Go Pro
NYSE:CANG

Cango (CANG) Stock Price, News & Analysis

Cango logo
$1.86 +0.02 (+1.03%)
As of 01:15 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Cango Stock (NYSE:CANG)

Advanced

Key Stats

Today's Range
$1.83
$2.00
50-Day Range
$1.42
$2.53
52-Week Range
$1.36
$21.00
Volume
154,324 shs
Average Volume
176,328 shs
Market Capitalization
$33.03 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
66th Percentile Overall Score

CANG MarketRank™: 

Cango scored higher than 66% of companies evaluated by MarketBeat, and ranked 337th out of 603 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 1,474.8% upside from its current price of $1.91.

  • 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 -0.08, 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 -0.08, 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 0.09. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.17% 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 2.13, 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 28.82%, 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.

  • Read more about Cango's 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 0.88 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Cango this week, compared to 3 articles on an average week.
  • 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.
Receive CANG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cango and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

CANG Stock News Headlines

Cango Inc. Q2 Loss Increases
MILLIONAIRE MASTERCLASS INVITE: Altucher
James Altucher says Elon Musk is preparing an unprecedented project set to surface on September 25. Altucher is hosting a free masterclass revealing what he says is locked inside a sealed briefcase detailing Musk's plans. Attendees who join early can also access a $1,000 bonus offer included with the presentation.tc pixel
Cango Inc. (CANG) Q2 2026 Earnings Call Transcript
Cango (CANG) Projected to Announce Earnings on Monday
See More Headlines

CANG Stock Analysis - Frequently Asked Questions

Cango's stock was trading at $14.90 at the start of the year. Since then, CANG shares have decreased by 87.2% and is now trading at $1.9050.

Cango Inc. Sponsored ADR (NYSE:CANG) announced its quarterly earnings data on Monday, August, 31st. The company reported ($1.99) EPS for the quarter, missing analysts' consensus estimates of ($0.90) by $1.09. The company earned $50.78 million during the quarter, compared to the consensus estimate of $60.02 million. Cango had a negative net margin of 107.22% and a negative trailing twelve-month return on equity of 136.63%.
Read the conference call transcript
.

Cango shares 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 market closes 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 of Directors authorized a share repurchase program on Thursday, March 13th 2025, which authorizes the company to buy back $0 in shares, according to EventVestor. This authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are 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) 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
8/31/2026
Today
9/02/2026
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
+1,474.8%
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
-106.07%
Return on Equity
-136.63%
Return on Assets
-62.12%

Debt

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

Sales & Book Value

Annual Sales
$556.87 million
Price / Sales
0.06
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$22.35 per share
Price / Book
0.09

Miscellaneous

Outstanding Shares
17,767,000
Free Float
12,597,000
Market Cap
$33.85 million
Optionable
Not Optionable
Beta
1.20
The 10 Best High-Yield Dividend Stocks for 2026 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report

This page (NYSE:CANG) was last updated on 9/2/2026 by MarketBeat.com Staff.
From Our Partners