CAN

Canaan Inc. American Depositary Shares (CAN)

Stock · NASDAQ · Finance

$0.2314as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

September 28, 2026

Canaan Uses Crypto Sales to Fund Share Buybacks. Canaan Inc. has sold cryptocurrency assets to finance its stock buyback program. This move aims to support the share price amid reported weak demand for its mining equipment. The company is attempting to offset operational headwinds through capital allocation strategies rather than product demand.

Active signals

Resistance level
$0.336537
Industry
Finance: Consumer Services

What CAN's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Volume Spike41-10.8%37%
Bollinger Band Breakdown17-9.6%47%
Bollinger Band Breakout16-0.3%44%
200-Day Moving Average TouchActive now7-19.2%14%
Any 20-session window (baseline)-5.8%39%

Computed by MarketWall from daily closing prices since May 18, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About CAN

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, Can…

Sector
Finance
Industry
Finance: Consumer Services
Employees
399

Fundamentals

1-day range
$0.221$0.2555
Market cap
$149.68M
P/E (trailing)
—
P/E (forward)
-1.40
EPS (trailing)
$-0.03
Dividend yield
—
Beta
2.54
Avg. volume
15.53M
52-week range
$0.1516$2.22
Next earnings: November 17, 2026 · EPS estimate $-0.07confirmed

Forecasts

6 analyst ratings

Buy 82%
Hold 18%
Sell 0%
1-year price forecast
High
$2.1
+807.5%
Median
$1.25
+440.2%
Low
$0.75
+224.1%

Canaan Inc. American Depositary Shares Competitors

Chosen by industry and closest market cap.

  • CAN
    Canaan Inc. American Depositary Shares
    $0.232
    ▼ 7.94%
    Market cap $149.68MP/E —
    $0.1516$2.22
  • BRR
    ProCap Financial Inc. Common Stock
    $4.07
    ▲ 4.09%
    Market cap $154.88MP/E —
    $1.31$10.57
  • BMHL
    Bluemount Holdings Limited Class B Ordinary Shares
    $3.62
    ▲ 1.09%
    Market cap $143.93MP/E 70.77
    $2.72$6.35
  • USDE
    StablecoinX Inc. Class A Common Stock
    $10.71
    ▼ 6.46%
    Market cap $141.64MP/E —
    $1.33$14.19
  • EXOD
    Exodus Movement Inc. Class A Common Stock
    $5.22
    ▼ 13.58%
    Market cap $159.97MP/E —
    $4.57$28.48
  • TONX
    TON Strategy Company Common Stock
    $2.68
    ▼ 2.55%
    Market cap $160.55MP/E —
    $1.75$4.44
  • GHI
    Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of limited partnership interests
    $4.97
    ▲ 0.40%
    Market cap $136.19MP/E —
    $4.71$10.07

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
500.0K
Disposed
0
  • Zhang Nangeng · June 18, 2026 · Buy
    250.0K @ $0.33
  • Zhang Nangeng · June 17, 2026 · Buy
    250.0K @ $0.34

Institutional Ownership

March 31, 2026

Total shares held
147.42M
Total value held
$63.07M
Institutional holders
81
Top holders this quarter
  • Unknown39.87M
  • Unknown28.56M
  • Unknown14.50M
  • Unknown11.75M
  • Unknown8.64M
  • Unknown8.06M
  • Unknown4.60M
  • Unknown4.53M
  • Unknown4.34M
  • Unknown4.10M

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