NASDAQ:CAN Canaan (CAN) Stock Price, News & Analysis $0.73 +0.04 (+6.22%) Closing price 08/8/2025 04:00 PM EasternExtended Trading$0.73 0.00 (-0.67%) As of 08/8/2025 07:59 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$0.70▼$0.7550-Day Range$0.58▼$0.9852-Week Range$0.53▼$3.27Volume26.81 million shsAverage Volume57.99 million shsMarket Capitalization$273.30 millionP/E RatioN/ADividend YieldN/APrice Target$2.67Consensus RatingModerate Buy Company Overview Canaan 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™ Stocks66th Percentile Overall ScoreCAN MarketRank™: Canaan scored higher than 66% of companies evaluated by MarketBeat, and ranked 427th out of 922 stocks in the finance 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 5 buy ratings, 3 hold ratings, and no sell ratings.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 Valuation0.6 / 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 -0.72, 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 -0.72, 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 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Canaan's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted11.20% of the outstanding shares of Canaan have been sold short.Short Interest Ratio / Days to CoverCanaan has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Canaan has recently decreased by 2.09%, indicating that investor sentiment is improving. 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 Shorted11.20% of the outstanding shares of Canaan have been sold short.Short Interest Ratio / Days to CoverCanaan has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Canaan has recently decreased by 2.09%, indicating that investor sentiment is improving. News and Social Media2.3 / 5News Sentiment0.10 News SentimentCanaan has a news sentiment score of 0.10. 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 0.76 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Canaan this week, compared to 10 articles on an average week.Search Interest26 people have searched for CAN on MarketBeat in the last 30 days. This is an increase of 73% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Canaan to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 HeadlinesTorrington man arrested for allegedly driving under the influence in New CanaanAugust 8 at 7:27 PM | msn.comThe Best Things to Do in New Canaan, Connecticut's Mid-Century Modern PlaygroundAugust 8 at 2:25 PM | msn.comTrump’s national nightmare is herePorter Stansberry and Jeff Brown say a new U.S. national emergency is already underway — and it could trigger the biggest forced rotation of capital since World War II. They reveal why Trump is mobilizing America’s tech giants… and name the two stocks most likely to soar as trillions shift behind the scenes.August 9 at 2:00 AM | Porter & Company (Ad)Police search for Canaan, NH burglary suspectAugust 8 at 8:55 AM | yahoo.comCanaan Inc. to Report Second Quarter 2025 Financial Results on August 14, 2025August 7 at 9:05 AM | prnewswire.comCanaan Inc. Provides July 2025 Bitcoin Production and Mining Operation UpdatesAugust 7 at 9:00 AM | prnewswire.comFun to Do: Canaan Smith, pirate festival, The Temptations and moreAugust 7 at 6:21 AM | msn.comCanaan police working to identify suspect in connection with series of burglariesAugust 7 at 6:21 AM | 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 64.2% and is now trading at $0.7329. How were Canaan's earnings last quarter? Canaan Inc. Sponsored ADR (NASDAQ:CAN) issued its earnings results 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 the consensus estimate of $88.50 million. Canaan had a negative net margin of 93.62% and a negative trailing twelve-month return on equity of 98.53%. Read the conference call transcript. How will Canaan's stock buyback program work? Canaan's Board of Directors approved a stock buyback plan on Tuesday, May 27th 2025, which permits the company to repurchase $0 in outstanding shares, according to EventVestor. This permits the company to buy shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's management believes its stock is undervalued. 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 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 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 shareholders include OVERSEA CHINESE BANKING Corp Ltd (0.15%), SBI Securities Co. Ltd. (0.05%) and Simplex Trading LLC. 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 Earnings3/26/2025Today8/08/2025Next Earnings (Estimated)8/13/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry FIN - MISC SVCS Sub-IndustryElectronic Equipment Current SymbolNASDAQ:CAN CIK1780652 Webcanaan-creative.com Phone86-010-6097-4080FaxN/AEmployees350Year Founded2013Price Target and Rating Average Price Target for Canaan$2.67 High Price Target$5.00 Low Price Target$1.50 Potential Upside/Downside+263.9%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Trailing Twelve Months)($1.02) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$249.75 million Net Margins-93.62% Pretax Margin-69.21% Return on Equity-98.53% Return on Assets-57.74% Debt Debt-to-Equity Ratio0.09 Current Ratio1.50 Quick Ratio1.11 Sales & Book Value Annual Sales$269.32 million Price / Sales1.01 Cash FlowN/A Price / Cash FlowN/A Book Value$0.71 per share Price / Book1.03Miscellaneous Outstanding Shares372,900,000Free Float371,815,000Market Cap$273.30 million OptionableOptionable Beta3.25 Social Links The Best Nuclear Energy Stocks to BuyNuclear energy stocks are roaring. 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