Canaan (CAN) Projected to Post Quarterly Earnings on Tuesday

Canaan (NASDAQ:CAN) is expected to be posting its Q3 2025 results before the market opens on Tuesday, November 18th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $18.2610 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Tuesday, November 18, 2025 at 8:00 AM ET.

Canaan (NASDAQ:CAN) last released its quarterly earnings results on Thursday, August 14th. The company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.10. The business had revenue of $13.95 million for the quarter, compared to the consensus estimate of $13.29 million. Canaan had a negative net margin of 77.01% and a negative return on equity of 92.49%. On average, analysts expect Canaan to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Canaan Trading Down 8.0%

Canaan stock opened at $0.89 on Friday. Canaan has a one year low of $0.53 and a one year high of $3.27. The company’s fifty day moving average price is $1.20 and its two-hundred day moving average price is $0.88. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.78 and a quick ratio of 1.32. The company has a market capitalization of $332.62 million, a price-to-earnings ratio of -0.99 and a beta of 3.61.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on CAN shares. BTIG Research reissued a “buy” rating and set a $8.00 price objective on shares of Canaan in a report on Tuesday, October 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Canaan in a report on Wednesday, October 8th. Compass Point assumed coverage on shares of Canaan in a research note on Monday, September 15th. They issued a “buy” rating for the company. Wall Street Zen downgraded shares of Canaan from a “hold” rating to a “sell” rating in a report on Sunday, October 19th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $4.00 target price on shares of Canaan in a report on Wednesday, October 29th. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $3.61.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Canaan stock. Goldman Sachs Group Inc. lifted its holdings in shares of Canaan Inc. Sponsored ADR (NASDAQ:CAN) by 52.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 587,451 shares of the company’s stock after buying 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 quarter. Hedge funds and other institutional investors own 70.14% of the company’s stock.

About Canaan

Canaan Inc engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts.