Cango (CANG) Stock Price, News & Analysis

Company Overview

Cango Inc. is a technology company that historically operated an automotive transaction and service platform in China. Its platform connected consumers, automobile dealers, financial institutions, insurers and other participants in the vehicle market, supporting services related to vehicle purchases, financing, insurance and ownership.

Founded in 2010 and headquartered in Shanghai, Cango developed its business primarily for the Chinese automotive market. The company’s services were designed to help dealers and consumers complete automotive transactions while providing access to related financial and insurance products.

In 2024, Cango announced a strategic expansion into digital-asset infrastructure through the acquisition of bitcoin-mining equipment and related operations. As a result, the company’s business profile has evolved beyond its historical automotive platform, with digital-asset mining becoming an important part of its corporate strategy.

Key Stats

• Today's Range: $2.20 to $2.80
• 50-Day Range: $1.42 to $2.67
• 52-Week Range: $1.36 to $21.00
• Volume: 1.48 million shs
• Average Volume: 608,506 shs
• Market Capitalization: $47.42 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $30.00
• Consensus Rating: Moderate Buy

Cango Stock Analysis - MarketRank™

Cango scored higher than 67% of companies evaluated by MarketBeat, and ranked 327th out of 595 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: 3.7 / 5
• Analyst Rating: Moderate Buy

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 1,024.0% upside from its current price of $2.67.

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 ($7.10) to $0.70 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cango is -0.11, 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 -0.11, 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 0.12. 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

3.37% 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 0.51, 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 55.32%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

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 and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.54

News Sentiment

Cango has a news sentiment score of 0.54. 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 news sentiment score is similar to the average news sentiment of Technology companies.

News Coverage This Week

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

Search Interest

1 people have searched for CANG on MarketBeat in the last 30 days.

MarketBeat Follows

1 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: 8/31/2026
• Today: 9/21/2026
• 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: 2,350
• 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: +1,024.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• 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: $556.87 million
• Price / Sales: 0.09
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $22.35 per share
• Price / Book: 0.12

Miscellaneous

• Outstanding Shares: 17,767,000
• Free Float: 12,597,000
• Market Cap: $47.42 million
• Optionable: Not Optionable
• Beta: 1.20