Canaan Inc. (CAN)

Market Cap	529.81M
Revenue (ttm)	229.63M
Net Income (ttm)	-295.87M
Shares Out	317.25M
EPS (ttm)	-1.21
PE Ratio	n/a
Forward PE	0.79
Dividend	n/a
Ex-Dividend Date	n/a

Volume	11,363,928
Open	1.840
Previous Close	1.790
Day's Range	1.660 - 1.890
52-Week Range	0.720 - 3.270
Beta	3.27
Analysts	Strong Buy
Price Target	4.33 (+159.28%)
Earnings Date	Mar 4, 2025

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....

• Industry: Computer Hardware
• Sector: Technology
• IPO Date: Nov 21, 2019
• Employees: 445
• Stock Exchange: NASDAQ
• Ticker Symbol: CAN
• Website: https://investor.canaan-creative.com

Analyst Forecast

According to 3 analysts, the average rating for CAN stock is "Strong Buy." The 12-month stock price forecast is $4.33, which is an increase of 159.28% from the latest price.

Price Target

$4.33

(159.28% upside)

Analyst Consensus: Strong Buy