Canaan

CAN · NASDAQ

$0.2326+$0.00 (+0.00%)TodayMarket closed ·
Prev close $0.2326

About CAN

Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. The firm is a fabless IC designer engaged in the front-end and back-end of IC design. The firm primarily offers its technology and expertise in ASIC applications to Bitcoin mining machines and is also a producer of Bitcoin mining machines in the global market. The Company, through its subsidiaries, independently designs and develops its products in-house, including the design of proprietary ASIC chips for its Bitcoin mining machines. The company has in-house production capabilities to assemble both Bitcoin mining machines and artificial intelligence (AI) chips. The company assembles its Bitcoin mining machines primarily at its assembly plant located in the People’s Republic of China (PRC) by integrating the ICs designed by the Company and related components it procures. The company also intends to engage in Bitcoin mining through self-owned facilities.

Employees
463
Headquarters
Singapore, Beijing
Listed
Nov 21, 2019
Sector
Information Technology
Industry
Technology Hardware, Storage & Peripherals
Website
canaan.io

CAN key statistics

Market cap
167.75M
Price-earnings ratio
0.00
Dividend yield
—
Average volume
9.23M
Volume
5.60M
Open price
$0.228
High today
$0.2452
Low today
$0.22
52 Week high
$2.22
52 Week low
$0.1516

Canaan (CAN) at a glance

As of Oct 20, 2026, Canaan (CAN) shares are priced at $0.2326, giving the company a market cap of 167.75M and a price-to-earnings ratio of 0.00.

Today the stock has traded between $0.22 and $0.2452. The current price is 5.7% above the day's low and 5.1% below its high.

Volume so far is 5.60M shares, below the average of 9.23M shares a day.

Over the past year Canaan has ranged from $0.1516 to $2.22, and now sits 4% of the way up that range.

Canaan met or beat analyst EPS estimates in 2 of the last 8 quarters. In Q2 FY26 it reported -$0.14 per share against an estimate of -$0.0606.

The average analyst price target is $1.44, 517.0% above the current price, from 4 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

100%of 4 analyst ratings say Buy
  • Buy100.0%
  • Hold0.0%
  • Sell0.0%
Price target · 8 analystsAvg $1.44
Low
$0.7575
Now
$0.2326
High
$2.20

CAN earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 2 of the last 8 quarters, by 43.4% on average.

  1. Q3 FY24: reported -$0.27 per share against an estimate of -$0.0505
  2. Q4 FY24: reported -$0.022 per share against an estimate of -$0.0909
  3. Q1 FY25: reported -$0.27 per share against an estimate of -$0.0657
  4. Q2 FY25: reported -$0.03 per share against an estimate of -$0.0337
  5. Q3 FY25: reported -$0.054 per share against an estimate of -$0.0505
  6. Q4 FY25: reported -$0.134 per share against an estimate of -$0.0202
  7. Q1 FY26: reported -$0.13 per share against an estimate of -$0.0269
  8. Q2 FY26: reported -$0.14 per share against an estimate of -$0.0606

CAN news

  • Press releasePRNewswire

    Canaan Announces Appointment of KPMG in Singapore as Independent Auditor

  • Press releasePRNewswire

    Canaan Inc. Provides September 2026 Bitcoin Production and Mining Operation Updates

  • 12 Information Technology Stocks Moving In Tuesday's After-Market Session

  • Press releasePRNewswire

    Canaan Inc. to Exhibit at BTCHEL Conference: Showcasing Hash-to-Heat Solutions from District Networks to Home Solutions

  • Henry Khederian

    Canaan Stock Surges Friday: What's Happening?

  • Bamboo Works

    Canaan Takes A Double Hit Amid Crypto Pain

  • Press releasePRNewswire

    Canaan Inc. Provides August 2026 Bitcoin Production and Mining Operation Updates

  • 12 Information Technology Stocks Moving In Friday's Intraday Session

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.