Truecar Inc Stock Price, News & Analysis

TrueCar (NASDAQ:TRUE) reported third quarter 2025 results for the period ended September 30, 2025.

Key results: total revenue of $43.2M (down QoQ and YoY), net income of $5.0M or $0.06 per share versus prior-quarter and prior-year losses, Adjusted EBITDA of $(0.4)M, operating cash flow of $12.7M, free cash flow of $11.2M, and cash and equivalents of $103.2M as of September 30, 2025.

Corporate action: On October 15, 2025 TrueCar entered into a definitive agreement to be acquired by Fair Holdings at $2.55 per share; the transaction is expected to close in Q4 2025 or early 2026 and will result in Nasdaq delisting upon closing. TrueCar will not host an earnings call this quarter and has suspended forward-looking guidance.

TrueCar (NASDAQ: TRUE) renewed its DrivenToDrive initiative for its eighth year by partnering with wear blue: run to remember to award a brand-new vehicle to a veteran, active duty servicemember, or Gold Star/Surviving family member.

Since 2017, DrivenToDrive has donated 11 vehicles. Eligible applicants (Active Duty, National Guard or Reserve, Post-9/11 veterans and retirees, and Post-9/11 Gold Star/Surviving spouses and children ages 18–25) can enter at the wear blue website through November 3, 2025. Promotional activities include the Marine Corps Marathon, wear blue Community Runs, and digital marketing. The winner will be announced in late November 2025.

TrueCar (NASDAQ: TRUE)$2.55 per share, implying an equity value of approximately $227 million. The buyer is Fair Holdings, led by founder Scott Painter, who will return as CEO post-close. The deal was unanimously approved by the board and includes a 30-day go-shop period ending November 13, 2025. The transaction is expected to close in Q4 2025 or early 2026, is subject to stockholder and regulatory approvals, and would result in TrueCar shares no longer trading on Nasdaq.

The financing plan includes equity commitments and additional capital from a Syndicate and conditions tied to an extra $60 million in financing commitments.

TrueCar (NASDAQ:TRUE) has announced its second quarter 2025 financial results through a stockholder letter. The company will host a conference call to discuss these results on Thursday, August 7, 2025, at 9:00 a.m. ET/6:00 a.m. PT.

The live webcast will be accessible through TrueCar's Investor Relations website, with dial-in options available for both domestic (1-833-816-1391) and international (1-412-317-0484) participants. An archived version of the call will be made available on the company's IR website.

TrueCar also confirmed its continued use of its Investor Relations website, LinkedIn, Facebook, and X platforms for disclosing material non-public information in compliance with Regulation FD.

TrueCar (NASDAQ:TRUE) announced it will release its second quarter 2025 financial results on Wednesday, August 6, 2025, after market close. The results will be published in a stockholder letter available on the company's Investor Relations website.

The company will host a conference call on Thursday, August 7, 2025, at 9:00 a.m. ET, featuring President and CEO Jantoon Reigersman and CFO Oliver Foley. Investors can access the live webcast through TrueCar's IR website or join via phone using the provided dial-in numbers.

TrueCar has partnered with GasBuddy to launch 'TrueCar for GasBuddy' car buying program, integrating its services into GasBuddy's app and website. The program gives GasBuddy's 20 million annual visitors access to TrueCar's network of over 11,000 certified dealers across the U.S. Users who purchase from a Certified TrueCar dealer will receive 50,000 GasBuddy Reward Points within 45 days of sale. GasBuddy, known for providing gas price transparency at over 150,000 stations, will leverage its multi-channel connections to drive vehicle shoppers to TrueCar. This partnership adds to TrueCar's Affinity programs portfolio, which includes over 250 car buying programs with organizations like Sam's Club, Navy Federal Credit Union, and Uber.

TrueCar (NASDAQ:TRUE) has announced its first quarter 2025 financial results ending March 31, 2025, through a stockholder letter available on their investor relations website. The company will host a conference call to discuss these results on Tuesday, May 6, 2025, at 9:00 a.m. ET/6:00 a.m. PT. Interested parties can access the live webcast through TrueCar's Investor Relations website, with domestic dial-in at 1-833-816-1391 and international at 1-412-317-0484. An archived version of the call will be available afterward on their IR website.

TrueCar (NASDAQ: TRUE) has scheduled the release of its first quarter 2025 financial results on Monday, May 5, 2025, after market close. The results will be communicated through a stockholder letter, accessible via the company's Investor Relations website at ir.truecar.com.

President and CEO Jantoon Reigersman and CFO Oliver Foley will host a live conference call and webcast on Tuesday, May 6, 2025, at 9:00 a.m. ET (6:00 a.m. PT) to discuss the quarterly results. Investors can join via phone using the dial-in numbers 1-833-816-1391 (domestic) or 1-412-317-0484 (international). An archived version of the call will be made available on TrueCar's Investor Relations website.

TrueCar (NASDAQ:TRUE) announced its fourth quarter 2024 financial results ending December 31, 2024, through a stockholder letter. The company will host a conference call and webcast to discuss the results on February 19, 2025, at 9:00 a.m. ET/6:00 a.m. PT.

The live call will be accessible via dial-in numbers (1-833-816-1391 domestic, 1-412-317-0484 international) and through TrueCar's Investor Relations website. An archived version of the call will be available afterward on the company's IR website. TrueCar uses its Investor Relations website, LinkedIn, Facebook, and X for disclosing material non-public information and complying with Regulation FD.