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Canaan (CANN) Stock Price & Analysis

CANN Stock Chart & Stats

MX$3.80-MX$0.25(-6.17%)
At close:
Mex$5Mex$7.55 Aug17 Aug1 Sep15 Sep28 Sep12 Oct26 Oct
Day’s Range
MXN 3.70 - MXN 3.92
52-Week Range
MXN 3.30 - MXN 25.50
Previous Close
MXN 4.05
Volume
6,322
Average Volume (3M)
3,344
Market Cap
MXN 2.73B
Enterprise Value
MXN 202.11M
Total Cash (Recent Filing)
MXN 66.01M
Total Debt (Recent Filing)
MXN 60.50M
Price to Earnings (P/E)
―
Beta
-0.14
Next Earnings
Nov 17, 2026 (Est.)
EPS Estimate
-2.48
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Sustained Revenue Acceleration

Sustained, large revenue acceleration indicates renewed product demand and improving market traction. Over multiple quarters this trend supports stronger scale economics and revenue visibility, reducing execution risk for capacity expansion and R&D investments over the next several quarters.

Record Mining Machine Sales & Product Traction

Record hardware deliveries and meaningful consumer-product margins show product competitiveness and portfolio diversification. Higher unit shipments plus a consumer SKU with ~33% gross margin improve long-term revenue mix and margin sustainability as scale and product mix shift.

Operational Scale, Crypto Treasury & Capital Support

Rapid hashrate growth, a sizable crypto treasury and a $72M institutional investment materially boost liquidity and optionality. Crypto holdings and capital support can fund operations, backstop expansion, and enable strategic projects (data centers, energy initiatives) beyond periodic cash-flow swings.

Bears Say

Persistent Negative Margins & Cash Flow

Ongoing negative gross and net margins and recurring negative operating/free cash flow indicate the company still struggles to convert revenue into sustainable profits. Over months this weak cash generation increases reliance on external funding and pressurizes investment in R&D and capex.

Nasdaq Minimum Bid Price Noncompliance Risk

A formal deficiency notice elevates delisting risk, which can impair access to US capital markets, increase liquidity premia and distract management. Over the medium term this structural listing risk may force dilutive actions or corporate steps that affect strategic flexibility.

Rising Mining Costs, Impairments And Operational Expenses

Higher structural operating costs from tariffs, one-time efficiency charges and impairments point to margin pressure and execution risk. If tariffs and efficiency investments persist, they will erode unit economics and require sustained higher pricing or efficiency gains to maintain profitability.

Canaan News

CANN FAQ

What was Canaan’s price range in the past 12 months?
Canaan lowest stock price was Mex$3.30 and its highest was Mex$25.50 in the past 12 months.
What is Canaan’s market cap?
Canaan’s market cap is Mex$2.73B.
When is Canaan’s upcoming earnings report date?
Canaan’s next earnings report is estimated for Nov 17, 2026 (not yet confirmed), which is in 14 days.
How were Canaan’s earnings last quarter?
Canaan released its earnings results on Sep 08, 2026. The company reported -Mex$2.443 earnings per share for the quarter, missing the consensus estimate of -Mex$1.184 by -Mex$1.259.
Is Canaan overvalued?
According to Wall Street analysts Canaan’s price is currently Undervalued.
Does Canaan pay dividends?
Canaan does not currently pay dividends.
What is Canaan’s EPS estimate?
Canaan’s EPS estimate is -2.48.
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 -Mex$2.443 in its last earnings report, missing expectations of -Mex$1.184. Following the earnings report the stock price went up 8.412%.
Which hedge fund is a major shareholder of Canaan?
Currently, no hedge funds are holding shares in MX:CANN
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