CAN Key Statistics, Chart & Performance
The current stock price of CAN is 0.79 USD. In the past month the price decreased by -16.02%. In the past year, price decreased by -59.28%.
CAN Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| AAPL | APPLE INC | 34.72 | 3.83T | ||
| DELL | DELL TECHNOLOGIES -C | 13.2 | 80.84B | ||
| WDC | WESTERN DIGITAL CORP | 30.51 | 68.54B | ||
| SNDK | SANDISK CORP | N/A | 55.31B | ||
| HPE | HEWLETT PACKARD ENTERPRISE | 11.49 | 29.25B | ||
| PSTG | PURE STORAGE INC - CLASS A | 38.27 | 22.01B | ||
| NTAP | NETAPP INC | 14.17 | 20.87B | ||
| HPQ | HP INC | 6.86 | 20.07B | ||
| IONQ | IONQ INC | N/A | 17.52B | ||
| SMCI | SUPER MICRO COMPUTER INC | 18.06 | 18.00B | ||
| CMPO | COMPOSECURE INC-A | 22.39 | 2.80B | ||
| QUBT | QUANTUM COMPUTING INC | N/A | 2.63B |
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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.
What is the stock price of CANAAN INC today?
The current stock price of CAN is 0.79 USD. The price decreased by -2.54% in the last trading session.
What is the dividend status of CANAAN INC?
CAN does not pay a dividend.
What is the ChartMill technical and fundamental rating of CAN stock?
CAN has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
What do analysts say about CANAAN INC (CAN) stock?
11 analysts have analysed CAN and the average price target is 2.97 USD. This implies a price increase of 275.35% is expected in the next year compared to the current price of 0.79.
What is the Price/Earnings (PE) ratio of CANAAN INC (CAN)?
CANAAN INC (CAN) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.38).
Should I buy CAN stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on CAN.
CAN Technical Analysis
CAN Fundamental Analysis
ChartMill assigns a fundamental rating of 3 / 10 to CAN. CAN may be in some trouble as it scores bad on both profitability and health.
CAN Financial Highlights
Over the last trailing twelve months CAN reported a non-GAAP Earnings per Share(EPS) of -0.38. The EPS increased by 62.02% 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
11 analysts have analysed CAN and the average price target is 2.97 USD. This implies a price increase of 275.35% is expected in the next year compared to the current price of 0.79.
For the next year, analysts expect an EPS growth of 22.17% and a revenue growth 93.56% for CAN