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Canaan (CAN.US) Stock Rating 2026/2027: Strong Buy – Stock Analysis

0.33
Analysis framework by , founder of TradeDesk · Data: EODHD, insider trades from SEC Form 4 filings · Updated
Price history for Canaan (CAN.US) – stock price at $0.33, October 2026
Canaan stock price – price development 2026. Updated Oct 7, 2026.
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No analysts currently cover Canaan with a public price target. We add the price target automatically as soon as at least one analyst publishes a rating. Until then, use the technical analysis and the key figures below.

Analyst Ratings for Canaan stock in 2026: Strong Buy

6 analysts cover Canaan. There is broad agreement on a positive view — 100% recommend buying.

Consensus: Strong Buy (5.00/5)
Strong Buy
6 (100%)
Strong Sell Sell Hold Buy Strong Buy
5.00 out of 5 based on 6 analysts
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About Canaan – Computer Hardware

**What the company does and how it makes money**
can.us makes and sells equipment used to mine bitcoin. Mining is the process of using powerful computers to verify bitcoin transactions and earn new bitcoin as a reward. The company designs its own integrated circuits, also called IC chips – small electronic components that do the actual computing work. It builds these chips into complete mining machines. can.us makes most of its money by selling these specialized chips and the finished mining equipment.

**Where it operates and who its customers are**
The company was founded in 2013 and is based in Beijing, China. Its customers are likely bitcoin miners and companies that need this specialized computing hardware.

**Other relevant details**
can.us sells its equipment and spare parts, and also handles the assembly of the machines itself. It has a strategic partnership with Northern Data AG, working together on artificial intelligence (AI), blockchain technology, and data center operations. In short, can.us is a hardware maker that supplies key components to the cryptocurrency industry. Read more about the company

Key Figures for Canaan

$256M Market cap
$441M Revenue
Computer Hardware Industry
- P/E
0.58 P/S
0.96 P/B
United States Listed on exchange
investor.canaan-creative.com Website
Technology Sector

What kind of stock is Canaan?

Speculative stock

Canaan is classified as a speculative stock.

Score Overview for Canaan

💰 Value Score 53/100 (Neutral)
⭐ Quality Score 4/100 (Very Low)
🚀 Momentum Score 3/100 (Very Low)
📊 Total Score 20/100

⚠️ 5 red flags identified 4 critical

Our analysis has identified 5 potential risk factors in Canaan that investors should be aware of.

⚠️ Weak financial health: The Piotroski score is only 2/9 – the company shows signs of weakened profitability, liquidity or capital structure.
🚨 Weak balance sheet (elevated risk): Altman Z2 is -2.88 – the balance sheet is measurably weaker than average. This is a risk signal based on the numbers, not a bankruptcy prediction.
🚨 Negative profit margin: The profit margin is -67.8% – the company is losing money on its operations.
🚨 Negative return on equity: ROE is -97.1% – the company is generating a negative return for shareholders.
🚨 Falling earnings: Quarterly earnings have fallen 92% year over year – the company's profitability is under pressure.

📈 Valuation

The P/S ratio is 0.6 (low — potentially undervalued relative to revenue). The P/B ratio is 1.0, below book value, which can point to a value opportunity.

💵 Profitability & Growth

The latest quarterly earnings grew -91.6% year over year — falling earnings.

🏦 Financial Health

The Piotroski score is 2 out of 9 — weak financial health, be careful. Altman Z2 is -2.88 (weak balance sheet — elevated risk). The debt-to-equity ratio (D/E) is 73.9% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 9.95% — elevated, some investors are betting on a decline.

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Canaan Dividend

How much does Canaan pay in dividends?

Canaan has not paid a dividend since 2021. The latest dividend was 0.38 USD per share with an ex-dividend date of November 15, 2021. The company may resume its dividend, but no new payment has been announced. The history below shows the dividends that were actually paid.

Historical Dividend Payments for Canaan

We have registered dividend payments for Canaan since Nov 15, 2021. In that period the stock has paid a dividend 1 times, most recently on Nov 15, 2021. However, the stock does not qualify as a stable or sporadic dividend stock, because the dividend payments have been inconsistent in recent years.

Ex-datePayment dateAmountCurrency
2021-11-152021-12-020.38USD
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Canaan Short Selling 2026: 10.0% Sold Short

High short interest: 10.0% of the free float
Short % of free float
10.0%
Assessment
High short interest
Short squeeze risk
Moderate
Data source
EODHD
Reported about twice a month

Short interest over time: Canaan

0.0%5.9%11.8%
5/307/309/29
10.0% today (high)Last 30 days: +0.8 percentage pointsMeasured over 122 days
What does the trend tell you?
Short interest is rising. It is up 0.8 percentage points over the last month and now stands at 10.0%. More investors have borrowed Canaan and sold it, expecting the price to fall.

It cuts both ways: if they are wrong and the price rises, they have to buy the share back — and those purchases can push the price up further on their own. That is called a short squeeze. That is not in itself a signal about what the price will do — we cannot predict the market, and short interest is only one number among many. But it does say something about what the large players are doing.
The stock has a high share of short selling. Between 5-10% of the freely traded shares are sold short, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze.

What does this mean for you as an investor?
A short interest of 10.0% means that 10.0% of the freely traded shares in Canaan have been borrowed and sold by investors betting on falling prices.

The next potential catalyst is the earnings report on Nov 17, 2026. With a short interest of 10.0%, the report can trigger considerable volatility.

Short interest comes from our data provider EODHD. The figure is reported about twice a month; we check it every trading day.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
▲
10.0%

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When Does Canaan Report Earnings – Next Date: Nov 17, 2026

The next earnings report from Canaan is scheduled for November 17, 2026, before the market opens. This report covers the third quarter (Q3), which ended on September 30, 2026.



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Technical Analysis of Canaan 2026 – Signal: Hold

Overall Technical Signal: Hold

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated October 7, 2026.

Technical analysis of Canaan (CAN.US) – RSI 46, MACD positive (bullish), daily candlestick chart October 2026
Canaan technical analysis – candlestick chart with RSI, MACD and volume profile. Updated Oct 7, 2026.

Trend Analysis of Canaan Inc

Canaan Inc is in a short-term downtrend. The price of $0.32 is 7.9% below the 20-day average ($0.35). Medium term, the picture is positive: the price is 5.6% above the 50-day average ($0.31). Long term, the stock is 28.0% below the 200-day average ($0.45), which signals a long-term downtrend.

Death Cross: The 50-day average (0.31) is below the 200-day average (0.45), which is a classic bearish signal for Canaan Inc.

Is Canaan Inc overbought or oversold?

Canaan Inc has an RSI of 45.8, right in the middle of the neutral zone. There is no clear buying or selling pressure.

MACD Analysis for Canaan Inc

Daily MACD: MACD is positive (0.006), which means the short-term trend is bullish (the 12-day EMA is above the 26-day EMA). MACD is below the signal line (0.014) by 0.008, which suggests the positive momentum is fading – the trend could be turning.

Weekly MACD: MACD5 is negative (-0.055), which indicates a broader bearish long-term trend. MACD5 is above the signal line (-0.085) by 0.030, which suggests the negative long-term momentum is fading – a bigger trend reversal could be ahead.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The short-term trend is bullish, but the long-term trend is still bearish. Weekly momentum is rising, though, which could signal an upcoming trend reversal.

Risk Profile for Canaan Inc

Canaan Inc has an annual standard deviation of 126.7%, which classifies the stock as Extremely speculative. Only risk-tolerant investors should consider this stock, because the price swings can be very large.

Overall Technical Conclusion for Canaan Inc

Trend: Neutral/mixed.

MACD trend (zero line): Daily bullish (0.006). Weekly bearish (-0.055).

MACD momentum (signal): Daily falling. Weekly rising.

RSI: 45.8 – neutral.

Technical signal: Hold

The signals are mixed – trend and MACD point in different directions. Wait until MACD crosses the zero line in the direction of the trend before acting.

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Frequently Asked Questions About Canaan stock in 2026

Should you buy Canaan stock now?
The technical signal for Canaan is currently Hold. Canaan trades at $0.33 as of Oct 7, 2026. The technical analysis shows the following: MACD is positive (bullish trend) at 0.006 with falling momentum (signal: 0.014); RSI is at 45.8 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average). This is a technical observation based on current data, not investment advice.
What is the price target for Canaan stock?
There is currently no active analyst price target for Canaan.
Is Canaan a dividend stock?
Canaan has not paid a dividend since 2021. The latest dividend was $0.38 per share with an ex-dividend date of Nov 15, 2021.
What is the risk of Canaan stock?
Canaan is rated as a stock in the risk category Extremely speculative. the annual standard deviation is 126.7%, which classifies the stock as Extremely speculative.
Is Canaan overvalued?
Canaan has the following valuation ratios: a P/S ratio of 0.6, a P/B ratio of 1.0.
Is Canaan overbought?
No, Canaan is not overbought. RSI is at 45.8 (neutral zone). The technical indicators show: RSI is at 45.8 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 6.8% below the 20-day average (short-term downtrend). In addition, MACD is positive, but momentum is falling.
When is the next Canaan earnings report?
Canaan reports its next earnings on November 17, 2026. The stock currently trades at $0.33.
Is Canaan shorted?
Yes, Canaan is shorted with 10.0% of the free float sold short. This is a high level of short selling, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze. The figure comes from our data provider EODHD, is reported about twice a month, and we check it every trading day.
Are insiders buying Canaan stock?
There is currently no registered insider trading for Canaan.
Is Canaan a good stock?
Based on our total score, Canaan is rated as a poor stock with a total score of 20 out of 100. The stock scores below average on value, quality and momentum – it sits at the lower end of the market. The score is made up of Value: 53/100, Quality: 4/100, Momentum: 3/100. In addition: technical signal: Hold. Whether Canaan is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Canaan stock?
The outlook for Canaan based on current data: the next earnings report is due on Nov 17, 2026, which can move the price. Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Canaan stock falling?
Canaan is falling right now. The technical indicators show: the price is 6.8% below the 20-day average; short interest is 10.0% (high – many are betting on a decline). For the latest context, see our technical analysis and insider section above.
How high can Canaan go?
There is currently no active analyst price target for Canaan. The stock has traded between $0.15 and $2.22 over the last 52 weeks. The price is 85.2% below the 52-week high, which can indicate potential if the underlying fundamentals are intact. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Canaan fall?
The stock has traded as low as $0.15 over the last 52 weeks — that is 54.3% below the current price of $0.33. The biggest decline (drawdown) in the same period was 93.2% from high to low. Within a year, the price typically swings about ±126.7% (standard deviation — a measure of price swings). A difficult year could therefore mean a further decline of that size. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Canaan do?
**What the company does and how it makes money** can.us makes and sells equipment used to mine bitcoin. Mining is the process of using powerful computers to verify bitcoin transactions and earn new bitcoin as a reward. The company designs its own integrated circuits, also call... The company belongs to the Technology sector, more specifically the Computer Hardware industry, is headquartered in United States, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Canaan as an investment.
Did Canaan raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Canaan. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history above.
Is Canaan making money or losing money?
No, Canaan is currently not making money — the company is losing money with a negative profit margin of -67.8%, a substantial loss. That means the business loses money on every dollar of revenue. For growth stocks investing in expansion this is normal — but it raises the risk if the company does not reach break-even before its capital runs out.
Can Canaan go bankrupt?
The bankruptcy risk of Canaan is rated as elevated. Altman Z2 (a model for assessing financial distress) is -2.88 — that places the company in the weak zone. This is a probability based on the numbers, not a verdict — bankruptcy is not imminent. But the balance sheet is measurably weaker than average, so watch the debt, liquidity and possible capital raises. The Piotroski score (financial health 0-9, higher is better) is 2 — which is weak. Debt relative to equity is 74% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Canaan have a lot of debt?
Canaan has moderate debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 74%. For the technology sector, 60-120% counts as a typical level. Tech companies are usually asset-light and need little borrowed capital — anything below 60% counts as low in this sector. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.
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