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Canaan (CAN)
NASDAQ:CAN
CAN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.53 - $3.27
Previous CloseN/A
Volume10.17M
Average Volume (3M)36.02M
Market Cap
$349.41M
Enterprise Value$229.39M
Total Cash (Recent Filing)$96.77M
Total Debt (Recent Filing)$231.02M
Price to Earnings (P/E)―
Beta1.56
Next Earnings
Nov 18, 2025EPS Estimate
>-0.01Last Dividend Ex-Date
Nov 15, 2021Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding399,488,600
10 Day Avg. Volume27,907,237
30 Day Avg. Volume36,017,709
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap0.66
Enterprise Value/Revenue0.72
Enterprise Value/Gross Profit-4.95
Enterprise Value/Ebitda-1.45
Forecast
1Y Price Target
$2.16Price Target Upside200.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Bulls Say, Bears Say
Bulls Say
EarningsCanaan Inc. delivered $100.2m in total revenue for 2Q25, an increase of 39.5% year-over-year and a 21% sequential jump, exceeding both management’s guidance and Street expectations.
Financial PerformanceCanaan Inc. reported 2Q25 gross profit of $9.3m, marking its second straight quarter of positive gross profit and a significant improvement from the prior year's gross loss.
Stock BuybackThe company's board of directors has approved a $30 million stock buyback program, which could support the share price.
Bears Say
Nasdaq Delisting NoticeCanaan Inc. faces uncertainty due to U.S. tariffs and a Nasdaq delisting notice after its stock traded below $1.00 for 30 consecutive business days.
Stock ValuationThe stock's valuation reflects extremely negative investor sentiment, suggesting that any positive news could drive the share price significantly higher.
Tariffs ImpactThe imposition of tariffs by the U.S. government impacted Canaan Inc.'s customer order flow and self-mining deployments, as many miners adopted a 'wait-and-see' approach and delayed their bitcoin mining rig purchases.
Canaan News
CAN FAQ
What was Canaan’s price range in the past 12 months?
Canaan lowest stock price was $0.53 and its highest was $3.27 in the past 12 months.
What is Canaan’s market cap?
Canaan’s market cap is $349.41M.
When is Canaan’s upcoming earnings report date?
Canaan’s upcoming earnings report date is Nov 18, 2025 which is in 75 days.
How were Canaan’s earnings last quarter?
Canaan released its earnings results on Aug 14, 2025. The company reported -$0.015 earnings per share for the quarter, beating the consensus estimate of -$0.042 by $0.027.
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 >-0.01.
How many shares outstanding does Canaan have?
Canaan has 399,488,600 shares outstanding.
What happened to Canaan’s price movement after its last earnings report?
Canaan reported an EPS of -$0.015 in its last earnings report, beating expectations of -$0.042. Following the earnings report the stock price went down -4.878%.
Which hedge fund is a major shareholder of Canaan?
Currently, no hedge funds are holding shares in CAN
Canaan Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$2.16 (200.00% Upside)
$2.16 (200.00% Upside)
Blogger Sentiment
Bullish
CAN Sentiment 100%
Sector Average 70%
Sector Average 70%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.25%
12-Months-Change
Fundamentals
Return on Equity
-75.92%
Trailing 12-Months
Asset Growth
12.68%
Trailing 12-Months
Company Description
Canaan
Canaan Inc., founded in 2013 and headquartered in China, is a technology company primarily engaged in the design and development of high-performance computing solutions. The company is recognized as a leading provider of blockchain technology and artificial intelligence (AI) services. Canaan's core products include ASIC-based high-performance computing hardware for cryptocurrency mining, such as Bitcoin, and AI chips designed for various machine learning applications.
CAN Company Deck
CAN Earnings Call
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call indicated strong financial performance and growth in key areas such as revenue, gross profit, and Bitcoin production. However, challenges remain, particularly concerning operating losses and the impact of U.S. tariff policies. The company is optimistic about future prospects and is focusing on strategic expansions and product developments.View all CAN earnings summariesCAN Stock 12 Month Forecast
Average Price Target
$2.16
▲(200.00% Upside)
Technical Analysis
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Ownership Overview
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Insiders
2.11% Mutual Funds
1.77% Other Institutional Investors
85.12% Public Companies and Individual Investors