Canaan (CAN) Stock Price
Canaan Price
Revenue has compounded at 13.3% per year over the past 8 years to 527.77 M USD. Earnings per share have grown at 2.6% per year over the last 5 years. Canaan's net margin stands at -39.8%, down from 40.0% several years earlier.
Canaan stock price
Canaan business model & stock analysis
Frequently asked questions about Canaan
The business model of Canaan Inc focuses on designing and manufacturing high-performance computing chips, primarily used for mining cryptocurrencies such as Bitcoin. Canaan Inc develops advanced hardware solutions tailored specifically for blockchain technology and offers a diverse portfolio of mining machines and other related products. With a strong emphasis on research and development, Canaan Inc strives to provide efficient and reliable solutions to cryptocurrency mining enthusiasts and enterprises alike. Through their dedication to technological innovation, Canaan Inc aims to remain at the forefront of the blockchain industry.
Canaan Inc is primarily active in the industries of manufacturing and designing high-performance computing chips, as well as providing other hardware and software solutions for blockchain and artificial intelligence applications.
The main competitors of Canaan Inc in the market are Bitmain Technologies Ltd, Ebang International Holdings Inc, and MicroBT Technology Co Ltd.
Canaan Inc is a leading technology company specializing in blockchain and AI chip design and develops. Established in 2013, Canaan has made significant contributions to the digital currency ecosystem by delivering high-performance computing solutions. The company's products include ASIC chips, servers, and software for blockchain and AI applications. Canaan has earned a reputable name in the industry through its commitment to research and innovation, providing cutting-edge solutions to global customers. As a pioneer in the field, Canaan Inc continues to shape the future of the digital economy with its advanced technology and expertise.
Canaan Inc, a leading provider of supercomputing solutions, has achieved significant milestones in its journey. The company pioneered the production of advanced ASIC chips and systems for Bitcoin mining, enabling efficient and secure cryptocurrency transactions. Canaan Inc's dedication to innovation led them to develop the world's first AI-accelerated chip, delivering exceptional performance in computing and artificial intelligence applications. Additionally, the company successfully launched its initial public offering (IPO) on NASDAQ, solidifying its position as a global technology leader. Canaan Inc continues to push boundaries, fostering advancements in the digital currency and computing industries.
Canaan Inc is primarily present in China, where it is headquartered. As a leading high-performance computing solutions provider, Canaan Inc specializes in ASIC technology development and manufacturing for cryptocurrency mining. With its strong presence in China, Canaan Inc has established a solid foundation and extensive network within the Chinese market. The company's innovative products and cutting-edge solutions have garnered significant attention and market share in China's cryptocurrency mining industry.
Canaan Inc is a leading provider of supercomputing solutions and advanced chips for artificial intelligence and blockchain. The company aims to empower industries and enterprises with cutting-edge technology and innovation. Canaan Inc has a strong corporate philosophy centered around integrity, quality, and customer satisfaction. They prioritize delivering high-performance computing solutions that cater to the evolving needs of their clients. With a commitment to research and development, Canaan Inc leverages their expertise to create efficient and reliable products for the global market. As a trusted name in the industry, Canaan Inc continues to drive technological advancements and contribute to the digital transformation of various sectors.
11 analysts currently rate the Canaan stock: 9 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Canaan to generate revenue of 138.76 M USD and earnings per share of -9.10 USD.
Converted at the current exchange rate, the Canaan share trades at 0.28 EUR (0.31 USD).
The Canaan share (CAN) is listed on 5 stock exchanges, including: NASDAQ (CAN), Frankfurt (35J.F), München (35J.MU), Düsseldorf (35J.DU), Hamburg (35J.HM).
Canaan Inc is a leading company in the cryptocurrency mining equipment industry, offering various products and services to meet the needs of its customers. Canaan was founded in China in 2013 and is headquartered in Hangzhou. The company plans to expand its operations worldwide and has already opened offices in the USA, Canada, and Germany. Canaan's core business is the development and manufacturing of Bitcoin mining hardware, such as ASIC miners, which have high hash rates and energy efficiency. The company offers various miner models, such as AvalonMiner 1246, AvalonMiner 1166 Pro, and AvalonMiner 1066. Each model has its own features and specifications to meet the requirements of customers. Canaan has introduced the world's first 5-nanometer ASIC mining chip technology, allowing miners to achieve higher hash rates and efficiency. Canaan has also developed a cloud mining system called "AvalonCloud," which allows users to share mining equipment and generate more Bitcoin and other cryptocurrencies without having to worry about the costs and operation of the hardware. The company also offers repair and maintenance services for its mining products to ensure they are always ready for use. In addition to Bitcoin mining, Canaan also produces circuit designs used in other industries such as the automotive industry, telecommunications, and computer technology. Furthermore, the company has signed contracts with various companies to verify the suitability of blockchains in the industry and develop blockchain solutions for industrial use. Recently, Canaan announced its entry into the Bitcoin ETF business to facilitate access to cryptocurrencies for institutions and individuals. Canaan also plans to expand its business by entering the 5G and artificial intelligence technology sectors. Overall, Canaan leverages the growing demand for Bitcoin and other cryptocurrencies to expand its operations. The company specializes in the development of mining equipment and cloud mining, and also develops circuit designs for other industries. With its focus on innovation and technology, Canaan Inc is likely to maintain its position as one of the leading companies in the cryptocurrency sector and expand its business in other areas.
The expected revenue of Canaan is 138.76 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Canaan is -2.60 B USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Canaan is currently -0.03. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Canaan stock.
The price-to-sales ratio (P/S) of Canaan is currently 0.64. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Canaan stock.
The Eulerpool Quality Score for Canaan is 1/10.
The ISIN of Canaan is US1347481020. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Canaan is A2PVN8. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Canaan is CAN. The ticker symbol is used to trade Canaan shares on the stock exchange.
Canaan stock
All fundamentals and in-depth analysis of Canaan
Our stock analysis for Canaan stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canaan. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.