Cango (CANG) Stock Price, News & Analysis

Company Overview

Cango Inc. is a China-based technology company that historically operated an automotive transaction and financial services platform. Through its platform, the company connected consumers, automobile dealers, financial institutions and other participants in the vehicle market, supporting services related to vehicle purchases, sales and financing.

Cango’s automotive business primarily served users and industry partners in China. Its services included online tools for automobile transactions, assistance with auto-loan facilitation and related services intended to improve the efficiency of vehicle purchases and financing.

In 2024, Cango announced a strategic expansion into cryptocurrency mining through the acquisition of bitcoin-mining equipment. As a result, the company’s business profile has increasingly included digital-asset mining alongside its historical automotive-platform operations. Cango is headquartered in China and is listed on the New York Stock Exchange under the symbol CANG.

Key Stats

• Today's Range: $1.45 to $1.56
• 50-Day Range: $0.92 to $3.83
• 52-Week Range: $0.88 to $21.00
• Volume: 228,474 shs
• Average Volume: 484,970 shs
• Market Capitalization: $26.21 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $30.00
• Consensus Rating: Hold

Cango Stock Analysis - MarketRank™

Cango scored higher than 70% of companies evaluated by MarketBeat, and ranked 372nd out of 597 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Hold

Consensus Rating

Cango has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 strong buy rating, 1 buy rating, no hold ratings, and 2 sell ratings.

Upside Potential

Cango has a consensus price target of $30.00, representing about 1,777.3% upside from its current price of $1.60.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Cango are expected to grow in the coming year, from ($8.39) to ($0.14) per share.

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.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

10.26% 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 0.55, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cango has recently decreased by 10.74%, indicating that investor sentiment is improving 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.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Cango has a news sentiment score of 1.14. 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 0.63 average news sentiment score of Technology companies.

Search Interest

Only 2 people have searched for CANG on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

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

Company Ownership

• Score: 0.8 / 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

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

Company Calendar

• Last Earnings: 9/01/2026
• Today: 11/13/2026
• Next Earnings (Estimated): 12/07/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NYSE:CANG
• CIK: 1725123
• Web: www.cangoonline.com
• Phone: 862131835088
• Fax: N/A
• Employees: 96
• Year Founded: 2010

Price Target and Rating

• Average Price Target for Cango: $30.00
• High Price Target: $30.00
• Low Price Target: $30.00
• Potential Upside/Downside: +1,933.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($23.79)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$621.95 million
• Net Margins: -107.22%
• Pretax Margin: -105.58%
• Return on Equity: -165.48%
• Return on Assets: -75.08%

Debt

• Debt-to-Equity Ratio: 0.32
• 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: $26.21 million
• Optionable: Optionable
• Beta: 1.29