Canaan (CAN) Projected to Post Quarterly Earnings on Tuesday

Canaan (NASDAQ:CANGet Free Report) is anticipated to announce its Q4 2025 results before the market opens on Tuesday, February 10th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $25.3040 million for the quarter. Parties can check the company’s upcoming Q4 2025 earning summary page for the latest details on the call scheduled for Tuesday, February 10, 2026 at 8:00 AM ET.

Canaan (NASDAQ:CANGet Free Report) last released its quarterly earnings data on Tuesday, November 18th. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.01. Canaan had a negative return on equity of 71.85% and a negative net margin of 51.66%.The company had revenue of $21.17 million for the quarter, compared to the consensus estimate of $18.26 million. During the same quarter last year, the business posted ($0.01) EPS. On average, analysts expect Canaan to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Canaan Stock Up 17.7%

Shares of CAN opened at $0.59 on Monday. The stock has a market cap of $219.97 million, a PE ratio of -0.87 and a beta of 2.85. Canaan has a 12-month low of $0.50 and a 12-month high of $2.22. The business has a 50-day simple moving average of $0.78 and a two-hundred day simple moving average of $0.93.

Canaan declared that its board has initiated a stock buyback plan on Wednesday, December 17th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Canaan stock. Goldman Sachs Group Inc. raised its position in Canaan Inc. Sponsored ADR (NASDAQ:CANFree Report) by 52.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 587,451 shares of the company’s stock after acquiring an additional 200,869 shares during the period. Goldman Sachs Group Inc. owned approximately 0.21% of Canaan worth $516,000 as of its most recent filing with the SEC. 70.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on CAN shares. Benchmark lifted their target price on shares of Canaan from $2.00 to $4.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. B. Riley Financial reduced their price target on Canaan from $3.00 to $2.50 and set a “buy” rating on the stock in a research report on Friday, November 21st. Rosenblatt Securities restated a “buy” rating and set a $4.00 price objective on shares of Canaan in a research report on Thursday, January 15th. Wall Street Zen lowered Canaan from a “hold” rating to a “sell” rating in a research note on Saturday, January 17th. Finally, BTIG Research reissued a “buy” rating on shares of Canaan in a research report on Friday, January 16th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $2.96.

Check Out Our Latest Report on CAN

About Canaan

(Get Free Report)

Canaan Inc is a China-based technology company specializing in the design and manufacture of high-performance computing hardware for the digital currency and blockchain industry. The company’s core business revolves around application-specific integrated circuit (ASIC) miners, which are purpose-built machines optimized for cryptocurrency mining. By focusing on energy efficiency and processing power, Canaan’s mining rigs aim to deliver competitive hash rates while managing power consumption in large-scale operations.

The flagship product line, known as AvalonMiner, encompasses a range of models tailored to different scales of mining activity, from small-scale hobbyist setups to industrial farms.

Further Reading

Earnings History for Canaan (NASDAQ:CAN)

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