Canaan Inc (CAN)

NASDAQ
Currency in USD
0.609
-0.018(-2.87%)
Closed·
After Hours
0.606-0.003(-0.493%)
·
CAN Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
CAN is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
0.5960.637
52 wk Range
0.5353.270
Key Statistics
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Prev. Close
0.627
Open
0.637
Day's Range
0.596-0.637
52 wk Range
0.535-3.27
Volume
33.36M
Average Vol. (3m)
26.67M
1-Year Change
-46.58%
Book Value / Share
0.66
Fair Value
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Fair Value Upside
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CAN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
2.839
Upside
+366.11%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year

Canaan Inc News & Analysis

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Canaan Inc Company Profile

Canaan Inc. engages in the research and development, 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 edge computing chip products, as well as mining business. The company has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Georgia, Paraguay, Thailand, Indonesia, Australia, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.

Canaan Inc Earnings Call Summary for Q4/2024

  • Q4 2024 revenue grew 81% YoY to $89M, beating estimates, but EPS of -$0.33 missed forecasts; stock fell 4.63% pre-market
  • First EBITDA profitability since Q1 2023 at $19.3M; cash balance up 34% to $96M from Q3 2024
  • Launched A15 series mining machines; expanded North American mining capacity; targets 10x hash/s in NA by mid-2025
  • 2025 revenue guidance of $900M-$1.1B; aims for global 15x hash/s capacity
  • CEO confident in Bitcoin's long-term potential; company faces profitability challenges and market volatility risks
Last Updated: 03/26/2025, 09:49 AM
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Compare CAN to Peers and Sector

Metrics to compare
CAN
Peers
Sector
Relationship
P/E Ratio
−0.9x−3.6x11.3x
PEG Ratio
−0.020.030.01
Price / Book
1.1x0.6x2.4x
Price / LTM Sales
0.9x1.6x2.1x
Upside (Analyst Target)
359.4%13.2%24.4%
Fair Value Upside
Unlock17.3%8.1%Unlock

Analyst Ratings

6 Buy
1 Hold
0 Sell
Ratings:
7 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 2.839
(+366.11% Upside)

Earnings

Latest Release
May 20, 2025
EPS / Forecast
-1.79 / -0.07
Revenue / Forecast
82.78M / 90.71M
EPS Revisions
Last 90 days

CAN Income Statement

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FAQ

What Is the Canaan (CAN) Stock Price Today?

The Canaan stock price today is 0.61

What Stock Exchange Does Canaan Trade On?

Canaan is listed and trades on the Nasdaq Stock Exchange stock exchange.

What Is the Stock Symbol for Canaan?

The stock symbol for Canaan is "CAN."

What Is the Canaan Market Cap?

As of today, Canaan market cap is 280.18M.

What Is Canaan's Earnings Per Share (TTM)?

The Canaan EPS (TTM) is -1.02.

When Is the Next Canaan Earnings Date?

Canaan will release its next earnings report on Aug 14, 2025.

From a Technical Analysis Perspective, Is CAN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Canaan Stock Split?

Canaan has split 0 times.

How Many Employees Does Canaan Have?

Canaan has 463 employees.

What is the current trading status of Canaan (CAN)?

As of Jun 21, 2025, Canaan (CAN) is trading at a price of 0.61, with a previous close of 0.63. The stock has fluctuated within a day range of 0.60 to 0.64, while its 52-week range spans from 0.54 to 3.27.
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