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CANAAN INC

CANNASDAQ
๐Ÿ† #3709 by market capEarnings Nov 16US Equity
$0.22โ–ผ $0.01 (โˆ’3.35%)
Latest quote
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24hโ–ผ 3.4%
7dโ–ฒ 1.5%
14dโ–ผ 12.8%
30dโ–ผ 41.1%
ytdโ–ผ 67.9%
1yโ–ผ 83.9%
๐ŸฆMarket Cap
$2.39B
Small Cap
๐Ÿ“ˆRevenue Growth (YoY)
-51.8%
Declining
๐Ÿ“ŠGross Margin
2.0%
Thin
๐Ÿ’ตFCF Margin
โ€”
โš–๏ธP/S Ratio
0.4x
Cheap
Otter Score
36
Weak

Trading Snapshot

Day Range
$0.22 โ€“ $0.22
52-Week Range
$0.15 โ€“ $1.84
Volume (shares)
476,607.59
Avg Volume (shares)
โ€”
Shares Outstanding
10.87B
Next Earnings
2026-11-16

Fundamentals Snapshot

Annual Revenue
$530M
Last Q Revenue
$32M
P/E Ratio
โ€”
P/S Ratio
0.4x
EPS (TTM)
$-0.03
Dividend Yield
โ€”
Dilution (1yr)
+122.1%
CAN logo

CANAAN INC

CAN
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$530Mโ–ฒ +96.7% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
7.8%โ–ผ โˆ’124.8% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isnโ€™t profitable yet.
โˆ’$112Mโ–ผ โˆ’50.6% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$0โ–ผ โˆ’100.0% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing ownerโ€™s slice.
634.5Mโ–ฒ +122.1% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$26Mโ–ฒ +$24M YoY
StockOtter ยท stockotter.space

About CANAAN INC

Canaan Inc. operates as a holding company, primarily engaged in the design, production, and sale of Bitcoin mining hardware, in addition to supplying various associated services. A key focus for the company is the advancement and implementation of environmentally conscious mining practices. This firm was co-founded by Jia Xuan Li, Xiang Fu Liu, and Nan Geng Zhang on January 19, 2013, and its corporate headquarters are situated in Singapore.

๐Ÿฆฆ

Otter Score Breakdown

How it's scoredFive components, each rated 1โ€“5โ˜… and equally weighted (20%), averaged to a 0โ€“100 score:๐Ÿ’Ž Quality โ€” gross margin๐Ÿš€ Growth โ€” revenue YoYโš–๏ธ Valuation โ€” P/S ratioโšก Momentum โ€” 30-day price change๐Ÿ’ง Dilution โ€” 1-yr share issuance (buybacks score higher)
๐Ÿ’ŽQualityโ˜…โ˜…โ˜…โ˜…โ˜…
๐Ÿš€Growthโ˜…โ˜…โ˜…โ˜…โ˜…
โš–๏ธValuationโ˜…โ˜…โ˜…โ˜…โ˜…
โšกMomentumโ˜…โ˜…โ˜…โ˜…โ˜…
๐Ÿ’งDilutionโ˜…โ˜…โ˜…โ˜…โ˜…
Overall Score
Weak
36/100

Analyst Ratings

โ“˜
Consensus
Buy
9 analysts
Strong Buy3
Buy5
Hold1
Sell0
Strong Sell0
Ratings as of Oct 2026

Latest News & Updates

MarketBeatยท5d ago

BlockchAIn Digital Infrastructure Unveils $1B+ Nebius Data Center Lease Strategy

BlockchAIn Digital Infrastructure NYSEAMERICAN: AIB outlined a data-center development strategy centered on smaller, power-secured facilities, long-term tenant contracts and project-level financing during a presentation

PRNewsWireยท10d ago

Canaan Announces Appointment of KPMG in Singapore as Independent Auditor

SINGAPORE, Oct. 19, 2026 /PRNewswire/ --ย Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that, effective October 19, 2026, the Company engaged KPM

PRNewsWireยท14d ago

Canaan Inc. Provides September 2026 Bitcoin Production and Mining Operation Updates

Nordic district heating project is now fully operational Treasury now 1,875 BTC with 44 BTC mined in September SINGAPORE, Oct. 15, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator

MarketBeatยท21d ago

BlockchAIn Digital Infrastructure Says Nebius Prepayment Funds $800M Data Center Build

BlockchAIn Digital Infrastructure NYSEAMERICAN: AIB outlined its plans to develop a 50-megawatt data center project under a newly executed contract with Nebius, with management saying customer prepayments are expected to

PRNewsWireยท23d ago

BD Celebrates 65 Years of Manufacturing, Innovation and Community Partnership in Canaan

Generations of Connecticut employees have helped ensure the reliable supply of the BDยฎ Syringe, an essential medical device clinicians rely on every day in patient care around the world CANAAN, Conn., Oct. 6, 2026 /PRNew

PRNewsWireยทSep 24

Canaan Inc. to Exhibit at BTCHEL Conference: Showcasing Hash-to-Heat Solutions from District Networks to Home Solutions

SINGAPORE, Sept. 24, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in computing and energy infrastructure, announced today that it will exhibit at BTCHEL, held in Helsinki, Finl