Cango Inc. (CANG)
| Market Cap | 109.53M |
| Revenue (ttm) | 556.87M +40.5% |
| Net Income | -597.07M |
| EPS | -16.14 |
| Shares Out | 41.02M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,531,594 |
| Open | 2.600 |
| Previous Close | 2.550 |
| Day's Range | 2.463 - 2.800 |
| 52-Week Range | 1.360 - 21.000 |
| Beta | 0.15 |
| Analysts | Strong Buy |
| Price Target | 6.25 (+134.08%) |
| Earnings Date | Aug 31, 2026 |
About CANG
Cango Inc. operates bitcoin mining business with mining operations across North America, the Middle East, South America, and East Africa. It also operates an online international used car export business through AutoCango.com. Cango Inc. was founded in 2010 and is headquartered in Dallas, Texas.
Financial Performance
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for CANG stock is "Strong Buy." The 12-month stock price target is $6.25, which is an increase of 134.08% from the latest price.
News
Cango initiated with a Buy at Jones
Jones initiated coverage of Cango (CANG) with a Buy rating and $4 price target
Cango’s EcoHash begins commercial GPU compute services at Georgia facility
Cango (CANG) announced that its high-performance computing and AI inference subsidiary, EcoHash Technology, has completed key operational and commercial milestones for its AI compute business. EcoHash...
Cango Inc.'s AI Subsidiary, EcoHash, Announces Operational Milestones: Completes Dedicated AI Infrastructure Modification at Georgia Facility and Begins Commercial GPU Compute Services Using First Batch of GPU Servers
DALLAS, Sept. 3, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platfo...
Cango Inc. Regains Compliance with NYSE Minimum Share Price Requirement
DALLAS, Sept. 3, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that it has received written notification from the New York Stock Exchange ("NYSE") confirming ...
Cango Earnings Call Transcript: Q2 2026
Revenue fell 50% sequentially to $50.8M due to a planned mining scale-back, with a net loss of $81.6M driven by non-cash impairments. AI infrastructure commercialization began post-Q2, with initial revenue expected in Q3.
Cango Earnings release: Q2 2026
Cango released its Q2 2026 earnings on August 31, 2026, summarizing the period's financial results.
Cango Slides: Q2 2026
Cango has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 31, 2026.
Cango Inc. Reports Second Quarter 2026 Unaudited Financial Results
DALLAS, Aug. 31, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platfo...
Cango Inc. to Report Second Quarter 2026 Financial Results on August 31, 2026, Eastern Time
DALLAS, Aug. 25, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platfo...
Cango effects 10-for-1 share consolidation
Cango (CANG) announced that the share consolidation of its authorized, issued and outstanding Class A ordinary shares and Class B ordinary shares on a 10-for-1 ratio became effective at 5:00…
Cango Inc. Announces Effectiveness of 10-for-1 Share Consolidation
DALLAS, July 21, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that the share consolidation of its authorized, issued and outstanding Class A ordinary shares ...
Cango Inc. Announces Effective Date and Ratio for Share Consolidation
DALLAS, July 10, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that, pursuant to the authorization granted by the Company's shareholders at the extraordinary ...
Cango management to meet with Maxim
Meeting to be held on June 29-30 hosted by Maxim.
Cango Inc. Announces Results of Extraordinary General Meeting
DALLAS, June 24, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced the results of its extraordinary general meeting of shareholders ("EGM") held on June 24, 2026....
Cango mines 237.59 bitcoin in May
Cango (CANG) announced its operational update for May.
Cango Inc. Announces May 2026 Operational and Fleet Optimization Update
DALLAS, June 10, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platfo...
Cango Earnings Call Transcript: Q1 2026
Q1 2026 saw a 43% revenue drop and a $261.1M net loss, mainly due to Bitcoin price declines and impairment charges. The company is prioritizing cost efficiency, fleet upgrades, and AI infrastructure pilots, with new revenue from AI expected in H2 2026.
Cango Earnings release: Q1 2026
Cango released its Q1 2026 earnings on May 31, 2026, summarizing the period's financial results.
Cango Slides: Q1 2026
Cango has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 31, 2026.
Cango reports Q1 EPS (73c) vs (16c)
Reports Q1 revenue $102M vs $144M last year. Paul Yu, Chief Executive Officer of Cango (CANG), said, “We are executing a disciplined strategy to strengthen our mining foundation while advancing…
Cango Inc. Reports First Quarter 2026 Unaudited Financial Results
DALLAS, May 31, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platfor...
Cango Inc. to Report First Quarter 2026 Financial Results on May 31, 2026, Eastern Time
DALLAS, May 28, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platfor...
Cango Inc. Announces April 2026 Operational and Fleet Optimization Update; Continuing Strategic Fleet Modernization and Enhancing Production Efficiency
DALLAS, May 8, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform...
Cango CFO Yongyi Zhang resigns, Simon Ming Yeung Tang succeeds
Cango (CANG) announced that Simon Ming Yeung Tang, who most recently served as the chief investment officer of the company, has been appointed as a director and the chief financial…
Cango Inc. Announces New CFO and Change of Director
DALLAS, April 22, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that Mr. Simon Ming Yeung Tang, who most recently served as the chief investment officer of th...