SunCar Technology Group (NASDAQ:SDA) Downgraded to “Hold” Rating by Wall Street Zen

Posted by Doug Wharley on Aug 9th, 2026

Wall Street Zen cut shares of SunCar Technology Group (NASDAQ:SDA – Free Report) from a buy rating to a hold rating in a report issued on Saturday.

SDA has been the topic of several other reports. BTIG Research reissued a “buy” rating on shares of SunCar Technology Group in a report on Wednesday, July 29th. Weiss Ratings restated a “sell (e+)” rating on shares of SunCar Technology Group in a report on Friday, July 17th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, SunCar Technology Group presently has a consensus rating of “Hold” and a consensus price target of $5.00.

View Our Latest Stock Report on SDA

SunCar Technology Group Trading Up 7.7%

Shares of NASDAQ SDA opened at $0.85 on Friday. The company has a 50 day simple moving average of $0.86 and a two-hundred day simple moving average of $1.37. SunCar Technology Group has a fifty-two week low of $0.47 and a fifty-two week high of $2.93. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.01.

SunCar Technology Group (NASDAQ:SDA – Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. SunCar Technology Group had a return on equity of 0.21% and a net margin of 0.04%.The firm had revenue of $131.17 million for the quarter, compared to analysts’ expectations of $132.49 million.

SunCar Technology Group Company Profile

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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.