Canaan Inc. (CAN)
| Market Cap | 126.62M -57.9% |
| Revenue (ttm) | 509.65M +60.8% |
| Net Income | -212.58M |
| EPS | -0.38 |
| Shares Out | 744.84M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 59,326,672 |
| Open | 0.2442 |
| Previous Close | 0.2437 |
| Day's Range | 0.1700 - 0.2488 |
| 52-Week Range | 0.1700 - 2.2200 |
| Beta | 2.58 |
| Analysts | Strong Buy |
| Price Target | 1.72 (+911.77%) |
| Earnings Date | Aug 18, 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 $1.72, which is an increase of 911.77% from the latest price.
News
Canaan receives extension to regain compliance with Nasdaq listing rules
Canaan (CAN) announced that it has received written notification from The Nasdaq Stock Market granting the Company an additional 180-day period, or until January 11, 2027, to regain compliance with…
Canaan Inc. Receives Additional 180-day Compliance Period from Nasdaq to Regain Compliance with Minimum Bid Price Requirement
SINGAPORE, July 15, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it has received written notifica...
Canaan mines 64 Bitcoins in June
Canaan (CAN) released its unaudited bitcoin mining update for June 2026. Cannan achieved cryptocurrency holdings of 1,915 BTC and 3,952 ETH. Non-JV installed hashrate was 10.05 EH/s. Published first o...
Canaan Inc. Provides June 2026 Bitcoin Production and Mining Operation Updates
Joint venture hashrate recovers significantly, approaches full-installed capacity SINGAPORE, July 14, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto...
Canaan Inc. Completes Transfer to Nasdaq Capital Market
Applies for additional 180-day minimum bid price compliance period SINGAPORE, July 6, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today a...
Canaan’s CEO and CFO acquire additional shares of the company
Canaan (CAN) announced that its chairman and CEO, Nangeng Zhang, and CFO Jin “James” Cheng, recently 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
Open market purchases underscore management's confidence in Canaan's long-term growth strategy SINGAPORE, June 24, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innova...
Canadian Gold Resources Announces 2026 Exploration Program Across Three Québec Properties; Provides Lac Arsenault Operational Update
Dieppe, New Brunswick--(Newsfile Corp. - June 18, 2026) - Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") is pleased to announce its 2026 exploration program, which will en...
Canaan mines 90 Bitcoins in April
Canaan (CAN) released its unaudited bitcoin mining update for the month ending May 31. Cannan achieved cryptocurrency holdings of 1,867 BTC and 3,952 ETH. Non-JV installed hashrate was 10.05 EH/s.
Canaan Inc. Provides May 2026 Bitcoin Production and Mining Operation Updates
North America n fleet efficiency improved by ~11% YoY, reach ing a record 17.9J/TH Further expanded global operations with hash-to-heat deployment in the Nordic region SINGAPORE, June 11, 2026 /P...
Canaan price target lowered to $1.30 from $2.25 at Rosenblatt
Rosenblatt lowered the firm’s price target on Canaan (CAN) to $1.30 from $2.25 and keeps a Buy rating on the shares post the Q1 report. The company is “persevering” through…
Canaan Earnings Call Transcript: Q1 2026
Q1 2026 saw revenue of $62.7M amid Bitcoin price volatility and industry caution, with strong North American sales and mining expansion. The company completed the ABC Projects acquisition, maintained disciplined cost control, and guided Q2 revenue of $35–$45M.
Canaan Earnings release: Q1 2026
Canaan released its Q1 2026 earnings on May 19, 2026, summarizing the period's financial results.
Canaan Slides: Q1 2026
Canaan has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 19, 2026.
Canaan selected to support district heating network in Nordic region
Canaan (CAN) announced that it has been selected to support a district heating network in the Nordic region. The heating solution, developed in partnership with a Nordic heating provider, utilizes…
Canaan Inc. Reports Unaudited First Quarter 2026 Financial Results
Revenue of US$62.7 million was in line with guidance; cryptocurrency treasury[1] reached a record 1,807.60 BTC and 3,951.53 ETH as of March 31, 2026 Installed mining computing power across 10 joint-mi...
Canaan Inc. Wins Competitive Bid to Provide Hash-to-Heat Equipment to Nordic District Heating Network
High-temperature heat reuse converts compute waste into scalable district heating infrastructure Project provides additional validation of Canaan's expansion into energy-integrated compute infrastruc...
Bitcoin Back to Its Roots: Canaan Inc. Joins "The Renaissance of Home Mining" Roundtable at Bitcoin 2026
SINGAPORE, May 19, 2026 /PRNewswire/ -- At the Bitcoin 2026 conference in Las Vegas, Canaan Inc. (NASDAQ: CAN) was invited to participate in the roundtable discussion titled "Bitcoin's Return to Its R...
Canaan mines 90 Bitcoins in April 2026
Canaan (CAN) released unaudited bitcoin mining update for April 2026. Cannan achieved record high cryptocurrency holdings of 1,826 BTC and 3,952 ETH. Installed hashrate grew 34.6% year-over-year to 10...
Canaan Inc. Provides April 2026 Bitcoin Production and Mining Operation Updates
Achieved record high cryptocurrency treasury of 1,826 BTC and 3,952 ETH Installed hashrate grew 34.6% year-over-year to 10.97 EH/s, excluding hashrate from JV SINGAPORE, May 14, 2026 /PRNewswire/ -...
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...