tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TrueCar shareholders approve acquisition by Fair Holdings

Story Highlights
  • TrueCar shareholders approved Fair Holdings’ cash acquisition at a December 22, 2025 special meeting.
  • The deal offers $2.55 per share in cash and is expected to close in January 2026, taking TrueCar private under founder Scott Painter’s control.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TrueCar shareholders approve acquisition by Fair Holdings

Claim 70% Off TipRanks This Holiday Season

TrueCar ( (TRUE) ) just unveiled an update.

On December 22, 2025, TrueCar stockholders approved the company’s acquisition by Fair Holdings, Inc., a holding company led by TrueCar founder Scott Painter, in a special meeting where approximately 78.83% of eligible shares were represented and all proposals, including the merger agreement and advisory executive compensation vote, passed by the requisite margins. Under the terms of the deal, which is expected to close in January 2026 subject to remaining closing conditions, TrueCar investors will receive $2.55 in cash per share, a transaction the company’s leadership characterized as delivering a premium to shareholders while positioning TrueCar to continue expanding its role as a trusted, transparent digital marketplace for car buyers, Certified Dealers, and affinity partners as a privately held subsidiary of Fair Holdings.

The most recent analyst rating on (TRUE) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on TrueCar stock, see the TRUE Stock Forecast page.

Spark’s Take on TRUE Stock

According to Spark, TipRanks’ AI Analyst, TRUE is a Neutral.

TrueCar’s overall stock score reflects significant financial challenges, particularly in profitability and cash flow generation. While technical analysis provides some positive signals, the negative valuation metrics and lack of earnings call data further weigh down the score. The company needs to address its operational inefficiencies and improve its financial health to enhance its stock performance.

To see Spark’s full report on TRUE stock, click here.

More about TrueCar

TrueCar, Inc. is a leading automotive digital marketplace that connects car buyers and sellers to a nationwide network of Certified Dealers. The company focuses on creating a personalized and efficient online auto shopping experience, offering vehicle discovery tools, price ratings and market context across new, used and certified pre-owned vehicles. TrueCar also powers auto-buying programs for more than 250 affinity partners, including major brands such as Sam’s Club, AAA and Navy Federal Credit Union, reinforcing its position as a key intermediary in the U.S. car retail ecosystem.

Average Trading Volume: 791,912

Technical Sentiment Signal: Hold

Current Market Cap: $190.3M

For detailed information about TRUE stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1