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Canaan Inc.

CANTechnologyNASDAQ

Computer Hardware · Last scanned May 29, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$529.7M
+96.7% YoY
Net Income
-$210.3M
+15.8% YoY
EBITDA
-$158.0M
-10.2% YoY

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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. At a $306.8M market cap, Canaan Inc. ranks as a small-cap company within technology. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business.

Key stats
Market Cap$306.8M
Fwd P/E-1.83
EPS$-0.31
Beta2.66
52W Change-32.1%
ROE-67.9%
Analysis

The company holds $43.5M in cash, though total debt stands at $56.6M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Return on equity stands at -67.9%, 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. No single metric tells the full story. Reviewing CAN's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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