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CanaanNASDAQ: CAN

Profile

Sector:

Technology

Country:

Singapore

IPO:

20 November 2019

Next earnings report:

28 November 2024

Last dividends:

N/A

Next dividends:

N/A
$343.85 M
-81%vs. 3y high
43%vs. sector
-vs. 3y high
-vs. sector
-81%vs. 3y high
27%vs. sector
-56%vs. 3y high
42%vs. sector

Price

regular market | 7 min ago
$1.20-$0.06(-4.40%)

Dividend

No data over the past 3 years
$71.86 M$72.84 M
$71.86 M-$41.88 M

Analysts recommendations

Institutional Ownership

CAN Latest News

Canaan Inc. Awarded Order from New Customer CleanSpark for Avalon A1566I Miners
prnewswire.com01 November 2024 Sentiment: POSITIVE

Contributing to CleanSpark's Immersion Mining Operations SINGAPORE , Nov. 1, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan U.S. Inc., a wholly owned subsidiary of the Company, has entered into a purchase agreement with a new customer, CleanSpark Inc., for its Avalon A1566I miners. According to the purchase agreement, Canaan U.S. Inc. will provide CleanSpark with 3800 Avalon A1566I Immersion Cooling Miners.

Canaan Inc. Closes Third Tranche of Preferred Shares Financing
prnewswire.com30 September 2024 Sentiment: POSITIVE

Plans to fund self-mining expansion  and Bitcoin mining machine business  in North America   SINGAPORE, Sept. 30, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has closed the third and final tranche of its previously announced preferred shares financing (the "Preferred Shares Financing"), raising additional total gross proceeds of $50 million.

Canaan (CAN) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
zacks.com13 September 2024 Sentiment: POSITIVE

Canaan (CAN) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Canaan's Solid Operations Recognized, Wall Street Investment Firm Rosenblatt Gives "Buy" Rating
prnewswire.com12 September 2024 Sentiment: POSITIVE

SINGAPORE , Sept. 12, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) has been recognized for its solid operations by Rosenblatt, a Wall Street investment firm that defines Canaan Inc. as "promising" in light of the upcoming BTC bull market, and initiating with a "buy" rating and a $3 price target for its stock over the next 12 months.

Modern America Campgrounds Acquires Lone Oak Campsites in East Canaan, CT
businesswire.com06 September 2024 Sentiment: POSITIVE

BOSTON--(BUSINESS WIRE)--Modern America Campgrounds, the largest RV park owner in the Northeast, today announced its acquisition of Lone Oak Campsites in East Canaan, CT. This marks the company's 27th park acquisition in the last 24 months, further solidifying its position as a leader in the outdoor hospitality industry. Lone Oak Campsites will officially become part of the Modern America Campgrounds portfolio on Dec. 1, 2024. Modern America Campgrounds has recently introduced several innovativ.

Canaan Inc. to Participate in H.C. Wainwright 26th Annual Global Investment Conference on September 9-11, 2024
prnewswire.com05 September 2024 Sentiment: POSITIVE

SINGAPORE , Sept. 5, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that the Company will participate in the following investor conference.

Canaan Inc. to Participate in Benchmark's 11th Annual TMT One-on-One Conference on September 4, 2024
prnewswire.com03 September 2024 Sentiment: POSITIVE

SINGAPORE , Sept. 3, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that the Company will participate in the following investor conference.

Canaan Inc. to Participate in Macquarie's 15th Annual ASEAN Conference on August 27-28, 2024
prnewswire.com26 August 2024 Sentiment: POSITIVE

SINGAPORE , Aug. 26, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that the Company will participate in the following investor conference. Canaan's management plans to host one-on-one meetings with institutional investors at the conference.

Canaan (CAN) Upgraded to Buy: Here's Why
zacks.com20 August 2024 Sentiment: POSITIVE

Canaan (CAN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Canaan Inc. to Participate in Rosenblatt's 4th Annual Technology Summit
prnewswire.com16 August 2024 Sentiment: POSITIVE

SINGAPORE, Aug. 16, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that the Company will participate in the following investor conference. Canaan's management plans to host one-on-one meetings with institutional investors at the conference.

What type of business is Canaan?

Canaan Inc. engages in the research, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of artificial intelligence products, as well as mining business. The company has operations in the United States, Australia, Kazakhstan, Canada, Indonesia, Mainland China, Malaysia, Thailand, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.

What sector is Canaan in?

Canaan is in the Technology sector

What industry is Canaan in?

Canaan is in the Computer Hardware industry

What country is Canaan from?

Canaan is headquartered in Singapore

When did Canaan go public?

Canaan initial public offering (IPO) was on 20 November 2019

What is Canaan website?

https://investor.canaan-creative.com

Is Canaan in the S&P 500?

No, Canaan is not included in the S&P 500 index

Is Canaan in the NASDAQ 100?

No, Canaan is not included in the NASDAQ 100 index

Is Canaan in the Dow Jones?

No, Canaan is not included in the Dow Jones index

When was Canaan the previous earnings report?

No data

When does Canaan earnings report?

The next expected earnings date for Canaan is 28 November 2024