BTIG Reiterates Buy Rating on TrueCar (TRUE)

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Go back to BTIG Reiterates Buy Rating on TrueCar (TRUE)

TrueCar (TRUE) PT Lowered to $4 at BTIG

February 20, 2025 12:01 PM EST

BTIG analyst Marvin Fong lowered the price target on TrueCar (NASDAQ: TRUE) to $4.00 (from $4.50) while maintaining a Buy rating.

The analyst comments "This note is a follow-up to our initial take published on Feb 18 (available here). TRUE shares were under pressure yesterday and into today, primarily due to 1Q25 revenue guidance that was light on the top-line and also called for an unexpected Adjusted EBITDA loss of $5MM. We estimate about half of the... More

TrueCar (TRUE) Misses Q4 EPS by 2c

February 18, 2025 4:33 PM EST

TrueCar (NASDAQ: TRUE) reported Q4 EPS of ($0.07), $0.02 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $46.2 million versus the consensus estimate of $47.29 million.

For earnings history and earnings-related data on TrueCar (TRUE) click here.

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