Cango (CANG)

• Market cap: $812M
• 1 day: 0%
• 5 days: -10.37%
• 1 month: -7.85%
• 3 months: -7.66%
• 6 months: 37.95%
• Year to date: -8.76%
• 1 year: 193.59%
• 5 years: -12.09%
• 10 years: -67.05%
• Sector: Financials
• Industry: Capital Markets

About: Cango Inc through its subsidiaries, variable interest entities (VIEs), and subsidiaries of the VIEs, are principally engaged in the bitcoin mining business, and the automobile trading transaction, automotive financing facilitation, and aftermarket service facilitation businesses (collectively, the automobile and related businesses). The Company conducts the bitcoin mining business mainly through its subsidiaries, and the automobile and associated businesses are conducted through the Company's VIEs and the subsidiaries of the VIEs. The company derives the majority of its revenue from the bitcoin mining business.

Employees: 217

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

117% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 6

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

30% more capital invested

Capital invested by funds: $30.4M [Q1] → $39.4M (+$8.99M) [Q2]

12% more funds holding

Funds holding: 34 [Q1] → 38 (+4) [Q2]

6.11% more ownership

Funds ownership: 5.95% [Q1] → 12.06% (+6.11%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $8
• Avg. target: $8
• High target: $8

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Kevin Dede

$8

Buy Reiterated

5 Sep 2025