CANAAN INC (CAN) Stock Price, Forecast & Analysis
USA - NASDAQ:CAN - US1347481020 - ADR
CAN Key Statistics, Chart & Performance
The current stock price of CAN is 0.892 USD. In the past month the price decreased by -44.25%. In the past year, price decreased by -45.94%.
CAN Latest News, Press Relases and Analysis
CAN Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| AAPL | APPLE INC | 36.47 | 4.04T | ||
| DELL | DELL TECHNOLOGIES -C | 16.74 | 89.65B | ||
| WDC | WESTERN DIGITAL CORP | 24.02 | 54.10B | ||
| SNDK | SANDISK CORP | N/A | 37.24B | ||
| HPE | HEWLETT PACKARD ENTERPRISE | 12.08 | 30.12B | ||
| PSTG | PURE STORAGE INC - CLASS A | 50.65 | 27.80B | ||
| HPQ | HP INC | 7.84 | 22.93B | ||
| NTAP | NETAPP INC | 15.07 | 21.85B | ||
| SMCI | SUPER MICRO COMPUTER INC | 21.81 | 21.64B | ||
| IONQ | IONQ INC | N/A | 16.39B | ||
| DBD | DIEBOLD NIXDORF INC | 17.78 | 2.38B | ||
| QUBT | QUANTUM COMPUTING INC | N/A | 2.37B |
Related stock screener links
About CAN
Company Profile
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.
Company Info
CANAAN INC
28 Ayer Rajah Crescent, #06-08
Singapore BEIJING 310016 SG
CEO: Nangeng Zhang
Employees: 463
Phone: 6563056618
CANAAN INC / CAN FAQ
What does CAN do?
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.
Can you provide the latest stock price for CANAAN INC?
The current stock price of CAN is 0.892 USD. The price decreased by -8.04% in the last trading session.
What is the dividend status of CANAAN INC?
CAN does not pay a dividend.
What is the ChartMill rating of CANAAN INC stock?
CAN has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
Should I buy CAN stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on CAN.
What is the employee count for CAN stock?
CANAAN INC (CAN) currently has 463 employees.
Can you provide the ownership details for CAN stock?
You can find the ownership structure of CANAAN INC (CAN) on the Ownership tab.
CAN Technical Analysis
ChartMill assigns a technical rating of 1 / 10 to CAN. When comparing the yearly performance of all stocks, CAN is a bad performer in the overall market: 82.02% of all stocks are doing better.
CAN Fundamental Analysis
ChartMill assigns a fundamental rating of 3 / 10 to CAN. Both the profitability and financial health of CAN have multiple concerns.
CAN Financial Highlights
Over the last trailing twelve months CAN reported a non-GAAP Earnings per Share(EPS) of -2.26. The EPS decreased by -90.08% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -44.93% | ||
| ROE | -82.1% | ||
| Debt/Equity | 0.06 |
CAN Forecast & Estimates
10 analysts have analysed CAN and the average price target is 3 USD. This implies a price increase of 236.52% is expected in the next year compared to the current price of 0.892.
For the next year, analysts expect an EPS growth of -238.12% and a revenue growth 79.28% for CAN