Canaan (CAN) Projected to Post Earnings on Tuesday

Canaan (NASDAQ:CAN) is expected to be issuing 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. Interested persons can find conference call details on the company’s upcoming Q4 2025 earning report page for the latest details on the call scheduled for Tuesday, February 10, 2026 at 8:00 AM ET.

Canaan (NASDAQ:CAN) last announced its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $18.26 million. During the same period last year, the business earned ($0.01) earnings per share. On average, analysts expect Canaan to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Canaan Trading Up 17.7%

Canaan stock opened at $0.59 on Friday. The firm 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 stock’s 50 day simple moving average is $0.78 and its two-hundred day simple moving average is $0.93.

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

Hedge Funds Weigh In On Canaan

An institutional investor recently raised its position in Canaan stock. Goldman Sachs Group Inc. increased its holdings in shares of Canaan Inc. Sponsored ADR (NASDAQ:CAN) by 52.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 587,451 shares of the company’s stock after acquiring an additional 200,869 shares during the quarter. Goldman Sachs Group Inc. owned about 0.21% of Canaan worth $516,000 at the end of the most recent reporting period. 70.14% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on CAN shares. Benchmark raised their price target on shares of Canaan from $2.00 to $4.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Rosenblatt Securities restated a “buy” rating and set a $4.00 target price on shares of Canaan in a research report on Thursday, January 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Canaan in a research note on Wednesday, January 21st. BTIG Research reiterated a “buy” rating on shares of Canaan in a research report on Friday, January 16th. Finally, Wall Street Zen lowered Canaan from a “hold” rating to a “sell” rating in a report on Saturday, January 17th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Canaan currently has a consensus rating of “Moderate Buy” and an average target price of $2.96.

Canaan Company Profile

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.