$1.97 8.2%
CAN Stock Price vs. AI Score
Data gathered: November 23

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AI Stock Analysis - Canaan (CAN)

Analysis generated November 21, 2024. Powered by Chat GPT.

Canaan Inc. is a company involved in the design and manufacturing of blockchain technology and AI solutions. Known for its high-performance computing solutions, Canaan is a key player in the cryptocurrency mining hardware sector, providing equipment such as ASIC mining machines. The company's strategic focus on both blockchain technology and AI innovations gives it a unique position in the market, combining the growth potential of emerging technologies with robust hardware solutions.

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Stock Alerts - Canaan (CAN)

company logo Canaan | November 22
Price is up by 6% in the last 24h.
company logo Canaan | November 21
Price is up by 10.2% in the last 24h.
company logo Canaan | November 20
Price is down by -5% in the last 24h.
company logo Canaan | November 19
AI Score is up by 35.5% in the last couple of days.

About Canaan

Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People’s Republic of China.


Canaan
Price $1.97
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Volume 18,930,000
Market Cap $434M
Year Range $0.75 - $1.97
Dividend Yield 0%
Analyst Rating 100% buy
Industry Computer Hardware

In the news


Financial performance View All

Revenue Cost of Revenue Gross Profit Net Income ebitda EPS
Q3 '2474M95M-22M-76M0
Q2 '2472M91M-19M-42M-38M-0.010
Q1 '2472M91M-19M-42M-40M-0.159
Q4 '2335M72M-37M-39M-53M-0.550
Q3 '23105M206M-102M-224M-72M-0.470

Insider Transactions View All

No recorded Insider transactions.

What is the Market Cap of Canaan?

The Market Cap of Canaan is $434M.

What is the current stock price of Canaan?

Currently, the price of one share of Canaan stock is $1.97.

How can I analyze the CAN stock price chart for investment decisions?

The CAN stock price chart above provides a comprehensive visual representation of Canaan's stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Canaan shares. Our platform offers an up-to-date CAN stock price chart, along with technical data analysis and alternative data insights.

Does CAN offer dividends to its shareholders?

As of our latest update, Canaan (CAN) does not offer dividends to its shareholders. Investors interested in Canaan should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.

What are some of the similar stocks of Canaan?

Some of the similar stocks of Canaan are Apple, HP, Sony, Teradata, and 3D Systems.

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The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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