What is B. Riley’s Estimate for TrueCar Q3 Earnings?

TrueCar, Inc. (NASDAQ:TRUE) – Analysts at B. Riley issued their Q3 2025 earnings per share estimates for shares of TrueCar in a research note issued to investors on Tuesday, October 29th. B. Riley analyst N. Khan anticipates that the technology company will earn ($0.05) per share for the quarter. The consensus estimate for TrueCar’s current full-year earnings is ($0.29) per share. B. Riley also issued estimates for TrueCar’s FY2028 earnings at ($0.04) EPS.

Several other analysts have also issued reports on TRUE. Needham & Company LLC cut their price target on shares of TrueCar from $4.00 to $3.75 and set a “buy” rating for the company in a research report on Tuesday, August 6th. BTIG Research increased their target price on TrueCar from $3.75 to $4.50 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Finally, Lake Street Capital began coverage on TrueCar in a research note on Monday, October 7th. They issued a “buy” rating and a $6.00 price target on the stock.

TrueCar Stock Performance

Shares of TrueCar stock opened at $3.91 on Wednesday. TrueCar has a 52-week low of $1.77 and a 52-week high of $4.22. The company has a fifty day moving average of $3.35 and a 200-day moving average of $3.14. The stock has a market capitalization of $358.05 million, a price-to-earnings ratio of -9.78 and a beta of 1.85.

TrueCar (NASDAQ:TRUE) last issued its quarterly earnings results on Monday, August 5th. The technology company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.02). The business had revenue of $41.80 million for the quarter, compared to the consensus estimate of $43.38 million. TrueCar had a negative net margin of 17.63% and a negative return on equity of 14.10%.

Insider Buying and Selling at TrueCar

In other news, EVP Jeff Swart sold 20,000 shares of the stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $2.82, for a total transaction of $56,400.00. Following the completion of the sale, the executive vice president now directly owns 390,600 shares in the company, valued at approximately $1,101,492. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.30% of the company’s stock.

Hedge Funds Weigh In On TrueCar

Several hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets boosted its holdings in TrueCar by 35.4% in the first quarter. BNP Paribas Financial Markets now owns 70,820 shares of the technology company’s stock valued at $240,000 after acquiring an additional 18,501 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of TrueCar by 29.1% in the 1st quarter. Russell Investments Group Ltd. now owns 670,470 shares of the technology company’s stock worth $2,273,000 after purchasing an additional 151,115 shares during the period. Vanguard Group Inc. boosted its stake in shares of TrueCar by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 4,276,548 shares of the technology company’s stock valued at $14,497,000 after purchasing an additional 41,592 shares in the last quarter. Hillsdale Investment Management Inc. purchased a new position in shares of TrueCar during the first quarter valued at about $152,000. Finally, Lazard Asset Management LLC bought a new position in TrueCar in the first quarter worth about $43,000. 79.44% of the stock is owned by hedge funds and other institutional investors.

About TrueCar

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.