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Canaan Inc. (CAN)
NASDAQ:CAN
CAN Stock Chart & Stats
$0.44
-$0.20(-9.43%)
At close: 4:00 PM EST
$0.44
-$0.20(-9.43%)
Day’s Range― - ―
52-Week Range$0.43 - $2.22
Previous CloseN/A
Volume10.17M
Average Volume (3M)11.66M
Market Cap
$290.36M
Enterprise Value$179.55M
Total Cash (Recent Filing)$80.78M
Total Debt (Recent Filing)$54.90M
Price to Earnings (P/E)―
Beta2.33
Next Earnings
May 22, 2026EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding641,837,950
10 Day Avg. Volume10,360,031
30 Day Avg. Volume11,661,776
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 Cap0.62
Enterprise Value/Revenue0.34
Enterprise Value/Gross Profit4.36
Enterprise Value/Ebitda-1.96
Forecast
1Y Price Target
$2.10Price Target Upside377.27% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)-0.07
Revenue Forecast (FY)$488.58M
Bulls Say, Bears Say
Bulls Say
Power StrategyA power-first approach of owning and operating facilities secures dedicated energy supply, enabling deployment of next-generation miners for self-mining and lowering inventory risk.
Sales MomentumRecord shipment volume to a major North American customer drove strong revenue, signaling healthy demand for rig sales and potential for continued commercial traction.
Site AcquisitionsAcquisition of stakes in three Texas mining sites increases self-mining capacity and provides direct control of high-quality infrastructure for future mining and compute deployment.
Bears Say
Financing And Dilution RiskOngoing financing needs for research and manufacturing may require equity issuance, which could dilute existing shareholders and pressure the stock.
Mining EconomicsA pronounced decline in hashprice has compressed bitcoin mining revenue economics, reducing margins for self-mining and pressuring profitability.
Secondary Market And Competitive PressureLarge miners shifting to high-performance computing and competitors offering more energy-efficient rigs could flood the used-miner market and intensify demand and pricing pressures for new equipment.
Canaan News
CAN FAQ
What was Canaan Inc.’s price range in the past 12 months?
Canaan Inc. lowest stock price was $0.42 and its highest was $2.22 in the past 12 months.
What is Canaan Inc.’s market cap?
Canaan Inc.’s market cap is $290.36M.
When is Canaan Inc.’s upcoming earnings report date?
Canaan Inc.’s upcoming earnings report date is May 22, 2026 which is in 60 days.
How were Canaan Inc.’s earnings last quarter?
Canaan Inc. released its earnings results on Feb 10, 2026. The company reported -$0.085 earnings per share for the quarter, missing the consensus estimate of -$0.011 by -$0.074.
Is Canaan Inc. overvalued?
According to Wall Street analysts Canaan Inc.’s price is currently Undervalued.
Does Canaan Inc. pay dividends?
Canaan Inc. pays a Notavailable dividend of $0.38 which represents an annual dividend yield of N/A. See more information on Canaan Inc. dividends here
What is Canaan Inc.’s EPS estimate?
Canaan Inc.’s EPS estimate is -0.02.
How many shares outstanding does Canaan Inc. have?
Canaan Inc. has 641,837,950 shares outstanding.
What happened to Canaan Inc.’s price movement after its last earnings report?
Canaan Inc. reported an EPS of -$0.085 in its last earnings report, missing expectations of -$0.011. Following the earnings report the stock price went down -6.766%.
Which hedge fund is a major shareholder of Canaan Inc.?
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
Strong Buy
Average Price Target:
$2.10 (377.27% Upside)
$2.10 (377.27% Upside)
Blogger Sentiment
Bullish
CAN Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 98.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-55.80%
12-Months-Change
Fundamentals
Return on Equity
-60.71%
Trailing 12-Months
Asset Growth
30.21%
Trailing 12-Months
Company Description
Canaan Inc.
Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. It focuses on the development of green mining. The company was founded by Jia Xuan Li, Xiang Fu Liu and Nan Geng Zhang on January 19, 2013 and is headquartered in Singapore.
CAN Company Deck
CAN Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Negative
The call highlighted very strong 2025 operational and revenue achievements — record quarterly and annual revenue, large institutional orders, record computing power sold, product launches (A16 XP), and expansion of mining operations and crypto treasury. However, significant near-term headwinds were emphasized: severe Bitcoin price volatility, non-cash valuation losses and inventory write-downs compressing profitability, an adjusted EBITDA loss, and an extremely cautious 2026 revenue outlook ($60–$70 million), implying a sharp slowdown. While the company has solid execution, liquidity, and strategic initiatives (power pipeline, product upgrades, and manufacturing footprint), the negative near-term demand outlook and notable one-time and recurring margin pressures weigh heavily on sentiment.View all CAN earnings summariesCAN Stock 12 Month Forecast
Average Price Target
$2.10
▲(377.27% Upside)
Technical Analysis
Ownership Overview
―
Insiders
0.05% Mutual Funds
10.46% Other Institutional Investors
81.05% Public Companies and Individual Investors