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Canaan (CAN)
NASDAQ:CAN
Canaan (CAN) Stock Price & Analysis
1,037 Followers
CAN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.64 - $3.98
Previous Close$1.92
Volume1.01M
Average Volume (3M)2.19M
Market Cap
$321.98M
Enterprise Value$245.60M
Total Cash (Recent Filing)¥102.54M
Total Debt (Recent Filing)¥26.16M
Price to Earnings (P/E)-1.3
Beta1.99
Next Earnings
Nov 14, 2023EPS Estimate
-$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.47
Shares Outstanding186,942,566
10 Day Avg. Volume1,150,580
30 Day Avg. Volume2,185,659
Standard Deviation0.48
R-Squared0.15
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.09
Price to Sales (P/S)0.09
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$4.00Price Target Upside128.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Canaan News
Pre-EarningsCanaan Inc. (CAN) Q2 Earnings Cheat Sheet
Stock Analysis & IdeasDAPP: This Red-Hot Crypto ETF Has Its Flaws
Pre-EarningsCAN Upcoming Earnings Report: What to Expect?
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Insights
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CAN FAQ
What was Canaan’s price range in the past 12 months?
Canaan lowest stock price was $1.64 and its highest was $3.98 in the past 12 months.
What is Canaan’s market cap?
Currently, no data Available
When is Canaan’s upcoming earnings report date?
Canaan’s upcoming earnings report date is Nov 14, 2023 which is in 27 days.
How were Canaan’s earnings last quarter?
Canaan released its earnings results on Aug 29, 2023. The company reported -$0.043 earnings per share for the quarter, missing the consensus estimate of $0.064 by -$0.107.
Is Canaan overvalued?
According to Wall Street analysts Canaan’s price is currently Undervalued.
Does Canaan pay dividends?
Canaan does not currently pay dividends.
What is Canaan’s EPS estimate?
Canaan’s EPS estimate is -$0.02.
How many shares outstanding does Canaan have?
Canaan has 167,699,830 shares outstanding.
What happened to Canaan’s price movement after its last earnings report?
Canaan reported an EPS of -$0.043 in its last earnings report, missing expectations of $0.064. Following the earnings report the stock price went up 7.035%.
Which hedge fund is a major shareholder of Canaan?
Among the largest hedge funds holding Canaan’s share is GMT Capital Corp. It holds Canaan’s shares valued at 210K.
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Canaan Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$4.00 (128.57% Upside)
$4.00 (128.57% Upside)
Blogger Sentiment
Bullish
CAN Sentiment 75%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 67.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.3%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.16%
12-Months-Change
Fundamentals
Return on Equity
-43.90%
Trailing 12-Months
Asset Growth
-41.81%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Canaan
Canaan, Inc. designs and sells integrated circuits. It offers Kendryte AI and Avalon Miner products. The firm is a developer of supercomputing chips and the manufacturer of digital block chain computing equipment as well as the supplier of overall scheme for computer software and hardware of digital block chain. The company was founded by Li Jiaxuan, Liu Xiangfu and Zhang Nangeng in 2013 and is headquartered in Hangzhou, China.
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Top 5 ETFs holding CAN
Currently, no data available
Please return soon. This page is being updated.
Up to five ETFs with an Outperform Smart Score that hold CAN. The ETFs are listed according to market value of CAN within the ETF
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