Canaan (CAN) Share Price, News & Analysis

Company Overview

Starting its life as a French subscription-TV channel 40 years ago, CANAL+ today is a global media and entertainment company with a brand recognised worldwide amongst the Top 50 Most Valuable French Brands, globally (source: Kantar Brandz, 2023). It generates revenues in 195 countries and operates directly in 52 countries across Europe, Africa, Asia, and the United States, with a total of approximately 9,000 employees worldwide. With a balance of exposure to mature and high-growth markets, CANAL+ is one of the largest media companies in Europe in terms of both revenues and subscribers, and the undisputed leader in French-speaking Sub-Saharan Africa. Additionally, CANAL+ operates one of the world’s largest short-form video streaming platforms with Dailymotion. As of December 2023, CANAL+ has 26,8 million subscribers worldwide, and a global audience of over 400 million monthly active users on its OTT and video streaming platforms. CANAL+ operates through the entire audio-visual value chain and beyond. The group’s various businesses include: subscription-TV, live and on-demand, mostly through CANAL+ premium offers and its CANAL+ over-the-top or “OTT” platform, but also its significant stakes in MultiChoice in Africa, Viaplay in Europe, and Viu in Asia; advertising-supported television, through free-to-air channels and video streaming through Dailymotion and Viu; content production and distribution, mostly through Studiocanal, its leading in-house studio; and telecommunication services, through GVA in Africa and CANAL+ Telecom in the French overseas jurisdictions and territories. It also operates the iconic performance venues L’Olympia and Théâtre de l’Œuvre in France and CanalOlympia in Africa.

Key Stats

• Today's Range: 232.60 to 236.50
• 50-Day Range: 224.70 to 249.90
• 52-Week Range: 149.95 to 299.90
• Volume: 722,235 shs
• Average Volume: 4.34 million shs
• Market Capitalization: £2.32 billion
• P/E Ratio: N/A
• Dividend Yield: 0.72%
• Price Target: GBX 300
• Consensus Rating: Buy

Canaan Stock Analysis - MarketRank™

Canaan scored higher than 47% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Canaan has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Canaan has a consensus price target of GBX 300, representing about 28.3% upside from its current price of GBX 233.80.

Amount of Analyst Coverage

Canaan has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Canaan is -1,558.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CAN.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Canaan has a dividend yield of 0.72%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Canaan does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CAN.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: N/A

News Sentiment

Canaan has a news sentiment score of 1.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.13 average news sentiment score of companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Canaan this week, compared to 0 articles on an average week.

Search Interest

104 people have searched for CAN on MarketBeat in the last 30 days. This is an increase of 940% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Canaan insiders have bought more of their company's stock than they have sold. Specifically, they have bought £37,200 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 0.34% of the stock of Canaan is held by insiders.

Percentage Held by Institutions

Only 22.48% of the stock of Canaan is held by institutions.

CAN Stock Analysis - Frequently Asked Questions

How have CAN shares performed this year?

Canaan's stock was trading at GBX 203 on January 1st, 2025. Since then, CAN stock has increased by 15.2% and is now trading at GBX 233.80.

How do I buy shares of Canaan?

Shares of CAN stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: LON:CAN
• Previous Symbol: LON:CAN
• CIK: N/A
• Web: N/A
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Canaan: GBX 300
• High Price Target: GBX 300
• Low Price Target: GBX 300
• Potential Upside/Downside: +28.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £6.45 billion
• Price / Sales: 0.36
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 991,106,000
• Free Float: N/A
• Market Cap: £2.32 billion
• Optionable: N/A
• Beta: N/A