Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.3450
-0.0275 (-7.38%)
At close: Sep 30, 2026, 4:00 PM EDT
0.3458
+0.0008 (0.23%)
After-hours: Sep 30, 2026, 6:52 PM EDT

Canaan Statistics

Total Valuation

Canaan has a market cap or net worth of $257.77 million. The enterprise value is $260.12 million.

Market Cap257.77M
Enterprise Value 260.12M

Important Dates

The next estimated earnings date is Tuesday, November 17, 2026, before market open.

Earnings Date Nov 17, 2026
Ex-Dividend Date n/a

Share Statistics

Canaan has 747.15 million shares outstanding. The number of shares has increased by 96.61% in one year.

Current Share Class n/a
Shares Outstanding 747.15M
Shares Change (YoY) +96.61%
Shares Change (QoQ) +4.59%
Owned by Insiders (%) 8.88%
Owned by Institutions (%) 14.09%
Float 588.11M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.58
Forward PS 1.49
PB Ratio 0.88
P/TBV Ratio 0.88
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.59
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.86, with a Debt / Equity ratio of 0.24.

Current Ratio 2.86
Quick Ratio 1.40
Debt / Equity 0.24
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -58.18

Financial Efficiency

Return on equity (ROE) is -97.07% and return on invested capital (ROIC) is -44.42%.

Return on Equity (ROE) -97.07%
Return on Assets (ROA) -18.45%
Return on Invested Capital (ROIC) -44.42%
Return on Capital Employed (ROCE) -45.38%
Weighted Average Cost of Capital (WACC) 15.75%
Revenue Per Employee $1.11M
Profits Per Employee -$749,707
Employee Count399
Asset Turnover 0.85
Inventory Turnover 3.91

Taxes

In the past 12 months, Canaan has paid $2.75 million in taxes.

Income Tax 2.75M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -61.00% in the last 52 weeks. The beta is 2.73, so Canaan's price volatility has been higher than the market average.

Beta (5Y) 2.73
52-Week Price Change -61.00%
50-Day Moving Average 0.30
200-Day Moving Average 0.46
Relative Strength Index (RSI) 49.72
Average Volume (20 Days) 15,175,858

Short Selling Information

The latest short interest is 67.97 million, so 9.95% of the outstanding shares have been sold short.

Short Interest 67.97M
Short Previous Month 66.51M
Short % of Shares Out 9.95%
Short % of Float n/a
Short Ratio (days to cover) 2.74

Income Statement

In the last 12 months, Canaan had revenue of $441.31 million and -$299.13 million in losses. Loss per share was -$0.48.

Revenue441.31M
Gross Profit -21.03M
Operating Income -153.26M
Pretax Income -296.38M
Net Income -299.13M
EBITDA -110.75M
EBIT -153.26M
Loss Per Share -$0.48
Full Income Statement

Balance Sheet

The company has $68.30 million in cash and $70.66 million in debt, with a net cash position of -$2.36 million or -$0.00 per share.

Cash & Cash Equivalents 68.30M
Total Debt 70.66M
Net Cash -2.36M
Net Cash Per Share -$0.00
Equity (Book Value) 292.71M
Book Value Per Share 0.39
Working Capital 202.06M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$123.59 million and capital expenditures -$9.16 million, giving a free cash flow of -$132.75 million.

Operating Cash Flow -123.59M
Capital Expenditures -9.16M
Depreciation & Amortization 42.50M
Net Borrowing -4.85M
Free Cash Flow -132.75M
FCF Per Share -$0.18
Full Cash Flow Statement

Margins

Gross margin is -4.77%, with operating and profit margins of -34.73% and -67.78%.

Gross Margin -4.77%
Operating Margin -34.73%
Pretax Margin -67.16%
Profit Margin -67.78%
EBITDA Margin -25.10%
EBIT Margin -34.73%
FCF Margin n/a

Dividends & Yields

Canaan does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
FCF Payout Ratio n/a
Buyback Yield -96.61%
Shareholder Yield -96.61%
Earnings Yield -116.05%
FCF Yield -51.50%

Analyst Forecast

The average price target for Canaan is $1.48, which is 328.99% higher than the current price. The consensus rating is "Strong Buy".

Price Target $1.48
Price Target Difference 328.99%
Analyst Consensus Strong Buy
Analyst Count 6
Revenue Growth Forecast (3Y) n/a
EPS Growth Forecast (3Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Canaan has an Altman Z-Score of -0.5 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.5
Piotroski F-Score 4