Canaan Inc ADR (CAN)

$0.65 +0.04 (6.70%)
Market Cap 226.98M
Revenue (ttm) 269.32M
Net Income (ttm) -249.75M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin -92.73%
Debt to Equity Ratio 0.18
Volume 24,728,600
Avg Vol 29,511,086
Day's Range N/A - N/A
Shares Out 372.90M
Stochastic %K 38%
Beta 3.32
Analysts Strong Sell
Price Target $2.83

Company Profile

Canaan Inc. engages in the research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment 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; and distribution of edge computing chip products, as well as mining business. The company has operations in the United States, Mainland China, the United Arab Emirates, Et...

Industry: Computer Hardware
Sector: Technology
Phone: 65 6305 6618
Address:
28 Ayer Rajah Crescent #06-08, Singapore, Singapore
SecretAgentMan007
SecretAgentMan007 Jun. 24 at 11:16 PM
$CAN what a doucher 🤡 Always buying at the wrong time and holding bags for eternity 🤣
0 · Reply
grtttttteasd
grtttttteasd Jun. 24 at 10:39 PM
$CAN You Can buy something like $MSTR, $COIN, or $BTC right now to get crypto exposure/upside in a portfolio but the upside is limited. Those assets have outperformed and only have maybe 2x left in the tank before correcting. There is a strong chance taking a risk on smaller crypto assets like $CAN that have yet to perform this cycle being the better play right now. The money flow goes from $BTC > safe large caps > Risky small caps We are almost at a point where the riskier small assets start to outperform and when this happens you can see those assets go 10-20x higher in the matter of months. Canaan is positioned perfectly for that type of growth when the time is right
0 · Reply
grtttttteasd
grtttttteasd Jun. 24 at 10:27 PM
$CAN 30M stock buyback, 15% of costs cut for good, massive CEO insider buying, growing and massive BTC holdings increasing every day, a product with potential huge demand as $BTC increases further The valuation can go 20x higher than today's to match what it did in 2021 when BTC was only 69K. Dilution has held this down, but it won't hold it down forever in this market. Way undervalued today this should push the valuation leaves seen in 2021 or higher bringing out a potential $15-$20 stock price
1 · Reply
Ifonlyicanhold
Ifonlyicanhold Jun. 24 at 9:00 PM
$CAN management is trying to do damage control by 1. Terminate 2nd tranche convertible 2. 30 million stock buy back 3. CEO and CFO insider purchase 4. CUT ai section to save 15% cost Very impressive I would say. They knew what they are doing.
0 · Reply
Ifonlyicanhold
Ifonlyicanhold Jun. 24 at 8:57 PM
$CAN CEO is doing his best to boost the stock price. Mr Zhang earlier was betrayed by the A-1 convertible’s holders who pretend to be a long term investor and promised won’t sell low but saw his stock price was trashed by relentless selling and dilution.
0 · Reply
grtttttteasd
grtttttteasd Jun. 24 at 5:35 PM
$CAN the last time $COIN broke out over $300 it was a leading indicator for $CAN which ran to $3+
0 · Reply
LudwigVanBeethoven
LudwigVanBeethoven Jun. 24 at 5:04 PM
$CAN $HIVE $RIOT $WGMI oil back down, big war averted and $BTC.X double golden cross into higher making all miner lucrative. It was a tough value balancing act. Now they all shoot run back up and explode higher?
0 · Reply
Harold2029
Harold2029 Jun. 24 at 5:01 PM
$CAN #bullish
0 · Reply
LudwigVanBeethoven
LudwigVanBeethoven Jun. 24 at 4:57 PM
$BTC.X impressive, 2nd golden cross. So the cycle is not dead and quite vivid. ~2 month for gains. $CAN $RIOT (D candles)
0 · Reply
grtttttteasd
grtttttteasd Jun. 24 at 4:22 PM
$CAN is nearing an explosive move up
0 · Reply
Latest News on CAN
Canaan Inc. Announces Strategic Realignment

Jun 23, 2025, 6:30 AM EDT - 1 day ago

Canaan Inc. Announces Strategic Realignment

Canaan Inc. Provides May 2025 Bitcoin Production and Mining Operation Updates

Jun 10, 2025, 6:30 AM EDT - 14 days ago

Canaan Inc. Provides May 2025 Bitcoin Production and Mining Operation Updates

Canaan Inc. Announces Share Purchases by Chief Executive Officer and Chief Financial Officer

Jun 9, 2025, 7:30 AM EDT - 15 days ago

Canaan Inc. Announces Share Purchases by Chief Executive Officer and Chief Financial Officer

Canaan Inc. Announces Up to US$30 Million Share Repurchase Program

May 27, 2025, 6:00 AM EDT - 4 weeks ago

Canaan Inc. Announces Up to US$30 Million Share Repurchase Program

Canaan Inc. (CAN) Q1 2025 Earnings Call Transcript

May 20, 2025, 10:58 AM EDT - 5 weeks ago

Canaan Inc. (CAN) Q1 2025 Earnings Call Transcript

Canaan Inc. Reports Unaudited First Quarter 2025 Financial Results

May 20, 2025, 5:30 AM EDT - 5 weeks ago

Canaan Inc. Reports Unaudited First Quarter 2025 Financial Results

Canaan Inc. Receives Nasdaq Notification Regarding Minimum Bid Requirements

May 16, 2025, 4:30 PM EDT - 5 weeks ago

Canaan Inc. Receives Nasdaq Notification Regarding Minimum Bid Requirements

Canaan Inc. Provides April 2025 Bitcoin Production and Mining Operation Updates

May 14, 2025, 4:10 PM EDT - 5 weeks ago

Canaan Inc. Provides April 2025 Bitcoin Production and Mining Operation Updates

Canaan Inc. to Report First Quarter 2025 Financial Results on May 20, 2025

May 12, 2025, 6:30 AM EDT - 6 weeks ago

Canaan Inc. to Report First Quarter 2025 Financial Results on May 20, 2025

Canaan Inc. Files 2024 Annual Report on Form 20-F

Apr 21, 2025, 6:45 AM EDT - 2 months ago

Canaan Inc. Files 2024 Annual Report on Form 20-F

An Undervalued Bitcoin Stock To Watch Amid Market Turmoil

Apr 16, 2025, 10:27 AM EDT - 2 months ago

An Undervalued Bitcoin Stock To Watch Amid Market Turmoil

Canaan Inc. to Participate in Jefferies Power x Coin Virtual Conference

Apr 15, 2025, 6:00 AM EDT - 2 months ago

Canaan Inc. to Participate in Jefferies Power x Coin Virtual Conference

Canaan Inc. Provides March 2025 Bitcoin Production and Mining Operation Updates

Apr 10, 2025, 6:00 AM EDT - 2 months ago

Canaan Inc. Provides March 2025 Bitcoin Production and Mining Operation Updates

Canaan Unveils Avalon Q at Mining Disrupt 2025: a Professional-Grade Quiet Bitcoin Mining Solution for Home Use

Mar 27, 2025, 9:35 AM EDT - 3 months ago

Canaan Unveils Avalon Q at Mining Disrupt 2025: a Professional-Grade Quiet Bitcoin Mining Solution for Home Use

Canaan: Again At An Attractive Valuation With Bitcoin Self-Mining

Mar 27, 2025, 9:26 AM EDT - 3 months ago

Canaan: Again At An Attractive Valuation With Bitcoin Self-Mining

Canaan Inc. (CAN) Q4 2024 Earnings Call Transcript

Mar 26, 2025, 12:15 PM EDT - 3 months ago

Canaan Inc. (CAN) Q4 2024 Earnings Call Transcript

Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results

Mar 26, 2025, 6:15 AM EDT - 3 months ago

Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results

MIGI

Canaan Inc. Expands Self-Mining Footprint in North America

Mar 26, 2025, 6:10 AM EDT - 3 months ago

Canaan Inc. Expands Self-Mining Footprint in North America

MIGI

Canaan Inc. to Report Fourth Quarter and Full Year 2024 Financial Results on March 26, 2025

Mar 17, 2025, 7:00 AM EDT - 3 months ago

Canaan Inc. to Report Fourth Quarter and Full Year 2024 Financial Results on March 26, 2025

Canaan Inc. Enters into Securities Purchase Agreement for Series A-1 Preferred Shares Financing and Completes First Tranche Closing

Mar 10, 2025, 4:15 PM EDT - 3 months ago

Canaan Inc. Enters into Securities Purchase Agreement for Series A-1 Preferred Shares Financing and Completes First Tranche Closing

Canaan Presents A Golden Opportunity

Mar 5, 2025, 9:11 AM EST - 3 months ago

Canaan Presents A Golden Opportunity

Canaan Inc. Announces February 2025 Bitcoin Production, Mining Operation Updates, and Preliminary Fourth Quarter 2024 Financial Results

Mar 3, 2025, 6:00 AM EST - 4 months ago

Canaan Inc. Announces February 2025 Bitcoin Production, Mining Operation Updates, and Preliminary Fourth Quarter 2024 Financial Results

Canaan Inc. Announces January 2025 Bitcoin Production and Mining Operation Updates

Feb 19, 2025, 5:30 AM EST - 4 months ago

Canaan Inc. Announces January 2025 Bitcoin Production and Mining Operation Updates

Canaan Inc. to Participate in the "Digital Assets 2025: To Bitcoin and Beyond," Virtual Conference Presented by Maxim Group LLC

Feb 10, 2025, 6:00 AM EST - 4 months ago

Canaan Inc. to Participate in the "Digital Assets 2025: To Bitcoin and Beyond," Virtual Conference Presented by Maxim Group LLC

Canaan Inc. Announces December 2024 Bitcoin Production and Mining Operation Updates and Provides FY2025 Financial Guidance

Jan 21, 2025, 6:45 AM EST - 5 months ago

Canaan Inc. Announces December 2024 Bitcoin Production and Mining Operation Updates and Provides FY2025 Financial Guidance

Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025

Jan 7, 2025, 11:27 PM EST - 6 months ago

Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025

Canaan Inc. Secures A15XP Order from New United States Customer

Jan 6, 2025, 6:00 AM EST - 6 months ago

Canaan Inc. Secures A15XP Order from New United States Customer

Canaan Inc. Signs Agreement with AGM Group Holdings Inc.

Dec 12, 2024, 4:15 PM EST - 6 months ago

Canaan Inc. Signs Agreement with AGM Group Holdings Inc.

Canaan Inc. to Participate in Upcoming Investor Conferences

Dec 2, 2024, 5:00 AM EST - 7 months ago

Canaan Inc. to Participate in Upcoming Investor Conferences

Theralase(R) Release's 3Q2024 Financial Statements

Nov 27, 2024, 5:05 PM EST - 7 months ago

Theralase(R) Release's 3Q2024 Financial Statements

Canaan Inc. Closes Series A-1 Preferred Shares Financing

Nov 26, 2024, 4:30 AM EST - 7 months ago

Canaan Inc. Closes Series A-1 Preferred Shares Financing

Canaan: Q3 Earnings, Is The 'Digital Gold' Rush Coming?

Nov 21, 2024, 8:30 AM EST - 7 months ago

Canaan: Q3 Earnings, Is The 'Digital Gold' Rush Coming?

RETRANSMISSION: HIVE Digital Technologies Ltd. Orders 5,000 Canaan Avalon A15-194T ASIC Miners to Boost Global Mining Capacity

Nov 21, 2024, 6:00 AM EST - 7 months ago

RETRANSMISSION: HIVE Digital Technologies Ltd. Orders 5,000 Canaan Avalon A15-194T ASIC Miners to Boost Global Mining Capacity

HIVE

HIVE Digital Technologies Ltd. Orders 5,000 Canaan Avalon A15-194T ASIC Miners to Boost Global Mining Capacity

Nov 21, 2024, 1:00 AM EST - 7 months ago

HIVE Digital Technologies Ltd. Orders 5,000 Canaan Avalon A15-194T ASIC Miners to Boost Global Mining Capacity

HIVE

Canaan Inc. (CAN) Q3 2024 Earnings Call Transcript

Nov 20, 2024, 12:26 PM EST - 7 months ago

Canaan Inc. (CAN) Q3 2024 Earnings Call Transcript

Canaan Inc. Reports Unaudited Third Quarter 2024 Financial Results

Nov 20, 2024, 5:15 AM EST - 7 months ago

Canaan Inc. Reports Unaudited Third Quarter 2024 Financial Results

Canaan Inc. Announces the Execution of a Securities Purchase Agreement

Nov 20, 2024, 5:10 AM EST - 7 months ago

Canaan Inc. Announces the Execution of a Securities Purchase Agreement

Canaan Inc. Secures Follow-On Order from HIVE for 5,000 Avalon A15-194T Miners

Nov 20, 2024, 5:00 AM EST - 7 months ago

Canaan Inc. Secures Follow-On Order from HIVE for 5,000 Avalon A15-194T Miners

Canaan Inc. Expands its Self-mining Footprint in Texas and Pennsylvania

Nov 20, 2024, 4:45 AM EST - 7 months ago

Canaan Inc. Expands its Self-mining Footprint in Texas and Pennsylvania

Canaan Inc. to Report Third Quarter 2024 Financial Results on November 20, 2024

Nov 14, 2024, 6:15 AM EST - 7 months ago

Canaan Inc. to Report Third Quarter 2024 Financial Results on November 20, 2024

Nasdaq Moves Lower; Canaan Shares Surge

Nov 11, 2024, 1:19 PM EST - 8 months ago

Nasdaq Moves Lower; Canaan Shares Surge

RETRANSMISSION: HIVE Digital Technologies Ltd. Announces Order of 6,500 Canaan Avalon A1566 ASIC Miners and Groundbreaking of 100 MW in Paraguay

Nov 11, 2024, 6:00 AM EST - 8 months ago

RETRANSMISSION: HIVE Digital Technologies Ltd. Announces Order of 6,500 Canaan Avalon A1566 ASIC Miners and Groundbreaking of 100 MW in Paraguay

HIVE

Canaan Inc. Signs Agreement with HIVE for Avalon A1566 Miners

Nov 11, 2024, 4:15 AM EST - 8 months ago

Canaan Inc. Signs Agreement with HIVE for Avalon A1566 Miners

HIVE Digital Technologies Ltd. Announces Order of 6,500 Canaan Avalon A1566 ASIC Miners and Groundbreaking of 100 MW in Paraguay

Nov 11, 2024, 1:00 AM EST - 8 months ago

HIVE Digital Technologies Ltd. Announces Order of 6,500 Canaan Avalon A1566 ASIC Miners and Groundbreaking of 100 MW in Paraguay

HIVE

Canaan Upgraded Avalon Miner A15 Series with Superior Performance

Nov 7, 2024, 11:18 PM EST - 8 months ago

Canaan Upgraded Avalon Miner A15 Series with Superior Performance

Canaan Inc. Awarded Order from New Customer CleanSpark for Avalon A1566I Miners

Nov 1, 2024, 8:15 AM EDT - 8 months ago

Canaan Inc. Awarded Order from New Customer CleanSpark for Avalon A1566I Miners

Canaan Inc. Closes Third Tranche of Preferred Shares Financing

Sep 30, 2024, 4:15 PM EDT - 9 months ago

Canaan Inc. Closes Third Tranche of Preferred Shares Financing

Theralase(R) Closes Non-Brokered Private Placement and Issues Stock Options

Sep 24, 2024, 5:00 PM EDT - 9 months ago

Theralase(R) Closes Non-Brokered Private Placement and Issues Stock Options

Canaan's Solid Operations Recognized, Wall Street Investment Firm Rosenblatt Gives "Buy" Rating

Sep 12, 2024, 3:15 AM EDT - 10 months ago

Canaan's Solid Operations Recognized, Wall Street Investment Firm Rosenblatt Gives "Buy" Rating

Modern America Campgrounds Acquires Lone Oak Campsites in East Canaan, CT

Sep 6, 2024, 2:44 PM EDT - 10 months ago

Modern America Campgrounds Acquires Lone Oak Campsites in East Canaan, CT

SecretAgentMan007
SecretAgentMan007 Jun. 24 at 11:16 PM
$CAN what a doucher 🤡 Always buying at the wrong time and holding bags for eternity 🤣
0 · Reply
grtttttteasd
grtttttteasd Jun. 24 at 10:39 PM
$CAN You Can buy something like $MSTR, $COIN, or $BTC right now to get crypto exposure/upside in a portfolio but the upside is limited. Those assets have outperformed and only have maybe 2x left in the tank before correcting. There is a strong chance taking a risk on smaller crypto assets like $CAN that have yet to perform this cycle being the better play right now. The money flow goes from $BTC > safe large caps > Risky small caps We are almost at a point where the riskier small assets start to outperform and when this happens you can see those assets go 10-20x higher in the matter of months. Canaan is positioned perfectly for that type of growth when the time is right
0 · Reply
grtttttteasd
grtttttteasd Jun. 24 at 10:27 PM
$CAN 30M stock buyback, 15% of costs cut for good, massive CEO insider buying, growing and massive BTC holdings increasing every day, a product with potential huge demand as $BTC increases further The valuation can go 20x higher than today's to match what it did in 2021 when BTC was only 69K. Dilution has held this down, but it won't hold it down forever in this market. Way undervalued today this should push the valuation leaves seen in 2021 or higher bringing out a potential $15-$20 stock price
1 · Reply
Ifonlyicanhold
Ifonlyicanhold Jun. 24 at 9:00 PM
$CAN management is trying to do damage control by 1. Terminate 2nd tranche convertible 2. 30 million stock buy back 3. CEO and CFO insider purchase 4. CUT ai section to save 15% cost Very impressive I would say. They knew what they are doing.
0 · Reply
Ifonlyicanhold
Ifonlyicanhold Jun. 24 at 8:57 PM
$CAN CEO is doing his best to boost the stock price. Mr Zhang earlier was betrayed by the A-1 convertible’s holders who pretend to be a long term investor and promised won’t sell low but saw his stock price was trashed by relentless selling and dilution.
0 · Reply
grtttttteasd
grtttttteasd Jun. 24 at 5:35 PM
$CAN the last time $COIN broke out over $300 it was a leading indicator for $CAN which ran to $3+
0 · Reply
LudwigVanBeethoven
LudwigVanBeethoven Jun. 24 at 5:04 PM
$CAN $HIVE $RIOT $WGMI oil back down, big war averted and $BTC.X double golden cross into higher making all miner lucrative. It was a tough value balancing act. Now they all shoot run back up and explode higher?
0 · Reply
Harold2029
Harold2029 Jun. 24 at 5:01 PM
$CAN #bullish
0 · Reply
LudwigVanBeethoven
LudwigVanBeethoven Jun. 24 at 4:57 PM
$BTC.X impressive, 2nd golden cross. So the cycle is not dead and quite vivid. ~2 month for gains. $CAN $RIOT (D candles)
0 · Reply
grtttttteasd
grtttttteasd Jun. 24 at 4:22 PM
$CAN is nearing an explosive move up
0 · Reply
B_LionShare
B_LionShare Jun. 24 at 3:33 PM
There it is: $JDZG (20% after 1 for 8 rs) Up next: $NCL | $CAN | $ZBAI
1 · Reply
Stunna23
Stunna23 Jun. 24 at 3:20 PM
$CAN 100+ btc a month. when will ppl wake up
1 · Reply
Ifonlyicanhold
Ifonlyicanhold Jun. 24 at 2:20 PM
$CAN terminate AI business and save %15 operating cost sounds a good business plan. They should have dump it 5 years ago and focus on self mining. The CEO has AI pipe dream.
2 · Reply
Dardpro
Dardpro Jun. 24 at 1:56 PM
$CAN Wish I bought more shares, but it will do for now. all in on this baby if it dips more. DO IT
1 · Reply
ONLOGOS
ONLOGOS Jun. 24 at 8:44 AM
$CAN A little sad. Quite a lot of young developers & university students used K210 & K230 to develop their 1st edge AI programme with the expense of only 4-5 USD for chips purchased online. It’s a dream for Canaan and their CEO, who wants to help the world, not only to help China or US. However, I support this tough decision and regard it as positive to Canaan’s stock price. https://www.stocktitan.net/news/CAN/canaan-inc-announces-strategic-be5j4yt2basf.html
1 · Reply
BinaryLogic
BinaryLogic Jun. 24 at 1:46 AM
$CAN Double-bottom, Oversold (1YR/3YR), trading at/around 0.7BV. The Company just recorded record $BTC.X monthly production, launched a new self-mining product, authorized $30MILS buyback program, refocused operations to mining and announced substantial insider purchases at a strike price well above the present trading level. 20% upside just to reach BV and multiplier upside (IMO) if/where miners regain traction. https://www.stocktitan.net/news/CAN/canaan-inc-announces-strategic-be5j4yt2basf.html
0 · Reply
nightmare455
nightmare455 Jun. 23 at 11:41 PM
$CAN
0 · Reply
Stunna23
Stunna23 Jun. 23 at 11:38 PM
$CAN
0 · Reply
Dardpro
Dardpro Jun. 23 at 6:29 PM
$CAN next dips are crucial, we might finally have bottom prices. 😆🤑 I'm not adding but have buy orders below .56. GL . 10k shares only.
0 · Reply
MichaelKay
MichaelKay Jun. 23 at 6:16 PM
$CAN Honestly when I started a position here I didn’t factor in the AI in the valuation...I do not think the market did either. I saw it more as a plus if things do materialize. Glad they dropped it. Cutting costs and margin improvement is needed here. I bought them for the ASIC machines. I like that they are going all in on it.
3 · Reply
dadodev612
dadodev612 Jun. 23 at 6:15 PM
$CAN nice reversal, I would not bet a dime on this.. but good. Fingers crossed that finally we will run
0 · Reply
Bulltrader988
Bulltrader988 Jun. 23 at 5:56 PM
$CAN 👃👀 https://www.tipranks.com/news/company-announcements/canaan-inc-realigns-focus-to-strengthen-crypto-business?utm_source=webullapp.com&utm_medium=referral
0 · Reply