Canaan Inc. (CAN)

NASDAQ: CAN · IEX Real-Time Price · USD
1.010
-0.020 (-1.94%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-1.94%
Market Cap 288.96M
Revenue (ttm) 191.34M
Net Income (ttm) -369.18M
Shares Out 286.10M
EPS (ttm) -0.28
PE Ratio n/a
Forward PE 2.15
Dividend n/a
Ex-Dividend Date n/a
Volume 2,323,258
Open 1.040
Previous Close 1.030
Day's Range 1.000 - 1.050
52-Week Range 0.750 - 3.500
Beta 3.12
Analysts Strong Buy
Price Target 4.25 (+320.79%)
Earnings Date May 17, 2024

About CAN

Canaan Inc. engages in the research, 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 artificial intelligence products, as well as mining business. The company has operations in the United States, Australia, Kazakhstan, Canada, Indonesia, Mainland China, Malaysia, Thailand, Cyprus, and internationally.... [Read more]

Sector Technology
IPO Date Nov 21, 2019
Employees 445
Stock Exchange NASDAQ
Ticker Symbol CAN
Full Company Profile

Financial Performance

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CAN stock is "Strong Buy." The 12-month stock price forecast is $4.25, which is an increase of 320.79% from the latest price.

Price Target
$4.25
(320.79% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

The Schall Law Firm Is Conducting An Investigation Into Canaan Inc For Possible Securities Violations And Calls On Investors Who Suffered Losses To Connect With The Firm

LOS ANGELES, CA / ACCESSWIRE / July 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

8 hours ago - Accesswire

The Schall Law Firm Is Undertaking A Probe Into Canaan Inc For Potential Securities Infringements And Appeals To Investors Who Experienced Losses To Get In Touch With The Firm

LOS ANGELES, CA / ACCESSWIRE / June 28, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Can...

4 days ago - Accesswire

The Schall Law Firm Is Conducting An Inquiry Into Canaan Inc For Possible Securities Breaches And Urges Investors That Have Suffered Losses To Reach Out To The Firm

LOS ANGELES, CA / ACCESSWIRE / June 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Can...

6 days ago - Accesswire

Canaan Launches the Third Generation of Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024

MIAMI , June 26, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN), the creator of ASIC Bitcoin miners, unveiled its latest advancement, the Avalon Immersion Cooling Miner A1566I, with a hash rate of 249...

6 days ago - PRNewsWire

The Schall Law Firm Is Probing Canaan Inc For Possible Securities Breaches And Urges Investors With Losses To Reach Out To The Firm

LOS ANGELES, CA / ACCESSWIRE / June 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Can...

7 days ago - Accesswire

The Schall Law Firm Is Investigating Canaan Inc For Potential Securities Violations And Encourages Investors Who Incurred Losses To Contact The Firm

LOS ANGELES, CA / ACCESSWIRE / June 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Can...

8 days ago - Accesswire

Canaan Inc Being Probed By Schall Law Firm For Possible Securities Breaches Investors Who Suffered Losses Urged To Reach Out To The Firm

LOS ANGELES, CA / ACCESSWIRE / June 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Can...

9 days ago - Accesswire

Canaan Inc Under Investigation By Schall Law Firm For Potential Securities Violations Investors Who Incurred Losses Encouraged To Contact The Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violati...

10 days ago - Accesswire

The Schall Law Firm Is Investigating Canaan Inc For Potential Violations Of Securities Laws And Encourages Investors With Losses To Make Contact

LOS ANGELES, CA / ACCESSWIRE / June 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Can...

12 days ago - Accesswire

The Schall Law Firm Is Probing Canaan Inc. For Possible Breaches Of Securities Laws. The Firm Urges Investors Who Incurred Losses To Reach Out

LOS ANGELES, CA / ACCESSWIRE / June 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Can...

13 days ago - Accesswire

Canaan Inc Is Being Probed By The Schall Law Firm For Possible Securities Breaches Investors Who Have Incurred Losses Are Urged To Reach Out

LOS ANGELES, CA / ACCESSWIRE / June 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Can...

14 days ago - Accesswire

Canaan Inc. Under Investigation By Schall Law Firm For Potential Securities Violations. Investors Who Lost Money Encouraged To Contact The Firm

LOS ANGELES, CA / ACCESSWIRE / June 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Can...

15 days ago - Accesswire

Allegations Against Canaan Inc. (NASDAQ:CAN): Schall Law Firm Initiates Investigation And Encourages Affected Investors To Reach Out

LOS ANGELES, CA / ACCESSWIRE / June 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Can...

21 days ago - Accesswire

Claims Leveled At Canaan Inc. (NASDAQ:CAN): Schall Law Firm Initiates Investigation And Urges Affected Investors To Participate

LOS ANGELES, CA / ACCESSWIRE / June 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

23 days ago - Accesswire

Accusations Against Canaan Inc. (NASDAQ:CAN): Schall Law Firm Begins Inquiry And Calls On Impacted Investors To Engage

LOS ANGELES, CA / ACCESSWIRE / June 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

24 days ago - Accesswire

Claims Against Canaan Inc. (NASDAQ:CAN): Schall Law Firm Initiates Probe And Invites Affected Investors To Connect

LOS ANGELES, CA / ACCESSWIRE / June 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

25 days ago - Accesswire

Allegations Against Canaan Inc. (NASDAQ:CAN): Schall Law Firm Begins Investigation And Encourages Impacted Investors To Reach Out

LOS ANGELES, CA / ACCESSWIRE / June 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

26 days ago - Accesswire

Canaan Inc. Secures Large Avalon Miner A1566 Purchase Order From Cipher Mining Technologies Inc.

SINGAPORE , June 6, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has signed a large purc...

Other symbols: CIFR
26 days ago - PRNewsWire

Canaan Inc. (NASDAQ:CAN) Allegations: Schall Law Firm Initiates Inquiry and Invites Affected Investors to Connect

LOS ANGELES, CA / ACCESSWIRE / June 5, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

27 days ago - Accesswire

The Schall Law Firm is initiating an inquiry into allegations against Canaan Inc. and is inviting investors who have incurred losses to reach out

LOS ANGELES, CA / ACCESSWIRE / June 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

4 weeks ago - Accesswire

CAN INVESTIGATION PROGRESS ALERT: The Schall Law Firm Announces it is Investigating Claims Against Canaan Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

4 weeks ago - Accesswire

ONGOING INVESTIGATION UPDATE: The Schall Law Firm Announces it is Investigating Claims Against Canaan Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

4 weeks ago - Accesswire

ONGOING INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Canaan Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

4 weeks ago - Accesswire

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Canaan Inc. and Encourages Investors with Losses to Contact the Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violati...

4 weeks ago - Accesswire

IMPORTANT SHAREHOLDER ALERT: The Schall Law Firm Announces it is Investigating Claims Against Canaan Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Cana...

4 weeks ago - Accesswire