--- title: "SunCar Technology Group (NASDAQ:SDA) Rating Increased to Hold at Zacks Research" type: "News" locale: "en" url: "https://longbridge.com/en/news/279942000.md" description: "Zacks Research upgraded SunCar Technology Group (NASDAQ:SDA) to a \"hold\" rating. The stock has an average rating of \"hold\" with a target price of $4.75. SunCar's shares opened at $1.79, with a market cap of $185.52 million. The company reported a quarterly EPS of $0.03, missing estimates. SunCar develops range-extending systems for electric vehicles and serves global customers in various sectors. Despite the hold rating, some analysts maintain a buy rating with a price target of $6.00." datetime: "2026-03-20T12:23:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279942000.md) - [en](https://longbridge.com/en/news/279942000.md) - [zh-HK](https://longbridge.com/zh-HK/news/279942000.md) --- # SunCar Technology Group (NASDAQ:SDA) Rating Increased to Hold at Zacks Research SunCar Technology Group (NASDAQ:SDA - Get Free Report) was upgraded by equities researchers at Zacks Research to a "hold" rating in a report issued on Wednesday,Zacks.com reports. - SunCar Technology Stock Overheats...Will it Rise Again? Several other brokerages have also recently weighed in on SDA. BTIG Research reaffirmed a "buy" rating and issued a $6.00 price target on shares of SunCar Technology Group in a research report on Monday, December 22nd. Weiss Ratings reiterated a "sell (e+)" rating on shares of SunCar Technology Group in a report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $4.75. **Get Our Latest Research Report on SunCar Technology Group** ## SunCar Technology Group Stock Performance Shares of SDA opened at $1.79 on Wednesday. The firm has a market cap of $185.52 million, a PE ratio of -25.57 and a beta of 0.08. SunCar Technology Group has a 52-week low of $1.54 and a 52-week high of $4.83. The business's 50 day moving average price is $2.03 and its two-hundred day moving average price is $2.12. SunCar Technology Group (NASDAQ:SDA - Get Free Report) last announced its quarterly earnings data on Thursday, December 18th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.02). The firm had revenue of $115.80 million for the quarter, compared to analysts' expectations of $119.44 million. Research analysts predict that SunCar Technology Group will post 0.11 EPS 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. ## Read More - Five stocks we like better than SunCar Technology Group _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in SunCar Technology Group Right Now? Before you consider SunCar Technology Group, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SunCar Technology Group wasn't on the list. 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