Line
|
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
1.350
Open
1.310
VWAP
1.26
Vol
69.21M
Mkt Cap
627.17M
Low
1.210
Amount
87.33M
EV/EBITDA(TTM)
--
Total Shares
286.10M
EV
512.80M
EV/OCF(TTM)
--
P/S(TTM)
1.17
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.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q4
FY2025Q3
157.50M
+90.27%
0.008
-102.42%
153.94M
+73.42%
-0.008
-56.04%
Estimates Revision
The market is revising Downward the revenue expectations for Canaan Inc. (CAN) for FY2025, with the revenue forecasts being adjusted by -4.31% over the past three months. During the same period, the stock price has changed by 78.92%.
Revenue Estimates for FY2025
Revise Downward
-4.31%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward
-11.39%
In Past 3 Month
Stock Price
Go Up
+78.92%
In Past 3 Month
6 Analyst Rating
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 is 2.43 USD with a low forecast of 1.50 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.
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 1.280
Low
1.50
Averages
2.43
High
4.00
Current: 1.280
Low
1.50
Averages
2.43
High
4.00
Northland
Mike Grondahl
Market Perform
maintain
2025-10-03
New
Reason
Northland
Mike Grondahl
Price Target
2025-10-03
New
maintain
Market Perform
Reason
Northland analyst Mike Grondahl raised the firm's price target on Canaan to $1.75 from $1.50 and keeps a Market Perform rating on the shares after the company announced that it has secured a U.S. order for about 50,000 A15 Pro miners that are scheduled for delivery in Q4. The firm views this as \"a large, profitable deal\" that will set up Canaan for a strong 2026, though it does not expect any additional orders of this size to be delivered in Q4 given that Canaan has been running a lean inventory strategy, the analyst tells investors.
B. Riley
Buy
downgrade
$3 -> $2
2025-07-10
Reason
B. Riley
Price Target
$3 -> $2
2025-07-10
downgrade
Buy
Reason
B. Riley lowered the firm's price target on Canaan to $2 from $3 and keeps a Buy rating on the shares. The firm updated estimates in the high performance computing space to reflect Q2 actuals.
Northland
Mike Grondahl
Market Perform
initiated
$1.50
2025-06-19
Reason
Northland
Mike Grondahl
Price Target
$1.50
2025-06-19
initiated
Market Perform
Reason
Northland analyst Mike Grondahl initiated coverage of Canaan with a Market Perform rating and $1.50 price target. Canaan delivered the world's first batch of Bitcoin mining machines that incorporated ASIC technology in 2013, but competitor BITMAIN now controls about 70%-80% of the market, the analyst tells investors. The firm, which notes that Canaan also has self-mining operations, believes the company is "strategically positioned to become a premier provider" as companies seek supply chain diversification, the analyst tells investors.
Benchmark
Buy
downgrade
$3 -> $2
2025-05-21
Reason
Benchmark
Price Target
$3 -> $2
2025-05-21
downgrade
Buy
Reason
Benchmark lowered the firm's price target on Canaan to $2 from $3 and keeps a Buy rating on the shares. The Q1 report "offered an impressive demonstration of the impact of the company's diversified platform," says the analyst, who notes that revenues exceeded management's guidance despite the headwinds faced in both the company's bitcoin mining equipment business and its proprietary self-mining activities. However, the "solid" Q1 operating performance is being overshadowed by tariff-related uncertainty, adds the analyst, who also points out that Canaan's market cap is only slightly higher than the value of its bitcoin and cash holdings.
Rosenblatt
Kevin Cassidy
Strong Buy
Maintains
$8
2025-04-11
Reason
Rosenblatt
Kevin Cassidy
Price Target
$8
2025-04-11
Maintains
Strong Buy
Reason
Rosenblatt
Kevin Cassidy
Strong Buy
Maintains
$8
2025-03-27
Reason
Rosenblatt
Kevin Cassidy
Price Target
$8
2025-03-27
Maintains
Strong Buy
Reason
See All Ratings
Valuation Metrics
The current forward P/E ratio for Canaan Inc (CAN.O) is 25.40, compared to its 5-year average forward P/E of -9.03. For a more detailed relative valuation and DCF analysis to assess Canaan Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
N/A
5Y Average PE
-9.03
Current PE
25.40
Overvalued PE
36.32
Undervalued PE
-54.39
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
N/A
5Y Average EV/EBITDA
2.15
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
14.62
Undervalued EV/EBITDA
-10.32
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
N/A
5Y Average PS
0.84
Current PS
0.00
Overvalued PS
1.50
Undervalued PS
0.19
Financials
Annual
Quarterly
FY2025Q2
YoY :
+39.45%
100.21M
Total Revenue
FY2025Q2
YoY :
-39.01%
-27.93M
Operating Profit
FY2025Q2
YoY :
-73.60%
-11.06M
Net Income after Tax
FY2025Q2
YoY :
-100.00%
0.00
EPS - Diluted
FY2022Q4
-102.15M
Free Cash Flow
FY2025Q2
YoY :
-134.90%
9.29
Gross Profit Margin - %
FY2025Q2
N/A
FCF Margin - %
FY2025Q2
YoY :
-81.07%
-11.03
Net Margin - %
FY2025Q2
N/A
ROIC
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
0.0
Volume
0
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
1
98.4K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
CAN News & Events
Events Timeline
2025-10-02 (ET)
2025-10-02
09:06:49
Canaan Secures Order for Over 50,000 Avalon A15 Pro Mining Units
2025-09-30 (ET)
2025-09-30
08:27:25
Soluna Holdings and Canaan Collaborate to Install 20 MW of Bitcoin Mining Equipment in Texas
2025-09-30
07:48:26
Soluna and Canaan to Install 20 MW of Advanced Bitcoin Miners at Texas Data Center
Sign Up For More Events
Sign Up For More Events
News
6.0
10-02SeekingAlphaCanaan Lands Order for Avalon A15 Pro Mining Machines; Stock Rises More Than 7%
6.0
10-02PRnewswireCanaan Inc. Secures Landmark U.S. Order, Strengthening Market Leadership Amid U.S. Bitcoin Mining Recovery
6.0
09-30TipRanksThree 'Strong Buy' Cryptocurrency Stocks Projected to Exceed 100% Growth by September 30, 2025
Sign Up For More News
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FAQ
What is Canaan Inc (CAN) stock price today?
The current price of CAN is 1.28 USD — it has increased 0.79 % in the last trading day.
What is Canaan Inc (CAN)'s business?
What is the price predicton of CAN Stock?
What is Canaan Inc (CAN)'s revenue for the last quarter?
What is Canaan Inc (CAN)'s earnings per share (EPS) for the last quarter?
What changes have occurred in the market's expectations for Canaan Inc (CAN)'s fundamentals?
How many employees does Canaan Inc (CAN). have?