SunCar Technology Group (NASDAQ:SDA) Shares Down 4% – What’s Next?

Posted by Stephan Jacobs on Mar 12th, 2026

SunCar Technology Group Inc. (NASDAQ:SDA – Get Free Report)’s stock price was down 4% on Tuesday . The company traded as low as $1.91 and last traded at $1.93. Approximately 270,699 shares were traded during trading, a decline of 51% from the average daily volume of 552,382 shares. The stock had previously closed at $2.01.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SunCar Technology Group in a research note on Thursday, January 22nd. BTIG Research reissued a “buy” rating and set a $6.00 price target on shares of SunCar Technology Group in a research report on Monday, December 22nd. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, SunCar Technology Group currently has a consensus rating of “Hold” and a consensus target price of $4.75.

Read Our Latest Analysis on SunCar Technology Group

SunCar Technology Group Stock Performance

The company has a 50-day simple moving average of $2.06 and a two-hundred day simple moving average of $2.14. The firm has a market capitalization of $202.10 million, a P/E ratio of -27.86 and a beta of 0.08.

SunCar Technology Group (NASDAQ:SDA – Get Free Report) last announced its earnings results on Thursday, December 18th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.02). The firm had revenue of $115.80 million during the quarter, compared to analysts’ expectations of $119.44 million. As a group, research analysts forecast that SunCar Technology Group Inc. will post 0.11 earnings per share for the current fiscal year.

SunCar Technology Group Company Profile

(Get Free Report)

SunCar Technology Group (NASDAQ: SDA) is a technology-driven developer of range-extending systems for electric vehicles. The company’s flagship offering, SunDrive, integrates a compact internal combustion generator, advanced battery management, thermal management, and proprietary power electronics under unified control software. By combining these elements into a modular platform, SunCar addresses range anxiety and total cost of ownership concerns for light- and medium-duty EV fleets.

Founded in 2016 and headquartered in Shenzhen, China, SunCar serves global customers across ride-hailing, delivery logistics and commercial fleet segments.