CAN

Canaan Inc
NASDAQTECHNOLOGYCOMPUTER HARDWARE

Key Statistics

Market Cap
$177.72M
P/E Ratio
EPS
$-0.29
Beta
2.58
52W High
$2.22
52W Low
$0.23
50-Day MA
$0.34
200-Day MA
$0.67
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-Book0.50
Price-to-Sales (TTM)0.35
EV/Revenue0.399
EV/EBITDA0.60
Quarterly Earnings Growth (YoY)-91.60%
Quarterly Revenue Growth (YoY)-24.30%
Shares Outstanding$724.07M
Float$552.61M
% Insiders9.11%
% Institutions18.78%

Historical Volatility

HV 10-Day
84.02%
HV 20-Day
113.75%
HV 30-Day
103.21%
HV 60-Day
87.58%
HV Rank
63.1%

Volatility is currently contracting

Analyst Ratings

Consensus ($1.72 target)
6
Buy
1
Hold

Latest News

Canaan Inc. Receives Additional 180-day Compliance Period from Nasdaq to Regain Compliance with Minimum Bid Price Requirement

SINGAPORE, July 15, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it has received written notification from The Nasdaq Stock Market LLC ("Nasdaq") granting the Company an additional 180-day period, or until January 11, 2027, to regain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The Company satisfies the continued listing requirement for market value of publicly held shares and all other applicable listing requirements for initial listing on the Nasdaq Capital Market, except for the minimum bid price requirement.

PRNewsWire7/15/2026Neutral
Canaan Inc. Provides June 2026 Bitcoin Production and Mining Operation Updates

Joint venture hashrate recovers significantly, approaches full-installed capacity SINGAPORE, July 14, 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 June 30, 2026. Management Commentary "June was a month of consolidation and recovery, and we remained focused on disciplined execution across our mining operations," said Nangeng Zhang, chairman and chief executive officer of Canaan.

PRNewsWire7/14/2026Neutral
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

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Data last updated: 7/29/2026