Logo image of CAN

CANAAN INC (CAN) Stock Price, Quote, News and Overview

NASDAQ:CAN - Nasdaq - US1347481020 - ADR - Currency: USD

1.67  -0.12 (-6.7%)

After market: 1.665 0 (-0.3%)

CAN Quote, Performance and Key Statistics

CANAAN INC

NASDAQ:CAN (2/21/2025, 8:05:07 PM)

After market: 1.665 0 (-0.3%)

1.67

-0.12 (-6.7%)

Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
GICS IndustryGroupTechnology Hardware & Equipment
GICS SubIndustryTechnology Hardware, Storage & Peripherals
Statistics
52 Week High3.27
52 Week Low0.72
Market Cap481.44M
Shares288.29M
Float17.90M
Yearly DividendN/A
Dividend YieldN/A
PEN/A
Fwd PE33.07
Earnings (Next)02-25 2025-02-25/amc
IPO11-21 2019-11-21


CAN short term performance overview.The bars show the price performance of CAN in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 20 -20 40 60

CAN long term performance overview.The bars show the price performance of CAN in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60

The current stock price of CAN is 1.67 USD. In the past month the price decreased by -21.23%. In the past year, price decreased by -6.7%.

CANAAN INC / CAN Daily stock chart

CAN Competitors/Peers

The largest stocks on the US markets in the "Technology Hardware, Storage & Peripherals" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
AAPL APPLE INC 35.23 3692.55B
DELL DELL TECHNOLOGIES -C 15.66 82.05B
SMCI SUPER MICRO COMPUTER INC 25.6 32.83B
HPQ HP INC 10.22 32.48B
HPE HEWLETT PACKARD ENTERPRISE 10.68 27.81B
NTAP NETAPP INC 17.36 25.31B
WDC WESTERN DIGITAL CORP 12.23 23.90B
STX SEAGATE TECHNOLOGY HOLDINGS 20.21 21.35B
PSTG PURE STORAGE INC - CLASS A 36.97 21.23B
LOGI LOGITECH INTERNATIONAL-REG 21.18 17.57B
IONQ IONQ INC N/A 6.87B
DBD DIEBOLD NIXDORF INC 11.51 1.67B

About CAN

Company Profile

CAN logo image Canaan, Inc. engages in the provision of computing solutions. The firm provides a holistic AI (Artificial Intelligence) solution to customers, including AI chips, algorithm development and optimization, hardware module, end-product and software services.

Company Info

CANAAN INC

28 Ayer Rajah Crescent #06-08

Singapore BEIJING 310016 SG

CEO: Nangeng Zhang

Employees: 445

Company Website: https://www.canaan-creative.com/

Investor Relations: https://investor.canaan-creative.com/

Phone: 6563056618

CANAAN INC / CAN FAQ

What is the stock price of CANAAN INC today?

The current stock price of CAN is 1.67 USD. The price decreased by -6.7% in the last trading session.


What is the ticker symbol for CANAAN INC stock?

The exchange symbol of CANAAN INC is CAN and it is listed on the Nasdaq exchange.


On which exchange is CAN stock listed?

CAN stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for CANAAN INC stock?

8 analysts have analysed CAN and the average price target is 4.53 USD. This implies a price increase of 171.03% is expected in the next year compared to the current price of 1.67. Check the CANAAN INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is CANAAN INC worth?

CANAAN INC (CAN) has a market capitalization of 481.44M USD. This makes CAN a Small Cap stock.


How many employees does CANAAN INC have?

CANAAN INC (CAN) currently has 445 employees.


What are the support and resistance levels for CANAAN INC (CAN) stock?

CANAAN INC (CAN) has a support level at 1.03 and a resistance level at 1.78. Check the full technical report for a detailed analysis of CAN support and resistance levels.


Is CANAAN INC (CAN) expected to grow?

The Revenue of CANAAN INC (CAN) is expected to grow by 32.77% in the next year. Check the estimates tab for more information on the CAN EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy CANAAN INC (CAN) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does CANAAN INC (CAN) stock pay dividends?

CAN does not pay a dividend.


When does CANAAN INC (CAN) report earnings?

CANAAN INC (CAN) will report earnings on 2025-02-25, after the market close.


What is the Price/Earnings (PE) ratio of CANAAN INC (CAN)?

CANAAN INC (CAN) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.99).


What is the Short Interest ratio of CANAAN INC (CAN) stock?

The outstanding short interest for CANAAN INC (CAN) is 105.59% of its float. Check the ownership tab for more information on the CAN short interest.


CAN Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

CAN Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to CAN. While CAN seems to be doing ok healthwise, there are quite some concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

CAN Financial Highlights

Over the last trailing twelve months CAN reported a non-GAAP Earnings per Share(EPS) of -0.99. The EPS increased by 31.72% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -83.97%
ROE -118.96%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%42.55%
Sales Q2Q%120.92%
EPS 1Y (TTM)31.72%
Revenue 1Y (TTM)-67.51%

CAN Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 80% to CAN. The Buy consensus is the average rating of analysts ratings from 8 analysts.

For the next year, analysts expect an EPS growth of 72.44% and a revenue growth 32.77% for CAN


Ownership
Inst Owners31.25%
Ins OwnersN/A
Short Float %105.59%
Short Ratio0.98
Analysts
Analysts80
Price Target4.53 (171.26%)
EPS Next Y72.44%
Revenue Next Year32.77%