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Canaan (CAN) News Today

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$0.72 +0.00 (+0.35%)
Closing price 07/11/2025 04:00 PM Eastern
Extended Trading
$0.78 +0.06 (+8.83%)
As of 04:59 AM 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.

Why Is Canaan Up Today?

Canaan Inc. Sponsored ADR (NASDAQ:CAN) shares have risen on the back of fresh analyst updates that highlight both a maintained Buy outlook and an improving path to profitability.

  • Positive Sentiment: B. Riley retained its Buy rating and set a $2.00 price target (down from $3.00), implying roughly 177% upside from current levels. Price Target Cut to $2.00
  • Positive Sentiment: The same B. Riley report projects shrinking losses for Canaan—($0.08) EPS in Q2’25, ($0.03) in Q3, ($0.01) in Q4—and a swing to $0.06 EPS in FY 2026. Q2 Earnings Estimate
  • Neutral Sentiment: Short interest remains effectively zero, with a 0.0-day cover ratio, indicating minimal current bearish positioning.
Posted 1+ days agoAI Generated. May Contain Errors.

CAN Latest News

B. Riley Forecasts Canaan's Q2 Earnings (NASDAQ:CAN)
B. Riley Lowers Canaan (NASDAQ:CAN) Price Target to $2.00
What is B. Riley's Estimate for Canaan Q2 Earnings?
Canaan Inc. Announces Strategic Realignment
Canaan (NASDAQ:CAN) Cut to Sell at Wall Street Zen
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CAN Media Mentions By Week

CAN Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

CAN
News Sentiment

-0.13

0.95

Average
Finance
News Sentiment

CAN News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

CAN Articles
This Week

24

10

CAN Articles
Average Week

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This page (NASDAQ:CAN) was last updated on 7/14/2025 by MarketBeat.com Staff
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