Canaan logo

Canaan Share Price Today

(NASDAQ: CAN)

Canaan share price is $0.7 & ₹59.83 as on 18 Apr 2025, 2.30 'hrs' IST

$0.7

Market is closed - opens 7 PM, 21 Apr 2025

View live Canaan share price in Dollar and Rupees. Guide to invest in Canaan stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Canaan, along with analyst recommendations, forecasts, and comprehensive financials.

Canaan share price movements

  • Today's Low: $0.68
    Today's High: $0.71

    Day's Volatility :3.99%

  • 52 Weeks Low: $0.65
    52 Weeks High: $3.27

    52 Weeks Volatility :80.28%

Canaan (CAN) Returns

PeriodCanaan IncSector (Technology)Index (Russel 2000)
3 Months
-67.44%
-17.2%
0.0%
6 Months
-29.61%
-16.0%
0.0%
1 Year
-7.37%
0.7%
0.0%
3 Years
-82.36%
29.4%
-12.9%

Canaan (CAN) Key Statistics

in dollars & INR

Previous Close
$0.7
Open
$0.7
Today's High
$0.71
Today's Low
$0.6817
Market Capitalization
$260.7M
Today's Volume
$6.2M
52 Week High
$3.27
52 Week Low
$0.645
Revenue TTM
$269.3M
EBITDA
$-163.4M
Earnings Per Share (EPS)
$-0.92
Profit Margin
-92.73%
Quarterly Earnings Growth YOY
-0.92%
Return On Equity TTM
-81.29%

How to invest in Canaan Stock (CAN) from India?

It is very easy for Indian residents to invest directly in Canaan from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Canaan stock in both Indian Rupees (INR) and US Dollars (USD). Search for Canaan or CAN on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Canaan or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Canaan shares which would translate to 1.221 fractional shares of Canaan as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Canaan, in just a few clicks!

Returns in Canaan (CAN) for Indian investors in Rupees

The Canaan stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

  • 10Y

Canaan investment value today

Current value as on today

₹95,674

Returns

₹4,326

(-4.33%)

Returns from Canaan Stock

₹6,667 (-6.67%)

Dollar Returns

₹2,341 (+2.34%)

Indian investors sentiment towards Canaan (CAN)

45.28%

Period: Mar 19, 2025 to Apr 18, 2025. Change in 30 Days versus previous period

Investment in Canaan Shares from India has grown by 45.28% over the past 30 days, indicating increased transactional activity.

19%

Period: Mar 19, 2025 to Apr 18, 2025. Change in 30 Days versus previous period

Search interest for Canaan Stock from India on INDmoney has increased by 19% in the last 30 days, reflecting an upward trend in search activity.

Global Institutional Holdings in Canaan

  • Van Eck Associates Corporation

    2.90%

  • Vanguard Group Inc

    2.45%

  • Tidal Investments LLC.

    1.31%

  • State Street Corp

    1.21%

  • Vident Advisory, LLC

    1.21%

  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

    0.96%

Analyst Recommendation on Canaan

Rating
Trend

Buy

    80%Buy

    20%Hold

    0%Sell

Based on 5 Wall street analysts offering stock ratings for Canaan(by analysts ranked 0 to 5 stars)

Analyst Forecast on Canaan Stock (CAN)

What analysts predicted

Upside of 477.56%

Target:

$4.04

Current:

$0.70

Insights on Canaan Stock (Ticker Symbol: CAN)

  • Price Movement

    In the last 1 month, CAN stock has moved down by -30.3%
  • Increasing Revenue

    Revenue is up for the last 4 quarters, 35.03M → 73.60M (in $), with an average increase of 17.9% per quarter
  • Decreasing Net Profit

    Netprofit is down for the last 4 quarters, -39.32M → -75.57M (in $), with an average decrease of 29.0% per quarter
  • CAN vs ANET (1 yr)

    In the last 1 year, Arista Networks, Inc. has given 16.8% return, outperforming this stock by 23.7%
  • CAN vs SMCI (3 yr)

    In the last 3 years, Super Micro Computer, Inc. has given 123.1% return, outperforming this stock by 206.6%
  • Price to Sales

    ForCAN every $1 of sales, investors are willing to pay $0.7, whereas for Arista Networks, Inc., the investors are paying $12.8 for every $1 of sales.

CAN Canaan Financials in INR & Dollars

Revenue
Profit
Cash Flow
Annually
Quarterly
FY18
FY19
FY20
FY21
FY22
FY23
FY23Y/Y Change
Revenue
$29.6M
↓ 67.78%
Net Income
$-58.0M
↓ 688.3%
Net Profit Margin
-195.84%
↓ 206.57%

Canaan Technicals Summary

Sell

Neutral

Buy

Canaan is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Canaan (CAN) Vs Peers

Returns
Ratio's
Overview
Company Name1 Month6 Month1 Year3 Years5 Years
Canaan Inc logo
-29.4%
-29.61%
-7.37%
-82.36%
-83.29%
Arista Networks, Inc. logo
-13.38%
-29.85%
15.73%
123.97%
437.38%
Dell Technologies Inc. - Class C Shares logo
-15.73%
-32.52%
-26.18%
73.06%
308.31%
Hp Inc. logo
-17.68%
-34.64%
-14.31%
-39.49%
55.14%
Super Micro Computer, Inc. logo
-18.44%
-34.09%
-55.85%
599.33%
1352.51%

About Canaan

Canaan Inc. is a computer hardware manufacturer and a leading provider of supercomputing solutions. While mitigating today’s computing hardware limitations, Canaan Inc. stands out with its superior cost efficiencies and high-level performance. Founded by Nangeng Zhang in 2013, the company is currently headquartered in Beijing, China. It was established as Canaan Creative while N.G. Zhang was studying medicine. In 2016, Canaan executed a reverse takeover of Shandong Luyitong, which is a public company listed on Shenzhen Stock Exchange for USD 466 million. Further in 2019, Canaan raised USD 90 million from its initial public offering in the U.S. stock market. It got listed on NASDAQ. The world’s first ASIC-powered bitcoin machine was built by Canaan Inc. in 2013 that paved the way for the bitcoin mining sector, which is computationally advanced. The company is actively involved in the research and designing of Integrated Circuits (IC) final system products and integrating the same with bitcoin mining and related components. Apart from this, the company assembles system products along with its supply chain and distribution. It focuses on the development of advanced technology including Artificial Intelligence. With AI chips as a base, Canaan has been successful in developing an intellectual value chain. Canaan also offers complete AI service solutions along with an option to tailor them according to the needs of the clients. The areas include AI algorithms, chip integration, AI architectures, AI chips, and systems on a chip. Currently Canaan Inc has a market cap of $0.28 Billion. It has a P.E ratio of 0.0. The shares of Canaan Inc are trading at $0.7. .
Organization
Canaan
Employees
0
CEO
Mr. Nangeng Zhang
Industry
Electronic Technology

Management People of Canaan

NameTitle
Mr. Nangeng Zhang
Chairman & CEO
Mr. James Jin Cheng
Chief Financial Officer
Ms. Lu Meng
Secretary of the Board
Ms. Zhang Xi
Investor Relations Manager

Important FAQs about investing in CAN Stock from India :

What is Canaan share price today?

Canaan share price today stands at $0.70, Open: $0.70 ; Previous Close: $0.70 ; High: $0.71 ; Low: $0.68 ; 52 Week High: $3.27 ; 52 Week Low: $0.65.

The stock opens at $0.70, after a previous close of $0.70. The stock reached a daily high of $0.71 and a low of $0.68, with a 52-week high of $3.27 and a 52-week low of $0.65.

Can Indians buy Canaan shares?

Yes, Indians can invest in the Canaan (CAN) from India.

With INDmoney, you can buy Canaan at 0 brokerage. The step-by-step process is as follows:

  • Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
  • Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
  • Once funds are transferred successfully, you can buy Canaan at zero transaction cost.

How can I buy Canaan shares from India?

It is very easy to buy Canaan from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Canaan (CAN) be purchased?

Yes, you can buy fractional shares of Canaan with INDmoney app.

What are the documents required to start investing in Canaan stocks?

To start investing in Canaan, You will need the following documents:

  • Proof of Identification (PAN, Aadhaar etc)
  • Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.

What are today’s High and Low prices of Canaan Stock (CAN)?

Today’s highest price of Canaan (CAN) is $0.71.

Today’s lowest price of Canaan (CAN) is $0.68.

What is today's market capitalisation of Canaan?

Today's market capitalisation of Canaan CAN is 260.7M

What is the 52 Week High and Low Range of Canaan Stock (CAN)?

  • 52 Week High

    $3.27

  • 52 Week Low

    $0.65

What are the historical returns of Canaan (CAN)?

  • 1 Month Returns

    -29.4%

  • 3 Months Returns

    -29.61%

  • 1 Year Returns

    -7.37%

  • 5 Years Returns

    -83.29%

Who is the Chief Executive Officer (CEO) of Canaan ?

Mr. Nangeng Zhang is the current Chief Executive Officer (CEO) of Canaan.