Log in
NASDAQ:CAN

Canaan Stock Forecast, Price & News

$3.71
-0.06 (-1.59 %)
(As of 12/4/2020 12:00 AM ET)
Add
Compare
Today's Range
$3.56
Now: $3.71▼
$3.89
50-Day Range
$1.85
MA: $3.08▼
$6.37
52-Week Range
$1.76
Now: $3.71▼
$8.69
Volume4.25 million shs
Average Volume2.46 million shs
Market Capitalization$581.26 million
P/E Ratio5.89
Dividend YieldN/A
BetaN/A
Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final system products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly of system products; and supply chain and distribution of system products. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. The company was founded in 2013 and is based in Hangzhou, the People's Republic of China.

Beat the Market (BTM) Rank™

Analyst Opinion: 0.0Community Rank: 1.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

0.49 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:CAN
Previous Symbol
CUSIPN/A
CIKN/A
Webcanaan-creative.com
Phone86 571 8999 5063
Employees333

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio5.89
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$204.35 million
Price / Sales2.84
Cash FlowN/A
Price / Cash FlowN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Outstanding Shares156,675,000
Market Cap$581.26 million
Next Earnings Date4/8/2021 (Estimated)
OptionableNot Optionable
$3.71
-0.06 (-1.59 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CAN News and Ratings via Email

Sign-up to receive the latest news and ratings for CAN and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Canaan (NASDAQ:CAN) Frequently Asked Questions

What stocks does MarketBeat like better than Canaan?

Wall Street analysts have given Canaan a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Canaan wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Canaan's next earnings date?

Canaan is scheduled to release its next quarterly earnings announcement on Thursday, April 8th 2021.
View our earnings forecast for Canaan.

Are investors shorting Canaan?

Canaan saw a increase in short interest in November. As of November 15th, there was short interest totaling 3,440,000 shares, an increase of 20.3% from the October 31st total of 2,860,000 shares. Based on an average trading volume of 3,270,000 shares, the short-interest ratio is presently 1.1 days.
View Canaan's Short Interest.

Who are some of Canaan's key competitors?

Some companies that are related to Canaan include Xperi (XPER), Kulicke and Soffa Industries (KLIC), Rambus (RMBS), SiTime (SITM), Silicon Motion Technology (SIMO), OSI Systems (OSIS), Ultra Clean (UCTT), nLIGHT (LASR), Himax Technologies (HIMX), ChipMOS TECHNOLOGIES (IMOS), CEVA (CEVA), Ichor (ICHR), Photronics (PLAB), Maxeon Solar Technologies (MAXN) and SMART Global (SGH).
View all competitors.

Who are Canaan's key executives?

Canaan's management team includes the following people:
  • Mr. Nangeng Zhang, Chairman & CEO (Age 37)
  • Mr. N.G. Zhang, Founder and Chief Exec. Officer
  • Mr. Quanfu Hong, VP of Fin. & CFO (Age 37)
  • Mr. Jingjie Wu, VP of Technology (Age 33)
  • Mr. Shaoke Li, Sec. to the Board (Age 36)

When did Canaan IPO?

(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 served as the underwriters for the IPO and Galaxy Digital Advisors, Huatai Securities and Tiger Brokers were co-managers.

What is Canaan's stock symbol?

Canaan trades on the NASDAQ under the ticker symbol "CAN."

How do I buy shares of Canaan?

Shares of CAN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Canaan's stock price today?

One share of CAN stock can currently be purchased for approximately $3.71.

How big of a company is Canaan?

Canaan has a market capitalization of $581.26 million and generates $204.35 million in revenue each year. Canaan employs 333 workers across the globe.

What is Canaan's official website?

The official website for Canaan is canaan-creative.com.

How can I contact Canaan?

Canaan's mailing address is 30/F DICARA SILVER TOWER 29 JIEFANG EAST ROAD JIANGGAN DISTRICT, HANGZHOU F4, 310016. The company can be reached via phone at 86 571 8999 5063.

This page was last updated on 12/5/2020 by MarketBeat.com Staff
Receive Analysts' Upgrades and Downgrades Daily

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.