Fintel reports that on October 16, 2025, JP Morgan upgraded their outlook for TrueCar (NasdaqGS:TRUE) from Underweight to Neutral.
Analyst Price Forecast Suggests 11.78% Upside
As of September 30, 2025, the average one-year price target for TrueCar is $2.68/share. The forecasts range from a low of $2.02 to a high of $3.41. The average price target represents an increase of 11.78% from its latest reported closing price of $2.40 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for TrueCar is 235MM, an increase of 27.34%. The projected annual non-GAAP EPS is -0.20.
What is the Fund Sentiment?
There are 233 funds or institutions reporting positions in TrueCar. This is an decrease of 8 owner(s) or 3.32% in the last quarter. Average portfolio weight of all funds dedicated to TRUE is 0.06%, an increase of 37.94%. Total shares owned by institutions decreased in the last three months by 2.41% to 71,953K shares. 
The put/call ratio of TRUE is 0.00, indicating a bullish outlook.
What are Other Shareholders Doing?
Caledonia (Private) Investments Pty holds 17,758K shares representing 20.08% ownership of the company. No change in the last quarter.
United Services Automobile Association holds 7,962K shares representing 9.00% ownership of the company. No change in the last quarter.
Cannell Capital holds 3,835K shares representing 4.34% ownership of the company. In its prior filing, the firm reported owning 4,595K shares , representing a decrease of 19.80%. The firm decreased its portfolio allocation in TRUE by 9.75% over the last quarter.
Acadian Asset Management holds 2,683K shares representing 3.03% ownership of the company. In its prior filing, the firm reported owning 2,753K shares , representing a decrease of 2.62%. The firm decreased its portfolio allocation in TRUE by 14.39% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,574K shares representing 2.91% ownership of the company. No change in the last quarter.
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This story originally appeared on Fintel.
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