NASDAQ:CAN - Nasdaq - US1347481020 - ADR - Currency: USD
0.8677
-0.1 (-10.59%)
The current stock price of CAN is 0.8677 USD. In the past month the price increased by 30.29%. In the past year, price decreased by -28.29%.
Symbol | Company Name | TA | FA | PE | Market Cap |
---|---|---|---|---|---|
AAPL | APPLE INC | 29.49 | 3123.23B | ||
DELL | DELL TECHNOLOGIES -C | 15.73 | 85.32B | ||
SMCI | SUPER MICRO COMPUTER INC | 23.32 | 31.73B | ||
STX | SEAGATE TECHNOLOGY HOLDINGS | 22.72 | 31.63B | ||
HPE | HEWLETT PACKARD ENTERPRISE | 10.4 | 26.61B | ||
WDC | WESTERN DIGITAL CORP | 10.63 | 23.56B | ||
HPQ | HP INC | 7.64 | 23.03B | ||
NTAP | NETAPP INC | 14.23 | 20.73B | ||
PSTG | PURE STORAGE INC - CLASS A | 32.45 | 17.82B | ||
LOGI | LOGITECH INTERNATIONAL-REG | 19.24 | 15.77B | ||
IONQ | IONQ INC | N/A | 11.77B | ||
SNDK | SANDISK CORP | N/A | 6.21B |
Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. The company employs 463 full-time employees The company went IPO on 2019-11-21. 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.
CANAAN INC
28 Ayer Rajah Crescent, #06-08
Singapore BEIJING 310016 SG
CEO: Nangeng Zhang
Employees: 463
Phone: 6563056618
The current stock price of CAN is 0.8677 USD. The price decreased by -10.59% in the last trading session.
The exchange symbol of CANAAN INC is CAN and it is listed on the Nasdaq exchange.
CAN stock is listed on the Nasdaq exchange.
10 analysts have analysed CAN and the average price target is 2.88 USD. This implies a price increase of 231.66% is expected in the next year compared to the current price of 0.8677. Check the CANAAN INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.
CANAAN INC (CAN) has a market capitalization of 399.46M USD. This makes CAN a Small Cap stock.
CANAAN INC (CAN) currently has 463 employees.
CANAAN INC (CAN) has a support level at 0.61 and a resistance level at 0.98. Check the full technical report for a detailed analysis of CAN support and resistance levels.
The Revenue of CANAAN INC (CAN) is expected to grow by 116.81% in the next year. Check the estimates tab for more information on the CAN EPS, Sales, EBIT and EBITDA future analyst estimates.
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
CAN does not pay a dividend.
CANAAN INC (CAN) will report earnings on 2025-08-13.
CANAAN INC (CAN) does not have a PE ratio as the earnings reported over the last twelve months were negative (-2.09).
The outstanding short interest for CANAAN INC (CAN) is 160.24% of its float. Check the ownership tab for more information on the CAN short interest.
ChartMill assigns a technical rating of 4 / 10 to CAN. When comparing the yearly performance of all stocks, CAN is a bad performer in the overall market: 73.1% of all stocks are doing better.
ChartMill assigns a fundamental rating of 3 / 10 to CAN. CAN has a bad profitability rating. Also its financial health evaluation is rather negative.
Over the last trailing twelve months CAN reported a non-GAAP Earnings per Share(EPS) of -2.09. The EPS decreased by -45.28% compared to the year before.
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | N/A | ||
ROA | -54% | ||
ROE | -93.98% | ||
Debt/Equity | 0.03 |
ChartMill assigns a Buy % Consensus number of 80% to CAN. The Buy consensus is the average rating of analysts ratings from 10 analysts.
For the next year, analysts expect an EPS growth of -168.17% and a revenue growth 116.81% for CAN