CAN

Canaan Inc
NASDAQTECHNOLOGYCOMPUTER HARDWARE

Key Statistics

Market Cap
$199.05M
P/E Ratio
EPS
$-0.29
Beta
2.58
52W High
$2.22
52W Low
$0.26
50-Day MA
$0.41
200-Day MA
$0.72
Dividend Yield
Profit Margin
-41.70%
Forward P/E
2.51
PEG Ratio

About Canaan Inc

Canaan Inc. is engaged in the research, design and sale of IC end system products by integrating bitcoin mining IC products and related components mainly in the People's Republic of China. The company is headquartered in Hangzhou, the People's Republic of China.

Official WebsiteChinaFY End: December

Fundamentals

Revenue (TTM)$509.65M
Gross Profit (TTM)$17.61M
EBITDA$-67.66M
Operating Margin-87.00%
Return on Equity-67.90%
Return on Assets-13.70%
Revenue/Share (TTM)$0.91
Book Value$0.51
Price-to-Book0.55
Price-to-Sales (TTM)0.42
EV/Revenue0.44
EV/EBITDA0.60
Quarterly Earnings Growth (YoY)-91.60%
Quarterly Revenue Growth (YoY)-24.30%
Shares Outstanding$724.73M
Float$552.61M
% Insiders9.11%
% Institutions19.08%

Historical Volatility

HV 10-Day
141.77%
HV 20-Day
112.26%
HV 30-Day
97.12%
HV 60-Day
92.48%
HV Rank
55.6%

Volatility is currently expanding

Latest News

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 announced that the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") has approved the transfer of the listing of the Company's American Depositary Shares ("ADSs"), each representing 15 Class A ordinary shares, from the Nasdaq Global Market to the Nasdaq Capital Market. The transfer became effective at the opening of trading on July 1, 2026.

PRNewsWire7/6/2026Neutral
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 innovator in crypto mining, today announced that its chairman and chief executive officer, Nangeng Zhang ("Zhang"), and chief financial officer, Jin "James" Cheng ("Cheng"), recently purchased additional shares of the Company's stock in the open market. The purchases were made in compliance with the Company's internal trading policies and applicable securities regulations.

PRNewsWire6/24/2026Neutral
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 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending May 31, 2026. Management Commentary "As we continued to streamline our self-mining portfolio and improve operational efficiency, our mining operations delivered solid results during May," said Nangeng Zhang, chairman and chief executive officer of Canaan.

PRNewsWire6/11/2026Neutral
Canaan Q1 Earnings Call Highlights

Canaan NASDAQ: CAN said its first-quarter 2026 results reflected a difficult operating environment for bitcoin miners, as lower bitcoin prices, weak hash prices and geopolitical and energy-market uncertainty weighed on demand for mining equipment.

MarketBeat5/19/2026Negative
Canaan (CAN) Reports Q1 Loss, Lags Revenue Estimates

Canaan (CAN) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.27 per share a year ago.

Zacks Investment Research5/19/2026Negative
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-mining projects reached approximately 11 EH/s, up 10.7% sequentially; Produced 257 bitcoins in Q1 Strategic energy infrastructure footprint expanded through the acquisition of 49% interest in ABC Projects in West Texas from Cipher Mining and Nordic hash-to-heat deployment SINGAPORE, May 19, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced its unaudited financial results for the three months ended March 31, 2026. First Quarter 2026 Operating and Financial Highlights Metrics Q1 2026 Market-readable takeaways Total revenue US$62.7 million In line with guidance Product revenue US$42.9 million Completed final deliveries under a major U.S. order Mining revenue US$19.1 million Resilient production despite BTC/hashprice volatility BTC produced 257 BTC Continued mining output Crypto treasury 1,807.60 BTC / 3,951.53 ETH Record high treasury Installed mining computing power ~11 EH/s Up 10.7% QoQ All-in power cost ~US$0.04/kWh Competitive mining cost base G&A expense US$15.0 million Down 11% QoQ Subsequent customer cash collections ~US$42 million Liquidity improved after quarter-end ABC Projects 49% interest / ~4.4 EH/s operating hashrate West Texas energy-compute footprint Nordic hash-to-heat Project 8MW planned / 2MW in operation Sustainable compute infrastructure use case   Total revenues were US$62.7 million, which was in line with the Company's previous guidance range.

PRNewsWire5/19/2026Neutral

More TECHNOLOGY Stocks

Data last updated: 7/9/2026