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Insights for Canaan Inc.
NASDAQ: CAN
06 - Growing & Well-Funded but Loss-Making
Sector: AI, Data, Crypto, Semiconductors & Tech Infra
Industry: Cryptocurrency & Blockchain Tech
Based on PEG Ratio: Unknown
Today's Price
updated on: 		0.6073 (-3.95%)
Open 0.63 (-3.6%)
High (Upside %) 0.63 (3.74%)
Low (Downside %) 0.5901 (2.91%)
P. Close 0.6323 (-3.95%)
Open-High % 0.0%
Open-Low % 6.33%
Low-High % 6.76%
Previous Data

CAN is a Stock listed in the US on the NASDAQ under the ticker 'CAN'

Company Summary

Business Units or Product Lines

Canaan Inc. operates primarily in the design and sale of integrated circuits related to blockchain technology, with its main product being ASICs for cryptocurrency mining. They also have ventured into AI chip development and related applications.

Business Models for Each Product Line

Canaan generates revenue primarily from the sale of ASIC hardware for cryptocurrency mining. Major expenses include R&D for chip development, production costs, and marketing expenses to expand market reach. AI development represents an emerging revenue stream but currently is in initial stages.

Future Opportunities for Growth

Expanding AI chip capabilities presents a significant growth opportunity, allowing diversification beyond cryptocurrency. They are also exploring entering broader tech fields like edge computing, which could open new revenue channels.

Potential Major Risks

Dependency on the volatile cryptocurrency market poses a significant risk, as does global competition in chip manufacturing. Regulatory changes affecting cryptocurrency can also impact demand for their products. Supply chain disruptions and increases in semiconductor production costs are additional risks.

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Also read: https://finance.yahoo.com/CAN/profile

Basic Stats
Revenue Quarterly Revenue Growth Market Cap-Display EBITDA-Display EBITDA-Actual Market Cap-Actual Market Cap Enterprise Value-Display Enterprise Value-Actual Enterprise Value Forward P/E Price/Sales Price/Book Enterprise Value/Revenue Enterprise Value/EBITDA Profit Margin Operating Margin Return on Assets Return on Equity Revenue-Display Revenue-Actual EBITDA Diluted EPS Total Cash-Display Total Cash-Actual Total Cash Total Debt-Display Total Debt-Actual Total Debt Total Debt/Equity Current Ratio Operating Cash Flow-Display Operating Cash Flow-Actual Operating Cash Flow Levered Free Cash Flow-Display Levered Free Cash Flow-Actual Levered Free Cash Flow % Held by Insiders % Held by Institutions
0.27 80.9% 330.0 mn -190.0 mn -194626000.0 333395424.0 0.33 3.59 B 3588652544.0 3.59 -6.61 1.24 0.92 13.32 -18.44 -92.73% -66.25% -29.15% -81.29% 270.0 mn 269324000.0 -0.19 -0.92 100.0 mn 98638000.0 0.1 30.0 mn 26875000.0 0.03 0.1009 1.87 -200.0 mn -199262000.0 -0.2 -40.0 mn -42694876.0 -0.04 0.0% 22.23%

source:https://finance.yahoo.com/CAN/key-statistics

Reading Information

source:https://finance.yahoo.com/CAN/key-statistics

source:https://www.google.com/finance/quote/CAN:NASDAQ

source:https://finance.yahoo.com/CAN/analysis

source:https://finance.yahoo.com/CAN/fair-value

source:https://www.nasdaq.com/market-activity/stocks/CAN/price-earnings-peg-ratios

Upside-Downside Spread
Key Weighted 5D 1M 3M 6M 1Y 3Y 10Y
Upside % (high) 234.98% 20.22% (0.7301) 52.31% (0.925) 148.64% (1.51) 438.45% (3.27) 438.45% (3.27) 647.57% (4.54) 6338.33% (39.1)
Downside % (low) 6.39% -3.15% (0.6264) 11.95% (0.5347) 11.95% (0.5347) 11.95% (0.5347) 11.95% (0.5347) 11.95% (0.5347) 11.95% (0.5347)
Spread % 228.59% 23.37% 40.36% 136.69% 426.49% 426.49% 635.62% 6326.38%

CAN's price used for computing the stats is 0.6073 as on date

Cumulative Return Percent
Key Today 5D 2W 1M 3M 6M 1Y 3Y 10Y
Last Price-Trend PrevClose -3.95% -11.16% -27.23% -24.15% -60.82% -58.97% -42.16% -81.02%
Last Price 0.6073 0.6073 0.6073 0.6073 0.6073 0.6073 0.6073 0.6073 0.6073
Trend-Previous Close 0.6323 0.6836 0.8345 0.8007 1.55 1.48 1.05 3.2 None

CAN's symbol cumulative return percent is computed basis data from date

Return Velocity
5D 2W 1M 3M 6M 1Y
5D window
Metric Mean Median Stdev
Overall -15.14% 0.65 -15.7% 0.64 4.61% 0.59 0.7
Up 2.22% 0.78 0.0% 0.76 3.4% 0.74 0.82
Down -17.61% 0.63 -18.08% 0.62 4.69% 0.57 0.68
5D Opportunity: BUY-APPROACHING
returns: -20.36% (-24.65%), p.close: 0.7626
entry: 0.57, exit: 0.59, min.ret: 3.46%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -2.85% 0.74 -10.87% 0.68 18.85% 0.53 0.96
Up 11.79% 0.85 4.79% 0.8 16.77% 0.66 1.04
Down -11.02% 0.68 -11.97% 0.67 8.72% 0.58 0.78
5D Opportunity: BUY-APPROACHING
returns: -20.36% (-24.1%), p.close: 0.7626
entry: 0.58, exit: 0.53, min.ret: -9.26%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.13% 0.75 -9.69% 0.69 20.58% 0.52 0.99
Up 11.4% 0.85 4.62% 0.8 15.67% 0.67 1.03
Down -11.03% 0.68 -13.14% 0.66 8.29% 0.58 0.77
5D Opportunity: BUY-APPROACHING
returns: -20.36% (-23.47%), p.close: 0.7626
entry: 0.58, exit: 0.52, min.ret: -11.14%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -5.95% 0.72 -7.58% 0.7 15.0% 0.55 0.89
Up 6.33% 0.81 2.29% 0.78 10.43% 0.69 0.93
Down -11.91% 0.67 -12.36% 0.67 7.66% 0.58 0.76
5D Opportunity: BUY-APPROACHING
returns: -20.36% (-23.39%), p.close: 0.7626
entry: 0.58, exit: 0.55, min.ret: -6.61%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.83% 0.75 -4.11% 0.73 15.9% 0.57 0.93
Up 8.89% 0.83 3.67% 0.79 12.03% 0.69 0.97
Down -10.0% 0.69 -9.08% 0.69 8.01% 0.59 0.78
5D Opportunity: BUY-APPROACHING
returns: -20.36% (-22.01%), p.close: 0.7626
entry: 0.59, exit: 0.57, min.ret: -4.72%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall 0.0% 0.76 -1.89% 0.75 14.17% 0.6 0.92
Up 8.58% 0.83 3.98% 0.79 11.04% 0.7 0.95
Down -7.77% 0.7 -6.5% 0.71 7.15% 0.62 0.79
5D Opportunity: BUY-ACTIVE
returns: -20.36% (-18.5%), p.close: 0.7626
entry: 0.62, exit: 0.6, min.ret: -3.37%
Using: 5D trend, 0 Days Left
2W window
Metric Mean Median Stdev
Overall 6.68% 0.94 12.03% 0.99 19.43% 0.68 1.2
Up 27.71% 1.13 27.93% 1.13 16.16% 0.91 1.34
Down -11.22% 0.78 -13.14% 0.77 10.08% 0.65 0.92
2W Opportunity: BUY-ACTIVE
returns: -31.18% (-26.34%), p.close: 0.8825
entry: 0.65, exit: 0.68, min.ret: 5.27%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall 0.74% 0.89 1.32% 0.89 16.79% 0.67 1.11
Up 19.15% 1.05 18.44% 1.05 14.4% 0.86 1.24
Down -13.1% 0.77 -13.14% 0.77 10.22% 0.63 0.9
2W Opportunity: BUY-ACTIVE
returns: -31.18% (-28.43%), p.close: 0.8825
entry: 0.63, exit: 0.67, min.ret: 5.58%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -11.26% 0.78 -16.08% 0.74 16.44% 0.57 1.0
Up 8.59% 0.96 3.64% 0.91 11.9% 0.8 1.12
Down -18.64% 0.72 -19.49% 0.71 9.75% 0.59 0.85
2W Opportunity: BUY-APPROACHING
returns: -31.18% (-33.26%), p.close: 0.8825
entry: 0.59, exit: 0.57, min.ret: -3.98%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall -2.4% 0.86 -9.39% 0.8 22.56% 0.56 1.16
Up 14.73% 1.01 6.71% 0.94 17.5% 0.78 1.24
Down -14.82% 0.75 -14.48% 0.75 10.32% 0.62 0.89
2W Opportunity: BUY-ACTIVE
returns: -31.18% (-30.3%), p.close: 0.8825
entry: 0.62, exit: 0.56, min.ret: -8.52%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall 0.42% 0.89 -1.91% 0.87 19.76% 0.62 1.15
Up 14.07% 1.01 7.9% 0.95 15.67% 0.8 1.21
Down -11.08% 0.78 -9.19% 0.8 9.5% 0.66 0.91
2W Opportunity: BUY-ACTIVE
returns: -31.18% (-25.34%), p.close: 0.8825
entry: 0.66, exit: 0.62, min.ret: -5.21%
Using: 2W trend, 0 Days Left
1M window
Metric Mean Median Stdev
Overall -6.22% 0.78 -14.17% 0.71 17.98% 0.56 1.01
Up 13.02% 0.94 10.83% 0.92 11.21% 0.8 1.08
Down -21.36% 0.66 -21.45% 0.65 6.64% 0.57 0.74
1M Opportunity: BUY-APPROACHING
returns: -27.09% (-31.32%), p.close: 0.833
entry: 0.57, exit: 0.56, min.ret: -2.73%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall -25.71% 0.62 -31.07% 0.57 18.12% 0.39 0.85
Up 6.8% 0.89 2.98% 0.86 8.66% 0.78 1.0
Down -32.79% 0.56 -34.66% 0.54 9.92% 0.44 0.68
1M Opportunity:
returns: -27.09% (-47.67%), p.close: 0.833
entry: 0.44, exit: 0.39, min.ret: -9.98%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.29% 0.83 -16.12% 0.7 43.73% 0.28 1.38
Up 28.32% 1.07 9.2% 0.91 36.94% 0.61 1.53
Down -22.69% 0.64 -23.97% 0.63 15.15% 0.45 0.83
1M Opportunity: BUY-APPROACHING
returns: -27.09% (-45.42%), p.close: 0.833
entry: 0.45, exit: 0.28, min.ret: -37.49%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall 2.29% 0.85 -1.83% 0.82 33.84% 0.43 1.27
Up 24.33% 1.04 15.85% 0.97 29.03% 0.67 1.4
Down -16.14% 0.7 -11.51% 0.74 14.01% 0.52 0.87
1M Opportunity: BUY-APPROACHING
returns: -27.09% (-37.15%), p.close: 0.833
entry: 0.52, exit: 0.43, min.ret: -18.01%
Using: 1M trend, 0 Days Left

CAN's symbol current price is 0.61 (-7.8%) as on . Yesterday's close was 0.6587. It's return velocities are computed basis data from date .

Associated Tags