Canaan Inc.
CANTechnologyNASDAQComputer Hardware · Last scanned Oct 26, 2026
Scan Results
Daily timeframePart of the technology sector, Canaan Inc. (CAN) is listed under Computer Hardware. The $158.8M market capitalization puts CAN squarely in micro-cap range for its industry. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business.
Market Cap
$158.8M
Beta
2.64
P/E (TTM)
—
P/E (Fwd)
-1.32
EPS (TTM)
$-0.45
EPS (Fwd)
$-0.17
ROE
-97.1%
ROA
-18.4%
Cash
$68.3M
Total Debt
$70.7M
Free CF
-$71.8M
52W Change
-87.5%
Annual Financials
Cash vs Debt
Where CAN stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, CAN finished 36.11% below its 150-day moving average ($0.36) and 46.51% below its 200-day moving average ($0.43). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is CAN overbought or oversold?
At the October 20, 2026 close, CAN's RSI(14) was 9.3, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
On the balance sheet, CAN has $68.3M in cash with $70.7M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$71.8M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -97.1%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has been uneven over recent years, ranging from $651.5M to $529.7M.
Canaan Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Canaan Inc. and its sector.