Cango (CANG) Stock Price, News & Analysis

Company Overview

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. Through strategic partnerships with banks, consumer finance companies and insurance carriers, the company designs and distributes tailored financial products to meet the diverse needs of car buyers. In addition, Cango provides digital marketing and customer relationship management services to original equipment manufacturers (OEMs) and dealer networks, helping partners optimize inventory turnover and enhance customer engagement.

Founded in 2010, Cango expanded rapidly across China’s automotive market before completing a U.S. initial public offering on the New York Stock Exchange in November 2017 under the ticker “CANG.” Today, the company’s integrated platform serves customers in hundreds of cities nationwide, supporting both first‐time car buyers and repeat customers. Cango continues to invest in technology and risk management capabilities to strengthen its credit evaluation processes and drive innovation in China’s automotive aftermarket.

Key Stats

• Today's Range: $4.75 to $4.92
• 50-Day Range: $4.03 to $5.52
• 52-Week Range: $1.55 to $9.66
• Volume: 665,647 shs
• Average Volume: 598,632 shs
• Market Capitalization: $499.91 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.00
• Consensus Rating: Hold

Cango Stock Analysis - MarketRank™

Cango scored higher than 43% of companies evaluated by MarketBeat, and ranked 453rd out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

Cango has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.

Upside Potential

Cango has a consensus price target of $8.00, representing about 66.1% upside from its current price of $4.82.

Amount of Analyst Coverage

Cango has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cango is -1.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cango is -1.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Cango has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.58% of the outstanding shares of Cango have been sold short.

Short Interest Ratio / Days to Cover

Cango has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cango has recently increased by 24.24%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Cango does not currently pay a dividend.

Dividend Growth

Cango does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.58% of the outstanding shares of Cango have been sold short.

Short Interest Ratio / Days to Cover

Cango has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cango has recently increased by 24.24%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.22

News Sentiment

Cango has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Cango this week, compared to 3 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cango insiders have not sold or bought any company stock.

Percentage Held by Insiders

29.10% of the stock of Cango is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.22% of the stock of Cango is held by institutions.

CANG Stock Analysis - Frequently Asked Questions

How have CANG shares performed this year?

Cango's stock was trading at $4.40 on January 1st, 2025. Since then, CANG stock has increased by 9.5% and is now trading at $4.8170.

How were Cango's earnings last quarter?

Cango Inc. Sponsored ADR (NYSE:CANG) issued its quarterly earnings results on Thursday, March, 6th. The company reported $0.07 earnings per share for the quarter. The firm earned $91.52 million during the quarter. Cango had a negative trailing twelve-month return on equity of 2.37% and a negative net margin of 80.60%.
Read the conference call transcript.

How will Cango's stock buyback program work?

Cango's board authorized a stock repurchase program on Thursday, March 13th 2025, which allows the company to repurchase $0 in outstanding shares, according to EventVestor. This allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's management believes its stock is undervalued.

When did Cango IPO?

Cango (CANG) raised $138 million in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 12,500,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) served as the underwriters for the IPO.

How do I buy shares of Cango?

Shares of CANG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Cango own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cango investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), PayPal (PYPL) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 3/06/2025
• Today: 10/06/2025
• Next Earnings (Estimated): 11/03/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: INTERNET SERVICES
• Sub-Industry: Computer Software
• Current Symbol: NYSE:CANG
• CIK: 1725123
• Web: www.cangoonline.com
• Phone: 862131835088
• Fax: N/A
• Employees: 2,350
• Year Founded: 2010

Price Target and Rating

• Average Price Target for Cango: $8.00
• High Price Target: $8.00
• Low Price Target: $8.00
• Potential Upside/Downside: +65.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.88)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $41.07 million
• Net Margins: -80.60%
• Pretax Margin: -50.87%
• Return on Equity: -2.37%
• Return on Assets: -1.54%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.64
• Quick Ratio: 1.64

Sales & Book Value

• Annual Sales: $110.21 million
• Price / Sales: 4.54
• Cash Flow: $0.53 per share
• Price / Cash Flow: 9.07
• Book Value: $5.39 per share
• Price / Book: 0.90

Miscellaneous

• Outstanding Shares: 103,780,000
• Free Float: 73,582,000
• Market Cap: $500.74 million
• Optionable: Not Optionable
• Beta: 0.72