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Canaan Inc. (CAN)

NASDAQ: CAN · IEX Real-Time Price · USD
6.33
-0.11 (-1.71%)
At close: Dec 8, 2021 4:00 PM
6.35
0.02 (0.32%)
After-hours:Dec 8, 2021 7:57 PM EST
Market Cap1.09B
Revenue (ttm)440.37M
Net Income (ttm)87.41M
Shares Out171.64M
EPS (ttm)-0.22
PE Ration/a
Forward PEn/a
Dividend$0.38 (6.00%)
Ex-Dividend DateNov 15, 2021
Volume2,578,036
Open6.24
Previous Close6.44
Day's Range6.04 - 6.50
52-Week Range3.18 - 39.10
Beta4.46
Analystsn/a
Price Targetn/a
Earnings DateNov 16, 2021

About CAN

Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final system products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly of system products; and supply chain and distribution of system products. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. The company was founded in 2013 and is based in Hangzhou, ...

IndustryTechnology Hardware, Storage & Peripherals
IPO DateNov 21, 2019
Employees248
Stock ExchangeNASDAQ
Ticker SymbolCAN
Full Company Profile

Financial Performance

Financial numbers in millions CNYFinancial Statements

News

Why Cryptocurrency Mining Stocks Were Up Big Today

Stocks and cryptocurrencies are bouncing back after recent pullbacks.

Other symbols:HIVEMARA
1 day ago - The Motley Fool

Elizabeth Warren and Chinese Regulators Sink Crypto Miner Canaan, Down 25%

The discussion around energy usage is picking up for crypto miners, and Canaan is feeling the pain today.

5 days ago - The Motley Fool

Canaan Clocks ~22% Sequential Revenue Growth In Q3

Canaan Inc (NASDAQ: CAN) reported third-quarter FY21 revenue growth of 708.2% year-on-year to $204.5 million. Revenue increased 21.8% sequentially.

3 weeks ago - Benzinga

Canaan Inc. Reports Unaudited Third Quarter 2021 Financial Results

BEIJING, Nov. 16, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for...

3 weeks ago - PRNewsWire

7 Semiconductor Stocks to Buy for the Holiday Tech Rush

Semiconductor stocks are set to benefit from increased demand for chips as part of the holiday tech rush. Here are seven to consider now.

3 weeks ago - InvestorPlace

Canaan Inc. to Report Third Quarter 2021 Financial Results on November 16, 2021

BEIJING, Nov. 9, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it plans to release its third q...

4 weeks ago - PRNewsWire

Why Shares of Marathon Digital Holdings, Bitfarms, and Canaan Are Up Today

All three seem to be benefiting from the move higher in the broader crypto market.

Other symbols:BITFMARA
1 month ago - The Motley Fool

Here's Why Canaan Stock Skyrocketed 40.3% Last Month

After recent gains, Canaan stock is now up roughly 55% across 2021's trading.

1 month ago - The Motley Fool

Canaan Secures Follow-On Purchase Order From Hive Blockchain for 6,500 Bitcoin Mining Machines

BEIJING, Oct. 29, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has secured a follow-on pur...

Other symbols:HIVE
1 month ago - PRNewsWire

Why Crypto Mining Stocks Jumped Today

Cryptocurrency prices are up and that's pulling miners higher as well.

Other symbols:CLSKHUT
1 month ago - The Motley Fool

COIN and 5 Other Crypto Stocks Seeing Gains as Bitcoin Approaches $60K

Crypto stocks are up big this afternoon. Investors are preparing for Bitcoin to near its all-time high by investing in relevant companies.

Other symbols:ANYBTBTCOINMARAMSTR
1 month ago - InvestorPlace

Why Square, Coinbase, and Canaan All Dropped Along With Cryptocurrencies on Friday

Crypto prices are down again, and that's not good news for anyone with exposure to cryptocurrencies.

Other symbols:COINSQ
2 months ago - The Motley Fool

Canaan Inc. Announces Up to US$20 Million New Share Repurchase Program

BEIJING, Sept. 20, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its board of directors has au...

2 months ago - PRNewsWire

Canaan Plans $20M Share Buyback

High-performance computing solutions provider Canaan Inc's (NASDAQ: CAN) board approved a $20 million share buyback program worth outstanding ADS, each representing 15 Class A shares over the next 12 mo...

2 months ago - Benzinga

Canaan Set To Join The FTSE Russell Indexes Today

Canaan Inc (NASDAQ: CAN) will be a part of the FTSE Global Equity Index Series (GEIS) China Regional Index, effective after the close of business on September 17. The computing solutions provider recent...

2 months ago - Benzinga

Canaan to Join the FTSE Russell Indexes

BEIJING, Sept. 17, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it will be added to the FTSE ...

2 months ago - PRNewsWire

Why Canaan's Stock Dropped 13.8% on Wednesday

Earnings were great, but the market sold off the stock anyway.

2 months ago - The Motley Fool

Canaan Clocks 507% Revenue Growth In Q2, Expands Margin

Computing solutions provider Canaan Inc (NASDAQ: CAN) reported second-quarter FY21 revenue growth of 507.3% year-on-year to $167.5 million. A substantial increase in total computing power sold drove the...

2 months ago - Benzinga

Canaan Stock Gains On Strong Q2 Performance, Robust Q3 Outlook

Computing solutions provider Canaan Inc (NASDAQ: CAN) reported second-quarter FY21 revenue growth of 507.3% year-on-year to $167.5 million. A substantial increase in total computing power sold drove the...

2 months ago - Benzinga

Canaan Inc. Reports Unaudited Second Quarter 2021 Financial Results and Announces Change of Board Composition

BEIJING, Sept. 15, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results fo...

2 months ago - PRNewsWire

Canaan Names New Auditor

Canaan Inc (NASDAQ: CAN) appointed KPMG Huazhen LLP as its independent auditor, effective September 13, dismissing PricewaterhouseCoopers Zhong Tian LLP. The reports of PwC on Canaan's consolidated fina...

2 months ago - Benzinga

Canaan Announces Change of Auditor

BEIJING, Sept. 13, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has dismissed Pricewaterho...

2 months ago - PRNewsWire

Canaan Inc. to Report Second Quarter 2021 Financial Results on September 15, 2021

BEIJING, Sept. 9, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it plans to release its second...

2 months ago - PRNewsWire

Canaan Cements Strategic Partnership With Genesis Digital Assets via Milestone Sales Contract With an Additional Purc...

BEIJING, Aug. 31, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has secured a purchase orde...

3 months ago - PRNewsWire

Why Crypto Stocks Popped on Monday Morning

Cryptocurrencies are up big today, and that's pulling crypto mining and equipment stocks with them.

Other symbols:BTCMHUTMARA
3 months ago - The Motley Fool