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CAN Stock Chart & Stats
$0.40
$0.02(9.09%)
At close: 4:00 PM EDT
$0.40
$0.02(9.09%)
Day’s Range― - ―
52-Week Range$0.15 - $2.22
Previous Close$0.25
Volume7.87M
Average Volume (3M)10.97M
Market Cap
$168.54M
Enterprise Value$202.11M
Total Cash (Recent Filing)$66.01M
Total Debt (Recent Filing)$60.50M
Price to Earnings (P/E)―
Beta2.20
Next Earnings
Nov 17, 2026EPS Estimate
-0.13Next Dividend Ex-DateN/A
Dividend Yield3.74%
Share Statistics
EPS (TTM)-0.45
Shares Outstanding703,832,700
10 Day Avg. Volume7,449,906
30 Day Avg. Volume10,970,343
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.74
Price to Sales (P/S)0.61
P/FCF Ratio0.00
Enterprise Value/Market Cap1.20
Enterprise Value/Revenue0.46
Enterprise Value/Gross Profit-9.60
Enterprise Value/Ebitda-1.30
Forecast
1Y Price Target
$1.75Price Target Upside337.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.36
Revenue Forecast (FY)$197.11M
Bulls Say, Bears Say
Bulls Say
Asset AcquisitionAcquisition of significant stakes in three Texas bitcoin mining sites expands self-mining capacity and supports direct bitcoin production.
Power StrategyOwning and operating dedicated power at those sites enables deployment of next-generation miners for self-mining and helps reduce inventory risk.
Sales MomentumRecord shipment volume to a major North American customer drove a strong revenue quarter, demonstrating robust demand for the company's rigs.
Bears Say
Capital Needs And DilutionOngoing financing requirements for research and manufacturing may necessitate equity issuance, increasing the risk of shareholder dilution.
Competitive Pressure And Secondary MarketLarge miners shifting into high-performance computing and a potential flood of used miners could depress demand and pricing for new equipment.
Revenue OutlookManagement's guidance implies a steep sequential revenue decline, heightening concerns about near-term top-line momentum.
Canaan News
CAN FAQ
What was Canaan’s price range in the past 12 months?
Canaan lowest stock price was $0.15 and its highest was $2.22 in the past 12 months.
What is Canaan’s market cap?
Canaan’s market cap is $168.54M.
When is Canaan’s upcoming earnings report date?
Canaan’s upcoming earnings report date is Nov 17, 2026 which is in 28 days.
How were Canaan’s earnings last quarter?
Canaan released its earnings results on Sep 08, 2026. The company reported -$0.13 earnings per share for the quarter, missing the consensus estimate of -$0.063 by -$0.067.
Is Canaan overvalued?
According to Wall Street analysts Canaan’s price is currently Undervalued.
Does Canaan pay dividends?
Canaan pays a Notavailable dividend of $0.38 which represents an annual dividend yield of 3.74%. See more information on Canaan dividends here
What is Canaan’s EPS estimate?
Canaan’s EPS estimate is -0.13.
How many shares outstanding does Canaan have?
Canaan has 703,832,700 shares outstanding.
What happened to Canaan’s price movement after its last earnings report?
Canaan reported an EPS of -$0.13 in its last earnings report, missing expectations of -$0.063. Following the earnings report the stock price went down -10.278%.
Which hedge fund is a major shareholder of Canaan?
Currently, no hedge funds are holding shares in CAN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Canaan Stock Smart Score
Neutral
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$1.75 (337.50% Upside)
$1.75 (337.50% Upside)
Blogger Sentiment
Bullish
CAN Sentiment 100%
Sector Average 65%
Sector Average 65%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-85.50%
12-Months-Change
Fundamentals
Return on Equity
-80.25%
Trailing 12-Months
Asset Growth
-24.64%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Canaan
Canaan Inc. operates as a holding company, primarily engaged in the design, production, and sale of Bitcoin mining hardware, in addition to supplying various associated services. A key focus for the company is the advancement and implementation of environmentally conscious mining practices. This firm was co-founded by Jia Xuan Li, Xiang Fu Liu, and Nan Geng Zhang on January 19, 2013, and its corporate headquarters are situated in Singapore.
CAN Company Deck
CAN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Negative
The call highlighted stronger liquidity, disciplined expense management, positive mining cash contribution, Project ABC progress, share repurchases, and continued investment in mining efficiency, compute-to-heat, Avalon Home, and long-term power resources. However, these positives were outweighed by the difficult Bitcoin mining environment, Q2 revenue below guidance, sharply lower Q3 revenue guidance of USD 11 million to USD 15 million, weak equipment demand, pricing pressure, a large adjusted EBITDA loss, accounting charges, and Nasdaq bid-price compliance risk.View all CAN earnings summariesCAN Stock 12 Month Forecast
Average Price Target
$1.75
▲(337.50% Upside)
Technical Analysis
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Ownership Overview
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Insiders
0.05% Mutual Funds
0.02% Other Institutional Investors
96.40% Public Companies and Individual Investors