CAN Stock Overview
Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the People’s Republic of China.
Canaan Inc. Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$2.58|
|52 Week High||US$9.19|
|52 Week Low||US$2.46|
|1 Month Change||-23.44%|
|3 Month Change||-27.53%|
|1 Year Change||-69.72%|
|3 Year Change||-68.73%|
|5 Year Change||n/a|
|Change since IPO||-71.30%|
Recent News & Updates
Things Look Grim For Canaan Inc. (NASDAQ:CAN) After Today's DowngradeNov 18
This Canaan Inc. (NASDAQ:CAN) Analyst Is Way More Bearish Than They Used To BeMay 20
We Think That There Are Issues Underlying Canaan's (NASDAQ:CAN) EarningsMay 10
What Kind Of Shareholders Hold The Majority In Canaan Inc.'s (NASDAQ:CAN) Shares?Mar 03
|CAN||US Tech||US Market|
Return vs Industry: CAN underperformed the US Tech industry which returned -5.9% over the past year.
Return vs Market: CAN underperformed the US Market which returned -18.5% over the past year.
|CAN Average Weekly Movement||10.5%|
|Tech Industry Average Movement||7.9%|
|Market Average Movement||7.4%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||3.3%|
Stable Share Price: CAN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: CAN's weekly volatility (10%) has been stable over the past year.
About the Company
Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the People’s Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations.
Canaan Inc. Fundamentals Summary
|CAN fundamental statistics|
Is CAN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CAN income statement (TTM)|
|Cost of Revenue||CN¥2.69b|
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
|Earnings per share (EPS)||13.87|
|Net Profit Margin||38.13%|
How did CAN perform over the long term?See historical performance and comparison