Canaan Inc - ADR Stock

$2.23

2.62% day before yesterday

Nasdaq, Dec 27, 10:17 pm CET

ISIN

US1347481020

Symbol

CAN

Reports

Quarter | Annual

Index

NASDAQ Composite, NASDAQ Golden Dragon China Index

Sector

Technology

Industry

Semiconductors

Overview Dividends Analysts Charts News Strategies

Canaan Inc - ADR Stock price

$2.23

-3.40 60.39% 5Y

Nasdaq, Closing price Fri, Dec 27 2024

-0.06 2.62%

ISIN

US1347481020

Symbol

CAN

Reports

Quarter | Annual

Index

NASDAQ Composite, NASDAQ Golden Dragon China Index

Sector

Technology

Industry

Semiconductors

Key metrics

Market capitalization	$610.44m
Enterprise Value	$565.67m
P/E (TTM) P/E ratio	negative
EV/Sales (TTM) EV/Sales	2.46
P/S ratio (TTM) P/S ratio	2.66
P/B ratio (TTM) P/B ratio	2.04
Revenue growth (TTM) Revenue growth	5.59%
Revenue (TTM) Revenue	$229.63m
EBIT (operating result TTM) EBIT	$-257.80m
Cash position	$71.78m
EPS (TTM) EPS	$-1.35
P/E forward	negative
P/S forward	2.34
EV/Sales forward	2.17
Short interest	8.79%

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Canaan Inc - ADR Stock Analysis

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4 Analysts have issued a Canaan Inc - ADR forecast:

4x Buy

100%

More details on Analyst Estimates Including Price Targets

4 Analysts have issued a Canaan Inc - ADR forecast:

Buy

100%

Analyst Estimates with Stock Price Targets

Financial data from Canaan Inc - ADR

Income Statement P&L | Balance Sheet | Cash Flow

Quarter TTM Annually

Sep '24		+/- %
Revenue	230 230	6% 6% 100%
- Direct Costs	367 367	16% 16% 160%
Gross Profit	-137 -137	37% 37% -60%
- Selling and Administrative Expenses	-	-
- Research and Development Expense	55 55	35% 35% 24%
EBITDA	-178 -178	- -78%
- Depreciation and Amortization	80 80	- 35%
EBIT (Operating Income) EBIT	-258 -258	36% 36% -112%
Net Profit	-296 -296	12% 12% -129%

In millions USD.

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Canaan Inc - ADR Stock News

Neutral

PRNewsWire

●

16 days ago

Canaan Inc. Signs Agreement with AGM Group Holdings Inc.

Provides 2000 A15 Hydro Bitcoin mining machines in initial order Continues global expansion with addition of new customer SINGAPORE , Dec. 12, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. ("CCG"), a wholly owned Singapore subsidiary of the Company, has en...

Neutral

PRNewsWire

●

27 days ago

Canaan Inc. to Participate in Upcoming Investor Conferences

SINGAPORE , Dec. 2, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that the Company will participate in the following investor conferences in December 2024. Canaan's management plans to host one-on-one meetings with institutional investors at the conferences.

Neutral

Accesswire

●

about one month ago

Theralase(R) Release's 3Q2024 Financial Statements

TORONTO, ON / ACCESSWIRE / November 27, 2024 / Theralase® Technologies Inc. (" Theralase® " or the " Company ") (TSXV:TLT)(OTCQB:TLTFF), a clinical stage pharmaceutical company dedicated to the research and development of light, radiation, sound and drug-activated small molecules and their formulations, intended for the safe and effective destruction of various cancers, bacteria and viruses has...

More Canaan Inc - ADR News

Company Profile

Canaan, Inc. designs and sells integrated circuits. It offers Kendryte AI and Avalon Miner products. The firm is a developer of supercomputing chips and the manufacturer of digital block chain computing equipment as well as the supplier of overall scheme for computer software and hardware of digital block chain. The company was founded by Li Jiaxuan, Liu Xiangfu and Zhang Nangeng in 2013 and is headquartered in Hangzhou, China.

Head office	Cayman Islands
CEO	Nan Zhang
Employees	445
Founded	2013
Website	www.canaan.io

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