Canaan/$CAN

Canaan shares are trading higher after announcing a deal to supply 6,840 Avalon A15Pro miners to Cipher Mining.
54 minutes ago·Lightyear AI
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About Canaan

Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment and 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 and accessories. Geographically, the company derives its maximum revenue from United States.

Ticker

$CAN
Primary listing

Industry

Technology Hardware, Storage and Peripherals

Headquarters

Singapore, Singapore

Employees

463

ISIN

US1347481020

Canaan Metrics

BasicAdvanced
$439M
-
-$1.02
3.29
-

What the Analysts think about Canaan

Analyst ratings (Buy, Hold, Sell) for Canaan stock.

Bulls say / Bears say

Canaan's revenue surged by 135.9% to $82.78 million in Q1 2025, indicating strong growth in its core business (tradingview.com).
Analysts at Rosenblatt Securities have maintained a 'Buy' rating with a $5.00 price target, reflecting confidence in Canaan's future prospects (marketbeat.com).
Canaan's self-mining operations are expected to contribute significantly to revenue, with projections of $150 million to $200 million in 2025, enhancing profitability (investing.com).
Canaan reported a quarterly loss of $86.43 million in Q1 2025, raising concerns about its profitability (tradingview.com).
The company's stock has declined by 60% year-to-date, reflecting investor apprehension about its performance (tradingview.com).
Wall Street Zen downgraded Canaan's stock to a 'Sell' rating, indicating skepticism about its future growth (marketbeat.com).
Data summarised monthly by Lightyear AI. Last updated on 13 Jul 2025.

Canaan Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Canaan Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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