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
MAX chart
Events in this range
- Nov 15, 2021Dividend: 0.38
- Feb 27, 2024Earnings: —; estimate -0.3; surprise —%
- May 17, 2024Earnings: —; estimate -0.6; surprise —%
- May 17, 2024Earnings: -0.16; estimate -0.6; surprise 73.33%
- May 20, 2024Rating: HC Wainwright & Co. · Buy → Buy
- Aug 15, 2024Earnings: -0.15; estimate -0.3; surprise 50%
- Aug 15, 2024Earnings: —; estimate -0.3; surprise —%
- Aug 16, 2024Rating: HC Wainwright & Co. · Buy → Buy
- Sep 11, 2024Rating: Rosenblatt · — → Buy
- Sep 18, 2024Rating: B. Riley Securities · — → Buy
- Nov 20, 2024Earnings: -0.27; estimate -0.15; surprise -80%
- Nov 21, 2024Rating: HC Wainwright & Co. · Buy → Buy
- Dec 6, 2024Rating: Rosenblatt · Buy → Buy
Signals (111)
| Name | Date | Ago |
|---|---|---|
| SMA: Bearish | Oct 5, 2026 | 3 weeks ago |
| SMA: Bullish | Aug 17, 2026 | 2 months ago |
| MACD: Buy Signal | Aug 17, 2026 | 2 months ago |
| RSI: Oversold | Jul 27, 2026 | 3 months ago |
| MACD: Sell Signal | Jun 8, 2026 | 4 months ago |
| SMA: Bearish | May 18, 2026 | 5 months ago |
| MACD: Buy Signal | Apr 20, 2026 | 6 months ago |
| SMA: Bullish | Apr 13, 2026 | 6 months ago |
| SMA: Bearish | Dec 8, 2025 | 10 months ago |
| MACD: Sell Signal | Dec 1, 2025 | 11 months ago |
| SMA: Bearish | Nov 10, 2025 | 11 months ago |
| RSI: Overbought | Oct 20, 2025 | 1 year ago |
| SMA: Bullish | Sep 22, 2025 | 1 year ago |
| SMA: Bearish | Sep 15, 2025 | 1 year ago |
| SMA: Bullish | Sep 8, 2025 | 1 year ago |
| SMA: Bullish | Sep 8, 2025 | 1 year ago |
| SMA: Bearish | Sep 1, 2025 | 1 year ago |
| SMA: Bullish | Aug 4, 2025 | 1 year ago |
| SMA: Bearish | Jul 28, 2025 | 1 year ago |
| SMA: Bullish | Jun 30, 2025 | 1 year ago |
| MACD: Buy Signal | Jun 30, 2025 | 1 year ago |
| SMA: Bearish | Feb 24, 2025 | 1 year ago |
| MACD: Sell Signal | Feb 3, 2025 | 1 year ago |
| SMA: Bearish | Jan 6, 2025 | 1 year ago |
| RSI: Overbought | Nov 18, 2024 | 1 year ago |
| SMA: Bullish | Oct 28, 2024 | 2 years ago |
| SMA: Bullish | Oct 28, 2024 | 2 years ago |
| SMA: Bearish | Oct 21, 2024 | 2 years ago |
| SMA: Bullish | Oct 14, 2024 | 2 years ago |
| SMA: Bearish | Oct 7, 2024 | 2 years ago |
| SMA: Bullish | Sep 9, 2024 | 2 years ago |
| SMA: Bearish | Jul 29, 2024 | 2 years ago |
| SMA: Bullish | Jul 8, 2024 | 2 years ago |
| MACD: Buy Signal | Jun 10, 2024 | 2 years ago |
| SMA: Bullish | Jun 3, 2024 | 2 years ago |
| MACD: Sell Signal | Mar 4, 2024 | 2 years ago |
| SMA: Bearish | Feb 19, 2024 | 2 years ago |
| SMA: Bearish | Feb 19, 2024 | 2 years ago |
| SMA: Bullish | Feb 12, 2024 | 2 years ago |
| SMA: Bullish | Feb 12, 2024 | 2 years ago |
| MACD: Buy Signal | Feb 12, 2024 | 2 years ago |
| MACD: Sell Signal | Jan 29, 2024 | 2 years ago |
| SMA: Bearish | Jan 8, 2024 | 2 years ago |
| SMA: Bullish | Dec 18, 2023 | 2 years ago |
| SMA: Bullish | Dec 11, 2023 | 2 years ago |
| MACD: Buy Signal | Dec 11, 2023 | 2 years ago |
| SMA: Bearish | Nov 6, 2023 | 2 years ago |
| SMA: Bullish | Oct 23, 2023 | 3 years ago |
| MACD: Sell Signal | Aug 21, 2023 | 3 years ago |
| SMA: Bearish | Aug 14, 2023 | 3 years ago |
| SMA: Bearish | Aug 14, 2023 | 3 years ago |
| SMA: Bullish | Jul 10, 2023 | 3 years ago |
| MACD: Buy Signal | Jul 10, 2023 | 3 years ago |
| SMA: Bullish | Jul 3, 2023 | 3 years ago |
| MACD: Sell Signal | May 15, 2023 | 3 years ago |
| SMA: Bearish | May 1, 2023 | 3 years ago |
| SMA: Bearish | May 1, 2023 | 3 years ago |
| SMA: Bullish | Apr 24, 2023 | 3 years ago |
| SMA: Bullish | Apr 24, 2023 | 3 years ago |
| SMA: Bearish | Apr 17, 2023 | 3 years ago |
| SMA: Bearish | Apr 17, 2023 | 3 years ago |
| SMA: Bullish | Apr 10, 2023 | 3 years ago |
| SMA: Bullish | Apr 10, 2023 | 3 years ago |
| SMA: Bearish | Mar 20, 2023 | 3 years ago |
| SMA: Bearish | Mar 20, 2023 | 3 years ago |
| SMA: Bullish | Mar 13, 2023 | 3 years ago |
| SMA: Bullish | Mar 13, 2023 | 3 years ago |
| SMA: Bearish | Feb 20, 2023 | 3 years ago |
| SMA: Bearish | Feb 6, 2023 | 3 years ago |
| SMA: Bullish | Jan 23, 2023 | 3 years ago |
| SMA: Bullish | Jan 9, 2023 | 3 years ago |
| MACD: Buy Signal | Jan 9, 2023 | 3 years ago |
| MACD: Sell Signal | Nov 21, 2022 | 3 years ago |
| SMA: Bearish | Aug 15, 2022 | 4 years ago |
| SMA: Bearish | Aug 15, 2022 | 4 years ago |
| SMA: Bullish | Aug 8, 2022 | 4 years ago |
| SMA: Bullish | Jul 4, 2022 | 4 years ago |
| MACD: Buy Signal | Jun 6, 2022 | 4 years ago |
| MACD: Sell Signal | May 9, 2022 | 4 years ago |
| SMA: Bearish | Apr 4, 2022 | 4 years ago |
| SMA: Bullish | Mar 14, 2022 | 4 years ago |
| SMA: Bearish | Mar 7, 2022 | 4 years ago |
| MACD: Buy Signal | Feb 21, 2022 | 4 years ago |
| SMA: Bullish | Feb 14, 2022 | 4 years ago |
| MACD: Sell Signal | Dec 6, 2021 | 4 years ago |
| SMA: Bearish | Nov 29, 2021 | 4 years ago |
| SMA: Bearish | Nov 29, 2021 | 4 years ago |
| SMA: Bullish | Nov 1, 2021 | 5 years ago |
| MACD: Buy Signal | Oct 25, 2021 | 5 years ago |
| SMA: Bullish | Oct 18, 2021 | 5 years ago |
| MACD: Sell Signal | Sep 20, 2021 | 5 years ago |
| SMA: Bearish | Sep 13, 2021 | 5 years ago |
| MACD: Buy Signal | Aug 30, 2021 | 5 years ago |
| SMA: Bullish | Aug 2, 2021 | 5 years ago |
| SMA: Bearish | May 10, 2021 | 5 years ago |
| MACD: Sell Signal | Apr 19, 2021 | 5 years ago |
| SMA: Bearish | Apr 5, 2021 | 5 years ago |
| RSI: Overbought | Mar 8, 2021 | 5 years ago |
| RSI: Overbought | Feb 8, 2021 | 5 years ago |
| SMA: Bullish | Feb 1, 2021 | 5 years ago |
| SMA: Bearish | Jan 25, 2021 | 5 years ago |
| RSI: Overbought | Nov 23, 2020 | 5 years ago |
| SMA: Bullish | Nov 9, 2020 | 5 years ago |
| SMA: Bullish | Oct 26, 2020 | 6 years ago |
| SMA: Bearish | Aug 17, 2020 | 6 years ago |
| SMA: Bullish | Jul 20, 2020 | 6 years ago |
| MACD: Buy Signal | Jul 13, 2020 | 6 years ago |
| SMA: Bearish | May 18, 2020 | 6 years ago |
| SMA: Bullish | Apr 13, 2020 | 6 years ago |
| SMA: Bearish | Feb 24, 2020 | 6 years ago |
| SMA: Bullish | Feb 10, 2020 | 6 years 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?
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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 |