Canaan Inc. CAN
0.21 USD +0.01 (+3.14%)
At closeNov 5, 2026, 7:45 AM EST
0.21 0.00 -0.05%
Pre-market · Nov 5, 7:45 AM ET
0.201 Day range 0.2143
0.152 52-week range 1.28
- YTD
- -70.01%
- 1 year
- -83.96%
- Market cap
- 151.43M
- Revenue (ttm)
- 189.34M
- Profit margin
- -158.65%
- EPS (ttm)
- -0.45
- Shares out
- 267.51M
- Forward P/E
- -17.17
- YTD return
- -70.01%
- 1-year return
- -83.96%
- Volume
- 6.21M
- Avg volume
- 13.92M
- Open
- 0.203
- Previous close
- 0.2006
- Day's range
- 0.201 – 0.2143
- 52-week range
- 0.152 – 1.28
- Beta
- 3.07
- Analysts
- Strong Buy
- Price target
- 3.39 (+1536.7%)
- Earnings date
- Aug 15, 2024
5D -0.0162 (-7.26%)
Key statistics
- Enterprise value
- 7.16B
- PEG ratio
- 0.00
- Price / sales
- 3.14
- Price / book
- 1.39
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -2.70%
- Free cash flow
- -17.12M
- Total cash
- 70.13M
- Total debt
- 22.51M
- Return on equity
- -74.69%
- Short % of float
- 8.79%
- 50-day average
- 1.74
- 200-day average
- 1.23
Analyst view
Consensus: strong buy
Strong buy
Price target (mean) 3.39 +1536.7% upside
Now 0.2069
- Target (low)
- 2.73
- Target (mean)
- 3.39
- Target (high)
- 3.98
Ratings (0m) 4 4 buy · 0 hold · 0 sell
- Strong buy1
- Buy3
- Hold0
- Sell0
- Strong sell0
Next earnings
Aug 15, 2024
Expected Aug 15, 2024. Consensus EPS estimate -0.80.
Financials — quick view
CAN Revenue — quarterly 31.86M
CAN Net income — quarterly -97.61M
CAN EPS — quarterly -0.145
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 20, 2024 | Sep 1, 2024 | -0.15 | -0.27 | -0.12 | -80.00% |
| Aug 15, 2024 | Jun 1, 2024 | -0.30 | -0.15 | +0.15 | +50.00% |
| Aug 15, 2024 | Jun 1, 2024 | -0.30 | — | — | — |
| May 17, 2024 | Mar 1, 2024 | -0.60 | — | — | — |
| May 17, 2024 | Mar 1, 2024 | -0.60 | -0.16 | +0.44 | +73.33% |
| Feb 27, 2024 | Dec 1, 2023 | -0.30 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Dec 6, 2024 | Rosenblatt | main | Buy | Buy |
| Nov 21, 2024 | HC Wainwright & Co. | reit | Buy | Buy |
| Sep 18, 2024 | B. Riley Securities | init | — | Buy |
| Sep 11, 2024 | Rosenblatt | init | — | Buy |
| Aug 16, 2024 | HC Wainwright & Co. | reit | Buy | Buy |
| May 20, 2024 | HC Wainwright & Co. | reit | Buy | Buy |
About Canaan Inc.
Canaan Inc. engages in the research, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of artificial intelligence products, as well as mining business. The company has operations in the United States, Australia, Kazakhstan, Canada, Indonesia, Mainland China, Malaysia, Thailand, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.
- Sector
- Technology
- Industry
- Computer Hardware
- Country
- Singapore
- Website
- investor.canaan-creative.com
News
Canaan Inc. to Report Third Quarter 2026 Financial Results on November 10, 2026 
Canaan Announces Production Of 44 Bitcoins in September, Holdings Of 1,875 Bitcoins 
12 Information Technology Stocks Moving In Tuesday's After-Market Session 
B. Riley Securities Maintains Buy on Canaan, Lowers Price Target to $1.5 
Canaan Stock Surges Friday: What's Happening? 
12 Information Technology Stocks Moving In Friday's Intraday Session 
Canaan Takes A Double Hit Amid Crypto Pain 
12 Information Technology Stocks Moving In Friday's Intraday Session 
Imax To Rally More Than 23%? Here Are 10 Top Analyst Forecasts For Wednesday 
Transcript: Canaan Q2 2026 Earnings Conference Call
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Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Van Eck Associates Corporation | 3.10% | 9,180,421 | 18.91M | Sep 29, 2024 |
| State Street Corporation | 3.07% | 9,111,069 | 18.77M | Sep 29, 2024 |
| Vanguard Group Inc | 2.88% | 8,537,668 | 17.59M | Sep 29, 2024 |
| Mirae Asset Global Etfs Holdings Ltd. | 2.27% | 6,723,443 | 13.85M | Sep 29, 2024 |
| SG Americas Securities, LLC | 0.68% | 2,020,778 | 4.16M | Sep 29, 2024 |
| Geode Capital Management, LLC | 0.68% | 2,011,482 | 4.14M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF | 3.01% | 8,927,795 | 18.39M | Sep 29, 2024 |
| Global X Fds-Global X Blockchain ETF | 2.01% | 5,945,648 | 12.25M | Oct 30, 2024 |
| VanEck ETF Trust-VanEck Digital Transformation ETF | 1.27% | 3,752,618 | 7.73M | Oct 30, 2024 |
| Vanguard International Stock Index-Emerging Markets Stk | 0.66% | 1,962,506 | 4.04M | Jul 30, 2024 |
| Vanguard International Stock Index-Total Intl Stock Indx | 0.64% | 1,906,545 | 3.93M | Jul 30, 2024 |
| Fidelity Crypto Industry and Digital Payment ETF | 0.59% | 1,738,836 | 3.58M | Oct 30, 2024 |