NASDAQ:CAN Canaan (CAN) Stock Price, News & Analysis $0.69 0.00 (-0.68%) Closing price 05/2/2025 04:00 PM EasternExtended Trading$0.69 +0.00 (+0.65%) As of 05/2/2025 07:57 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 Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Canaan Stock (NASDAQ:CAN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Canaan alerts:Sign Up Key Stats Today's Range$0.69▼$0.7350-Day Range$0.65▼$1.3652-Week Range$0.65▼$3.27Volume12.66 million shsAverage Volume11.81 million shsMarket Capitalization$193.59 millionP/E RatioN/ADividend YieldN/APrice Target$3.88Consensus RatingModerate Buy Company OverviewCanaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has operations in the United States, Australia, Kazakhstan, Hong Kong, Canada, Mainland China, Thailand, Sweden, and internationally. Canaan Inc. was founded in 2013 and is based in Singapore.Read More… Canaan Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks52nd Percentile Overall ScoreCAN MarketRank™: Canaan scored higher than 52% of companies evaluated by MarketBeat, and ranked 453rd out of 654 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy Consensus RatingCanaan has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageCanaan has only been the subject of 3 research reports in the past 90 days.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 ($0.74) to $0.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canaan is -0.51, 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 -0.51, 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 0.46. 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 Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted6.30% of the float of Canaan has been sold short.Short Interest Ratio / Days to CoverCanaan has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Canaan has recently increased by 6.05%, indicating that investor sentiment is decreasing 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. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted6.30% of the float of Canaan has been sold short.Short Interest Ratio / Days to CoverCanaan has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Canaan has recently increased by 6.05%, indicating that investor sentiment is decreasing significantly. News and Social Media2.6 / 5News Sentiment0.62 News SentimentCanaan has a news sentiment score of 0.62. 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 0.79 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Canaan this week, compared to 8 articles on an average week.Search InterestOnly 6 people have searched for CAN on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat Follows8 people have added Canaan to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days. Company Ownership1.7 / 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 InsidersOnly 0.29% 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. Email Address CAN Stock News HeadlinesNew Canaan Playhouse wins award, Pulitzer-winning critic's lecture and other newsMay 1 at 9:11 AM | msn.comFormer New Canaan lunch lady pleads guilty in $500,000 theft from schoolsApril 30 at 5:08 PM | msn.comDonald Trump is about to free crypto from its chains …Sure enough, Bitcoin took off on the exact day Juan said it would. It's up more than 40% since the election … surpassing $100,000 on Dec. 8 .… Now Juan believes it could hit $150,000 … or higher in 2025.May 3, 2025 | Weiss Ratings (Ad)American Idol fans says contestant 'needs to go' and compares his singing to 'screeching'April 30 at 5:08 PM | msn.comOne of Connecticut’s fastest rising ‘top bakery cafes’ opens in New CanaanApril 29, 2025 | msn.comDeath of Hartland woman ruled a homicideApril 29, 2025 | msn.comNew Canaan (CT) defeats No. 20 Rumson-Fair Haven - Boys lacrosse recapApril 26, 2025 | nj.comHow Tucker and Randolph County residents can be citizen scientists for the weekendApril 26, 2025 | msn.comSee More Headlines CAN Stock Analysis - Frequently Asked Questions How have CAN shares performed this year? Canaan's stock was trading at $2.05 at the start of the year. Since then, CAN stock has decreased by 66.5% and is now trading at $0.6875. View the best growth stocks for 2025 here. How were Canaan's earnings last quarter? Canaan Inc. (NASDAQ:CAN) released its quarterly earnings data on Wednesday, March, 26th. The company reported ($2.17) EPS for the quarter, missing analysts' consensus estimates of ($0.88) by $1.29. The business earned $88.77 million during the quarter, compared to analyst estimates of $88.50 million. Canaan had a negative trailing twelve-month return on equity of 60.37% and a negative net margin of 128.85%. Read the conference call transcript. Does Canaan have any subsidiaries? Canaan subsidiaries include these companies: 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 (IPO) on Thursday, November 21st 2019. The company issued 10,000,000 shares at a price of $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. Who are Canaan's major shareholders? Canaan's top institutional investors include Exchange Traded Concepts LLC (0.66%), Polunin Capital Partners Ltd (0.48%), SBI Securities Co. Ltd. (0.05%) and Beacon Financial Group (0.04%). 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 Zomedica (ZOM), NVIDIA (NVDA), Meta Platforms (META), PayPal (PYPL), Advanced Micro Devices (AMD) and NIO (NIO). Company Calendar Last Earnings3/26/2025Today5/03/2025Next Earnings (Estimated)5/16/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryElectronic Equipment Current SymbolNASDAQ:CAN CIK1780652 Webcanaan-creative.com Phone86-010-6097-4080FaxN/AEmployees350Year Founded2013Price Target and Rating Average Stock Price Target$3.88 High Stock Price Target$8.00 Low Stock Price Target$2.00 Potential Upside/Downside+463.6%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.91) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-414,150,000.00 Net Margins-128.85% Pretax Margin-142.31% Return on Equity-60.37% Return on Assets-42.71% Debt Debt-to-Equity Ratio0.08 Current Ratio2.03 Quick Ratio1.45 Sales & Book Value Annual Sales$269.32 million Price / Sales0.72 Cash FlowN/A Price / Cash FlowN/A Book Value$1.49 per share Price / Book0.46Miscellaneous Outstanding Shares281,582,000Free Float280,765,000Market Cap$193.59 million OptionableOptionable Beta3.48 Social Links The Best Nuclear Energy Stocks to BuyNuclear energy stocks are roaring. 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