Symbols / CAN
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 | 337.62M |
| Enterprise Value | 4.24B | 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 | 74.62 | PEG | — |
| P/S | 0.64 | P/B | 0.75 | P/C | — |
| EV/EBITDA | -56.34 | EV/Sales | 8.00 | Quick Ratio | 1.17 |
| Current Ratio | 3.31 | Debt/Eq | 12.55 | LT Debt/Eq | — |
| EPS (ttm) | -0.45 | EPS next Y | 0.01 | 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 | 8.70B | Short Float | 6.82% | Short Ratio | 2.28 |
| Short Interest | — | 52W High | 2.22 | 52W Low | 0.43 |
| Beta | 2.55 | Avg Volume | 19.31M | Volume | 14.33M |
| Target Price | $2.12 | Recom | Strong_buy | Prev Close | $0.43 |
| Price | $0.50 | Change | 16.01% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$2.12
Mean price target
2. Current target
$0.50
Latest analyst target
3. DCF / Fair value
$2.12
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$0.50
Low
$1.50
High
$3.00
Mean
$2.12
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 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 |
| 2025-07-08 | main | Rosenblatt | Buy → Buy | $5 |
News
RSS: Latest CAN news- How Low Can Adobe Stock Go? - Forbes ue, 24 Feb 2026 14
- Will Micron Technology Stock Split? - The Motley Fool ue, 24 Feb 2026 20
- Here's what can happen to a retirement portfolio when stocks are volatile (and how to hedge against it) - CBS News ue, 24 Feb 2026 18
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- Software stocks rebound as Anthropic announces new partnerships - CNBC ue, 24 Feb 2026 17
- Down 94% From Its Record High, Can Snap Stock Snap Back in 2026? - Nasdaq ue, 24 Feb 2026 10
- Salesforce’s stock has been hit hard by AI fears. Can anything in its earnings report turn things around? - MarketWatch ue, 24 Feb 2026 17
- Buy Stock in Cubs Reliever Ryan Rolison While You Still Can - North Side Baseball ue, 24 Feb 2026 23
- IBM Stock Stung By Anthropic Fears. Analyst Says AI 'Can't Replace' The Mainframe. - Investor's Business Daily ue, 24 Feb 2026 13
- Are the Best Days Over for IBM Stock? What Price Volatility Tells Us and How You Can Trade IBM Now. - Barchart.com ue, 24 Feb 2026 15
- 2026 Medical Outlook: Hundreds of Companies Queue for HK Stock Listings - Can the Medical Sector Create Another "Myth"? - 36Kr Wed, 25 Feb 2026 00
- Can Axon Stock Fall To $300? - Forbes ue, 24 Feb 2026 18
- 3 Breakout Growth Stocks You Can Buy and Hold for the Next Decade - The Motley Fool ue, 24 Feb 2026 18
- Could Novartis Stock Quietly Help You Build a Millionaire Retirement Portfolio? - The Motley Fool ue, 24 Feb 2026 21
- Moderna Stock: How Far Can The Flu Shot Fly? - Forbes ue, 24 Feb 2026 15
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 | 21.13M | 0.00 | 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 | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|