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Canaan (CAN)

Company Profile

Company profile

Ticker

CAN

Exchange

Website

investor.canaan-creative.com

CEO

Mr. Nangeng Zhang

Incorporated

Location

Fiscal year end

Sector

Manufacturing > Computer Terminal and Other Computer Peripheral Equipment Manufacturing

Industry (SIC)

Finance Services

Synchrony Financial • General Motors Financial • American Express • loanDepot • SoFi • Coinbase Global • Burford Capital Limited • Beneficient • Qudian • LexinFintech ...

Former names

resTORbio, Inc.

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

CAN stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

Canaan Inc. Announces February 2025 Bitcoin Production, Mining Operation Updates, and Preliminary Fourth Quarter 2024 Financial Results

Automatic shelf registration (foreign)

Canaan Inc. Announces January 2025 Bitcoin Production and Mining Operation Updates

Canaan Inc. Announces December 2024 Bitcoin Production and Mining Operation Updates and Provides FY2025 Financial Guidance

Canaan Inc. Secures A15XP Order from New United States Customer

Current report (foreign)

Prospectus supplement for primary offering

Current report (foreign)

Index to Consolidated Financial Statements

Current report (foreign)

Transcripts

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Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

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Streeterville Capital LLC

Notice of proposed sale of securities

Streeterville Capital LLC

HK Jiaji Science & Technology Ltd

Financial summary

Financial statements Chart CAN financial data

Quarter (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Canaan earnings reports.

Institutional ownership, Q4 2024

CAN institutional ownership history Ownership history

21.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	103	76	+35.5%
Opened positions	41	10	+310.0%
Closed positions	14	11	+27.3%
Increased positions	24	24	–
Reduced positions	21	18	+16.7%

13F shares	Current	Prev Q	Change
Total value	122.27 bn	43.26 bn	+182.6%
Total shares	881.84 mm	1.11 bn	-20.8%
Total puts	1.02 mm	680.10 k	+49.4%
Total calls	2.38 mm	986.50 k	+141.1%
Total put/call ratio	0.4	0.7	-38.0%

Largest owners	Shares	Value	Change
Zhang Nangeng	311.62 mm	$694.92 mm	0.0%
Li Jiaxuan	179.97 mm	$926.85 mm	0.0%
Liu Xiangfu	138.11 mm	$819.01 mm	0.0%
Li Enguang	93.90 mm	$556.84 mm	0.0%
Kong Jianping	48.91 mm	$290.06 mm	0.0%
HK Jiaji Science & Technology	24.08 mm	$123.99 mm	0.0%
Van Eck Associates	10.37 mm	$21.26 mm	+12.9%
Vanguard	8.76 mm	$17.96 bn	+2.6%
Streeterville Capital	8.00 mm	$8.16 mm	-97.0%
Acadian Asset Management	7.34 mm	$15.04 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Streeterville Capital	8.00 mm	-255.29 mm	-97.0%
Acadian Asset Management	7.34 mm	+7.34 mm	NEW
STT State Street	4.32 mm	-4.79 mm	-52.5%
Toroso Investments	4.68 mm	+4.68 mm	NEW
Vident Advisory	4.31 mm	+4.13 mm	+2306.4%
MIRAE ASSET GLOBAL ETFS	3.42 mm	-3.31 mm	-49.2%
Marshall Wace	2.61 mm	+2.61 mm	NEW
SG Americas Securities	0.00	-2.02 mm	EXIT
Renaissance Technologies	1.80 mm	+1.80 mm	NEW
Millennium Management	2.81 mm	+1.64 mm	+139.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

News

From Benzinga Pro

Canaan Expects Q4 Preliminary Total Revenue Of $89M, Exceeding Previous Guidance Of $80M (Est $79.586M)

Furthermore, it anticipates a narrowed gross loss between $10 million and $6 million, reflecting improved market demand and cost optimizations.

Rosenblatt Maintains Buy on Canaan, Maintains $8 Price Target

Rosenblatt analyst Kevin Cassidy maintains Canaan (NASDAQ:CAN) with a Buy and maintains $8 price target.

HC Wainwright & Co. Reiterates Buy on Canaan, Maintains $3 Price Target

HC Wainwright & Co. analyst Kevin Dede reiterates Canaan (NASDAQ:CAN) with a Buy and maintains $3 price target.

12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

Press releases

From Benzinga Pro

Canaan Inc. Announces February 2025 Bitcoin Production, Mining Operation Updates, and Preliminary Fourth Quarter 2024 Financial Results

SINGAPORE, March 3, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining and operational update for

Canaan Inc. Announces January 2025 Bitcoin Production and Mining Operation Updates

SINGAPORE, Feb. 19, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending

Canaan Inc. to Participate in the "Digital Assets 2025: To Bitcoin and Beyond," Virtual Conference Presented by Maxim Group LLC

SINGAPORE, Feb. 10, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its director of business development, Christopher

Canaan Inc. Announces December 2024 Bitcoin Production and Mining Operation Updates and Provides FY2025 Financial Guidance

Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025

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