Is Canaan Inc. (CAN) a Buy, Sell, or Hold?
Canaan Inc.
NASDAQ:CAN
$0.2915 USD
$0.0 (0.52%)
- Volume
- 4.63M
- Average Volume
- 10.65M
- Market Capitalization
- $136.9M
- P/E Ratio
- -0.84
- Dividend Yield
- 0.00%
- Price Target
- $1.40
- Year High
- $2.22
- Year Low
- $0.26
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $3.34
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | Nangeng Zhang |
| Industry | Computer Hardware |
| Sector | Technology |
| Current Symbol | CAN |
| CUSIP | 134748102 |
| CIK | 0001780652 |
| Web | http://www.canaan.io |
| Phone | 65 6305 6618 |
| Currency | USD |
| Employees | 399 |
| Country | SG |
Liquidity
| Debt-to-Equity Ratio | 0.15 |
| Payout Ratio | 0.00 |
| Current Ratio | 3.34 |
| Quick Ratio | 2.04 |
| Cash Ratio | 0.41 |
Sales & Book Value
| Annual Sales | $529.74M |
| Price / Sales | 0.27 |
| Cash Flow | 0.00 |
| Price / Cash Flow | 0.00 |
| Price / Book | 0.53 |
Price Target and Rating
| Average Stock Price Forecast | $1.40 |
| High Stock Price Forecast | $1.50 |
| Low Stock Price Forecast | $1.30 |
| Forecast Upside/Downside | -79.18% |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 6 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-0.45 |
| Trailing P/E Ratio | -0.84 |
| PEG Ratio | -0.01 |
| P/E Growth | -0.01 |
| Net Income | $-210.27M |
| Net Margin | -41.70% |
| Pretax Margin | -41.26% |
| Return on Equity | -55.85% |
| Return on Assets | -39.96% |
Financials Score
| AltmanZ Score | 2.38 |
| Piotroski Score | 3.00 |
| Working Capital | 249.49M |
| Total Assets | 532.07M |
| Ebit | -139.54M |
| Market Cap | 925.12M |
| Total Liabilities | 150.13M |
Poll Results
About Canaan Inc. (NASDAQ:CAN) Stock
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. ...
2026-07-15 09:05:00
SINGAPORE, July 15, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it has received written notification from The Nasdaq Stock Market LLC ("Nasdaq") granting the Company an additional 180-day period, or until January 11, 2027, to regain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The Company satisfies the continued listing requirement for market value of publicly held shares and all other applicable listing requirements for initial listing on the Nasdaq Capital Market, except for the minimum bid price requirement.
Canaan Inc. Provides June 2026 Bitcoin Production and Mining Operation Updates
2026-07-14 09:05:00
Joint venture hashrate recovers significantly, approaches full-installed capacity SINGAPORE, July 14, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending June 30, 2026. Management Commentary "June was a month of consolidation and recovery, and we remained focused on disciplined execution across our mining operations," said Nangeng Zhang, chairman and chief executive officer of Canaan.
Canaan Inc. Completes Transfer to Nasdaq Capital Market
2026-07-06 16:07:00
Applies for additional 180-day minimum bid price compliance period SINGAPORE, July 6, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") has approved the transfer of the listing of the Company's American Depositary Shares ("ADSs"), each representing 15 Class A ordinary shares, from the Nasdaq Global Market to the Nasdaq Capital Market. The transfer became effective at the opening of trading on July 1, 2026.
Canadian Gold Resources Announces Results of 2026 Annual and Special Meeting of Shareholders
2026-06-24 16:05:00
Dieppe, New Brunswick--(Newsfile Corp. - June 24, 2026) - Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") is pleased to announce the voting results from its Annual and Special Meeting of Shareholders (the "Meeting") held on June 19, 2026 in Dieppe, New Brunswick.
2026-06-24 09:05:00
Open market purchases underscore management's confidence in Canaan's long-term growth strategy SINGAPORE, June 24, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its chairman and chief executive officer, Nangeng Zhang ("Zhang"), and chief financial officer, Jin "James" Cheng ("Cheng"), recently purchased additional shares of the Company's stock in the open market. The purchases were made in compliance with the Company's internal trading policies and applicable securities regulations.
2026-06-18 17:00:00
Dieppe, New Brunswick--(Newsfile Corp. - June 18, 2026) - Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") is pleased to announce its 2026 exploration program, which will encompass all three of its 100% owned projects located in the Gaspé Peninsula, Québec: Lac Arsenault, Robidoux, and VG Boulder.
Canaan Inc. Provides May 2026 Bitcoin Production and Mining Operation Updates
2026-06-11 09:05:00
North America n fleet efficiency improved by ~11% YoY, reach ing a record 17.9J/TH Further expanded global operations with hash-to-heat deployment in the Nordic region SINGAPORE, June 11, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending May 31, 2026. Management Commentary "As we continued to streamline our self-mining portfolio and improve operational efficiency, our mining operations delivered solid results during May," said Nangeng Zhang, chairman and chief executive officer of Canaan.
Canaan vs. CleanSpark: Which Technology Stock Is a Better Buy in 2026?
2026-06-03 21:12:11
One company powers the hardware behind global mining, while the other builds data centers fueling digital assets. Explore how their fundamentals stack up.
Frequently Asked Questions
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What is the current Canaan Inc. (CAN) stock price?
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Canaan Inc.(NASDAQ:CAN) stock price is $0.2915 in the last trading session. During the trading session, CAN stock reached the peak price of $2.22 while $0.262 was the lowest point it dropped to. The percentage change in CAN stock occurred in the recent session was 0.52% while the dollar amount for the price change in CAN stock was $0.0.
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CAN's industry and sector of operation?
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The NASDAQ listed CAN is part of Computer Hardware industry that operates in the broader Technology sector.
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Who are the executives of CAN?
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Gwyn Lauber | Investor Relations Director
Lu Meng | Secretary of the Board
Zhang Xi | Investor Relations Manager
Nangeng Zhang | Chairman & Chief Executive Officer
James Jin Cheng | Chief Financial Officer -
How many employees does CAN have?
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Number of CAN employees currently stands at 399. CAN operates from 28 Ayer Rajah Crescent #06-08, Singapore, CE 139959, SG.
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Link for CAN official website?
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Official Website of CAN is: http://www.canaan.io
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How do I contact CAN?
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CAN could be contacted at phone #65 6305 6618 and can also be accessed through its website. CAN operates from 28 Ayer Rajah Crescent #06-08, Singapore, CE 139959, SG.
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How many shares of CAN are traded daily?
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The average number of CAN shares traded daily for last 3 months was 10.65M.
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What is the market cap of CAN currently?
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The market value of CAN currently stands at $136.9M with its latest stock price at $0.2915