Canaan Inc. (CAN)
| Market Cap | 188.36M -73.6% |
| Revenue (ttm) | 441.31M +27.8% |
| Net Income | -299.13M |
| EPS | -0.48 |
| Shares Out | 747.15M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 9,401,198 |
| Open | 0.2474 |
| Previous Close | 0.2579 |
| Day's Range | 0.2400 - 0.2540 |
| 52-Week Range | 0.1516 - 2.2200 |
| Beta | 2.64 |
| Analysts | Strong Buy |
| Price Target | 1.39 (+451.37%) |
| Est. Earnings | Nov 17, 2026 |
About CAN
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 i... [Read more]
Financial Performance
In 2025, Canaan's revenue was $529.74 million, an increase of 96.69% compared to the previous year's $269.32 million. Losses were -$210.27 million, -15.81% less than in 2024.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for CAN stock is "Strong Buy." The 12-month stock price target is $1.39, which is an increase of 451.37% from the latest price.
News
Canaan provides september Bitcoin production and mining operation updates
Canaan (CAN) released unaudited bitcoin mining update for September 2026. The Nordic district heating project is now fully operational, delivering recovered computing heat to approximately 2,800 homes...
Canaan Inc. Provides September 2026 Bitcoin Production and Mining Operation Updates
Nordic district heating project is now fully operational Treasury now 1,875 BTC with 44 BTC mined in September SINGAPORE, Oct. 15, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Comp...
Canaan price target lowered to $1.50 from $2 at B. Riley
B. Riley lowered the firm’s price target on Canaan (CAN) to $1.50 from $2 and keeps a Buy rating on the shares. Canaan could offer near-term upside from its direct…
Canaan initiated with a Buy at Jones
Jones initiated coverage of Canaan (CAN) with a Buy rating and $1 price target
Canaan Inc. to Exhibit at BTCHEL Conference: Showcasing Hash-to-Heat Solutions from District Networks to Home Solutions
SINGAPORE, Sept. 24, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in computing and energy infrastructure, announced today that it will exhibit at BTCHEL, he...
Canaan provides August bitcoin production, mining operation updates
Canaan (CAN) released its unaudited bitcoin mining update for the month ending August 31. “August was a month of steady execution and active capital allocation for the Company,” said Nangeng…
Canaan Inc. Provides August 2026 Bitcoin Production and Mining Operation Updates
Sold all ETH holdings and 54 BTC near short-term highs and repurchased 13.6 million ADSs Equipment installation set to begin at Canadian compute heat recovery project SINGAPORE, Sept. 14, 2026 /PRNew...
Canaan price target lowered to 75c from $1.30 at Rosenblatt
Rosenblatt lowered the firm’s price target on Canaan (CAN) to 75c from $1.30 and keeps a Buy rating on the shares. The firm says bitcoin market headwinds and ongoing repurposing…
Canaan price target lowered to $2 from $3 at BTIG
BTIG lowered the firm’s price target on Canaan (CAN) to $2 from $3 and keeps a Buy rating on the shares after the company reported Q2 earnings. The firm expects…
Canaan Earnings Call Transcript: Q2 2026
Q2 2026 saw revenue fall below guidance due to weak Bitcoin prices and cautious miner demand, but mining operations remained a key revenue driver. The company improved its cash position, advanced Project ABC, and prioritized liquidity and asset efficiency while maintaining a cautious outlook for Q3.
Canaan Earnings release: Q2 2026
Canaan released its Q2 2026 earnings on September 8, 2026, summarizing the period's financial results.
Canaan Slides: Q2 2026
Canaan has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on September 8, 2026.
Canaan reports Q2 EPS (13c), consensus (15c)
Reports Q2 revenue $31.87M, consensus $31.2M. Nangeng Zhang, chairman, and chief executive officer of Canaan (CAN), commented, “Q2 2026 presented a difficult period for bitcoin mining, as renewed bitc...
Canaan sees Q4 revenue $11M-$15M, consensus $63.22M
“As we enter the second half of 2026, we intend to maintain disciplined inventory levels, preserve financial flexibility, and direct resources toward securing power capacity for our compute-energy inf...
Canaan Inc. Reports Unaudited Second Quarter 2026 Financial Results
Reached a record 1,915 BTC and 3,952 ETH cryptocurrency treasury [1] Mined 243 bitcoins in the Second Quarter 2026 Repurchased approximately 16.4 million ADSs for an Aggregate of US$7.4 million as of ...
Canaan Inc. to Report Second Quarter 2026 Financial Results on September 8, 2026
SINGAPORE, Sept. 1, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it plans to report its financial...
Canaan Inc. to Exhibit at Bitcoin Asia 2026: Company to Showcase Bitcoin Computing Solutions Across a Range of Applications
SINGAPORE, Aug. 25, 2026 /PRNewswire/ – Canaan Inc. (NASDAQ: CAN)("Canaan" or the "Company"), an innovator in computing and energy infrastructure, will be an exhibitor at the Bitcoin Asia conference, ...
Canaan provides July bitcoin production, mining operation updates
Canaan (CAN) released its unaudited bitcoin mining update for the month ending July 31. “July was a month of continued operational discipline as we navigated a dynamic mining environment,” said…
Canaan Inc. Provides July 2026 Bitcoin Production and Mining Operation Updates
SINGAPORE, Aug. 17, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today released its unaudited bitcoin mining update fo...
Canaan to repurchase shares using portion of digital asset treasury
Canaan (CAN) has authorized its management to monetize a portion of its digital asset treasury to fund repurchases of its ADSs under the share repurchase program authorized by its board…
Canaan Inc. to Repurchase Shares Using Portion of Digital Asset Treasury
Repurchases will be executed under the Company's existing share repurchase authorization SINGAPORE, Aug. 4, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in ...
Canaan receives extension to regain compliance with Nasdaq listing rules
Canaan (CAN) announced that it has received written notification from The Nasdaq Stock Market granting the Company an additional 180-day period, or until January 11, 2027, to regain compliance with…
Canaan Inc. Receives Additional 180-day Compliance Period from Nasdaq to Regain Compliance with Minimum Bid Price Requirement
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 notifica...
Canaan mines 64 Bitcoins in June
Canaan (CAN) released its unaudited bitcoin mining update for June 2026. Cannan achieved cryptocurrency holdings of 1,915 BTC and 3,952 ETH. Non-JV installed hashrate was 10.05 EH/s. Published first o...
Canaan Inc. Provides June 2026 Bitcoin Production and Mining Operation Updates
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...