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Truecaller Reaches 450 Million Active Android Users Globally

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Truecaller Reaches 450 Million Active Android Users Globally

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The latest announcement is out from Truecaller AB Class B ( ($SE:TRUE.B) ).

Truecaller has announced that it has surpassed 450 million monthly active users on Android, marking significant growth in its user base. This milestone highlights Truecaller’s expanding role in securing phone communications globally, with notable growth in regions such as India, the Middle East, Africa, Southeast Asia, Latin America, Europe, and the US. The company’s success is attributed to its ability to identify and block unwanted calls, as well as its investments in AI, fraud protection, and verified business identity solutions.

The most recent analyst rating on ($SE:TRUE.B) stock is a Hold with a SEK53.00 price target. To see the full list of analyst forecasts on Truecaller AB Class B stock, see the SE:TRUE.B Stock Forecast page.

More about Truecaller AB Class B

Truecaller is a leading global communication platform known for its Caller ID and spam-blocking services. It focuses on enabling safe and relevant conversations by verifying contacts and blocking unwanted communication, particularly in emerging markets. The company is listed on Nasdaq Stockholm and aims to build trust in digital communication.

Average Trading Volume: 1,409,271

Technical Sentiment Signal: Hold

Current Market Cap: SEK13.37B

Learn more about TRUE.B stock on TipRanks’ Stock Analysis page.

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