Canaan (CAN)
NASDAQ:CAN
CAN Stock Chart & Stats
$0.46
-$0.20(-9.43%)
At close: 4:00 PM EST
$0.46
-$0.20(-9.43%)
Day’s Range― - ―
52-Week Range$0.39 - $2.22
Previous CloseN/A
Volume10.17M
Average Volume (3M)9.00M
Market Cap
$303.68M
Enterprise Value$188.97M
Total Cash (Recent Filing)$80.78M
Total Debt (Recent Filing)$54.90M
Price to Earnings (P/E)―
Beta2.27
Next Earnings
May 22, 2026EPS Estimate
-0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding641,837,950
10 Day Avg. Volume6,829,694
30 Day Avg. Volume8,998,459
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/Revenue0.36
Enterprise Value/Gross Profit4.59
Enterprise Value/Ebitda-2.06
Forecast
1Y Price Target
$2.10Price Target Upside356.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)-0.07
Revenue Forecast (FY)$440.63M
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 $0.39 and its highest was $2.22 in the past 12 months.
What is Canaan’s market cap?
Canaan’s market cap is $303.68M.
When is Canaan’s upcoming earnings report date?
Canaan’s upcoming earnings report date is May 22, 2026 which is in 39 days.
How were Canaan’s earnings last quarter?
Canaan 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 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 is -0.03.
How many shares outstanding does Canaan have?
Canaan has 641,837,950 shares outstanding.
What happened to Canaan’s price movement after its last earnings report?
Canaan 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?
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 (356.52% Upside)
$2.10 (356.52% Upside)
Blogger Sentiment
Bullish
CAN Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 98.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.75%
12-Months-Change
Fundamentals
Return on Equity
-60.71%
Trailing 12-Months
Asset Growth
30.21%
Trailing 12-Months
Company Description
Canaan
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
▲(356.52% Upside)
Technical Analysis
Ownership Overview
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Insiders
0.05% Mutual Funds
10.46% Other Institutional Investors
81.05% Public Companies and Individual Investors