CAN logo

CANAAN INC

CANNASDAQ
πŸ† #3436 by market capEarnings Nov 16US Equity
$0.37β–Ό $0.00 (βˆ’0.32%)
πŸŒ™ After hours$0.38β–² 0.67%Regular close Β· extended-hours price shown
πŸ””
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24hβ–Ό 0.3%
7dβ–Ό 9.4%
14dβ–² 21.5%
30dβ–Ό 3.1%
ytdβ–Ό 45.4%
1yβ–Ό 57.9%
🏦Market Cap
$4.30B
Small Cap
πŸ“ˆRevenue Growth (YoY)
-51.8%
Declining
πŸ“ŠGross Margin
2.0%
Thin
πŸ’΅FCF Margin
β€”
βš–οΈP/S Ratio
0.7x
Cheap
Otter Score
60
Fair

Trading Snapshot

Day Range
$0.37 – $0.37
52-Week Range
$0.15 – $2.22
Volume
$6.25B
Avg Volume
$6.30B
Shares Outstanding
11.55B
Next Earnings
Nov 6, 2026

Fundamentals Snapshot

Annual Revenue
$530M
Last Q Revenue
$32M
P/E Ratio
β€”
P/S Ratio
0.7x
EPS (TTM)
$-0.03
Dividend Yield
β€”
Dilution (1yr)
+122.1%

Why Investors Own CAN

  • βœ“High-growth profile β€” revenue up +10.2% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 31% gross margin and 28% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

CAN logo

CANAAN INC

CAN
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$530Mβ–² +96.7% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
7.8%β–Ό βˆ’124.8% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
βˆ’$112Mβ–Ό βˆ’50.6% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$0β–Ό βˆ’100.0% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
634.5Mβ–² +122.1% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$26Mβ–² +$24M YoY
StockOtter Β· stockotter.space

About CANAAN INC

Canaan Inc. operates as a holding company, primarily engaged in the design, production, and sale of Bitcoin mining hardware, in addition to supplying various associated services. A key focus for the company is the advancement and implementation of environmentally conscious mining practices. This firm was co-founded by Jia Xuan Li, Xiang Fu Liu, and Nan Geng Zhang on January 19, 2013, and its corporate headquarters are situated in Singapore.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
60/100

Analyst Ratings

β“˜
Consensus
Buy
11 analysts
Strong Buy3
Buy6
Hold2
Sell0
Strong Sell0
Ratings as of Sep 2026

Latest News & Updates

PRNewsWireΒ·5d ago

Canaan Inc. to Exhibit at BTCHEL Conference: Showcasing Hash-to-Heat Solutions from District Networks to Home Solutions

SINGAPORE, Sept. 24, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in computing and energy infrastructure, announced today that it will exhibit at BTCHEL, held in Helsinki, Finl

BenzingaΒ·11d ago

Canaan Stock Surges Friday: What's Happening?

Shares of Canaan Inc. (NASDAQ:CAN) are trading higher Friday afternoon, lifted by a broader rally across cryptocurrency-linked equities. The upward movement is directly tied to a surge in Bitcoin prices as investors reac

PRNewsWireΒ·15d ago

Canaan Inc. Provides August 2026 Bitcoin Production and Mining Operation Updates

Sold all ETH holdings and 54 BTC near short-term highs and repurchased 13.6 million ADSs Β Equipment installation set to begin at Canadian compute heat recovery project SINGAPORE, Sept. 14, 2026 /PRNewswire/ -- Canaan Inc

Seeking AlphaΒ·21d ago

Canaan Inc. (CAN) Q2 2026 Earnings Call Transcript

Canaan Inc. (CAN) Q2 2026 Earnings Call Transcript

MarketBeatΒ·21d ago

Canaan Q2 Earnings Call Highlights

Canaan NASDAQ: CAN reported second-quarter 2026 revenue of approximately $32 million, below its prior guidance of $35 million to $45 million, as weaker Bitcoin mining economics, cautious customer spending and elevated in

PRNewsWireΒ·21d ago

Canaan Inc. Reports Unaudited Second Quarter 2026 Financial Results

Reached a record 1,915 BTC and 3,952 ETH cryptocurrency treasury [1] Mined 243 bitcoins in the Second Quarter 2026 Repurchased approximately 16.4 million ADSs for an Aggregate of US$7.4 million as of September 8, 2026 SI