Brokers Set Expectations for SDA FY2026 Earnings

SunCar Technology Group Inc. (NASDAQ:SDA - Free Report) - Investment analysts at Zacks Small Cap issued their FY2026 earnings per share estimates for SunCar Technology Group in a research note issued on Wednesday, April 30th. Zacks Small Cap analyst T. Kerr expects that the company will earn $0.35 per share for the year. The consensus estimate for SunCar Technology Group's current full-year earnings is $0.11 per share.

SunCar Technology Group Stock Performance

SDA traded down $0.01 during trading on Thursday, hitting $2.79. 44,339 shares of the company's stock traded hands, compared to its average volume of 337,695. The company's 50 day simple moving average is $3.75 and its two-hundred day simple moving average is $7.05. SunCar Technology Group has a 12-month low of $2.41 and a 12-month high of $11.74.

Hedge Funds Weigh In On SunCar Technology Group

Hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets purchased a new stake in SunCar Technology Group during the fourth quarter worth $69,000. Marshall Wace LLP purchased a new position in shares of SunCar Technology Group during the 4th quarter worth $100,000. State Street Corp increased its holdings in SunCar Technology Group by 33.5% in the 3rd quarter. State Street Corp now owns 15,461 shares of the company's stock valued at $170,000 after purchasing an additional 3,877 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of SunCar Technology Group by 4.8% in the third quarter. Geode Capital Management LLC now owns 24,434 shares of the company's stock valued at $269,000 after acquiring an additional 1,116 shares in the last quarter. Finally, XTX Topco Ltd increased its stake in SunCar Technology Group by 21.7% in the fourth quarter. XTX Topco Ltd now owns 26,773 shares of the company's stock valued at $258,000 after purchasing an additional 4,767 shares during the last quarter. Hedge funds and other institutional investors own 0.26% of the company's stock.

SunCar Technology Group Company Profile

SunCar Technology Group Inc, through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business.