(CAN) Canaan - Ratings and Ratios
Exchange: NASDAQ • Country: Singapore • Currency: USD • Type: Common Stock • ISIN: US1347481020
CAN: Integrated Circuits, Mining Equipment, Artificial Intelligence Products
Canaan Inc. (NASDAQ:CAN) is a Singapore-based company specializing in the design, research, and sale of integrated circuits (ICs) and bitcoin mining equipment. The firm integrates its IC products into final mining hardware for bitcoin mining and related components, primarily operating in the Peoples Republic of China. Beyond hardware, Canaan engages in the assembly and distribution of mining equipment, spare parts, and artificial intelligence (AI) products. The company also participates in mining operations directly. With a global footprint, Canaan operates in the United States, Australia, Kazakhstan, Canada, Indonesia, Malaysia, Thailand, Cyprus, and other international markets. Founded in 2013, Canaan has established itself as a key player in the cryptocurrency mining industry, leveraging its semiconductor expertise to develop high-performance mining solutions. The companys product portfolio includes the AvalonMiner series, which is widely recognized for its efficiency and reliability in bitcoin mining. Canaan has also expanded into AI-related products, diversifying its revenue streams beyond traditional mining hardware.
Over the next three months, Canaan Inc. (NASDAQ:CAN) is expected to face headwinds due to its current technical and fundamental profile. The stock is trading below its 20-day and 50-day moving averages (SMA 20: 1.75, SMA 50: 2.02), indicating a downtrend. The 200-day moving average (SMA 200: 1.40) suggests the stock is trading sideways over the longer term. With an Average True Range (ATR) of 0.20, volatility is moderate, but the stocks last price of $1.28 reflects ongoing weakness. Fundamentally, the companys price-to-book (P/B) ratio of 1.63 indicates that the market values the company slightly above its book value, but the negative return on equity (RoE: -62.91) signals significant profitability challenges. The forward P/E of 2.15 suggests limited upside potential, while the P/S ratio of 2.10 reflects a premium valuation relative to its sales. Given these factors, Canaans stock is likely to remain under pressure in the near term, with potential stabilization near the SMA 200 level of 1.40. Investors should monitor the companys ability to improve profitability and navigate the competitive semiconductor and cryptocurrency mining landscapes.
Additional Sources for CAN Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
CAN Stock Overview
Market Cap in USD | 434m |
Sector | Technology |
Industry | Computer Hardware |
GiC Sub-Industry | Semiconductors |
IPO / Inception | 2019-11-20 |
CAN Stock Ratings
Growth 5y | -43.0% |
Fundamental | -71.9% |
Dividend | 0.0% |
Rel. Strength Industry | -15.7 |
Analysts | 4.75/5 |
Fair Price Momentum | 0.84 USD |
Fair Price DCF | - |
CAN Dividends
No Dividends PaidCAN Growth Ratios
Growth Correlation 3m | -93.2% |
Growth Correlation 12m | 51.5% |
Growth Correlation 5y | -66.3% |
CAGR 5y | -17.34% |
CAGR/Max DD 5y | -0.18 |
Sharpe Ratio 12m | -0.25 |
Alpha | -32.54 |
Beta | 2.42 |
Volatility | 104.93% |
Current Volume | 8150.8k |
Average Volume 20d | 11416.4k |
As of March 15, 2025, the stock is trading at USD 1.11 with a total of 8,150,798 shares traded.
Over the past week, the price has changed by -12.60%, over one month by -37.99%, over three months by -64.08% and over the past year by -12.60%.
No, based on ValueRay Fundamental Analyses, Canaan (NASDAQ:CAN) is currently (March 2025) a stock to sell. It has a ValueRay Fundamental Rating of -71.86 and therefor a negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CAN as of March 2025 is 0.84. This means that CAN is currently overvalued and has a potential downside of -24.32%.
Canaan has received a consensus analysts rating of 4.75. Therefor, it is recommend to buy CAN.
- Strong Buy: 3
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, CAN Canaan will be worth about 1 in March 2026. The stock is currently trading at 1.11. This means that the stock has a potential downside of -11.71%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 2.5 | 123.4% |
Analysts Target Price | 2.5 | 123.4% |
ValueRay Target Price | 1 | -11.7% |