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NYSE:CANG

Cango (CANG) Stock Price, News & Analysis

Cango logo
$0.49 -0.04 (-6.90%)
Closing price 03:59 PM Eastern
Extended Trading
$0.49 +0.00 (+0.82%)
As of 07:31 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Cango Stock (NYSE:CANG)

Advanced

Key Stats

Today's Range
$0.48
$0.52
50-Day Range
$0.34
$0.70
52-Week Range
$0.33
$2.10
Volume
694,864 shs
Average Volume
914,059 shs
Market Capitalization
$86.35 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.00
Consensus Rating
Moderate Buy

Company Overview

Cango Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
61st Percentile Overall Score

CANG MarketRank™: 

Cango scored higher than 61% of companies evaluated by MarketBeat, and ranked 346th out of 624 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cango has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, 1 buy rating, 1 hold rating, and 1 sell rating.

  • Upside Potential

    Cango has a consensus price target of $3.00, representing about 517.3% upside from its current price of $0.49.

  • Amount of Analyst Coverage

    Cango has only been the subject of 1 research reports in the past 90 days.

  • Read more about Cango's stock forecast and price target.
  • Earnings Growth

    Earnings for Cango are expected to grow in the coming year, from ($0.41) to $0.07 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cango is -0.16, 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 -0.16, 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 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Cango's valuation and earnings.
  • Percentage of Shares Shorted

    4.52% of the float of Cango has been sold short.
  • Short Interest Ratio / Days to Cover

    Cango has a short interest ratio ("days to cover") of 2.33, 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 7.12%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Cango does not currently pay a dividend.

  • Dividend Growth

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

  • Dividend Sustainability

    Based on EPS estimates, Cango will have a dividend payout ratio of 1,400.00% in the coming year. This indicates that Cango may not be able to sustain their current dividend.

  • News Sentiment

    Cango has a news sentiment score of 0.38. 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 0.51 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Cango this week, compared to 3 articles on an average week.
  • Search Interest

    6 people have searched for CANG on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Cango to their MarketBeat watchlist in the last 30 days.
  • 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

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

  • Read more about Cango's insider trading history.
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CANG Stock News Headlines

Cango (NYSE:CANG) Raised to Sell at Wall Street Zen
One filing just changed the SpaceX IPO forever
SpaceX just filed its S-1. The IPO is confirmed for June 12 - $75 billion, ticker SPCX, potentially the largest in history. The 21-bank syndicate has already locked up shares, so retail investors won't get access. But the S-1 exposed one publicly traded company Musk cannot operate without - and it's still cheap. Dylan Jovine is releasing the ticker free before June 12 changes the price.tc pixel
Cango Names Simon Ming Yeung Tang Finance Chief
Cango Inc. Announces New CFO and Change of Director
See More Headlines

CANG Stock Analysis - Frequently Asked Questions

Cango's stock was trading at $1.49 at the beginning of 2026. Since then, CANG stock has decreased by 67.4% and is now trading at $0.4860.

Cango Inc. Sponsored ADR (NYSE:CANG) posted its quarterly earnings data on Tuesday, March, 17th. The company reported ($1.60) EPS for the quarter, missing analysts' consensus estimates of ($0.27) by $1.33. The business earned $179.45 million during the quarter, compared to the consensus estimate of $1.24 billion. Cango had a negative net margin of 83.92% and a negative trailing twelve-month return on equity of 49.13%.
Read the conference call transcript
.

Cango's board authorized a share buyback plan on Thursday, March 13th 2025, which authorizes the company to buy back $0 in outstanding shares, according to EventVestor. This authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

Cango (CANG) raised $44 million in an IPO on Thursday, July 26th 2018. The company issued 4,000,000 shares at $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) acted as the underwriters for the IPO.

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.

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
3/17/2026
Today
5/22/2026
Next Earnings (Estimated)
5/22/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
INTERNET SERVICES
Sub-Industry
Computer Software
Current Symbol
NYSE:CANG
CIK
1725123
Fax
N/A
Employees
2,350
Year Founded
2010

Price Target and Rating

High Price Target
$3.00
Low Price Target
$3.00
Potential Upside/Downside
+517.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
($2.97)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$621.95 million
Net Margins
-83.92%
Pretax Margin
-65.68%
Return on Equity
-49.13%
Return on Assets
-24.42%

Debt

Debt-to-Equity Ratio
1.40
Current Ratio
0.71
Quick Ratio
0.71

Sales & Book Value

Annual Sales
$688.08 million
Price / Sales
0.13
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$2.23 per share
Price / Book
0.22

Miscellaneous

Outstanding Shares
177,670,000
Free Float
125,966,000
Market Cap
$86.35 million
Optionable
Not Optionable
Beta
0.99
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This page (NYSE:CANG) was last updated on 5/22/2026 by MarketBeat.com Staff.
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