Companies /Technology

Canaan Inc

NASDAQ: CAN Computer Hardware
$0.19
▲ $0.01 (+2.76%) today
Markets closed · 12:34pm ET

CAN at a Glance

Valuation
Market cap
$136.1M
Profitability
Revenue (TTM)
$441.3M
Profit margin
-67.8%
EPS (TTM)
$-0.46
Price
52-week range
$0 – $1
Street target
$1.39
Earnings
Next report
Nov 10, 2026

Headquartered in 28 Ayer Rajah Crescent #06-08, Singapore Fiscal year ends December NASDAQ: CAN investor.canaan-creative.com

About Canaan

Canaan Inc. is an integrated circuit (IC) design company principally engaged in the design and sale of Bitcoin mining equipment (ASIC miners) and related components. The company's sales are primarily conducted in the United States and Singapore. In addition to its equipment business, Canaan operates its own Bitcoin mining activities mainly in North America and Ethiopia. The company holds a portfolio of cryptocurrency assets including Bitcoin, Ethereum, and USDT, and utilizes Bitcoin-collateralized lending arrangements for liquidity. Canaan has expanded into mining infrastructure investments through 49% equity stakes in three mining data center projects acquired from Cipher Mining Technologies. The company sources its integrated circuits from a single supplier and faces significant exposure to Bitcoin price fluctuations, which affect both its mining revenue and the market demand for its equipment products. Canaan is incorporated in the Cayman Islands and its American Depositary Shares trade on the Nasdaq. Updated

CAN Coverage

Frequently Asked Questions

What does Canaan do?

Canaan Inc. is an integrated circuit (IC) design company principally engaged in the design and sale of Bitcoin mining equipment (ASIC miners) and related components. The company's sales are primarily conducted in the United States and Singapore.

What is the CAN stock price target?

The Wall Street consensus 12-month price target for CAN is $1.39.