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After finishing at $0.78 in the prior trading day, Canaan Inc ADR (NASDAQ: CAN) closed at $0.77, down -0.73%. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 47.2 million shares were traded. CAN stock price reached its highest trading level at $0.818 during the session, while it also had its lowest trading level at $0.76.
Ratios:
Our goal is to gain a better understanding of CAN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on June 18, 2025, initiated with a Market Perform rating and assigned the stock a target price of $1.50.
On May 06, 2025, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $3.
On March 18, 2025, Compass Point started tracking the stock assigning a Buy rating and target price of $2.50.Compass Point initiated its Buy rating on March 18, 2025, with a $2.50 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAN now has a Market Capitalization of 378206560 and an Enterprise Value of 5749632512. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 16.648 whereas that against EBITDA is -39.467.
Stock Price History:
The Beta on a monthly basis for CAN is 3.46, which has changed by -0.20901638 over the last 52 weeks, in comparison to a change of 0.15005577 over the same period for the S&P500. Over the past 52 weeks, CAN has reached a high of $3.27, while it has fallen to a 52-week low of $0.53. The 50-Day Moving Average of the stock is 7.59%, while the 200-Day Moving Average is calculated to be -39.00%.
Shares Statistics:
The stock has traded on average 41.59M shares per day over the past 3-months and 37218230 shares per day over the last 10 days, according to various share statistics. A total of 448.23M shares are outstanding, with a floating share count of 267.47M. Shares short for CAN as of 1753920000 were 43247423 with a Short Ratio of 1.04, compared to 1751241600 on 42648643. Therefore, it implies a Short% of Shares Outstanding of 43247423 and a Short% of Float of 10.25.
Earnings Estimates
Its stock is currently analyzed by 1.0 different market analysts. The consensus estimate for the next quarter is $0.04, with high estimates of $0.04 and low estimates of $0.04.
Analysts are recommending an EPS of between -$0.1 and -$0.1 for the fiscal current year, implying an average EPS of -$0.1.
Revenue Estimates
4 analysts predict $131.57M in revenue for the current quarter. It ranges from a high estimate of $139.2M to a low estimate of $122.1M. As of the current estimate, Canaan Inc ADR’s year-ago sales were $73.61MFor the next quarter, 4 analysts are estimating revenue of $166.18M. There is a high estimate of $200M for the next quarter, whereas the lowest estimate is $130.7M.
A total of 4 analysts have provided revenue estimates for CAN’s current fiscal year. The highest revenue estimate was $518M, while the lowest revenue estimate was $435.7M, resulting in an average revenue estimate of $480.98M. In the same quarter a year ago, actual revenue was $269.32MBased on 4 analysts’ estimates, the company’s revenue will be $684.77M in the next fiscal year. The high estimate is $900M and the low estimate is $512.3M.
