Canaan Inc (CAN)

Currency in USD
0.374
-0.004(-0.93%)
Closed·
0.377+0.003(+0.80%)
·
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Fair Value
Day's Range
0.3670.377
52 wk Range
0.1522.220
Key Statistics
Prev. Close
0.377
Open
0.37
Day's Range
0.367-0.377
52 wk Range
0.152-2.22
Volume
4.75M
Average Volume (3m)
15.82M
1-Year Change
-57.7258%
Book Value / Share
0.39
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
1.475
Upside
+294.39%
Members' Sentiments
Bearish
Bullish
ProTips
Quickly burning through cash

Canaan Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 1.475
(+294.39% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Jones Trading
Buy1.00+167.38%-New CoverageSep 27, 2026
StoneX
Buy1.00+167.38%1.00MaintainSep 16, 2026
StoneX
Buy1.00+167.38%-MaintainSep 09, 2026
Rosenblatt
Buy0.75+100.53%1.30MaintainSep 09, 2026
BTIG
Buy2.00+434.76%3.00MaintainSep 08, 2026

Canaan Inc Earnings Call Summary for Q2/2026

  • Q2 revenue of $32M missed guidance range of $35M-$45M; shares fell 6.94% premarket to $0.335 amid weak bitcoin mining machine demand and pricing pressure.
  • Mining operations contributed $18M (55% of revenue); company holds 1,915 BTC and 3,952 ETH valued at $112M, while cash rose to $66M from $43M in Q1.
  • Adjusted EBITDA loss of $74.9M reflects difficult operating environment; Q3 revenue guidance of $11M-$15M signals continued industry headwinds.
  • Company plans Avalon Home product launch for Q3, pursues gigawatt-scale power resources by end-2026, and continues $30M share repurchase program.
  • Nasdaq compliance deadline of Jan. 11, 2027 looms; management emphasizes liquidity preservation and long-term asset quality over short-term accounting results.
Last Updated: 08/09/2026, 14:22
Read Full Transcript

Earnings

Latest Release
Sep 08, 2026
EPS / Forecast
-0.13 / -0.06
Revenue / Forecast
31.86M / 55.41M
EPS Revisions
Last 90 days

CAN Income Statement

Compare CAN to Peers and Sector

Metrics to compare
CAN
Peers
Sector
Relationship
P/E Ratio
−0.9x−6.2x11.8x
PEG Ratio
−0.020.010.01
Price/Book
1.0x3.9x2.4x
Price / LTM Sales
0.6x9.6x2.3x
Upside (Analyst Target)
294.4%100.1%35.8%
Fair Value Upside
Unlock−12.6%6.3%Unlock

Canaan Inc. engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business. It has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Ireland, Georgia, Brazil, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
38.89M5.20%14.67M
Other Institutional Investors
172.26M23.04%64.98M
Public Companies & Retail Investors
536.37M71.75%202.32M
Total
747.52M100.00%281.97M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Cipher Digital Inc.7.20%53,789,54120,289
Weiss Asset Management, LLC5.20%38,900,28214,673

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FAQ

What Is the Canaan (CAN) Stock Price Today?

The Canaan stock price today is 0.374 USD.

What Stock Exchange Does Canaan Trade On?

Canaan is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Canaan?

The stock symbol for Canaan is "CAN."

What Is the Canaan (CAN) Afterhours Price Today? (Afterhours variable test: 0.377) Current Date: Sep 29, 2026

After hours price: 0.377. After hours price change (units): 0.003. Price change percentage: 0.800%

What Is the Canaan Market Cap?

As of today, Canaan market cap is 281.820M USD.

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

The Canaan EPS (TTM) is -0.476.

When Is the Next Canaan Earnings Date?

Canaan will release its next earnings report on Nov 17, 2026.

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 Buy.

How Many Times Has Canaan Stock Split?

Canaan has split 0 times.

How Many Employees Does Canaan Have?

Canaan has 399 employees.

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

As of Sep 29, 2026, Canaan (CAN) is trading at a price of 0.374 USD, with a previous close of 0.377 USD. The stock has fluctuated within a day range of 0.367 USD to 0.377 USD, while its 52-week range spans from 0.152 USD to 2.220 USD.

What Is Canaan (CAN) Price Target According to Analysts?

The average 12-month price target for Canaan is 1.475 USD, with a high estimate of 2.1 USD and a low estimate of 0.75 USD. 6 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +294.39% Upside potential.

What Is the CAN Premarket Price?

CAN's last pre-market stock price is 0.375 USD. The pre-market share volume is 510,300.000, and the stock has decreased by -0.002, or -0.530%.

What Is the CAN After Hours Price?

CAN's last after hours stock price is 0.377 USD, the stock has decreased by 0.003, or 0.800%.
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