Cango (CANG) Expected to Post Quarterly Earnings on Monday

Cango (NYSE:CANG) will likely be announcing its Q2 2026 results after the market closes on Monday, August 31st. Analysts expect the company to post earnings of ($0.90) per share and revenue of $60.0150 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Monday, August 31, 2026 at 9:00 PM ET.

Cango (NYSE:CANG) last released its quarterly earnings results on Monday, June 1st. The company reported ($0.73) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.54). The firm had revenue of $102.00 million during the quarter, compared to the consensus estimate of $100.41 million. Cango had a negative net margin of 125.53% and a negative return on equity of 105.01%. On average, analysts expect Cango to post $-7 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cango Stock Performance

Shares of CANG opened at $2.18 on Friday. The company has a market capitalization of $38.74 million, a PE ratio of -0.06 and a beta of 1.11. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.00 and a quick ratio of 1.00. Cango has a one year low of $1.36 and a one year high of $21.00. The company’s fifty day moving average price is $1.95 and its 200 day moving average price is $4.13.

Hedge Funds Weigh In On Cango

Large investors have recently bought and sold shares of the stock. Marshall Wace LLP bought a new stake in Cango in the 4th quarter valued at $1,677,000. CI Investments Inc. increased its holdings in shares of Cango by 206.7% during the 4th quarter. CI Investments Inc. now owns 105,456 shares of the company’s stock worth $158,000 after purchasing an additional 71,076 shares during the period. Jump Financial LLC bought a new position in shares of Cango during the 2nd quarter worth about $246,000. Finally, BNP Paribas Financial Markets increased its holdings in shares of Cango by 34.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 15,923 shares of the company’s stock worth $68,000 after purchasing an additional 4,082 shares during the period. 4.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on CANG. Wall Street Zen raised Cango to a “sell” rating in a research report on Saturday, July 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Cango in a research report on Friday, August 21st. Finally, Zacks Research upgraded Cango from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $30.00.

Cango Company Profile

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.