Canaan (CAN) Stock Price

Canaan Price

🇨🇳NASDAQ·CLOSED
0.52USD
Market closed
Today +/-
Today %

Canaan (CAN) Stock | ISIN US1347481020 | WKN A2PVN8. The current Canaan stock price is 0.52 USD (2026). Revenue is 493.46 M USD. Net income is -1.76 B USD. The P/E ratio is -2.08. Market capitalization is 3.67 B USD. Canaan operates in the Information technology sector.

Canaan stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Canaan over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Canaan stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Canaan's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Canaan Stock Price History
DateCanaan Price
Access this data via the Eulerpool API

Canaan Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2017
193.6 M USD
53.1 M USD
55.6 M USD
Jan 1, 2018
409 M USD
20.1 M USD
18.5 M USD
Jan 1, 2019
206 M USD
-152.7 M USD
-149.8 M USD
Jan 1, 2020
64.9 M USD
-36.8 M USD
-31.2 M USD
Jan 1, 2021
773.1 M USD
283.4 M USD
310.1 M USD
Jan 1, 2022
650.8 M USD
53.2 M USD
72.3 M USD
Jan 1, 2023
211.48 M USD
-385.05 M USD
-414.15 M USD
Jan 1, 2024
269.32 M USD
-223.04 M USD
-249.75 M USD
Jan 1, 2025
529.74 M USD
-103.64 M USD
-210.27 M USD
Invalid Date
493.46 M USD
-14 M USD
-1.76 B USD
Invalid Date
733.27 M USD
65.7 M USD
639.27 M USD

Canaan Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 4:08 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Canaan generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Canaan retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Canaan's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Canaan has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Canaan's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Canaan stock margins

The Canaan margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Canaan. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Canaan.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
46.23 %
27.43 %
28.72 %
Jan 1, 2018
18.78 %
4.91 %
4.52 %
Jan 1, 2019
-36.26 %
-74.13 %
-72.72 %
Jan 1, 2020
8.47 %
-56.7 %
-48.07 %
Jan 1, 2021
57.16 %
36.66 %
40.11 %
Jan 1, 2022
35.34 %
8.17 %
11.11 %
Jan 1, 2023
-113.86 %
-182.08 %
-195.84 %
Jan 1, 2024
-31.31 %
-82.82 %
-92.73 %
Jan 1, 2025
7.77 %
-19.56 %
-39.69 %
Invalid Date
7.77 %
-2.84 %
-356.98 %
Invalid Date
7.77 %
8.96 %
87.18 %

Canaan Stock Revenue, EBIT, Earnings per Share

The Canaan earnings per share therefore indicates how much revenue Canaan has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
0.08 USD
0.02 USD
0.02 USD
Jan 1, 2018
0.17 USD
0.01 USD
0.01 USD
Jan 1, 2019
0.09 USD
-0.06 USD
-0.06 USD
Jan 1, 2020
0.03 USD
-0.02 USD
-0.01 USD
Jan 1, 2021
0.3 USD
0.11 USD
0.12 USD
Jan 1, 2022
0.25 USD
0.02 USD
0.03 USD
Jan 1, 2023
0.08 USD
-0.15 USD
-0.16 USD
Jan 1, 2024
0.07 USD
-0.05 USD
-0.06 USD
Jan 1, 2025
0.08 USD
-0.01 USD
-0.03 USD
Invalid Date
0.07 USD
-0 USD
-0.25 USD
Invalid Date
0.1 USD
0.01 USD
0.09 USD

Canaan business model & stock analysis

Canaan Inc is a leading Chinese manufacturer of Bitcoin mining machines and other blockchain products. The company was founded in 2013 by Nangeng Zhang in Hangzhou, China, and has since experienced strong growth. Canaan specializes in ASIC mining machines and also produces blockchain analysis devices and smart hardware devices. The company's headquarters is in Hangzhou, China, with branches in the USA and Hong Kong, and plans to expand to Europe and other Asian countries. Canaan's business model focuses on providing customers with the best and most efficient mining machines and leading the industry through the introduction of new technologies and products. The company's main products include the AvalonMiner 11 and AvalonMiner 10 series, which offer higher efficiency, performance, and stability for mining. Canaan also offers blockchain analysis devices to promote integrity and prevent fraud, as well as smart home products and IoT devices that utilize blockchain technology for enhanced security and functionality. In 2019, Canaan went public on the NASDAQ exchange and raised over $90 million, which was used to increase production, expand R&D capabilities, and develop new products. Overall, Canaan Inc is a prominent Chinese manufacturer in the blockchain technology industry, focusing on ASIC mining machines and offering a wide range of products and services to improve mining effectiveness, blockchain security, and transparency.

Canaan SWOT Analysis

Strengths

Canaan Inc benefits from the following strengths:

  • Strong market position as a leading manufacturer of advanced blockchain technology and equipment.
  • Well-established brand reputation and recognition in the cryptocurrency industry.
  • Robust research and development capabilities to drive innovation and stay ahead of competitors.
  • Strong financial performance and ability to generate high revenue.

Weaknesses

Canaan Inc faces the following weaknesses:

  • Dependency on the volatile cryptocurrency market, which may affect the demand and sales of mining equipment.
  • Relatively high production costs compared to some competitors, impacting profit margins.
  • Limited diversification in product portfolio, potentially leaving the company vulnerable to market fluctuations.

Opportunities

Canaan Inc can leverage the following opportunities:

  • Growing adoption of blockchain technology and cryptocurrencies globally, providing a larger potential market.
  • Expansion into related markets, such as software development and consulting services, to enhance revenue streams.
  • Strategic partnerships and mergers to access new technologies, diversify product offerings, and penetrate new markets.
  • Increasing demand for mining equipment due to the continuous growth of cryptocurrencies and digital assets.

Threats

Canaan Inc faces the following threats:

  • Intense competition from both existing and emerging competitors in the blockchain and mining equipment industry.
  • Regulatory uncertainties and potential restrictions on cryptocurrencies in certain jurisdictions.
  • Fluctuations in cryptocurrency prices and market trends, impacting the demand for mining equipment.
  • Rapid technological advancements, which may render current products obsolete if Canaan fails to keep up.

Canaan Segments

Canaan Revenue by Region

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CHINA
KAZAKHSTAN
HONG KONG
Other Foreign Countries
United States
CANADA
Details
Date
CHINA
KAZAKHSTAN
HONG KONG
Other Foreign Countries
United States
CANADA
Jan 1, 2020
379.42 M USD
47.79 M USD
12.3 M USD
4.49 M USD
3.53 M USD
162,000 USD

Canaan Eulerpool Fair Value

Canaan historical P/E ratio, EBIT multiple, and P/S ratio

Canaan annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Canaan shares outstanding

The number of shares was Canaan in 2025 — This indicates how many shares 7.033 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
2.37 B base_Shares
Jan 1, 2018
2.37 B base_Shares
Jan 1, 2019
2.37 B base_Shares
Jan 1, 2020
2.35 B base_Shares
Jan 1, 2021
2.58 B base_Shares
Jan 1, 2022
2.58 B base_Shares
Jan 1, 2023
2.58 B base_Shares
Jan 1, 2024
4.07 B base_Shares
Jan 1, 2025
7.03 B base_Shares
Invalid Date
7.03 B base_Shares
Invalid Date
7.03 B base_Shares
Price targets and forecasts for Canaan are not yet available.

Canaan Earnings Estimates

Canaan Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/19/2026-0.03USD65.33 MUSD2026 Q1
5/18/2026-0.03USD65.33 MUSD2026 Q1
11/18/2025-0.05USD133.55 MUSD2025 Q3
8/13/2025-0.13USD109.12 MUSD2025 Q2
11/26/2024-0.05USD73.57 MUSD2024 Q3
5/24/2024-0.13USD43.5 MUSD2024 Q1
3/5/2024-0.19USD34.57 MUSD2023 Q4
8/1/20230.07USD175.49 MUSD2023 Q2
5/17/2023-0.14USD112.26 MUSD2023 Q1
3/1/2023-0.1USD139.18 MUSD2022 Q4

Canaan shareholder structure

% Name
0.49568%
Streeterville Capital LLC
Streeterville Capital LLC
0.21351%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
0.13621%
Charles Schwab Investment Management, Inc.
Charles Schwab Investment Management, Inc.
0.09012%
Invesco Capital Management LLC
Invesco Capital Management LLC
0.07792%
Tidal Investments LLC
Tidal Investments LLC
0.0596%
Mirae Asset Global Investments (USA) LLC
Mirae Asset Global Investments (USA) LLC
0.05769%
Renaissance Technologies LLC
Renaissance Technologies LLC
0.05377%
Two Sigma Investments, LP
Two Sigma Investments, LP
0.04909%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.04636%
Baader Bank AG
Baader Bank AG
...

Canaan Executives and Management Board

NZ

Mr. Nangeng Zhang

Chairman of the Board, Chief Executive Officer

JC

Mr. James Cheng

(43)

Chief Financial Officer

LM

Ms. Lu Meng

(39)

Secretary to the Board

HD

Mr. Hongchao Du

(54)

Independent Director

ZS

Mr. Zhitang Shu

(55)

Independent Director

Canaan Supply Chain

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.

All fundamentals and in-depth analysis of Canaan

Our stock analysis for Canaan Revenue 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.