Cango (CANG) to Release Earnings on Wednesday

Key Points

• Cango will report Q1 2026 results after the market close on Wednesday, May 13; analysts expect EPS of ($0.34) and revenue of $102.217 million, with an earnings call scheduled for May 14 at 12:30 PM ET.
• In the prior quarter Cango badly missed estimates, posting ($1.60) EPS vs. ($0.27) expected, alongside a negative net margin of 83.92% and negative ROE of 49.13%; analysts forecast about ($1) EPS for the current fiscal year.
• Shares are trading near $0.47 (up 4.8%) with a market cap of roughly $84 million and a 52‑week range of $0.33–$2.10; despite weak fundamentals the consensus rating is Moderate Buy with a $3.00 price target.

Cango (NYSE:CANG - Get Free Report) is expected to post its Q1 2026 results after the market closes on Wednesday, May 13th. Analysts expect the company to announce earnings of ($0.34) per share and revenue of $102.2170 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, May 14, 2026 at 12:30 PM ET.

Cango (NYSE:CANG - Get Free Report) last posted its earnings results on Tuesday, March 17th. The company reported ($1.60) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.27) by ($1.33). Cango had a negative net margin of 83.92% and a negative return on equity of 49.13%. The business had revenue of $179.45 million for the quarter, compared to analyst estimates of $1.24 billion. On average, analysts expect Cango to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cango Stock Up 4.8%

Shares of CANG opened at $0.47 on Wednesday. Cango has a 52 week low of $0.33 and a 52 week high of $2.10. The company has a market capitalization of $84.22 million, a price-to-earnings ratio of -0.16 and a beta of 0.99. The stock's 50-day moving average price is $0.53 and its 200-day moving average price is $1.41. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.40.

Analyst Upgrades and Downgrades

CANG has been the subject of several analyst reports. HC Wainwright reiterated a "buy" rating and issued a $3.00 target price on shares of Cango in a research note on Tuesday, February 10th. Zacks Research upgraded Cango from a "strong sell" rating to a "hold" rating in a research report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Cango presently has a consensus rating of "Moderate Buy" and a consensus price target of $3.00.

Institutional Investors Weigh In On Cango

A number of hedge funds have recently modified their holdings of CANG. BNP Paribas Financial Markets raised its holdings in Cango by 34.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 15,923 shares of the company's stock valued at $68,000 after acquiring an additional 4,082 shares during the last quarter. CI Investments Inc. increased its stake in shares of Cango by 206.7% in the 4th quarter. CI Investments Inc. now owns 105,456 shares of the company's stock worth $158,000 after acquiring an additional 71,076 shares during the last quarter. Jump Financial LLC acquired a new stake in shares of Cango in the 2nd quarter worth $246,000. Finally, Marshall Wace LLP purchased a new position in shares of Cango during the 4th quarter worth $1,677,000. 4.22% of the stock is currently owned by institutional investors and hedge funds.

Cango Company Profile

Cango Inc (“Cango”) is a leading smart automotive transaction service provider in China, headquartered in Shanghai. The company operates an online‐to‐offline platform that integrates vehicle sourcing, financing, distribution and insurance, offering a comprehensive ecosystem for automakers, dealers and consumers. Leveraging big data analytics and cloud computing, Cango connects buyers and sellers through its proprietary digital infrastructure, facilitating transparent and efficient transactions across the automotive value chain.

Cango's core offerings include auto financing solutions for new and used vehicles, extended consumer loans and wealth management products.

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