B. Riley's Estimate for TrueCar Q3 Earnings

TrueCar, Inc. (NASDAQ:TRUE) recently caught the attention of analysts at B. Riley who provided their earnings per share estimate for the third quarter of 2025. In a research note shared with investors on October 29, B. Riley analyst N. Khan projected that TrueCar would report an earnings per share (EPS) of ($0.05) for the upcoming quarter. They also noted that the current consensus estimate for TrueCar's full-year earnings is ($0.29) per share. Furthermore, B. Riley has put forth estimates indicating that TrueCar's EPS for the fiscal year 2028 could be around ($0.04).

In addition to B. Riley, various other analysts have analyzed TrueCar's stock performance. For instance, Needham & Company LLC revised their price target on TrueCar from $4.00 down to $3.75, while maintaining a "buy" rating for the stock in a report dated August 6. Conversely, BTIG Research recently increased their target price for TrueCar from $3.75 to $4.50, reinforcing their "buy" rating in a report released on October 22. Furthermore, Lake Street Capital has initiated coverage on TrueCar, issuing a "buy" rating and setting a price target at $6.00 in their analysis.

TrueCar Stock Overview

As of Wednesday, TrueCar's stock opened at $3.91. The company has experienced significant fluctuations over the past year, marking a 52-week low of $1.77 and a high of $4.22. Presently, the fifty-day moving average stands at $3.35, whereas the 200-day moving average is $3.14. With a market capitalization of approximately $358.05 million, the stock possesses a price-to-earnings ratio of -9.78 and a beta of 1.85, suggesting higher volatility than the overall market.

In their previous quarterly earnings report dated August 5, TrueCar revealed an EPS of ($0.09), falling short of analysts' consensus estimates of ($0.07) by $0.02. Additionally, TrueCar reported revenues of $41.80 million for the quarter, which were lower than the projected figure of $43.38 million. The company disclosed a negative net margin of 17.63% alongside a negative return on equity (ROE) of 14.10%.

Insider Transactions and Hedge Fund Activities

In terms of insider activity, TrueCar’s Executive Vice President, Jeff Swart, sold 20,000 shares of the company on August 21 at an average price of $2.82, totaling $56,400. Following this transaction, Swart retains ownership of 390,600 shares, valued at approximately $1,101,492, indicating a negligible reduction in ownership percentage. This transaction has been documented in a filing with the SEC. Notably, 3.30% of TrueCar's stock is currently held by corporate insiders.

On the institutional front, multiple hedge funds have recently adjusted their stakes in TrueCar. Notable amongst them is BNP Paribas Financial Markets, which increased its holdings by 35.4%, owning 70,820 shares currently valued at around $240,000 after an additional purchase of 18,501 shares. In a similar vein, Russell Investments Group Ltd. raised its holdings by 29.1%, now owning 670,470 shares worth $2,273,000 following a purchase of 151,115 shares. Vanguard Group Inc. slightly raised its stake in TrueCar by 1.0%, now owning 4,276,548 shares valued at approximately $14,497,000 after acquiring 41,592 additional shares. Other institutional investors, including Hillsdale Investment Management Inc. and Lazard Asset Management LLC, also made new investments in TrueCar during the first quarter, indicating growing interest in the company. Overall, hedge funds and institutional investors collectively hold around 79.44% of TrueCar's stock.

About TrueCar

TrueCar, Inc. operates as a technology and communication service provider based in the United States. The firm runs an online platform through its website and mobile applications, facilitating access to market-based pricing data for both new and used vehicles. Additionally, TrueCar connects users with its network of certified dealers, helping consumers make informed car buying decisions.

TrueCar, Earnings, Analysts