Canaan Inc. (CAN)

SG — Technology Sector
Peers: BMBL  WOLF  BGIN  BLZE  POET  DJCO  DDD  SPT  CCSI  DOMO 

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Key Metrics & Ratings

  • symbol CAN
  • Rev/Share 0.8136
  • Book/Share 0.7317
  • PB 0.8409
  • Debt/Equity 0.1255
  • CurrentRatio 1.8546
  • ROIC -0.3271

 

  • MktCap 275794855.0
  • FreeCF/Share -0.7445
  • PFCF -0.7135
  • PE -1.4642
  • Debt/Assets 0.0711
  • DivYield 0
  • ROE -0.7186

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 2
  • P/B Score 4
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation CAN BTIG Research -- Buy -- $3 Dec. 8, 2025
Resumed CAN Compass Point -- Buy -- -- Sept. 15, 2025
Initiation CAN Northland Capital -- Market Perform -- $1.5 June 18, 2025
Initiation CAN The Benchmark Company -- Buy -- $3 May 6, 2025
Initiation CAN Compass Point -- Buy -- $2.5 March 18, 2025
Initiation CAN B. Riley Securities -- Buy -- $2 Sept. 18, 2024
Initiation CAN Rosenblatt -- Buy -- $3 Sept. 11, 2024

News

Canaan Presents A Golden Opportunity
CAN
Published: March 05, 2025 by: Seeking Alpha
Sentiment: Positive

Canaan's stock is extremely oversold but shows strong support around $1.15 to $1.30, presenting a compelling risk/reward opportunity for investors. The company is a small-cap Bitcoin miner with competitive costs and new products like the Avalon Q, potentially boosting future profitability. Despite recent earnings revisions, Canaan's valuation appears too low, especially given its potential to achieve significant profits by 2025 and 2026.

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image for news Canaan Presents A Golden Opportunity
Canaan Inc. Announces January 2025 Bitcoin Production and Mining Operation Updates
CAN
Published: February 19, 2025 by: PRNewsWire
Sentiment: Neutral

SINGAPORE , Feb. 19, 2025 /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 January 31, 2025. Management Commentary "In January, we made solid progress across all segments of our business, as we expanded our customer base, announced two Avalon Home consumer products, and advanced our self-mining capacity, leading to an increase in our bitcoin holdings," said Nangeng Zhang, chairman and chief executive officer of Canaan.

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image for news Canaan Inc. Announces January 2025 Bitcoin Production and Mining Operation Updates
Canaan Inc. to Participate in the "Digital Assets 2025: To Bitcoin and Beyond," Virtual Conference Presented by Maxim Group LLC
CAN
Published: February 10, 2025 by: PRNewsWire
Sentiment: Neutral

SINGAPORE , Feb. 10, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its director of business development, Christopher Crowell, will present at the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference, presented by Maxim Group LLC, on Wednesday, February 12, 2025, at 8:30 a.m. EST. As part of the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference, Matthew Galinko, research analyst at Maxim Group, will sit down with Canaan and other companies in the digital asset ecosystem, including bitcoin miners, equipment providers, and corporate adopters of crypto …

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image for news Canaan Inc. to Participate in the "Digital Assets 2025: To Bitcoin and Beyond," Virtual Conference Presented by Maxim Group LLC

About Canaan Inc. (CAN)

  • IPO Date 2019-11-20
  • Website http://www.canaan.io
  • Industry Computer Hardware
  • CEO Nangeng Zhang
  • Employees 463

Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. It focuses on the development of green mining. The company was founded by Jia Xuan Li, Xiang Fu Liu and Nan Geng Zhang on January 19, 2013 and is headquartered in Singapore.