HC Wainwright Weighs in on Cango’s Q2 Earnings (NYSE:CANG)

Cango Inc. Sponsored ADR (NYSE:CANG) – Equities researchers at HC Wainwright issued their Q2 2025 EPS estimates for Cango in a research report issued to clients and investors on Wednesday, July 23rd. HC Wainwright analyst K. Dede anticipates that the company will post earnings per share of ($0.08) for the quarter. HC Wainwright currently has a “Buy” rating and a $8.00 target price on the stock. HC Wainwright also issued estimates for Cango’s Q3 2025 earnings at ($0.28) EPS, Q4 2025 earnings at ($0.29) EPS, FY2025 earnings at ($0.99) EPS and FY2026 earnings at ($1.16) EPS.

Cango Price Performance

NYSE CANG opened at $4.81 on Monday. The company’s 50 day simple moving average is $4.90 and its two-hundred day simple moving average is $4.38. Cango has a 1 year low of $1.40 and a 1 year high of $9.66. The stock has a market capitalization of $498.66 million, a PE ratio of -240.13 and a beta of 0.70.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CANG. Electron Capital Partners LLC purchased a new position in Cango in the 4th quarter worth approximately $5,895,000. HCEP Management Ltd bought a new stake in shares of Cango during the 4th quarter worth $1,738,000. Cetera Investment Advisers grew its position in Cango by 102.0% in the first quarter. Cetera Investment Advisers now owns 115,361 shares of the company’s stock worth $437,000 after acquiring an additional 58,240 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new position in Cango in the fourth quarter valued at $463,000. Finally, Invesco Ltd. purchased a new stake in Cango during the first quarter valued at about $343,000. Institutional investors own 4.22% of the company’s stock.

Cango Company Profile

Cango Inc operates an automotive transaction service platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, insurance brokers, and companies in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, transaction facilitation, logistics, and warehousing support for dealers through Cango Haoche app that offers new car transaction services, and Cango U-Car app that offers used-car transaction services.