Symbols / CAN $0.48 +0.21%
CAN Chart
About
Canaan Inc. engages in the research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment 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; and distribution of edge computing chip products, as well as mining business. The company has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Georgia, Paraguay, Thailand, Indonesia, Australia, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Computer Hardware | Market Cap | 326.29M |
| Enterprise Value | 4.74B | Income | -210.27M | Sales | 529.74M |
| Book/sh | 0.66 | Cash/sh | 0.01 | Dividend Yield | — |
| Payout | 0.00% | Employees | — | IPO | — |
| P/E | — | Forward P/E | -13.74 | PEG | — |
| P/S | 0.62 | P/B | 0.73 | P/C | — |
| EV/EBITDA | -63.08 | EV/Sales | 8.96 | Quick Ratio | 1.17 |
| Current Ratio | 3.31 | Debt/Eq | 12.55 | LT Debt/Eq | — |
| EPS (ttm) | -0.45 | EPS next Y | -0.04 | EPS Growth | — |
| Revenue Growth | 121.10% | Earnings | 2026-05-13 | ROA | -12.15% |
| ROE | -59.77% | ROIC | — | Gross Margin | 7.77% |
| Oper. Margin | -7.56% | Profit Margin | -39.69% | Shs Outstand | 641.84M |
| Shs Float | 8.05B | Short Float | 8.47% | Short Ratio | 3.08 |
| Short Interest | — | 52W High | 2.22 | 52W Low | 0.42 |
| Beta | 2.50 | Avg Volume | 16.13M | Volume | 7.83M |
| Target Price | $2.05 | Recom | None | Prev Close | $0.48 |
| Price | $0.48 | Change | 0.21% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$2.05
Mean price target
2. Current target
$0.48
Latest analyst target
3. DCF / Fair value
$2.05
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$0.48
Low
$1.50
High
$3.00
Mean
$2.05
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-03-16 | main | Rosenblatt | Buy → Buy | $2 |
| 2026-02-24 | main | Rosenblatt | Buy → Buy | $2 |
| 2026-02-11 | main | Benchmark | Buy → Buy | $2 |
| 2026-02-11 | main | Rosenblatt | Buy → Buy | $2 |
| 2026-02-11 | reit | BTIG | Buy → Buy | $3 |
| 2026-02-09 | main | Rosenblatt | Buy → Buy | $3 |
| 2026-01-15 | main | Rosenblatt | Buy → Buy | $4 |
| 2025-12-15 | main | Rosenblatt | Buy → Buy | $4 |
| 2025-12-08 | init | BTIG | — → Buy | $3 |
| 2025-11-21 | main | B. Riley Securities | Buy → Buy | $3 |
| 2025-11-19 | main | Rosenblatt | Buy → Buy | $4 |
| 2025-10-29 | main | Rosenblatt | Buy → Buy | $4 |
| 2025-10-23 | main | Benchmark | Buy → Buy | $4 |
| 2025-10-14 | main | Rosenblatt | Buy → Buy | $4 |
| 2025-10-14 | reit | BTIG | Buy → Buy | $8 |
| 2025-10-13 | main | Rosenblatt | Buy → Buy | $4 |
| 2025-09-12 | main | Rosenblatt | Buy → Buy | $4 |
| 2025-08-29 | main | Rosenblatt | Buy → Buy | $4 |
| 2025-08-15 | main | Rosenblatt | Buy → Buy | $4 |
| 2025-07-10 | main | B. Riley Securities | Buy → Buy | $2 |
News
RSS: Latest CAN news- Could Nebius Stock Be a 10X Investment? - The Motley Fool ue, 17 Mar 2026 16
- Alibaba Just Announced a Business Reorganization. Can It Get the Stock Back on Track? - Barron's ue, 17 Mar 2026 12
- How CoreWeave’s ‘situationship’ with Big Tech could cause a 30% stock drop - MarketWatch ue, 17 Mar 2026 15
- Is a Market Correction Coming? - U.S. Bank Fri, 13 Mar 2026 07
- How Low Can CE Really Go In A Market Crash? - Trefis ue, 17 Mar 2026 10
- S&P 500 will return just 3% a year for the next decade, top strategist warns - Fortune ue, 17 Mar 2026 08
- Could Nebius Stock Be a 10X Investment? - The Globe and Mail ue, 17 Mar 2026 16
- When stock markets get shaken, it can pay for investors to be patient - Yahoo Finance hu, 12 Mar 2026 15
- Do Options Traders Know Something About Axogen Stock We Don't? - TradingView ue, 17 Mar 2026 15
- NBA Draft Prospects who Could Boost Their Stock in March Madness - Sports Illustrated ue, 17 Mar 2026 16
- Meta vs. Netflix: One of These Stocks Will Double — and One Will Disappoint - 24/7 Wall St. ue, 17 Mar 2026 13
- Tesla Stock Needs a Spark. Its $4.3 Billion Battery Bet Could Be It. - Barron's ue, 17 Mar 2026 14
- Where Will MP Materials Stock Be in 5 Years? - The Motley Fool ue, 17 Mar 2026 13
- How Low Can ORCL Really Go In A Market Crash? - Trefis ue, 17 Mar 2026 10
- CVNA Stock Before 5-for-1 Split: Do Fundamentals Justify a Buy Now? - TradingView ue, 17 Mar 2026 12
Insider Transactions
No recent insider transactions.
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 8.38M | -9.20M | 6.47M | 762.02K |
| TaxRateForCalcs | 0.21 | 0.11 | 0.20 | 0.02 |
| NormalizedEBITDA | -183.26M | -322.21M | 90.17M | 253.41M |
| TotalUnusualItems | 39.93M | -83.64M | 31.85M | 31.75M |
| TotalUnusualItemsExcludingGoodwill | 39.93M | -83.64M | 31.85M | 31.75M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -249.75M | -414.15M | 69.88M | 309.09M |
| ReconciledDepreciation | 28.42M | 59.64M | 33.69M | 2.19M |
| ReconciledCostOfRevenue | 353.64M | 452.26M | 421.24M | 331.00M |
| EBITDA | -143.33M | -405.85M | 122.02M | 285.16M |
| EBIT | -171.75M | -465.49M | 88.33M | 282.97M |
| NetInterestIncome | 15.00K | 956.00K | 2.37M | 1.13M |
| InterestExpense | 521.00K | 0.00 | 0.00 | 0.00 |
| InterestIncome | 536.00K | 956.00K | 2.37M | 1.13M |
| NormalizedIncome | -281.29M | -339.71M | 44.50M | 278.10M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -249.75M | -414.15M | 69.88M | 309.09M |
| TotalExpenses | 492.37M | 596.53M | 600.71M | 489.79M |
| TotalOperatingIncomeAsReported | -227.13M | -410.88M | 42.94M | 282.97M |
| DilutedAverageShares | 271.49M | 171.95M | 171.86M | 170.53M |
| BasicAverageShares | 271.49M | 171.95M | 170.67M | 168.11M |
| DilutedEPS | -0.92 | -2.41 | 0.56 | 1.84 |
| BasicEPS | -0.92 | -2.41 | 0.56 | 1.87 |
| DilutedNIAvailtoComStockholders | -249.75M | -414.15M | 69.88M | 309.09M |
| NetIncomeCommonStockholders | -249.75M | -414.15M | 69.88M | 309.09M |
| NetIncome | -249.75M | -414.15M | 69.88M | 309.09M |
| NetIncomeIncludingNoncontrollingInterests | -249.75M | -414.15M | 69.88M | 309.09M |
| NetIncomeContinuousOperations | -249.75M | -414.15M | 69.88M | 309.09M |
| TaxProvision | 77.48M | -51.34M | 18.45M | 7.76M |
| PretaxIncome | -172.27M | -465.49M | 88.33M | 316.85M |
| OtherIncomeExpense | 50.76M | -81.40M | 35.15M | 32.74M |
| OtherNonOperatingIncomeExpenses | 10.83M | 2.24M | 3.29M | 993.00K |
| SpecialIncomeCharges | -4.09M | -25.83M | -7.88M | 0.00 |
| GainOnSaleOfPPE | 7.21M | 0.00 | 0.00 | |
| WriteOff | 0.00 | 4.71M | 7.88M | |
| ImpairmentOfCapitalAssets | 11.30M | 25.83M | 7.88M | 0.00 |
| GainOnSaleOfSecurity | 44.01M | -57.81M | 39.73M | 31.75M |
| NetNonOperatingInterestIncomeExpense | 15.00K | 956.00K | 2.37M | 1.13M |
| InterestExpenseNonOperating | 521.00K | 0.00 | 0.00 | 0.00 |
| InterestIncomeNonOperating | 536.00K | 956.00K | 2.37M | 1.13M |
| OperatingIncome | -223.04M | -385.05M | 50.82M | 282.97M |
| OperatingExpense | 138.72M | 144.27M | 179.47M | 158.78M |
| OtherTaxes | 0.00 | |||
| ResearchAndDevelopment | 61.32M | 64.84M | 81.75M | 52.17M |
| SellingGeneralAndAdministration | 77.40M | 79.42M | 97.72M | 106.61M |
| SellingAndMarketingExpense | 5.71M | 8.18M | 9.41M | 15.55M |
| GeneralAndAdministrativeExpense | 71.69M | 71.25M | 88.30M | 91.06M |
| OtherGandA | 71.69M | 71.25M | 88.30M | 91.06M |
| GrossProfit | -84.32M | -240.78M | 230.29M | 441.76M |
| CostOfRevenue | 353.64M | 452.26M | 421.24M | 331.00M |
| TotalRevenue | 269.32M | 211.48M | 651.53M | 772.76M |
| OperatingRevenue | 267.25M | 210.85M | 651.42M | 771.50M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 229.28M | 257.11M | 308.14M | 226.75M |
| OrdinarySharesNumber | 5.36B | 3.51B | 2.50B | 2.58B |
| ShareIssued | 5.59B | 3.77B | 2.80B | 2.80B |
| TotalDebt | 26.88M | 1.43M | 3.75M | 4.88M |
| TangibleBookValue | 265.35M | 348.19M | 607.67M | 542.62M |
| InvestedCapital | 290.19M | 348.19M | 607.67M | 542.62M |
| WorkingCapital | 155.45M | 228.49M | 480.46M | 500.21M |
| NetTangibleAssets | 265.35M | 348.19M | 607.67M | 542.62M |
| CapitalLeaseObligations | 2.94M | 1.43M | 3.75M | 4.88M |
| CommonStockEquity | 266.25M | 348.19M | 607.67M | 542.62M |
| TotalCapitalization | 273.53M | 348.19M | 607.67M | 542.62M |
| TotalEquityGrossMinorityInterest | 266.25M | 348.19M | 607.67M | 542.62M |
| StockholdersEquity | 266.25M | 348.19M | 607.67M | 542.62M |
| OtherEquityInterest | -144.94 | -156.88 | ||
| GainsLossesNotAffectingRetainedEarnings | -42.56M | -28.99M | -22.02M | -706.77K |
| OtherEquityAdjustments | -42.56M | -28.99M | -22.02M | -706.77K |
| TreasuryStock | 57.05M | 57.05M | 57.05M | 36.28M |
| RetainedEarnings | -450.49M | -219.63M | 194.52M | 126.03M |
| AdditionalPaidInCapital | 816.36M | 653.86M | 492.22M | 453.58M |
| CapitalStock | 0.00 | 0.00 | 0.00 | 156.88 |
| CommonStock | 0.00 | 0.00 | 0.00 | 156.88 |
| TotalLiabilitiesNetMinorityInterest | 196.76M | 145.11M | 77.30M | 341.00M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 18.19M | 9.92M | 2.04M | 13.88M |
| OtherNonCurrentLiabilities | 516.00K | 598.00K | 913.70K | |
| DerivativeProductLiabilities | 0.00 | 10.41M | ||
| NonCurrentDeferredLiabilities | 9.21M | 9.19M | 0.00 | |
| NonCurrentDeferredRevenue | 9.05M | 9.19M | 0.00 | |
| NonCurrentDeferredTaxesLiabilities | 153.00K | 0.00 | ||
| LongTermDebtAndCapitalLeaseObligation | 8.98M | 210.00K | 1.44M | 2.56M |
| LongTermCapitalLeaseObligation | 1.70M | 210.00K | 1.44M | 2.56M |
| LongTermDebt | 7.28M | |||
| CurrentLiabilities | 178.57M | 135.19M | 75.26M | 327.12M |
| OtherCurrentLiabilities | 73.53M | 47.69M | 6.92M | 3.76M |
| CurrentDeferredLiabilities | 37.11M | 26.80M | 662.00K | 210.34M |
| CurrentDeferredRevenue | 37.11M | 26.80M | 662.00K | 210.34M |
| CurrentDebtAndCapitalLeaseObligation | 17.89M | 1.22M | 2.31M | 2.32M |
| CurrentCapitalLeaseObligation | 1.24M | 1.22M | 2.31M | 2.32M |
| CurrentDebt | 16.66M | |||
| OtherCurrentBorrowings | 16.66M | |||
| LineOfCredit | 0.00 | |||
| CurrentNotesPayable | 0.00 | |||
| CurrentProvisions | 582.00K | 21.58M | 12.61M | 2.83M |
| PayablesAndAccruedExpenses | 49.45M | 37.91M | 52.75M | 107.87M |
| Payables | 49.45M | 37.91M | 52.75M | 107.87M |
| OtherPayable | 22.70M | 19.68M | 20.74M | 18.62M |
| TotalTaxPayable | 12.78M | 11.98M | 15.30M | 66.74M |
| IncomeTaxPayable | 10.93M | 3.53M | 7.23M | 23.33M |
| AccountsPayable | 13.97M | 6.25M | 16.70M | 22.50M |
| TotalAssets | 463.01M | 493.30M | 684.96M | 883.62M |
| TotalNonCurrentAssets | 128.99M | 129.62M | 129.25M | 56.29M |
| OtherNonCurrentAssets | 62.30M | 28.83M | 12.53M | 3.19M |
| NonCurrentPrepaidAssets | 486.00K | 2.50M | 463.75K | |
| NonCurrentDeferredAssets | 295.00K | 66.81M | 21.74M | 15.54M |
| NonCurrentDeferredTaxesAssets | 295.00K | 66.81M | 21.74M | 15.54M |
| NonCurrentAccountsReceivable | 19.06M | |||
| InvestmentsAndAdvances | 2.78M | 2.82M | 2.87M | 3.14M |
| InvestmentinFinancialAssets | 2.78M | 2.82M | 2.87M | 3.14M |
| GoodwillAndOtherIntangibleAssets | 901.00K | 0.00 | ||
| OtherIntangibleAssets | 901.00K | |||
| NetPPE | 43.66M | 31.16M | 89.60M | 33.96M |
| AccumulatedDepreciation | -71.94M | -86.10M | -34.99M | -3.84M |
| GrossPPE | 115.60M | 117.26M | 124.59M | 37.80M |
| Leases | 5.05M | 5.77M | 4.80M | 3.36M |
| ConstructionInProgress | 9.98M | 0.00 | 0.00 | 104.33K |
| OtherProperties | 84.57M | 97.02M | 107.34M | 24.25M |
| MachineryFurnitureEquipment | 15.88M | 14.47M | 12.45M | 10.09M |
| LandAndImprovements | 120.00K | 0.00 | ||
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 334.02M | 363.68M | 555.71M | 827.33M |
| OtherCurrentAssets | 3.45M | 9.27M | 1.94M | 1.44M |
| CurrentDeferredAssets | 3.81M | 7.55M | 6.17M | 0.00 |
| RestrictedCash | 0.00 | 7.43M | ||
| PrepaidAssets | 21.00M | 50.02M | 162.02M | 226.73M |
| Inventory | 94.62M | 142.29M | 211.64M | 127.45M |
| FinishedGoods | 32.53M | 31.32M | 60.80M | 47.82M |
| WorkInProcess | 5.57M | 15.90M | 37.54M | 12.29M |
| RawMaterials | 56.52M | 95.06M | 113.31M | 67.34M |
| Receivables | 114.66M | 58.40M | 72.40M | 43.14M |
| OtherReceivables | 50.52M | |||
| TaxesReceivable | 62.62M | 55.40M | 72.40M | 43.08M |
| AccountsReceivable | 1.51M | 3.00M | 0.00 | 57.58K |
| CashCashEquivalentsAndShortTermInvestments | 96.49M | 96.15M | 101.55M | 421.13M |
| OtherShortTermInvestments | 0.00 | |||
| CashAndCashEquivalents | 96.49M | 96.15M | 101.55M | 421.13M |
| CashEquivalents | 96.49M | 96.15M | 101.55M | 421.13M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -218.57M | -126.93M | -200.35M | 196.64M |
| RepurchaseOfCapitalStock | 0.00 | 0.00 | -37.38M | -16.20M |
| RepaymentOfDebt | 0.00 | 0.00 | -5.49M | |
| IssuanceOfDebt | 9.94M | 0.00 | 0.00 | 0.00 |
| IssuanceOfCapitalStock | 130.58M | 92.42M | 10.40M | 165.63M |
| CapitalExpenditure | -19.30M | -3.31M | -17.75M | -5.64M |
| InterestPaidSupplementalData | 370.00K | 0.00 | 0.00 | 39.00K |
| IncomeTaxPaidSupplementalData | 52.00K | 2.88M | 45.42M | 68.00K |
| EndCashPosition | 96.49M | 96.15M | 101.55M | 428.45M |
| BeginningCashPosition | 96.15M | 101.55M | 428.45M | 60.66M |
| EffectOfExchangeRateChanges | -1.12M | -11.41M | -80.02M | 25.45M |
| ChangesInCash | 1.46M | 6.01M | -246.88M | 342.35M |
| FinancingCashFlow | 139.75M | 90.00M | -56.18M | 139.22M |
| CashFlowFromContinuingFinancingActivities | 139.75M | 90.00M | -56.18M | 139.22M |
| NetOtherFinancingCharges | -768.00K | -2.42M | -22.59M | -4.72M |
| ProceedsFromStockOptionExercised | 0.00 | 0.00 | -6.61M | 0.00 |
| NetPreferredStockIssuance | 129.81M | 24.57M | 0.00 | 0.00 |
| PreferredStockIssuance | 129.81M | 24.57M | 0.00 | 0.00 |
| NetCommonStockIssuance | 768.00K | 67.85M | -26.98M | 149.43M |
| CommonStockPayments | 0.00 | 0.00 | -37.38M | -16.20M |
| CommonStockIssuance | 768.00K | 67.85M | 10.40M | 165.63M |
| NetIssuancePaymentsOfDebt | 9.94M | 0.00 | 0.00 | -5.49M |
| NetLongTermDebtIssuance | 9.94M | 0.00 | 0.00 | -5.49M |
| LongTermDebtPayments | 0.00 | 0.00 | -5.49M | |
| LongTermDebtIssuance | 9.94M | 0.00 | 0.00 | 0.00 |
| InvestingCashFlow | 60.97M | 39.63M | -8.10M | 848.00K |
| CashFlowFromContinuingInvestingActivities | 60.97M | 39.63M | -8.10M | 848.00K |
| NetInvestmentPurchaseAndSale | 0.00 | 0.00 | 6.47M | |
| SaleOfInvestment | 0.00 | 0.00 | 9.61M | |
| PurchaseOfInvestment | 0.00 | 0.00 | -3.14M | |
| NetIntangiblesPurchaseAndSale | 71.49M | 40.65M | 9.64M | 0.00 |
| SaleOfIntangibles | 71.49M | 40.65M | 9.64M | 0.00 |
| NetPPEPurchaseAndSale | -10.52M | -1.02M | -17.75M | -5.62M |
| SaleOfPPE | 8.78M | 2.29M | 0.00 | 25.00K |
| PurchaseOfPPE | -19.30M | -3.31M | -17.75M | -5.64M |
| OperatingCashFlow | -199.26M | -123.62M | -182.60M | 202.28M |
| CashFlowFromContinuingOperatingActivities | -199.26M | -123.62M | -182.60M | 202.28M |
| ChangeInWorkingCapital | -103.86M | 16.11M | -412.50M | -146.23M |
| ChangeInOtherWorkingCapital | 4.80M | 19.03M | -198.73M | 132.41M |
| ChangeInOtherCurrentLiabilities | -2.62M | 6.80M | -2.23M | -3.57M |
| ChangeInOtherCurrentAssets | -1.76M | 2.01M | -2.03M | -62.00K |
| ChangeInPayablesAndAccruedExpense | -18.43M | -7.50M | 92.90M | 28.97M |
| ChangeInAccruedExpense | -26.24M | 6.33M | 60.29M | 17.03M |
| ChangeInPayable | 7.81M | -13.83M | 32.61M | 11.94M |
| ChangeInAccountPayable | 7.22M | -10.24M | 47.26M | -7.50M |
| ChangeInTaxPayable | 588.00K | -3.60M | -14.65M | 21.58M |
| ChangeInIncomeTaxPayable | 588.00K | -3.60M | -14.65M | 21.58M |
| ChangeInPrepaidAssets | 43.32M | 122.47M | -70.30M | -188.89M |
| ChangeInInventory | -129.27M | -123.68M | -232.16M | -116.15M |
| ChangeInReceivables | 97.00K | -3.01M | 58.00K | 1.06M |
| ChangesInAccountReceivables | 97.00K | -3.01M | 58.00K | 1.06M |
| OtherNonCashItems | -112.16M | -54.91M | -26.84M | -3.11M |
| StockBasedCompensation | 30.92M | 42.07M | 63.02M | 76.50M |
| UnrealizedGainLossOnInvestmentSecurities | 30.15M | 70.12M | -3.79M | -29.47M |
| ProvisionandWriteOffofAssets | 2.98M | 9.83M | 10.90M | 143.00K |
| AssetImpairmentCharge | 113.77M | 208.78M | 92.49M | 10.80M |
| DeferredTax | 73.08M | -45.69M | -7.79M | -15.35M |
| DeferredIncomeTax | 73.08M | -45.69M | -7.79M | -15.35M |
| DepreciationAmortizationDepletion | 28.42M | 59.64M | 33.69M | 2.19M |
| DepreciationAndAmortization | 28.42M | 59.64M | 33.69M | 2.19M |
| AmortizationCashFlow | 159.00K | 0.00 | 0.00 | |
| AmortizationOfIntangibles | 159.00K | 0.00 | 0.00 | |
| Depreciation | 28.26M | 59.64M | 33.69M | 2.19M |
| OperatingGainsLosses | -12.80M | -15.42M | -1.64M | -2.27M |
| GainLossOnInvestmentSecurities | -17.61M | -3.57M | -44.00K | |
| NetForeignCurrencyExchangeGainLoss | 12.02M | -9.30M | -2.01M | -2.23M |
| GainLossOnSaleOfPPE | -7.21M | -6.12M | 363.00K | 7.00K |
| NetIncomeFromContinuingOperations | -249.75M | -414.15M | 69.88M | 309.09M |
SEC Filings
No SEC filings found for this symbol (may be non-US or ticker not in SEC index).
Public Trades for CAN
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|