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Date | Price Target | Rating | Analyst |
---|---|---|---|
12/30/2024 | $12.00 | Buy | BTIG Research |
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 2023Adjusted EBITDA for 2024 increased 492% to $9.8 million, compared to $1.6 million in 2023Expanded collaboration with Tesla to 48 cities from an initial 6 at the start of the yearInitiated an innovative partnership with Xiaomi to offer customized insurance productsSecured a two-year agre
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 business update. Investors may submit written questions by Monday, April 28 via e-mail to: [email protected] To access the call by phone, please dial 1-877-407-0752 (international callers please dial 1-201-389-0912) approximately
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. Building on the success of their previous cooperation, with ABC's Heilongjiang branch, this new initiative will deliver premiu
BTIG Research initiated coverage of SunCar Technology Group with a rating of Buy and set a new price target of $12.00
20-F - SunCar Technology Group Inc. (0001936804) (Filer)
6-K - SunCar Technology Group Inc. (0001936804) (Filer)
6-K - SunCar Technology Group Inc. (0001936804) (Filer)
NEW YORK, Jan. 21, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ:SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, today announced the appointment of Mr. Breaux Walker as the Company's Chief Strategy Officer (CSO), effective January 13, 2025. Mr. Walker brings over 25 years of extensive experience in business development, corporate finance, and cross-border transactions, particularly within the technology and fintech sectors. He joined SunCar in March 2024 as Consulting General Manager for North America, where he successfully contributed to the Company's strategic growth initiatives. Prior to joining SunCar, Mr.
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 2023Adjusted EBITDA for 2024 increased 492% to $9.8 million, compared to $1.6 million in 2023Expanded collaboration with Tesla to 48 cities from an initial 6 at the start of the yearInitiated an innovative partnership with Xiaomi to offer customized insurance productsSecured a two-year agre
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 business update. Investors may submit written questions by Monday, April 28 via e-mail to: [email protected] To access the call by phone, please dial 1-877-407-0752 (international callers please dial 1-201-389-0912) approximately
Adjusted EBITDA Increased to $6.4 Million for the First Half of 2024 Conference Call and Webcast on September 16th at 8 AM ET NEW YORK, Sept. 16, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), an innovative leader in cloud-based B2B software-focused auto services and auto e-insurance in China, today provided a business update and reported financial results for the first half of fiscal year 2024. First Half 2024 Financial Results Total revenue increased by 27% to $203.1 million for the six months ended June 30, 2024, from $159.4 million for the six months ended June 30, 2023.Auto Services ' revenue increased by 9% to $107.5 million for the six mo