Canaan Inc (CAN)

Currency in USD
0.268
-0.003(-0.96%)
Real-time Data·
Trading near 52-week Low
CAN is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
0.2550.276
52 wk Range
0.2552.220
Key Statistics
Prev. Close
0.27
Open
0.273
Day's Range
0.255-0.276
52 wk Range
0.255-2.22
Volume
1.03M
Average Volume (3m)
10.09M
1-Year Change
-70.2336%
Book Value / Share
0.51
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
CAN Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
1.717
Upside
+540.55%
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
Strong Sell

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 1.717
(+540.55% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Benchmark
Buy1.00+284.62%2.00MaintainMay 20, 2026
Rosenblatt
Buy1.30+400.00%2.25MaintainMay 20, 2026
BTIG
Buy3.00+1,053.85%-MaintainMay 19, 2026
Benchmark
Buy2.00+669.23%-MaintainMar 30, 2026
B.Riley
Buy2.00+669.23%2.50MaintainFeb 25, 2026

Canaan Inc Earnings Call Summary for Q1/2026

  • Canaan posted Q1 2026 EPS of -$0.86 vs. forecast -$0.03, missing by 2,767%; revenue $62.7M slightly below $64.68M estimate.
  • Company recorded $23M gross loss driven by $25M non-cash inventory write-down; operating expenses decreased 18% YoY to $31M.
  • Bitcoin volatility caused $41M fair value loss on digital assets; stock fell 9.67% in pre-market to $0.436, near 52-week low.
  • CEO Zhang reaffirmed focus on Avalon A16 XP series and next-gen mining tech despite declining ASPs and demand-supply imbalance.
  • Management expects gradual revenue improvement but faces risks from Bitcoin volatility, competitive pressures, and regulatory changes.
Last Updated: 2026-05-22, 08:10 a/m
Read Full Transcript

Earnings

Latest Release
May 19, 2026
EPS / Forecast
-0.86 / -0.03
Revenue / Forecast
62.7M / 64.68M
EPS Revisions
Last 90 days

CAN Income Statement

Compare CAN to Peers and Sector

Metrics to compare
CAN
Peers
Sector
Relationship
P/E Ratio
−0.9x42.1x12.4x
PEG Ratio
−0.020.260.01
Price/Book
0.5x2.6x2.4x
Price / LTM Sales
0.4x8.9x2.3x
Upside (Analyst Target)
-50.5%37.3%
Fair Value Upside
Unlock−38.0%9.6%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
35.33M4.74%9.55M
Other Institutional Investors
184.86M24.81%49.97M
Public Companies & Retail Investors
525.03M70.45%141.91M
Total
745.22M100.00%201.43M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Cipher Digital Inc.7.22%53,789,54114,539
Weiss Asset Management, LLC5.35%39,871,38410,777

People Also Watch

2.3600
ABAT
-2.48%
53.490
ITX
-0.61%
5.09
SERV
-3.42%
85.50
SOIT
-2.11%
136.250
SAPG
-1.21%

FAQ

What Is the Canaan (CAN) Stock Price Today?

The Canaan stock price today is 0.268 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 Market Cap?

As of today, Canaan market cap is 201.330M USD.

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

The Canaan EPS (TTM) is -0.380.

When Is the Next Canaan Earnings Date?

Canaan will release its next earnings report on Aug 13, 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 Sell.

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 Jul 20, 2026, Canaan (CAN) is trading at a price of 0.268 USD, with a previous close of 0.270 USD. The stock has fluctuated within a day range of 0.255 USD to 0.276 USD, while its 52-week range spans from 0.255 USD to 2.220 USD.

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

The average 12-month price target for Canaan is 1.717 USD, with a high estimate of 3 USD and a low estimate of 0.9 USD. 5 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +540.55% Upside potential.

What Is the CAN Premarket Price?

CAN's last pre-market stock price is 0.275 USD. The pre-market share volume is 35,900.000, and the stock has decreased by 0.005, or 1.850%.

What Is the CAN After Hours Price?

CAN's last after hours stock price is 0.273 USD, the stock has decreased by 0.003, or 1.110%.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.