profit from every $100 of sales.
$0$100
Canaan
$0.18+10.04% today
-83.8% in 1 year
1-year low $0.161-year high $1.11
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Canaan sold, what it kept, and what it did with the cash.
Sales went from $652 million in 2022 to $530 million in 2025, with -$210 million of profit last year.
SalesProfit
Canaan vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Canaan | No profit yet | ||
 Arista Networks | 70.8× · Very expensive | ||
 Dell Technologies | 40.0× · Expensive | ||
 Sandisk | 12.2× · Cheap | ||
 Seagate Technology Holdings | 39.8× · Expensive |
AI analysis
An AI analyst reads Canaan's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 652 | 211 | 269 | 530 | |
| 230 | -241 | -84 | 41 | |
| 51 | -385 | -223 | -104 | |
| 122 | -406 | -143 | -158 | |
| 70 | -414 | -250 | -210 | |
| 0.56 | -2.41 | -0.92 | -0.45 | |
| 35.3% | -113.9% | -31.3% | 7.8% | |
| 7.8% | -182.1% | -82.8% | -19.6% | |
| 10.7% | -195.8% | -92.7% | -39.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 685 | 493 | 463 | 603 |
| Cash | 102 | 96 | 96 | 81 |
| Total debt | 4 | 1 | 95 | 55 |
| Total liabilities | 77 | 145 | 197 | 166 |
| 608 | 348 | 266 | 437 | |
| 172 | 172 | 271 | 469 | |
| 11.4% | -105.2% | -37.6% | -33.0% | |
| 11.5% | -118.9% | -93.8% | -48.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -183 | -124 | -199 | -271 | |
| 18 | 3 | 19 | 37 | |
| -200 | -127 | -219 | -308 | |
| Dividends paid | – | – | – | – |
| 37 | 0 | 0 | 5 | |
| 63 | 42 | 31 | 23 |
Valuation
- –
- –
- –
- 0.7×
- 0.3×
- –
- –
- -230.0%
- -156.9%
- 0.0%
Profitability
- 7.8%
- -19.6%
- -39.7%
- -17.3%
- -22.1%
- -32.5%
- -60.7%
- -34.9%
- -23.5%
- 11.9%
Growth
- −6.7%
- –
- +100.0%
- –
- +28.5%
Financial health
- -0.2×
- 0.13
- 9.1%
- -56.4×
- 3.31
- 1.93
- 0.88
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 4%of 974
Bottom 7%of 975
Bottom 9%of 982
What analysts expect
- Average price target
- $2.25
- Range
- $1.50 – $3.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 19, 2026 | -0.02 | -0.07 | +74.1% |
| Feb 10, 2026 | -0.13 | -0.06 | −116.7% |
| Nov 18, 2025 | -0.05 | -0.06 | +16.7% |
| Aug 14, 2025 | -0.03 | -0.13 | +76.9% |
| May 20, 2025 | -1.79 | -0.15 | −1,093.3% |
| Nov 20, 2024 | -0.27 | -0.05 | −440.0% |
| Aug 15, 2024 | -0.15 | -0.30 | +50.0% |
| May 17, 2024 | -0.16 | -0.60 | +73.3% |
News
NBIS Retreats After CoreWeave Rally Ahead Of Q3 Report: Analyst Says Market Can’t ‘Squeeze Out’ Top Players Amid Record Cloud DemandYahoo Finance · Nov 12, 2026Your holiday credit-card bills are going up. What you can do to ease the pain.MarketWatch · Nov 11, 2026AI Selloff Sends Berkshire to Its Biggest S&P 500 Lead Since 2010: Can It Last?Yahoo Finance · Nov 11, 2026My friend hates her job but shuts down when I give her advice. How can I help her?MarketWatch · Nov 11, 2026History Says Dividend ETFs Can Protect Your Portfolio if a Stock Market Slump Is ComingYahoo Finance · Nov 11, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
30No pass
Benjamin Graham
74Pass
Philip Fisher
23No pass
Peter Lynch
27No pass
Joel Greenblatt
0No pass
Charlie Munger
22No pass
Terry Smith
16No pass
Questions about Canaan
Is Canaan a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Canaan AI analysis
What does Canaan do?
Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. It focuses on the development of green mining. It is in Computer Hardware.
Does Canaan pay a dividend?
No. Canaan does not pay a dividend at the moment; in 2025 it returned $5.00 million to shareholders by buying back its own shares.
Is Canaan stock halal?
No. Canaan does not pass our halal screen: its debt is 41% of its market value, at or above the 33% limit. How we check
How has Canaan stock done over the past year?
Down 83.8% over the past twelve months, to $0.18. It traded between $0.16 and $1.11 and is 83.8% below its high.
Who are Canaan's competitors?
The largest listed companies in the same industry are Arista Networks, Dell Technologies, Sandisk and Seagate Technology Holdings. The peers table on this page compares their profit, growth and price with Canaan's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.