Canaan Inc. (CAN)
| Market Cap | 358.59M +15.4% |
| Revenue (ttm) | 529.74M +96.7% |
| Net Income | -210.27M |
| EPS | -0.45 |
| Shares Out | 745.50M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,047,709 |
| Open | 0.4944 |
| Previous Close | 0.5000 |
| Day's Range | 0.4800 - 0.5083 |
| 52-Week Range | 0.3861 - 2.2200 |
| Beta | 2.66 |
| Analysts | Strong Buy |
| Price Target | 3.21 (+567.36%) |
| Earnings Date | May 19, 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 $3.21, which is an increase of 567.36% from the latest price.
News
Canaan Inc. to Report First Quarter 2026 Financial Results on May 19, 2026
SINGAPORE, May 12, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it plans to report its financial results for the firs...
Canaan Inc. Extends Collaboration with Tether on New Form Factors for Mining and Compute Systems
Canaan has successfully developed customized hash boards for Tether under a pre-agreed R&D framework Modular architecture enables higher compute density, reduced waste, simplified maintenance, and eas...
Canaan Inc. Files 2025 Annual Report on Form 20-F
SINGAPORE, April 15, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has filed its annual report on Form 20-F for the...
Canaan Inc. Provides March 2026 Bitcoin Production and Mining Operation Updates
Expanded North American capacity with over 10 MW added Achieved record high cryptocurrency treasury of 1,808 BTC and 3,952 ETH SINGAPORE, April 15, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Can...
Canaan Inc. to Present at Jefferies Virtual Power x Data Center Conference
SINGAPORE, March 31, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it will present at the Jefferies Virtual Power x Da...
Canaan management to meet with Rosenblatt
Meeting to be held in New York on March 23-26 hosted by Rosenblatt.
Canaan management to meet with Rosenblatt
Meeting to be held in Baltimore on March 19 and in Philadelphia on March 20 hosted by Rosenblatt.
Canaan provides February 2026 bitcoin production and mining operation updates
Canaan (CAN) released its unaudited bitcoin mining update for February 2026. “Our continued strategic execution highlights the importance of integrating energy resources into our strategy as we streng...
Canaan Inc. Provides February 2026 Bitcoin Production and Mining Operation Updates
Doubles down on energy strategy with West Texas joint venture SINGAPORE, March 10, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today rele...
Canaan says CEO, CFO purchase 1.46M American Depositary Shares
Canaan (CAN) announced that its chairman and CEO, Nangeng Zhang, and CFO, Jin “James” Cheng, had purchased additional shares of the company’s stock in the open market. The purchases were…
Canaan Inc. Announces Open Market Share Purchases by Chief Executive Officer and Chief Financial Officer
SINGAPORE, March 3, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its chairman and chief executive officer, Nangeng Zh...
Canaan price target lowered to $2 from $2.50 at B. Riley
B. Riley lowered the firm’s price target on Canaan (CAN) to $2 from $2.50 and keeps a Buy rating on the shares. The revised price target reflects the company’s Q4…
Canaan acquires Cipher Mining’s interest in multiple Texas mining projects
Canaan (CAN) has acquired Cipher Mining’s (CIFR) 49% equity interest in the joint venture comprising Alborz LLC, Bear LLC, and Chief Mountain LLC – collectively, the ABC Projects. Following the…
Canaan Inc. Acquires Cipher Mining's Interest in Multiple Operational Mining Projects Totaling ~4.4 EH/s in West Texas
Acquires 49% equity interest in Alborz LLC, Bear LLC, and Chief Mountain LLC Adds Cipher Mining as significant shareholder through non-cash transaction Includes acquisition of 6,840 Avalon® A15Pro m...
Canaan price target lowered to $2.25 from $2.50 at Rosenblatt
Rosenblatt lowered the firm’s price target on Canaan (CAN) to $2.25 from $2.50 and keeps a Buy rating on the shares. The firm sees Q1 as the trough for revenue…
Canaan price target lowered to $1.50 from $3 at H.C. Wainwright
H.C. Wainwright analyst Kevin Dede lowered the firm’s price target on Canaan (CAN) to $1.50 from $3 and keeps a Buy rating on the shares. The firm cites the company’s…
Canaan Earnings Call Transcript: Q4 2025
Q4 2025 revenue surged 121% year-over-year to $196M, driven by record mining machine sales and North American demand. Despite margin pressure from Bitcoin price volatility and inventory write-downs, liquidity remains strong and 2026 guidance is cautious at $60M–$70M.
Canaan reports Q4 EPS (13c), consensus (1c)
Reports Q4 revenue $196.27M, consensus $175.68M. Nangeng Zhang, chairman, and chief executive officer of Canaan (CAN), commented, “We closed 2025 with strong performance, achieving our highest quarter...
Canaan sees Q1 revenue $60M-$70M, consensus $155.64M
The company said, “For the first quarter of 2026, the Company expects total revenues to be in the range of US$60 million to US$70 million, reflecting the near-term market conditions…
Canaan Inc. Provides January 2026 Bitcoin Production and Mining Operation Updates
Achieved record high cryptocurrency treasury of 1,778 BTC and 3,951 ETH Deployed global hashrate exceeded 10 EH/s SINGAPORE, Feb. 10, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "C...
Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2025 Financial Results
Total revenues achieved US$196.3 million, up 121.1% YoY Bitcoin mining revenues reached US$30.4 million, up 98.5% YoY Cryptocurrency treasury[1] climbed to a record 1,750 BTC and 3,951 ETH as of Decem...
3 ‘Strong Buy’ Small-Cap Stocks with Big Upside, According to Analysts
Small-cap stocks often go unnoticed, but a few are grabbing Wall Street’s attention. Analysts are highlighting Canaan ($CAN), Rezolve AI ($RZLV), and MNTN, Inc. ($MNTN) as companies with solid fundame...
Canaan Inc. to Report Fourth Quarter and Full Year 2025 Financial Results on February 10, 2026
SINGAPORE, Feb. 3, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it plans to report its financial results for the four...
3 Small-Cap ‘Strong Buy’ Stocks with Big Upside in 2026, According to Analysts
Small-cap stocks often fly under the radar, but a few are catching Wall Street’s attention. Analysts are highlighting Canaan ($CAN), Gorilla Technology Group Inc. ($GRRR), and Alight ($ALIT), as compa...
Canaan faces Nasdaq delisting risk after shares fall below $1 threshold
Crypto mining hardware maker Canaan Inc. has received a warning from Nasdaq after its share price fell below the exchange's minimum requirement, putting the company at risk of delisting unless it can ...