NASDAQ:CAN Canaan (CAN) Stock Price, News & Analysis $0.22 +0.00 (+0.05%) Closing price 10/23/2026 04:00 PM EasternExtended Trading$0.22 +0.00 (+0.92%) As of 10/23/2026 07:58 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Canaan Stock (NASDAQ:CAN) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Canaan alerts:Sign Up Key Stats Today's Range$0.21▼$0.2250-Day Range$0.22▼$0.4452-Week Range$0.15▼$1.95Volume2.31 million shsAverage Volume7.53 million shsMarket Capitalization$155.42 millionP/E RatioN/ADividend YieldN/APrice Target$1.75Consensus RatingModerate Buy Company Overview Canaan Inc. is a technology company that develops application-specific integrated circuit (ASIC) products and related computing solutions. The company is best known for its Avalon series of Bitcoin mining machines, which are designed to perform the specialized computations required to validate transactions and support blockchain networks. In addition to cryptocurrency-mining equipment, Canaan develops high-performance computing hardware and artificial intelligence (AI) solutions. Its product portfolio has included AI accelerator chips, edge-computing devices and related software or systems intended for applications such as intelligent transportation, security, robotics and other data-intensive technologies. Founded in 2013, Canaan is headquartered in China and serves customers and business partners in international markets. The company became publicly traded on the Nasdaq Stock Market in 2019. Canaan was founded by Nangeng Zhang, who has served as the company’s chief executive officer and remains a key member of its leadership.AI Generated. May Contain Errors. Read More Canaan Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks65th Percentile Overall ScoreCAN MarketRank™: 3.231046931405 of 5 starsCanaan scored higher than 65% of companies evaluated by MarketBeat, and ranked 280th out of 590 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.3 / 5Analyst RatingModerate Buy Consensus RatingCanaan has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 1 strong buy rating, 5 buy ratings, no hold ratings, and 2 sell ratings.Upside PotentialCanaan has a consensus price target of $1.75, representing about 706.5% upside from its current price of $0.22.Amount of Analyst CoverageCanaan has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Canaan's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Canaan are expected to grow in the coming year, from ($0.39) to ($0.10) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canaan is -0.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Canaan is -0.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCanaan has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Canaan's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted8.96% of the float of Canaan has been sold short.Short Interest Ratio / Days to CoverCanaan has a short interest ratio ("days to cover") of 4.85.Change versus previous monthShort interest in Canaan has recently decreased by 5.86%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldCanaan does not currently pay a dividend.Dividend GrowthCanaan does not have a long track record of dividend growth. News and Social Media1.1 / 5News Sentiment-0.29 News SentimentCanaan has a news sentiment score of -0.29. 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 lower news sentiment than the 0.48 average news sentiment score of Technology companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Canaan this week, compared to 6 articles on an average week.Search InterestOnly 10 people have searched for CAN on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Canaan to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership0.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Canaan insiders have not sold or bought any company stock.Percentage Held by Insiders0.29% of the stock of Canaan is held by insiders.Percentage Held by Institutions70.14% of the stock of Canaan is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Canaan's insider trading history. Receive CAN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canaan and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. CAN Stock News HeadlinesNew Canaan and Greenwich meet in heavyweight clash3 hours ago | msn.comNo. 1 New Canaan football runs past No. 2 Greenwich and extends winning streak to 293 hours ago | sports.yahoo.com“The crisis that’s emerging now is just the tip of the iceberg,” says Dr. Martin D. Weiss, who has made shocking and accurate predictions for 55 yearsDr. Martin D. Weiss, who predicted the Dot-Com collapse and the failures of Fannie Mae, Bear Stearns, and Lehman Brothers, is warning of a developing financial crisis. The New York Times has credited him as among the first to see the dangers ahead, and Forbes dubbed him Mr. Independence. He says this emerging situation could trigger a chain reaction across banks and markets. Watch his free video breakdown and see the five steps he outlines for investors. | Weiss Ratings (Ad)No. 1 New Canaan vs. No. 2 Greenwich is just the start of an epic FCIAC football stretchOctober 23 at 8:44 AM | msn.comNew Canaan football's bookend tackles Connor Furman, Henry Reagan headed to Ivy LeagueOctober 22 at 11:25 PM | msn.comWhat to know about Friday's No. 1 New Canaan vs. No. 2 Greenwich high school football matchupOctober 22 at 8:15 AM | msn.comCanaan (NASDAQ:CAN) & Hewlett Packard Enterprise (NYSE:HPE) Critical ReviewOctober 21 at 2:15 AM | americanbankingnews.comCanaan Announces Appointment of KPMG in Singapore as Independent AuditorOctober 19, 2026 | prnewswire.comSee More Headlines CAN Stock Analysis - Frequently Asked Questions How have CAN shares performed this year? Canaan's stock was trading at $0.69 at the beginning of the year. Since then, CAN stock has decreased by 68.6% and is now trading at $0.2170. How were Canaan's earnings last quarter? Canaan Inc. Sponsored ADR (NASDAQ:CAN) issued its earnings results on Saturday, August, 15th. The company reported ($0.14) earnings per share for the quarter. The company earned $31.86 million during the quarter. Canaan had a negative net margin of 67.78% and a negative trailing twelve-month return on equity of 77.73%. Read the conference call transcript. How will Canaan's stock buyback program work? Canaan's board approved a stock buyback program on Wednesday, December 17th 2025, which permits the company to buy back $0 in shares, according to EventVestor. This permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued. Does Canaan have any subsidiaries? Canaan subsidiaries include Proof of Existence, Canaan Bright Sight Co. Ltd., Canaan Convey Co. Ltd., Canaan Creative Co. Ltd., Canaan Creative (HK) Holdings Limited, Canaan Creative International PTE. Ltd., Canaan Creative (SH) Co. Ltd., and others. When did Canaan IPO? Canaan (CAN) raised $100 million in an initial public offering on Thursday, November 21st 2019. The company issued 10,000,000 shares at $9.00-$11.00 per share. Citigroup, China Renaissance and CMBI acted as the underwriters for the IPO and Galaxy Digital Advisors, Huatai Securities and Tiger Brokers were co-managers. Who are Canaan's major shareholders? Canaan's top institutional investors include Vontobel Holding Ltd. (0.06%). How do I buy shares of Canaan? Shares of CAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Canaan own? Based on aggregate information from My MarketBeat watchlists, some other companies that Canaan investors own include NIO (NIO), NVIDIA (NVDA), MARA (MARA), Riot Platforms (RIOT), Plug Power (PLUG), Tesla (TSLA) and Advanced Micro Devices (AMD). Company Calendar Last Earnings8/15/2026Today10/23/2026Next Earnings (Estimated)11/17/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (2m+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 CAN's financial health is in the Green zone, according to TradeSmith. CAN has been in this zone for over 2 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorTechnology Industry Technology Hardware, Storage & Peripherals Sub-IndustryTechnology Hardware, Storage & Peripherals Current SymbolNASDAQ:CAN CIK1780652 Webwww.canaan.io Phone(656) 305-6618FaxN/AEmployees399Year Founded2013Price Target and Rating Average Price Target for Canaan$1.75 High Price Target$3.00 Low Price Target$0.75 Potential Upside/Downside+706.5%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Trailing Twelve Months)($0.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$210.27 million Net Margins-67.78% Pretax Margin-66.27% Return on Equity-77.73% Return on Assets-51.51% Debt Debt-to-Equity Ratio0.12 Current Ratio2.86 Quick Ratio1.67 Sales & Book Value Annual Sales$529.73 million Price / Sales0.29 Cash FlowN/A Price / Cash FlowN/A Book Value$0.61 per share Price / Book0.36Miscellaneous Outstanding Shares716,210,000Free Float714,130,000Market Cap$155.42 million OptionableOptionable Beta2.63 Social Links Forget Nvidia, Meta, and Google. Here's The New Magnificent Seven.Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.Get This Free Report This page (NASDAQ:CAN) was last updated on 10/23/2026 by MarketBeat.com Staff. From Our PartnersFinancial legend: “This is bad, really bad...”Dr. Martin D. Weiss has publicly predicted six major American financial crashes over his 55-year career leadin...Weiss Ratings | SponsoredYour book is insideBlane Markham and the Markham Trading Team are giving readers a limited window to download their options strat...TradeWins | SponsoredElon Musk’s One Stock Retirement PlanStanley Druckenmiller once said you don't get rich diversifying into 50 mediocre assets - you get rich finding...Brownstone Research | SponsoredIf you keep cash in a U.S. bank account… read this NOWSince 2020, U.S. banks have been required to keep zero percent of deposits on hand, lending out nearly every d...Banyan Hill Publishing | SponsoredThis free guide explains options the way they should be taughtMost options educators jump straight into Greeks, spreads, and implied volatility - losing beginners before th...Base Camp Trading | SponsoredMy top 3 AI picks for the next decadeAlexander Green bought Apple in 1996, recommended Nvidia at a split-adjusted 66 cents in 2004, and picked up A...The Oxford Club | Sponsored$29.97 or $0 todayThe 0DTE Game Plan normally sells for 29.97, but it is free today through this link. Inside is a straightfo...Profits Run | SponsoredWATCH THIS BEFORE DECEMBER 8th!!James Altucher says a quiet government filing could reveal Elon Musk's biggest move yet, and almost nobody has...Paradigm Press | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Canaan Inc. Sponsored ADR Please log in to your account or sign up in order to add this asset to your watchlist. Share Canaan With A Colleague Link copied to clipboard. Unlock superior investment research and tools. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools and reports. Get MarketBeat All Access MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In Email Me a Login Link or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
