Canaan/$CAN

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

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

Sector

Digital Hardware
Primary listing

Employees

463

Headquarters

Singapore, Singapore

Canaan Metrics

BasicAdvanced
$750M
-
-$0.83
3.49
-

What the Analysts think about Canaan

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

Bulls say / Bears say

Canaan’s total revenues for Q1 2025 jumped 135.9% year-over-year to US$82.8 million, beating projections thanks to strong demand for its A15 series products. (Reuters)
The company’s U.S. pilot production line, designed to sidestep President Trump’s tariffs, enables Canaan to uphold competitive pricing in a key market that generated 40% of its revenue last year. (Reuters)
In Q2 2025, Canaan reversed from a gross loss of US$19.1 million a year earlier to generate a gross profit of US$9.3 million, signaling cost structure improvements and higher average selling prices for its A15 machines. (Nasdaq)
Despite robust revenue growth, Canaan posted a first-quarter net loss of US$86.4 million, highlighting ongoing profitability issues due to high operating costs. (Reuters)
Ongoing U.S. tariffs on Chinese-made mining equipment continue to squeeze Canaan’s margins, limiting it to pilot-scale production in the U.S. instead of full-fledged local manufacturing. (Reuters)
The market remains highly concentrated, with Bitmain and MicroBT holding more than 90% of global mining rig output, putting additional pressure on Canaan’s ability to grow its share. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 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.

Buy $CAN

Sign up or log in to buy
Capital at risk
Market closedADR

Upcoming events

No upcoming events
FAQs