CAN Overview

Canaan Inc. provides high performance computing solutions through its proprietary application-specific integrated circuits (ASICs). The Company is a fabless IC designer engaged in the front-end and back-end of IC design. The Company primarily offers its technology and expertise in ASIC applications to Bitcoin mining machines and is also a producer of Bitcoin mining machines in the global market. The Company, through its subsidiaries, independently designs and develops its products in-house, including the design of proprietary ASIC chips for its Bitcoin mining machines. It has in-house production capabilities to assemble both Bitcoin mining machines and artificial intelligence (AI) chips. It assembles its Bitcoin mining machines primarily at its assembly plant located in the People’s Republic of China (PRC) by integrating the ICs designed by the Company and related components it procures. It also intends to engage in Bitcoin mining through self-owned facilities.

Wall Street analysts forecast CAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CAN is2.85 USD with a low forecast of 1.75 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Canaan Inc revenue for the last quarter amounts to 62.69M USD, decreased -24.26

Canaan Inc. EPS for the last quarter amounts to -0.02 USD, decreased -0.00

Canaan Inc (CAN) has 399 emplpoyees as of May 31 2026.

Today CAN has the market capitalization of 308.12M USD.