SunCar Technology GroupSDA
SDA
About: SunCar Technology Group Inc operates digital automotive aftersales market service platform and vehicle insurance technology platform. It develops and operates online platforms that connect drivers in China with a range of aftermarket automotive services and insurance coverage options from a nationwide network of service providers. These comprehensive digital systems are built on SunCar's multi-tenant, cloud-based platform.
Employees: 560
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
450% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 2
286% more capital invested
Capital invested by funds: $2.84M [Q4 2024] → $11M (+$8.12M) [Q1 2025]
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
26% more funds holding
Funds holding: 19 [Q4 2024] → 24 (+5) [Q1 2025]
4.58% more ownership
Funds ownership: 0.55% [Q4 2024] → 5.13% (+4.58%) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$3.50
25%
upside
Avg. target
$3.50
25%
upside
High target
$3.50
25%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Oppenheimer Jed Kelly | 25%upside $3.50 | Outperform Initiated | 10 Jun 2025 |
Financial journalist opinion
Neutral
PRNewsWire
1 week ago
SUNCAR TO PARTICIPATE IN UPCOMING INVESTOR CONFERENCES
NEW YORK , June 6, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, today announced that members of the Company will be participating at the following upcoming investor conferences: Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference Date: Tuesday, June 10 th, 2025, 9:00am ET Location: Virtual Sidoti Small Cap Virtual Conference Date: Wednesday, June 12 th , 2025, 8:30am ET Location: Virtual WeBull EV Stock Webinar Date: Tuesday, June 24 th , 2:00pm ET Location: Virtual Interested investors should contact their sales representative to register and schedule one-on-one or group meetings. For presentation times, live webcast links, and materials, please visit the Events & Presentation section of the Company's investor relations website at https://ir.suncartech.com.
Neutral
PRNewsWire
3 weeks ago
SunCar Technology Reports First Quarter 2025 Results
NEW YORK , May 19, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, today reported first quarter 2025 financial results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Revenue for first quarter 2025 increased 20% to $102.6 million, compared to $85.6 million in first quarter 2024.
Neutral
Seeking Alpha
1 month ago
SunCar Technology Group Inc. (SDA) Q4 2024 Earnings Call Transcript
SunCar Technology Group Inc. (NASDAQ:SDA ) Q4 2024 Earnings Conference Call April 29, 2024 8:00 AM ET Company Participants Jennifer Jiang - IR Director Zaichang Ye - Chairman, CEO Breaux Walker - Chief Strategy Officer Operator Greetings, and welcome to SunCar Technologies Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen only mode.
Neutral
PRNewsWire
1 month ago
SunCar Technology Reports 2024 Annual Results
NEW YORK , April 28, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, today reported annual financial results for the year ended December 31, 2024. Recent & Full Year 2024 Highlights Revenue for 2024 increased 21% to $441.9 million, compared to $363.7 million in 2023 Adjusted EBITDA for 2024 increased 492% to $9.8 million, compared to $1.6 million in 2023 Expanded collaboration with Tesla to 48 cities from an initial 6 at the start of the year Initiated an innovative partnership with Xiaomi to offer customized insurance products Secured a two-year agreement with SAIC Maxus, a leading commercial vehicle manufacturer, to enhance eInsurance management across its dealership network Increased our collaboration with auto dealers, initially with Chang'an Deepal.
Neutral
Business Wire
1 month ago
SunCar Technology Group Inc. Schedules Full-Year 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, will release its financial results for the full year 2024 on Monday, April 28 after the market closes. SunCar will host a conference call the following day on Tuesday, April 29th at 8:00 AM ET (5:00 AM PT) with the investment community to discuss the Company's financial results and provide a busin.
Neutral
PRNewsWire
2 months ago
SunCar Technology Wins Bid to Provide Smart Car Wash Services for Agricultural Bank of China Sichuan Branch
NEW YORK , March 31, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has been awarded a contract to provide car wash and smart car wash concierge services for personal clients of the Sichuan Branch of Agricultural Bank of China (ABC). This milestone strengthens SunCar's strategic partnership with ABC and demonstrates their continued collaboration to enhance customer service through innovative, technology-driven solutions.
Neutral
PRNewsWire
2 months ago
SunCar Technology Expands Strategic Partnership with Ping An Bank
NEW YORK , March 18, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced a significant expansion of its strategic partnership with Ping An Bank. The enhanced partnership builds upon their existing relationship, which began in 2017.
Neutral
PRNewsWire
3 months ago
SunCar Wins Contract to Build Insurance Platform for Major EV Maker Leapmotor
NEW YORK , March 10, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has secured a contract to develop and operate the insurance management platform for Leapmotor (09863.HK), one of China's fastest-growing electric vehicle manufacturers. The system will be integrated into Leapmotor's mobile app ecosystem, handling insurance issuance, claims processing, and accident services.
Neutral
PRNewsWire
3 months ago
SunCar Partners with Visa to Empower ICBC Cardholder Benefits in China's Affluent Consumer Market
NEW YORK , March 3, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced its selection as the exclusive provider for the Visa Concierge Car Service Project , establishing a pivotal partnership with global payments leader Visa. This strategic alliance positions SunCar to deliver premium airport and high-speed rail transfer services to Industrial and Commercial Bank of China's (ICBC) high-net-worth cardholders nationwide, opening significant new revenue channels in China's lucrative premium services market.
Neutral
PRNewsWire
3 months ago
SunCar Technology Addresses National Automotive Circulation Industry Forum, Showcasing Digital Solutions for Dealers
NEW YORK , Feb. 25, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, participated in the National Automotive Circulation Industry New Year Forum and Consumer Promotion Conference in Beijing. The Company, serving as a vice president unit of the National Automotive Circulation Industry Association, was represented by Vice President Gu Saiye, who delivered a keynote address highlighting SunCarOnline's technological solutions that help dealers enhance customer retention, renewal rates, and profitability.
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