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Cango (CANG) Projected to Post Earnings on Thursday

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Key Points

  • Cango (CANG) is expected to report its Q2 2025 earnings on September 4, 2025, with analysts projecting a loss of ($0.08) per share.
  • The company has a current stock price of $4.90, with a 52-week range between $1.40 and $9.66, and a market capitalization of approximately $508.11 million.
  • HC Wainwright has initiated coverage on Cango with a buy rating and a target price of $8.00, reflecting positive sentiment among analysts.
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Cango (NYSE:CANG - Get Free Report) is anticipated to release its Q2 2025 results before the market opens on Thursday, September 4th. Analysts expect Cango to post earnings of ($0.08) per share for the quarter. Interested persons may review the information on the company's upcoming Q2 2025 earningreport for the latest details on the call scheduled for Thursday, September 4, 2025 at 9:00 PM ET.

Cango Stock Performance

Shares of CANG stock opened at $4.90 on Thursday. Cango has a 52-week low of $1.40 and a 52-week high of $9.66. The company has a market capitalization of $508.11 million, a PE ratio of -244.68 and a beta of 0.74. The business's fifty day moving average is $4.89 and its 200 day moving average is $4.40.

Analyst Upgrades and Downgrades

Separately, HC Wainwright started coverage on Cango in a research report on Wednesday, July 23rd. They set a "buy" rating and a $8.00 price target on the stock. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $8.00.

Get Our Latest Analysis on CANG

Institutional Trading of Cango

A hedge fund recently bought a new stake in Cango stock. Jump Financial LLC bought a new position in Cango Inc. Sponsored ADR (NYSE:CANG - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 50,819 shares of the company's stock, valued at approximately $246,000. Institutional investors own 4.22% of the company's stock.

About Cango

(Get Free Report)

Cango Inc operates an automotive transaction service platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, insurance brokers, and companies in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, transaction facilitation, logistics, and warehousing support for dealers through Cango Haoche app that offers new car transaction services, and Cango U-Car app that offers used-car transaction services.

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Earnings History for Cango (NYSE:CANG)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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