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CAN Stock Chart & Stats
$0.24
$0.02(9.09%)
At close: 4:00 PM EDT
$0.24
$0.02(9.09%)
Day’s Range― - ―
52-Week Range$0.15 - $2.22
Previous Close$0.25
Volume7.87M
Average Volume (3M)9.10M
Market Cap
$166.13M
Enterprise Value$311.66
Total Cash (Recent Filing)$43.45M
Total Debt (Recent Filing)$56.55M
Price to Earnings (P/E)―
Beta2.23
Next Earnings
Nov 17, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding749,194,900
10 Day Avg. Volume5,975,163
30 Day Avg. Volume9,102,867
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.74
Price to Sales (P/S)0.61
P/FCF Ratio0.00
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$2.15Price Target Upside795.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.22
Revenue Forecast (FY)$269.20M
Bulls Say, Bears Say
Bulls Say
Asset AcquisitionAcquisition of significant stakes in three Texas bitcoin mining sites expands self-mining capacity and supports direct bitcoin production.
Power StrategyOwning and operating dedicated power at those sites enables deployment of next-generation miners for self-mining and helps reduce inventory risk.
Sales MomentumRecord shipment volume to a major North American customer drove a strong revenue quarter, demonstrating robust demand for the company's rigs.
Bears Say
Capital Needs And DilutionOngoing financing requirements for research and manufacturing may necessitate equity issuance, increasing the risk of shareholder dilution.
Competitive Pressure And Secondary MarketLarge miners shifting into high-performance computing and a potential flood of used miners could depress demand and pricing for new equipment.
Revenue OutlookManagement's guidance implies a steep sequential revenue decline, heightening concerns about near-term top-line momentum.
Canaan News
CAN FAQ
What was Canaan’s price range in the past 12 months?
Canaan lowest stock price was $0.15 and its highest was $2.22 in the past 12 months.
What is Canaan’s market cap?
Canaan’s market cap is $166.13M.
When is Canaan’s upcoming earnings report date?
Canaan’s upcoming earnings report date is Nov 17, 2026 which is in 93 days.
How were Canaan’s earnings last quarter?
Currently, no data Available
Is Canaan overvalued?
According to Wall Street analysts Canaan’s price is currently Undervalued.
Does Canaan pay dividends?
Canaan pays a Notavailable dividend of $0.38 which represents an annual dividend yield of N/A. See more information on Canaan dividends here
What is Canaan’s EPS estimate?
Canaan’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Canaan have?
Canaan has 749,194,900 shares outstanding.
What happened to Canaan’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Canaan?
Currently, no hedge funds are holding shares in CAN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Canaan Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$2.15 (795.83% Upside)
$2.15 (795.83% Upside)
Blogger Sentiment
Bullish
CAN Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 98.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-71.83%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-5.92%
Trailing 12-Months
Company Description
Canaan
Canaan Inc. operates as a holding company, primarily engaged in the design, production, and sale of Bitcoin mining hardware, in addition to supplying various associated services. A key focus for the company is the advancement and implementation of environmentally conscious mining practices. This firm was co-founded by Jia Xuan Li, Xiang Fu Liu, and Nan Geng Zhang on January 19, 2013, and its corporate headquarters are situated in Singapore.
CAN Company Deck
CAN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a balanced picture: the company executed several strategic initiatives (notably the ABC JV acquisition, strong YoY installed hash growth, A16 product progress, channel expansion and meaningful expense reductions) that strengthen its long-term positioning in energy-enabled computing infrastructure. At the same time, near-term financials were hurt by market-driven events — a sharp BTC price decline, a $25M inventory write-down, a $41M fair-value loss on digital assets and a sizable adjusted EBITDA loss (~$76M) — and management guided to lower revenues for Q2. Overall the company emphasized resilience, discipline and strategic progress but acknowledged meaningful short-term headwinds.View all CAN earnings summariesCAN Stock 12 Month Forecast
Average Price Target
$2.15
▲(795.83% Upside)
Technical Analysis
Ownership Overview
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Insiders
0.04% Mutual Funds
7.90% Other Institutional Investors
88.89% Public Companies and Individual Investors