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 | 362.17M |
| Enterprise Value | 4.92B | 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 | -15.25 | PEG | — |
| P/S | 0.68 | P/B | 0.81 | P/C | — |
| EV/EBITDA | -65.42 | EV/Sales | 9.29 | 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 | 8.70B | Short Float | 6.82% | Short Ratio | 2.28 |
| Short Interest | — | 52W High | 2.22 | 52W Low | 0.44 |
| Beta | 2.55 | Avg Volume | 19.31M | Volume | 9.68M |
| Target Price | $2.05 | Recom | Strong_buy | Prev Close | $0.50 |
| Price | $0.53 | Change | 7.27% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$2.05
Mean price target
2. Current target
$0.50
Latest analyst target
3. DCF / Fair value
$2.05
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$0.50
Low
$1.50
High
$3.00
Mean
$2.05
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- Can Walmart's New CEO Send the Massive Retailer's Stock Soaring in 2026 (and Beyond?) - The Motley Fool Wed, 25 Feb 2026 12
- Could AI end up tanking Tesla stock? - Yahoo Finance UK Wed, 25 Feb 2026 08
- Accenture Stock Drop Looks Sharp, But How Deep Can It Go? - Trefis Wed, 25 Feb 2026 06
- Can Walmart's New CEO Send the Massive Retailer's Stock Soaring in 2026 (and Beyond?) - The Globe and Mail Wed, 25 Feb 2026 12
- How Low Can Adobe Stock Go? - Forbes ue, 24 Feb 2026 14
- The Stock Market Now Drives the Economy. How Much Longer Can That Last? - Barron's Fri, 20 Feb 2026 23
- 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
- What would the stock market and economy look like without AI? - marketplace.org Mon, 23 Feb 2026 20
- AI-linked fears roil some corners of Wall Street after years of hype and gains - NBC News ue, 24 Feb 2026 20
- Can FedEx Stock Continue to Deliver? - Barchart.com ue, 24 Feb 2026 16
- Buy Stock in Cubs Reliever Ryan Rolison While You Still Can - North Side Baseball ue, 24 Feb 2026 23
- Down 94% From Its Record High, Can Snap Stock Snap Back in 2026? - Nasdaq ue, 24 Feb 2026 10
- Prediction: SoundHound AI Stock Will Soar in 2026 - The Motley Fool Wed, 25 Feb 2026 02
- 3 Breakout Growth Stocks You Can Buy and Hold for the Next Decade - Yahoo Finance ue, 24 Feb 2026 18
- Can Axon Stock Fall To $300? - Forbes ue, 24 Feb 2026 18
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 |
|---|