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Cango (CANG) Stock Price, News & Analysis

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$1.64 -0.03 (-1.80%)
As of 08/10/2026 03:58 PM Eastern

About Cango Stock (NYSE:CANG)

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Key Stats

Today's Range
$1.60
$1.74
50-Day Range
$1.42
$4.03
52-Week Range
$1.36
$21.00
Volume
28,665 shs
Average Volume
105,407 shs
Market Capitalization
$29.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.00
Consensus Rating
Moderate Buy

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.

AI Generated. May Contain Errors.

Cango Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
70th Percentile Overall Score

CANG MarketRank™: 

Cango scored higher than 70% of companies evaluated by MarketBeat, and ranked 250th out of 596 stocks in the 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 $30.00, representing about 1,729.3% upside from its current price of $1.64.

  • Amount of Analyst Coverage

    Cango has only been the subject of 2 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 ($7.10) to $0.70 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cango is -0.05, 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 -0.05, 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 0.07. 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

    29.76% 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 5.39.
  • Change versus previous month

    Short interest in Cango has recently decreased by 5.48%, indicating that investor sentiment is improving 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 140.00% 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 2.00. 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 higher news sentiment than the 0.61 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Cango this week, compared to 3 articles on an average week.
  • Search Interest

    Only 1 people have searched for CANG on MarketBeat in the last 30 days. This is a decrease 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

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See More Headlines

CANG Stock Analysis - Frequently Asked Questions

Cango's stock was trading at $14.90 at the beginning of 2026. Since then, CANG shares have decreased by 89.0% and is now trading at $1.64.

Cango Inc. Sponsored ADR (NYSE:CANG) posted its earnings results on Monday, June, 1st. The company reported ($0.73) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.54. The company had revenue of $102 million for the quarter, compared to the consensus estimate of $100.41 million. Cango had a negative net margin of 125.53% and a negative trailing twelve-month return on equity of 105.01%.
Read the conference call transcript
.

Cango's stock reverse split on the morning of Tuesday, July 21st 2026.A 1-10 reverse split was announced. The number of shares owned by shareholders was adjusted after the closing bell on Monday, July 20th 2026. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

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

Cango (CANG) raised $44 million in an initial public offering (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) served 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
6/01/2026
Today
8/11/2026
Next Earnings (Estimated)
9/03/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

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

Price Target and Rating

High Price Target
$30.00
Low Price Target
$30.00
Potential Upside/Downside
+1,729.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
($35.60)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$621.95 million
Net Margins
-125.53%
Pretax Margin
-106.07%
Return on Equity
-105.01%
Return on Assets
-51.46%

Debt

Debt-to-Equity Ratio
0.15
Current Ratio
1.00
Quick Ratio
1.00

Sales & Book Value

Annual Sales
$688.08 million
Price / Sales
0.04
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$22.35 per share
Price / Book
0.07

Miscellaneous

Outstanding Shares
17,770,000
Free Float
12,597,000
Market Cap
$29.14 million
Optionable
Not Optionable
Beta
1.11
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This page (NYSE:CANG) was last updated on 8/11/2026 by MarketBeat.com Staff.
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