Canaan Inc. CAN
Set alert
0.20 USD -0.02 -10.53%
At close · Oct 30
0.20 0.00 +1.20%
After hours · Oct 30, 7:55 PM ET
0.1909 Day range 0.21
0.17 52-week range 1.43
- YTD
- -70.94%
- 1 year
- -83.83%
- Open
- 0.21
- Prev close
- 0.2241
- Mkt cap
- 146.75M
- Vol
- 9.81M
- Avg vol
- 15.30M
- EPS
- -0.45
- P/E
- 0.00
- Div yield
- 0.00%
More statistics
- Low
- 0.1909
- High
- 0.21
- Forward P/E
- -17.17
- Beta
- 3.07
- Short ratio
- 3.82
- Inst. own
- 21.49%
- Dividend
- 0.00
- Ex-div date
- Earnings
- Aug 15, 2024
- 50-d avg
- 1.74
- 200-d avg
- 1.23
- 1y target
- 3.39
1D chart
Signals (88)
| Name | Time | Ago |
|---|---|---|
| MACD: Buy Signal | 3:53 PM | 2 days ago |
| SMA: Bullish | 3:50 PM | 2 days ago |
| SMA: Bullish | 3:50 PM | 2 days ago |
| SMA: Bearish | 3:48 PM | 2 days ago |
| SMA: Bearish | 3:42 PM | 2 days ago |
| MACD: Sell Signal | 3:32 PM | 2 days ago |
| RSI: Overbought | 3:13 PM | 2 days ago |
| SMA: Bullish | 3:07 PM | 2 days ago |
| SMA: Bearish | 3:03 PM | 2 days ago |
| SMA: Bullish | 3:02 PM | 2 days ago |
| SMA: Bullish | 3:00 PM | 2 days ago |
| SMA: Bearish | 2:57 PM | 2 days ago |
| SMA: Bearish | 2:57 PM | 2 days ago |
| SMA: Bullish | 2:56 PM | 2 days ago |
| SMA: Bullish | 2:56 PM | 2 days ago |
| MACD: Buy Signal | 2:56 PM | 2 days ago |
| MACD: Sell Signal | 2:54 PM | 2 days ago |
| MACD: Buy Signal | 2:53 PM | 2 days ago |
| MACD: Sell Signal | 2:48 PM | 2 days ago |
| SMA: Bullish | 2:39 PM | 2 days ago |
| SMA: Bearish | 2:38 PM | 2 days ago |
| SMA: Bullish | 2:36 PM | 2 days ago |
| MACD: Buy Signal | 2:36 PM | 2 days ago |
| MACD: Sell Signal | 2:32 PM | 2 days ago |
| RSI: Oversold | 2:32 PM | 2 days ago |
| MACD: Buy Signal | 2:24 PM | 2 days ago |
| RSI: Oversold | 2:18 PM | 2 days ago |
| RSI: Oversold | 2:03 PM | 2 days ago |
| MACD: Sell Signal | 2:02 PM | 2 days ago |
| SMA: Bearish | 2:01 PM | 2 days ago |
| SMA: Bearish | 2:01 PM | 2 days ago |
| SMA: Bullish | 1:55 PM | 2 days ago |
| SMA: Bullish | 1:55 PM | 2 days ago |
| SMA: Bearish | 1:41 PM | 2 days ago |
| SMA: Bearish | 1:41 PM | 2 days ago |
| SMA: Bullish | 1:40 PM | 2 days ago |
| SMA: Bullish | 1:40 PM | 2 days ago |
| MACD: Buy Signal | 1:40 PM | 2 days ago |
| MACD: Sell Signal | 1:37 PM | 2 days ago |
| SMA: Bearish | 1:29 PM | 2 days ago |
| SMA: Bullish | 1:26 PM | 2 days ago |
| MACD: Buy Signal | 1:16 PM | 2 days ago |
| SMA: Bearish | 12:51 PM | 2 days ago |
| SMA: Bearish | 12:50 PM | 2 days ago |
| SMA: Bullish | 12:49 PM | 2 days ago |
| SMA: Bearish | 12:48 PM | 2 days ago |
| SMA: Bullish | 12:47 PM | 2 days ago |
| SMA: Bearish | 12:46 PM | 2 days ago |
| MACD: Sell Signal | 12:46 PM | 2 days ago |
| SMA: Bullish | 12:44 PM | 2 days ago |
| SMA: Bearish | 12:43 PM | 2 days ago |
| MACD: Buy Signal | 12:41 PM | 2 days ago |
| RSI: Overbought | 12:41 PM | 2 days ago |
| MACD: Sell Signal | 12:31 PM | 2 days ago |
| MACD: Buy Signal | 12:28 PM | 2 days ago |
| MACD: Sell Signal | 12:19 PM | 2 days ago |
| RSI: Overbought | 12:08 PM | 2 days ago |
| SMA: Bullish | 12:03 PM | 2 days ago |
| SMA: Bearish | 12:00 PM | 2 days ago |
| SMA: Bullish | 11:58 AM | 2 days ago |
| SMA: Bullish | 11:58 AM | 2 days ago |
| SMA: Bearish | 11:57 AM | 2 days ago |
| SMA: Bearish | 11:57 AM | 2 days ago |
| SMA: Bearish | 11:54 AM | 2 days ago |
| SMA: Bullish | 11:50 AM | 2 days ago |
| MACD: Buy Signal | 11:49 AM | 2 days ago |
| RSI: Oversold | 11:45 AM | 2 days ago |
| SMA: Bearish | 11:32 AM | 2 days ago |
| SMA: Bearish | 11:30 AM | 2 days ago |
| SMA: Bullish | 11:24 AM | 2 days ago |
| SMA: Bearish | 11:22 AM | 2 days ago |
| MACD: Sell Signal | 11:20 AM | 2 days ago |
| MACD: Buy Signal | 11:10 AM | 2 days ago |
| RSI: Overbought | 11:10 AM | 2 days ago |
| MACD: Sell Signal | 11:06 AM | 2 days ago |
| SMA: Bullish | 10:49 AM | 2 days ago |
| SMA: Bullish | 10:42 AM | 2 days ago |
| MACD: Buy Signal | 10:40 AM | 2 days ago |
| RSI: Oversold | 10:38 AM | 2 days ago |
| MACD: Sell Signal | 10:37 AM | 2 days ago |
| MACD: Buy Signal | 10:30 AM | 2 days ago |
| MACD: Sell Signal | 10:26 AM | 2 days ago |
| RSI: Oversold | 10:26 AM | 2 days ago |
| MACD: Buy Signal | 10:21 AM | 2 days ago |
| MACD: Sell Signal | 10:18 AM | 2 days ago |
| MACD: Buy Signal | 10:16 AM | 2 days ago |
| MACD: Sell Signal | 10:14 AM | 2 days ago |
| RSI: Oversold | 9:56 AM | 2 days ago |
Key statistics
- Market cap
- 593.87M
- Enterprise value
- 7.16B
- Trailing P/E
- 0.00
- Forward P/E
- -17.17
- PEG ratio
- 0.00
- Price / sales
- 3.14
- Price / book
- 1.39
- EPS (TTM)
- -1.37
- Beta
- 3.07
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Profit margin
- -158.65%
- Revenue (TTM)
- 189.34M
- Revenue growth
- -2.70%
- Free cash flow
- -17.12M
- Total cash
- 70.13M
- Total debt
- 22.51M
- Return on equity
- -74.69%
- Shares outstanding
- 267.51M
- 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 +1589.0% upside
Now 0.2005
- 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
- BlockchAIn Digital Infrastructure Unveils $1B+ Nebius Data Center Lease Strategy
- Canaan Announces Appointment of KPMG in Singapore as Independent Auditor
- Canaan Announces Production Of 44 Bitcoins in September, Holdings Of 1,875 Bitcoins
- Canaan Inc. Provides September 2026 Bitcoin Production and Mining Operation Updates
- BlockchAIn Digital Infrastructure Says Nebius Prepayment Funds $800M Data Center Build
- 12 Information Technology Stocks Moving In Tuesday's After-Market Session
- BD Celebrates 65 Years of Manufacturing, Innovation and Community Partnership in Canaan
- B. Riley Securities Maintains Buy on Canaan, Lowers Price Target to $1.5
- Canaan Inc. to Exhibit at BTCHEL Conference: Showcasing Hash-to-Heat Solutions from District Networks to Home Solutions
- Canaan Stock Surges Friday: What's Happening?
Your note
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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 |