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 in the People’s Republic of China.
Snowflake Score | |
---|---|
Valuation | 1/6 |
Future Growth | 0/6 |
Past Performance | 0/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
Canaan Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$1.42 |
52 Week High | US$3.50 |
52 Week Low | US$1.13 |
Beta | 3.03 |
1 Month Change | -27.92% |
3 Month Change | -49.47% |
1 Year Change | -46.42% |
3 Year Change | -93.13% |
5 Year Change | n/a |
Change since IPO | -84.20% |
Recent News & Updates
Investors Still Waiting For A Pull Back In Canaan Inc. (NASDAQ:CAN)
Mar 01Canaan Inc.: Riding The Bitcoin Wave - Not The Time To Be Bearish
Jan 15Recent updates
Investors Still Waiting For A Pull Back In Canaan Inc. (NASDAQ:CAN)
Mar 01Canaan Inc.: Riding The Bitcoin Wave - Not The Time To Be Bearish
Jan 15Canaan (NASDAQ:CAN) Will Want To Turn Around Its Return Trends
Apr 12Things Look Grim For Canaan Inc. (NASDAQ:CAN) After Today's Downgrade
Nov 18Canaan: Bitcoin Ties Overcome Any Chip Growth Potential, For Now
Sep 16Canaan Q2 2022 Earnings Preview
Aug 17Canaan lands Buy rating from HCW on improved equipment performance
Jul 07Canaan: The Unheard Of Computer Chip Stock
Jun 14Covid Bites Canaan In First Quarter, But Advance Orders Bode Well For Second
May 25This Canaan Inc. (NASDAQ:CAN) Analyst Is Way More Bearish Than They Used To Be
May 20We Think That There Are Issues Underlying Canaan's (NASDAQ:CAN) Earnings
May 10Canaan Turns To Bitcoin Mining Even As Crypto Hunters Face Mounting Challenges
Jan 11Canaan: Crypto Craze Volatility Likely To Spell Trouble
Oct 29Bitcoin Mining Machine Maker Canaan Plays Up Offshore Sales
Aug 16Canaan secures an order of 10,000 bitcoin mining machines
Jun 16Canaan: China Bitcoin Crackdown Spells Short-Term Trouble
Jun 08Canaan reports Q1 results
Jun 01Canaan nabs $93.6M in bitcoin mining machine order through strategic partnership with Genesis Digital Assets
Apr 28What Kind Of Shareholders Hold The Majority In Canaan Inc.'s (NASDAQ:CAN) Shares?
Mar 03Quick Take On Canaan Inc.'S Third Quarter Results
Dec 06Canaan reports Q3 results
Nov 30Canaan Inc. Third-Quarter Earnings Preview
Nov 25Canaan Profits From Bitcoin's Rise As Its AI Segment Waits
Nov 17Shareholder Returns
CAN | US Tech | US Market | |
---|---|---|---|
7D | -11.3% | -2.5% | 0.4% |
1Y | -46.4% | 10.9% | 28.8% |
Return vs Industry: CAN underperformed the US Tech industry which returned 10.9% over the past year.
Return vs Market: CAN underperformed the US Market which returned 29.5% over the past year.
Price Volatility
CAN volatility | |
---|---|
CAN Average Weekly Movement | 20.5% |
Tech Industry Average Movement | 7.2% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 16.9% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: CAN's share price has been volatile over the past 3 months.
Volatility Over Time: CAN's weekly volatility has increased from 15% to 20% over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2013 | 541 | Nangeng Zhang | https://canaan-creative.com |
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 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 operations in the United States, Australia, Kazakhstan, Hong Kong, Canada, Mainland China, Thailand, Sweden, and internationally.
Canaan Inc. Fundamentals Summary
CAN fundamental statistics | |
---|---|
Market cap | US$332.75m |
Earnings (TTM) | -US$414.15m |
Revenue (TTM) | US$211.48m |
1.6x
P/S Ratio-0.8x
P/E RatioIs CAN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
CAN income statement (TTM) | |
---|---|
Revenue | US$211.48m |
Cost of Revenue | US$452.26m |
Gross Profit | -US$240.78m |
Other Expenses | US$173.37m |
Earnings | -US$414.15m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | -1.77 |
Gross Margin | -113.86% |
Net Profit Margin | -195.84% |
Debt/Equity Ratio | 0% |
How did CAN perform over the long term?
See historical performance and comparison