CAN
Canaan Sp ADR-A (CAN)
NASDAQ
$0.34-$0.008 (-2.25%)
Price as of Jun 23, 2026 12:45 PM EDT
  • $254.3M
    Market Cap
  • -42.35%
    1-Year Change
  • Computer Hardware
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 23
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Canaan vs. CleanSpark: Which Technology Stock Is a Better Buy in 2026?

The article compares two Bitcoin mining industry players: Canaan, a hardware manufacturer for mining equipment, and CleanSpark, a data center operator. While both companies showed strong revenue growth in FY 2025 (96.7% and 102.2% respectively), CleanSpark achieved profitability with a 47.6% net margin, whereas Canaan reported a significant net loss. The author recommends CleanSpark despite acknowledging both companies face crypto market volatility and intense competition.

06/03/2026, 9:12 PM • The Motley Fool

This Crypto Mining Stock Just Went Parabolic, Up 20% Today

Canaan, a cryptocurrency mining equipment company, reported impressive Q3 earnings with 104% year-over-year revenue growth, driven by high-performance mining systems and potential AI computing applications, causing its stock to jump 20%.

11/18/2025, 5:24 PM • The Motley Fool

Why Canaan Stock Plummeted by 10% on Thursday

Canaan's stock dropped 10% on Thursday due to Bitcoin falling below $100,000 and broader market concerns about cryptocurrency and AI data center investments.

11/13/2025, 6:23 PM • The Motley Fool

Why Canaan Stock Popped Today

Canaan, a cryptocurrency mining and equipment company, saw its stock rise over 16% due to a broad cryptocurrency market rally and a strategic $72 million investment from three institutional investors.

11/05/2025, 7:32 PM • The Motley Fool

Why Canaan Stock Dived by 9% on Monday

Canaan's stock dropped over 9% due to cryptocurrency market volatility, macroeconomic uncertainties, and potential shifts in AI and data center investments.

11/03/2025, 5:29 PM • The Motley Fool

Look Out Below: Bitcoin Mining Stock Canaan Just Dropped 16%. Here's Why.

Canaan, a Bitcoin mining equipment manufacturer, experienced a 16% stock drop due to weak financial fundamentals, ongoing market volatility, and uncertain profitability projections.

10/28/2025, 3:08 PM • The Motley Fool

Bitcoin Hits New Highs; Fed Prepares To Speak; Shutdown May Silence Key Jobs Data

Bitcoin reached a new all-time high of $125,750, signaling growing optimism in digital assets. The Federal Reserve will release minutes and Powell will speak, while a potential government shutdown might disrupt jobs data reporting.

10/06/2025, 10:35 AM • Benzinga

Why Hut 8 Stock Was Blasting Higher This Week

Hut 8's stock rose by 18% due to Bitcoin's price increase and a large mining rig order from Canaan, signaling positive market sentiment for cryptocurrency mining.

10/03/2025, 4:19 PM • The Motley Fool

Why Mara Holdings Stock Was Soaring This Week

Mara Holdings experienced a significant stock price increase of nearly 17% due to rising Bitcoin value and a large hardware order in the crypto mining industry, driven by potential Federal Reserve rate cuts.

10/03/2025, 9:25 AM • The Motley Fool

Why Cipher Mining Stock Trounced the Market Today

Canaan received a massive order for over 50,000 Avalon A15 mining rigs, signaling strong demand for Bitcoin mining equipment. The order positively impacted Cipher Mining's stock, which rose nearly 10% during trading.

10/02/2025, 6:28 PM • The Motley Fool

Market This week: Fed Speakers, A Looming government Shutdown - And A Packed Jobs Calendar

This week features significant market uncertainty with multiple Fed speakers, potential government shutdown risks, and critical jobs data that could impact market sentiment and Federal Reserve policy decisions.

09/29/2025, 9:15 AM • Benzinga

Canaan Reports Record Q2 Profit Growth

Canaan reported Q2 2025 revenue of $100.2 million, up 40% year-over-year, with record adjusted EBITDA of $25.3 million. The company expanded U.S. manufacturing, saw significant growth in home miners, and provided Q3 revenue guidance of $125-$145 million.

08/14/2025, 2:02 PM • The Motley Fool

Dataprana Announces Official Launch of 30MW Immersion-Cooled Data Center in La Marque, Texas

Dataprana has launched a 30MW immersion-cooled data center in La Marque, Texas, supporting digital asset mining operations with 1,280 Whatsminer M66S units across 10 Intelliflex pods, marking a significant milestone in their infrastructure development.

07/22/2025, 7:00 AM • GlobeNewswire

BTCMiner Integrates Industry-Leading ASIC and GPU Mining Equipment to Power Next-Gen Cloud Mining

BTCMiner, a cryptocurrency mining company, has integrated industry-leading mining hardware from Bitmain, Canaan, and Nvidia into its cloud-based platform, offering more efficient, stable, and sustainable mining performance to its global user base.

06/23/2025, 12:00 PM • GlobeNewswire

Peers

Statistics

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Day Range
$0.33
$0.38
$0.35
1-Year Range
$0.32
$2.05
$0.35
Latest Close$0.35
Change
+$0.02 (+6.36%)
Volume12,801,536
Market Cap$254.3M
Shares Outstanding724.7M
P/E (TTM)-0.12
Diluted EPS (TTM)-$2.99
Enterprise Value$225.8M

Information as of 06/22/2026

Company Profile

$254.3M
Market Cap
-$210.3M
Net Income
Sector: Technology
Industry: Computer Hardware
28 Ayer Rajah Crescent #06-08, Singapore, Singapore, 139959
65 6305 6618

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.

Key Executives

  • Liang Wang
  • James Jin Cheng
  • Zhang Xi
  • Lu Meng
  • Gwyn Lauber

Current Ownership Distribution

  • Mutual Funds14.6B (93.31%)
  • Institutions1.0B (6.66%)
  • Insiders3.6M (0.02%)
  • Other0 (0.00%)