CANAAN INC

NASDAQ: CAN (Canaan Inc.)

Last update: 01 Jul, 2024, 4:17AM

1.000

-0.04 (-3.87%)

Previous Close 1.04
Open 1.05
Volume 4,749,848
Avg. Volume (3M) 8,739,250
Market Cap 286,042,784
Price / Sales 2.07
Price / Book 1.77
52 Weeks Range
0.750 (-24%) — 3.50 (250%)
Earnings Date 27 Aug 2024 - 2 Sep 2024
Profit Margin -158.65%
Operating Margin (TTM) -63.74%
Diluted EPS (TTM) -1.37
Quarterly Revenue Growth (YOY) -2.70%
Total Debt/Equity (MRQ) 5.95%
Current Ratio (MRQ) 2.88
Operating Cash Flow (TTM) -185.65 M
Levered Free Cash Flow (TTM) -17.12 M
Return on Assets (TTM) -36.18%
Return on Equity (TTM) -74.69%

Market Trend

Short Term Medium Term
Industry Computer Hardware (US) Mixed Bullish
Computer Hardware (Global) Mixed Bullish
Stock Canaan Inc. Bullish Bearish

AIStockmoo Score

0.0
Analyst Consensus 5.0
Insider Activity NA
Price Volatility -2.0
Technical Moving Averages -2.5
Technical Oscillators -0.5
Average 0.00

Similar Stocks

Stock Market Cap DY P/E (TTM) P/B
CAN 286 M - - 1.77
ZSPC 229 M - - -
RGTIW - - - -
STX 19 B 3.09% 23.57 -
SMCI 21 B - 18.13 3.49
NTAP 24 B 1.77% 21.45 26.96

Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts.

Sector Technology
Industry Computer Hardware
% Held by Institutions 21.49%
52 Weeks Range
0.750 (-24%) — 3.50 (250%)
Price Target Range
3.00 (200%) — 4.00 (300%)
High 4.00 (Rosenblatt, 300.08%) Buy
Median 3.50 (250.07%)
Low 3.00 (HC Wainwright & Co., 200.06%) Buy
Average 3.50 (250.07%)
Total 2 Buy
Avg. Price @ Call 2.43
Firm Date Target Price Call Price @ Call
Rosenblatt 06 Dec 2024 4.00 (300.08%) Buy 3.04
HC Wainwright & Co. 21 Nov 2024 3.00 (200.06%) Buy 1.82

No data within this time range.

Date Type Details
07 Jan 2025 Announcement Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025
06 Jan 2025 Announcement Canaan Inc. Secures A15XP Order from New United States Customer
12 Dec 2024 Announcement AGM Group Holdings Inc. Announces Investment in Bitcoin Mining Equipment
12 Dec 2024 Announcement Canaan Inc. Signs Agreement with AGM Group Holdings Inc.
02 Dec 2024 Announcement Canaan Inc. to Participate in Upcoming Investor Conferences
26 Nov 2024 Announcement Canaan Inc. Closes Series A-1 Preferred Shares Financing
21 Nov 2024 Announcement RETRANSMISSION: HIVE Digital Technologies Ltd. Orders 5,000 Canaan Avalon A15-194T ASIC Miners to Boost Global Mining Capacity
21 Nov 2024 Announcement HIVE Digital Technologies Ltd. Orders 5,000 Canaan Avalon A15-194T ASIC Miners to Boost Global Mining Capacity
20 Nov 2024 Announcement Canaan Inc. Expands its Self-mining Footprint in Texas and Pennsylvania
20 Nov 2024 Announcement Canaan Inc. Announces the Execution of a Securities Purchase Agreement
20 Nov 2024 Announcement Canaan Inc. Secures Follow-On Order from HIVE for 5,000 Avalon A15-194T Miners
20 Nov 2024 Announcement Canaan Inc. Reports Unaudited Third Quarter 2024 Financial Results
14 Nov 2024 Announcement Canaan Inc. to Report Third Quarter 2024 Financial Results on November 20, 2024
11 Nov 2024 Announcement RETRANSMISSION: HIVE Digital Technologies Ltd. Announces Order of 6,500 Canaan Avalon A1566 ASIC Miners and Groundbreaking of 100 MW in Paraguay
11 Nov 2024 Announcement Canaan Inc. Signs Agreement with HIVE for Avalon A1566 Miners
11 Nov 2024 Announcement HIVE Digital Technologies Ltd. Announces Order of 6,500 Canaan Avalon A1566 ASIC Miners and Groundbreaking of 100 MW in Paraguay
07 Nov 2024 Announcement Canaan Upgraded Avalon Miner A15 Series with Superior Performance
01 Nov 2024 Announcement Canaan Inc. Awarded Order from New Customer CleanSpark for Avalon A1566I Miners
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