., Oct. 24, 2022 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the third quarter ended September 30, 2022 on Monday, November 7, 2022 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Mike Darrow, President and Chief Executive Officer, and Jantoon Reigersman, Chief Financial Officer and Chief Operating Officer, will host a call on Tuesday, November 8 at 9:00 a.m. Eastern Time to dis
Live call and webcast will occur on August 3 at 9:00 a.m. ET SANTA MONICA, Calif., July 19, 2022 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the second quarter ended June 30, 2022 on Tuesday, August 2, 2022 after market close, in a stockholder letter that will be accessible from the Company's Investor Relations website at ir.truecar.com. Mike Darrow, President and Chief Executive Officer, and Jantoon Reigersman, Chief Financial Officer and Chief Operating Officer, will host a call on Wednesday, August 3 at 9:00 a.m. Eastern Time to discuss t
Acquisition to help accelerate TrueCar+ product roadmap by expanding e-commerce capabilities SANTA MONICA, Calif., June 6, 2022 /PRNewswire/ -- TrueCar, Inc. (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced its acquisition of Irvine, California based Digital Motors. The acquisition is intended to accelerate TrueCar's plan to deliver a robust digital car buying and selling experience with its TrueCar+ marketplace. Digital Motors' automotive retail and financial technology platform gives a
Live call and webcast will occur on November 7 at 9:00 a.m. ET SANTA MONICA, Calif., Nov. 6, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) today announced financial results for the third quarter ended September 30, 2024 in a stockholder letter, which is available HERE and on the TrueCar Investor Relations website at ir.truecar.com. The company will host a call to discuss its third quarter results on Thursday, November 7 at 9:00 a.m. ET/6:00 a.m. PT. A live webcast of the call will be available through TrueCar's Investor Relations website and the link below. TrueCar Third Q
Military members and their families can get exclusive access to $3,000 in manufacturer savings on the INEOS Grenadier through TrueCar Military, PenFed Credit Union, and Navy Federal Credit Union car buying sites SANTA MONICA, Calif., Oct. 30, 2024 /PRNewswire/ -- TrueCar, Inc. (NASDAQ:TRUE) the most trusted automotive digital marketplace, today announced INEOS Automotive is providing an exclusive $3,000 offer to TrueCar military members and their families on the purchase of its INEOS Grenadier, a rugged and purpose-built 4x4. Qualified buyers can utilize the $3,000 savings in addition to other manufacturer incentives and dealer pricing.
Live call and webcast will occur on November 7 at 9:00 a.m. ET SANTA MONICA, Calif., Oct. 24, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the third quarter ended September 30, 2024 on Wednesday, November 6, 2024 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Jantoon Reigersman, President and Chief Executive Officer, and Oliver Foley, Chief Financial Officer, will host a call on Thursday, November 7 at 9:00 a.m. Eastern Time to discuss the results. A liv
SANTA MONICA, Calif., Aug. 16, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced that its Chief People Officer & Operations, Jill Angel, has been appointed as Chief Operating Officer, effective immediately. In this position, Ms. Angel is expected to continue to play a significant role in TrueCar's efforts to meet its long-term operational goals and oversee TrueCar's sales operations, dealer services and people function. Ms. Angel will continue reporting to TrueCar's President and Chief Executive Officer, Jantoon Reigersman.
Live call and webcast will occur on August 6 at 9:00 a.m. ET SANTA MONICA, Calif., Aug. 5, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) today announced financial results for the second quarter ended June 30, 2024 in a stockholder letter, which is available HERE and on the TrueCar Investor Relations website at ir.truecar.com. The company will host a call to discuss its second quarter results on Tuesday, August 6 at 9:00 a.m. ET/6:00 a.m. PT. A live webcast of the call will be available through TrueCar's Investor Relations website and the link below. TrueCar Second Quarter
Live call and webcast will occur on August 6 at 9:00 a.m. ET SANTA MONICA, Calif., July 23, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the second quarter ended June 30, 2024 on Monday, August 5, 2024 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Jantoon Reigersman, President and Chief Executive Officer, and Oliver Foley, Chief Financial Officer, will host a call on Tuesday August 6 at 9:00 a.m. Eastern Time to discuss the results. A live webcast of th
SANTA MONICA, Calif., July 17, 2024 /PRNewswire/ -- TrueCar, Inc. (NASDAQ:TRUE), the most trusted digital automotive marketplace, today proudly announces the launch of the next evolution of TrueCar+ (www.truecar.com/plus), which now empowers consumers – for the first time – to purchase from over 3,200 new, used, and certified pre-owned vehicles from start to finish completely online. Whereas other online car shopping platforms are limited to used vehicles only, do not include key purchasing steps, or are exclusive to a single brand, TrueCar+ offers a seamless buying solution t
NEWPORT BEACH, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the initial sponsor list and latest presenting companies for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 4th and 5th. Conference SponsorshipThe Gateway Conference is sponsored by leading firms servicing the financial community. The event provides a rich environment for business development and an effective marketing platform to reach key corporate decision makers. Sponsorships are currently available in the Gold, Silver, and Bronze levels. For additional inform
Live call and webcast will occur on April 30 at 9:00 a.m. ET SANTA MONICA, Calif., April 29, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) today announced financial results for the first quarter ended March 31, 2024 in a stockholder letter, which is available HERE and on the TrueCar Investor Relations website at ir.truecar.com. The company will host a call to discuss its first quarter results on Tuesday, April 30 at 9:00 a.m. ET/6:00 a.m. PT. A live webcast of the call will be available through TrueCar's Investor Relations website and the link below. TrueCar First Quarter
Live call and webcast will occur on April 30 at 9:00 a.m. ET SANTA MONICA, Calif., April 16, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the first quarter ended March 31, 2024 on Monday, April 29, 2024 after market close, in a stockholder letter that will be accessible from the company's Investor Relations website at ir.truecar.com. Jantoon Reigersman, President and Chief Executive Officer, and Oliver Foley, Chief Financial Officer, will host a call on Tuesday April 30 at 9:00 a.m. Eastern Time to discuss the results. A live webcast of t
10-Q - TrueCar, Inc. (0001327318) (Filer)
8-K - TrueCar, Inc. (0001327318) (Filer)
8-K - TrueCar, Inc. (0001327318) (Filer)
8-K - TrueCar, Inc. (0001327318) (Filer)
10-Q - TrueCar, Inc. (0001327318) (Filer)
8-K - TrueCar, Inc. (0001327318) (Filer)
8-K - TrueCar, Inc. (0001327318) (Filer)
ARS - TrueCar, Inc. (0001327318) (Filer)
DEFA14A - TrueCar, Inc. (0001327318) (Filer)
DEF 14A - TrueCar, Inc. (0001327318) (Filer)
SANTA MONICA, Calif., Aug. 16, 2024 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced that its Chief People Officer & Operations, Jill Angel, has been appointed as Chief Operating Officer, effective immediately. In this position, Ms. Angel is expected to continue to play a significant role in TrueCar's efforts to meet its long-term operational goals and oversee TrueCar's sales operations, dealer services and people function. Ms. Angel will continue reporting to TrueCar's President and Chief Executive Officer, Jantoon Reigersman.
Restructuring Expected to Streamline Organization and Reduce Annualized Expenses by Over $20 MillionJantoon Reigersman Appointed President and Chief Executive OfficerMichael Darrow to Depart from Company SANTA MONICA, Calif., June 14, 2023 /PRNewswire/ -- TrueCar, Inc. (NASDAQ:TRUE) today announced a strategic restructuring to streamline the organization, including a workforce reduction impacting approximately 102 positions, or 24% of the Company's headcount, and the appointment of Jantoon Reigersman as President and Chief Executive Officer. Mr. Reigersman succeeds Michael Darrow, who is departing TrueCar and vacating his position on the Board.
SANTA MONICA, Calif., Nov. 1, 2022 /PRNewswire/ -- TrueCar, Inc. (NASDAQ:TRUE) announced the election of Brendan Harrington, General Manager of Capistrano Valley Toyota, to its Board of Directors. In addition, Wesley Nichols resigned from the Board. Both changes were effective on October 27, 2022. After these changes, TrueCar's Board remains comprised of eight directors, three of whom are women and seven of whom are independent. Mr. Harrington has extensive experience in automotive retail. He currently serves as General Manager of Capistrano Valley Toyota in San Juan Capistr
SANTA MONICA, Calif., April 21, 2022 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced the appointment of Jill Angel as Chief People Officer. In this role, Angel will drive the People strategy for TrueCar and oversee all aspects of the People function. She will report to Mike Darrow, President and CEO. "We're delighted to welcome Jill to the TrueCar team as we build an organization ready to meet the challenges and opportunities of supporting a modern-day mar
SANTA MONICA, Calif., Feb. 23, 2022 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced that its Chief Financial Officer, Jantoon Reigersman, has also been appointed Chief Operating Officer, effective March 1, 2022. As COO, Reigersman will play a more significant role driving TrueCar's transformation by seeking to improve operational effectiveness and fulfillment, in order to drive future revenue growth through new products and services. In this role, Reigers
SANTA MONICA, Calif., Dec. 2, 2021 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the most efficient and transparent online destination to find a car, today announced the appointment of Rich DiStefano as its new Senior Vice President of Product. In this role, DiStefano will develop and execute the product strategy for TrueCar, leading the long-term development of features and solutions, ultimately resulting in higher efficiency and consumer engagement through TrueCar's products. DiStefano will report directly to President and CEO, Mike Darrow. "With his extensive experience dev
SANTA MONICA, Calif., Oct. 28, 2021 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) today announced the election of Faye Iosotaluno, Chief Strategy Officer at Match Group, to its Board of Directors. With this addition, the company's board will expand to nine directors, three of whom are women and eight of whom are independent. "We are excited for Faye to join TrueCar's Board of Directors and look forward to her insights and contributions," said Mike Darrow, President and Chief Executive Officer of TrueCar. "With her depth of expertise across digital platforms, and specifically te
Lake Street initiated coverage of TrueCar with a rating of Buy and set a new price target of $6.00
BTIG Research upgraded TrueCar from Neutral to Buy and set a new price target of $3.75
BTIG Research downgraded TrueCar from Buy to Neutral
B. Riley Securities initiated coverage of TrueCar with a rating of Neutral and set a new price target of $3.00
Needham upgraded TrueCar from Hold to Buy and set a new price target of $3.50
BTIG Research upgraded TrueCar from Neutral to Buy and set a new price target of $3.00
JP Morgan upgraded TrueCar from Underweight to Overweight
Benchmark reiterated coverage of TrueCar with a rating of Buy and set a new price target of $6.00 from $7.00 previously
Craig-Hallum downgraded TrueCar from Buy to Hold and set a new price target of $3.50 from $6.00 previously
DA Davidson reiterated coverage of TrueCar with a rating of Neutral and set a new price target of $3.50 from $3.85 previously
TrueCar, Inc. (NASDAQ:TRUE), the most trusted digital automotive marketplace, today proudly announces the launch of the next evolution of TrueCar+ (www.truecar.com/plus), which now empowers consumers – for the first time – to purchase from over 3,200 new, used, and certified pre-owned vehicles from start to finish completely online.
Needham analyst Chris Pierce maintains TrueCar (NASDAQ:TRUE) with a Buy and lowers the price target from $4.5 to $4.
TrueCar (NASDAQ:TRUE) reported quarterly losses of $(0.06) per share which beat the analyst consensus estimate of $(0.07) by 14.29 percent. This is a 72.73 percent increase over losses of $(0.22) per share from the same period last year. The company reported quarterly sales of $41.052 million which beat the analyst consensus estimate of $41.018 million by 0.08 percent. This is a 11.01 percent increase over sales of $36.980 million the same period last year.
Gainers HWH International (NASDAQ:HWH) stock increased by 11.2% to $1.68 during Monday's after-market session. The market value of their outstanding shares is at $27.2 million. Stran & Co (NASDAQ:SWAG) shares increased by 7.91% to $1.5. The market value of their outstanding shares is at $27.8 million. TrueCar (NASDAQ:TRUE) shares rose 4.9% to $3.85. The company's market cap stands at $351.0 million. Urban One (NASDAQ:UONE) shares increased by 4.83% to $2.6. The company's market cap stands at $127.0 million. Cineverse (NASDAQ:CNVS) stock increased by 4.68% to $1.34. The market value of their outstanding shares is at $17.8 million. Losers Gamer Pakistan (NASDAQ:GPAK) shares decreased b
Shares of Etsy, Inc. (NASDAQ:ETSY) fell sharply during Thursday’s session after the company reported mixed fourth-quarter financial results. Etsy reported quarterly earnings of 62 cents per share which missed the analyst consensus estimate of 78 cents. The company reported quarterly sales of $842.3 million, beating the analyst consensus estimate of $827.81 million. Etsy shares dipped 7.5% to $71.34 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers La Rosa Holdings Corp. (NASDAQ:LRHC) shares jumped 160.7% to $3.6499 after the company said it has acquired a 100% interest in the Company's franchisee - La Rosa Realty Winter Garden LLC located in Winter G
Needham analyst Chris Pierce reiterates TrueCar (NASDAQ:TRUE) with a Buy and maintains $4.5 price target.
Gainers NFT (AMEX:MI) stock increased by 8.6% to $0.19 during Tuesday's after-market session. The market value of their outstanding shares is at $6.6 million. Fangdd Network Group (NASDAQ:DUO) stock increased by 6.18% to $0.65. The company's market cap stands at $2.4 million. VS Media Holdings (NASDAQ:VSME) shares rose 4.99% to $0.58. The company's market cap stands at $12.7 million. Oriental Culture Holding (NASDAQ:OCG) stock increased by 3.31% to $2.05. The market value of their outstanding shares is at $8.6 million. Leafly Holdings (NASDAQ:LFLY) stock rose 3.19% to $3.88. The company's market cap stands at $8.4 million. Iridium Comms (NASDAQ:IRDM) stock moved upwards by 2.94% to $30
TrueCar (NASDAQ:TRUE) reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:03 PM. Here's what investors need to know about the announcement. Earnings TrueCar beat estimated earnings by 33.33%, reporting an EPS of $-0.02 versus an estimate of $-0.03. Revenue was up $4.62 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.03 which was followed by a 0.0% increase in the share price the next day. Here's a look at TrueCar's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate -0.06 -0.13 -0.15 -0.14 EPS Actual -0.09 -0.23 -0.22 -0.21 Revenue Estimate 40.92M 38.60M 38.82M 40.37M Revenue Actua
TrueCar (NASDAQ:TRUE) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.06) by 66.67 percent. The company reported quarterly sales of $41.29 million which missed the analyst consensus estimate of $41.86 million by 1.38 percent. This is a 12.61 percent increase over sales of $36.66 million the same period last year.