Canaan Inc. (CAN)

Market Cap	737.67M
Revenue (ttm)	345.36M
Net Income (ttm)	-265.97M
Shares Out	664.57M
EPS (ttm)	-0.83
PE Ratio	n/a
Forward PE	66.47
Dividend	n/a
Ex-Dividend Date	n/a

Volume	22,556,649
Open	1.130
Previous Close	1.150
Day's Range	1.080 - 1.150
52-Week Range	0.535 - 3.270
Beta	2.85
Analysts	Strong Buy
Price Target	3.57 (+221.62%)
Earnings Date	Nov 18, 2025

About CAN

Canaan Inc. engages in the research and development, 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 edge computing chip products, as well as mining business. The company has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, M...

• Industry: Computer Hardware
• Sector: Technology
• IPO Date: Nov 21, 2019
• Employees: 463
• Stock Exchange: NASDAQ
• Ticker Symbol: CAN
• Website: https://investor.canaan-creative.com

Financial Performance

In 2024, Canaan's revenue was $269.32 million, an increase of 27.35% compared to the previous year's $211.48 million. Losses were -$249.75 million, -39.70% less than in 2023.

Analyst Summary

According to 7 analysts, the average rating for CAN stock is "Strong Buy." The 12-month stock price target is $3.57, which is an increase of 221.62% from the latest price.

Price Target

$3.57

(221.62% upside)

Analyst Consensus: Strong Buy