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StockVS

NASDAQ · Computer Hardware · USD

Canaan Inc. (CAN) Stock Analysis

Canaan Inc. (CAN) is a Computer Hardware stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

CAN

$0.23

−$0.00 (−1.12%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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CAN Key Statistics

As of Oct 21, 2026
Trading
Open
$0.24
Previous Close
$0.23
Day's Range
0.22–0.24
52-Week Range
0.15–2.22
Volume
8.31M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.64
Valuation
Market Cap
$204.27M
P/E Ratio
unprofitable
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.46
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.45
Financials (FY)
Revenue (FY)
$529.74M+96.69%
Net Income (FY)
−$210.27M
Profit marginThe share of revenue left as profit after all costs and taxes.
−67.78%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
711.13M
1-Year Return
−88.21%
Dividend and dates
Earnings Date
November 17, 2026estimated
Avg Volume
15.32M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, CAN closed at $0.23, −88.21% over 1 year.

Canaan Inc. (CAN) has a market capitalization of $204.27M.

In fiscal 2025, CAN reported revenue of $529.74M.

CAN Stock Return by Calendar Year

Canaan Inc. (CAN) return since Nov 2019: what $10,000 became

1 year
$10,000 $1,179
−88.21%
5 years
$10,000 $265
−97.35%
Since Nov 2019
$10,000 $256
−97.44%

If you had invested $10,000 in Canaan Inc. (CAN) at the close on November 20, 2019, the earliest close on record here, it would have been worth $256 at the close on October 21, 2026: −97.44% in total, −41.14% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−66.67%
2025−66.34%
2024−11.26%
2023+12.14%
2022−60.00%
2021−13.15%
2020−2.79%
2019 (partial year)−32.22%

As of October 21, 2026.

CAN Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$529.74M−$210.27M−39.7%
2024$269.32M−$249.75M−92.7%
2023$211.48M−$414.15M−195.8%
2022$651.53M$69.88M10.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$529.74M$41.16M−$103.64M−$210.27M−39.7%
2024$269.32M−$84.32M−$223.04M−$249.75M−92.7%
2023$211.48M−$240.78M−$385.05M−$414.15M−195.8%
2022$651.53M$230.29M$50.82M$69.88M10.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

CAN Valuation vs Computer Hardware Median

Median of 46 stocks
MetricCANComputer Hardware medianvs median
P/S ratio0.463.860.1x the median
Profit margin−67.78%−12.36%55.4 pts below

Medians across 46 Computer Hardware stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 18 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Canaan Inc. (CAN) carries a market capitalisation of $204.27M. It is classified in the Computer Hardware industry, within the Technology sector. Headcount on file is 399.

The most recent close on file for CAN is $0.23, dated October 21, 2026. That is $0.00 (−1.12%) against the previous close. The 52-week range on file runs from $0.15 to $2.22. The latest close sits 51.32% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $529.74M. That is +96.69% against the prior fiscal year, when revenue was $269.32M. The same year closed with a net loss of $210.27M. The reported profit margin is −67.78%. That is 55.4 percentage points below the Computer Hardware median of −12.36%. Trailing earnings per share are −0.45.

Across the 4 fiscal years on file, revenue moves from $651.53M in 2022 to $529.74M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. Measured against sales, the shares trade at 0.46 times revenue. On price-to-sales that is 0.1 times the Computer Hardware median of 3.86. The medians here are taken across 46 Computer Hardware companies that report the metric.

The trailing one-year total return is −88.21%. Measured over 5 years, that is −51.62% a year compounded. Beta against the wider market is reported at 2.64. Annualized volatility over the trailing 6 years is 124.88%.

Growth & Income

The record shows no dividend for CAN.

2026 is still running; the total return is −66.67% year to date. Across the complete calendar years on file, 2023 returned +12.14% and 2025 returned −66.34%. Of the 6 complete calendar years on file, 1 finished higher.

Peer Comparison

Canaan Inc. (CAN) operates in the Computer Hardware industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Canaan Inc. CAN $204.27M —
Dell Technologies Inc. DELL $308.93B 28.3
Arista Networks, Inc. ANET $232.48B 58.2
Sandisk Corporation SNDK $199.19B 18.7

The Computer Hardware industry average P/E ratio is 19.5x. Canaan Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Canaan Inc.

Canaan Inc. engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business. It has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Ireland, Georgia, Brazil, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.

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