
CANG Stock Forecast & Price Target
CANG Analyst Ratings
Bulls say
Cango Inc. has demonstrated impressive financial momentum, reporting a 61% increase in revenue for the third quarter of 2025, reaching $224.6 million compared to $139.8 million in the previous quarter. The company has improved its operational efficiency significantly, achieving a hash rate of 43.7 Eh/s, or 87% efficiency, as of the end of August, which contributes to a positive operational outlook. With a forecasted revenue increase to $745.1 million for 2026 and ongoing investments in tailored mining equipment to enhance performance, Cango’s strategic positioning in the bitcoin mining sector offers strong growth potential.
Bears say
Cango Inc. faces a negative outlook primarily due to a significant reduction in revenue forecasts, with 2025 sales estimates down to $631.4 million from previously anticipated figures, reflecting a decline in the company's operational performance in the bitcoin mining sector. The company's reliance on a depressed multiplier of 1.6x against a $745 million FY26 revenue estimate is indicative of the broader challenges within the bitcoin mining industry, further compounded by degrading mining economics that now see costs exceed spot prices. Additionally, regulatory uncertainties and potential dilution highlight the fragility of Cango's equity, making it vulnerable to abrupt market shocks.
This aggregate rating is based on analysts' research of Cango Inc - ADR and is not a guaranteed prediction by Public.com or investment advice.
CANG Analyst Forecast & Price Prediction
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