Canaan Inc. (CAN)
| Market Cap | 1.09B |
| Revenue (ttm) | 440.37M |
| Net Income (ttm) | 87.41M |
| Shares Out | 171.64M |
| EPS (ttm) | -0.22 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.38 (6.00%) |
| Ex-Dividend Date | Nov 15, 2021 |
| Volume | 2,578,036 |
| Open | 6.24 |
| Previous Close | 6.44 |
| Day's Range | 6.04 - 6.50 |
| 52-Week Range | 3.18 - 39.10 |
| Beta | 4.46 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 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, ...
News
Why Cryptocurrency Mining Stocks Were Up Big Today
Stocks and cryptocurrencies are bouncing back after recent pullbacks.
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.
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.
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...
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...
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.
Here's Why Canaan Stock Skyrocketed 40.3% Last Month
After recent gains, Canaan stock is now up roughly 55% across 2021's trading.
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...
Why Crypto Mining Stocks Jumped Today
Cryptocurrency prices are up and that's pulling miners higher as well.
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.
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...
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...
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...
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 ...
Why Canaan's Stock Dropped 13.8% on Wednesday
Earnings were great, but the market sold off the stock anyway.
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...
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...
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...
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...
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...
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...
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...
Why Crypto Stocks Popped on Monday Morning
Cryptocurrencies are up big today, and that's pulling crypto mining and equipment stocks with them.