AI Score

Unlock

AI Score

Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

We regularly update and refine our models to deliver the most reliable forecasts for you.

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

Canaan Inc. (CAN)

AI Score

Unlock

AI Score

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

1.78

0.00 (0.00%)

At close: Feb 20, 2025, 3:59 PM

1.80

0.84%

After-hours: Feb 20, 2025, 07:11 PM EST

undefined% (undefined)

Bid	1.78
Market Cap	477.51M
Revenue (ttm)	-
Net Income (ttm)	-
EPS (ttm)	-1.37
PE Ratio (ttm)	-1.3
Forward PE	n/a
Analyst	Buy

Ask	1.8
Volume	8,399,105
Avg. Volume (20D)	19,479,652
Open	1.82
Previous Close	1.78
Day's Range	1.73 - 1.85
52-Week Range	0.72 - 3.27
Beta	undefined

About CAN

Canaan Inc. engages in the research, 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 artificial intelligence products, as well as mining business. The company has operations in the United States, Austra...

[Show more]

Industry Computer Hardware

Sector Technology

IPO Date Nov 20, 2019

Employees 445

Stock Exchange NASDAQ

Ticker Symbol CAN

Website https://investor.canaan-creative.com

Full Company Profile

Analyst Forecast

According to 3 analyst ratings, the average rating for CAN stock is "Buy." The 12-month stock price forecast is $3, which is an increase of 68.07% from the latest price.

Buy 100.00%

Hold 0.00%

Sell 0.00%

Stock Forecasts

Next Earnings Release

Canaan Inc. is scheduled to release its earnings on Mar 4, 2025, before market opens.
Analysts project revenue of ... Unlock content with Pro Subscription

Why Price Moved

3 weeks ago

+19.89%

Shares of Bitcoin miners and crypto-linked stocks ... Unlock content with Pro Subscription

3 weeks ago

-1.91%

Shares of crypto-linked stocks are trading lower amid weakness in Bitcoin, which has dropped on overall market uncertainty in Monday's session.

News

1 month ago · zacks.com

Canaan (CAN) Upgraded to Buy: Here's What You Should Know

Canaan (CAN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

1 month ago · fool.com

Why Bitcoin and Related Stocks Soared on Friday

Many stocks and funds in the cryptocurrency sphere soared on Friday. The classic Bitcoin (BTC 4.52%) cryptocurrency gained as much as 5.3%, as measured from Thursday's market close, boosting a wide ra...

3 months ago · zacks.com

Should You Buy Canaan (CAN) After Golden Cross?

From a technical perspective, Canaan Inc. Sponsored ADR (CAN) is looking like an interesting pick, as it just reached a key level of support. CAN's 50-day simple moving average crossed above its 200-d...

3 months ago · proactiveinvestors.com

HIVE Digital expands Bitcoin mining capacity with purchase of 5,000 Canaan Avalon miners

HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has announced the purchase of 5,000 Avalon A15-194T ASIC miners from Canaan, enhancing its mining efficiency and operational capacity. This follows ...

3 months ago · seekingalpha.com

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

Canaan's Q3 earnings report beat analyst expectations for top line revenue but missed on EPADS. The company grew compute power sold by 92% year over and improved rate by 12%. Canaan's Avalon Nano 3 ma...

3 months ago · newsfilecorp.com

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

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024...

3 months ago · newsfilecorp.com

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

3 months ago · seekingalpha.com

Canaan Inc. (CAN) Q3 2024 Earnings Call Transcript

Canaan Inc. (NASDAQ:CAN ) Q3 2024 Earnings Conference Call November 20, 2024 8:00 AM ET Company Participants Gwyn Lauber - Investor Relations Director Nangeng Zhang - Chairman and CEO James Cheng - CF...

3 months ago · zacks.com

Canaan (CAN) Reports Q3 Loss, Tops Revenue Estimates

Canaan (CAN) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.41 per share a year ago.