Cango Inc. (CANG)
| Market Cap | 134.96M |
| Revenue (ttm) | 645.93M +161.3% |
| Net Income | -850.83M |
| EPS | -2.65 |
| Shares Out | 410.22M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,249,351 |
| Open | 0.3960 |
| Previous Close | 0.4170 |
| Day's Range | 0.3034 - 0.3960 |
| 52-Week Range | 0.3034 - 2.1000 |
| Beta | 0.15 |
| Analysts | Strong Buy |
| Price Target | 3.00 (+811.85%) |
| Earnings Date | May 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 $3.0, which is an increase of 811.85% from the latest price.
News
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...
Cango's HPC and AI Inference Subsidiary, EcoHash, Begins Commercial Operations
DALLAS, April 13, 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 platf...
Cango Inc. Filed Its Annual Report on Form 20-F
DALLAS, April 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 platf...
Cango announces operational update for March
Cango (CANG) announced its operational update for March. Cango is strategically optimizing its mining operations to prioritize cash margin over scale. This includes refining the mining fleet, decommis...
Cango Inc. Announces March 2026 Operational Update; Strategically Optimizing Mining Fleet and Improving Production Economics
DALLAS, April 8, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its ope...
Cango Inc. Completes US$65 Million Strategic Investment and Secures US$10 Million Convertible Note Financing to Strengthen Financial Position and Drive AI and Energy Expansion
DALLAS, April 1, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced two sig...
Cango receives non-compliance letter from NYSE
Cango (CANG) announced that it has received a letter from the NYSE dated March 10, notifying the Company that it is not in compliance with the NYSE’s price criteria for…
Cango Inc. Receives Notice Regarding NYSE Continued Listing Standard
DALLAS, April 1, 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: Q4 2025
Revenue reached $688M in 2025, driven by Bitcoin mining, but net loss was $622M due to impairments and crypto price declines. Strategic shift to AI compute is underway, with pilot projects in Georgia and new capital raised to support this transition.
Cango Annual report: Q4 2025
Cango has published its Q4 2025 annual report on March 16, 2026.
Cango Earnings release: Q4 2025
Cango released its Q4 2025 earnings on March 16, 2026, summarizing the period's financial results.
Cango Slides: Q4 2025
Cango has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 16, 2026.
Cango Inc. Reports Fourth Quarter and Full Year 2025 Unaudited Financial Results
DALLAS, March 16, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, announced its unaudite...
Cango reports Q4 EPS (80c) vs. 1c last year
Reports Q4 revenue $179.5M vs. $89.8M last year. Mr. Paul Yu, Chief Executive Officer of Cango (CANG), said, “2025 marked our inaugural year as a Bitcoin miner, defined by swift…
Cango Inc. to Report Fourth Quarter and Full Year 2025 Financial Results
DALLAS, March 13, 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 platf...
Cango produces 454.83 bitcoin during February
Cango (CANG) published its key operations update February.
Cango Inc. Announces February 2026 Computing and Energy Operations Update
DALLAS, March 6, 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...