Recent Performance of Canaan Inc ADR (CAN) Stock: A Closer Look

Abby Carey

A share price of Canaan Inc ADR [CAN] is currently trading at $0.84, up 8.66%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CAN shares have gain 9.44% over the last week, with a monthly amount drifted -12.12%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Canaan Inc ADR [NASDAQ: CAN] stock has seen the most recent analyst activity on December 08, 2025, when BTIG Research initiated its Buy rating and assigned the stock a price target of $3. On June 18, 2025, Northland Capital initiated with a Market Perform rating and assigned a price target of $1.50 on the stock. The Benchmark Company started tracking the stock assigning a Buy rating and suggested a price target of $3 on May 06, 2025. Compass Point initiated its recommendation with a Buy and recommended $2.50 as its price target on March 18, 2025. B. Riley Securities started tracking with a Buy rating for this stock on September 18, 2024, and assigned it a price target of $2. In a note dated September 11, 2024, Rosenblatt initiated an Buy rating and provided a target price of $3 on this stock.

Canaan Inc ADR experienced fluctuations in its stock price throughout the past year between $0.53 and $2.47. Currently, Wall Street analysts expect the stock to reach $2.92 within the next 12 months. Canaan Inc ADR [NASDAQ: CAN] shares were valued at $0.84 at the most recent close of the market. An investor can expect a potential return of 247.62% based on the average CAN price forecast.

Analyzing the CAN fundamentals

Trailing Twelve Months sales for Canaan Inc ADR [NASDAQ:CAN] were 422.58M which represents 103.03% growth. Gross Profit Margin for this corporation currently stands at 0.05% with Operating Profit Margin at -0.34%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.52%. To continue investigating profitability, this company’s Return on Assets is posted at -0.33, Equity is -0.72 and Total Capital is -0.37. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.8131 points at the first support level, and at 0.7895 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8572, and for the 2nd resistance point, it is at 0.8777.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Canaan Inc ADR [NASDAQ:CAN] is 1.85. In addition, the Quick Ratio stands at 1.13 and the Cash Ratio stands at 0.43. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 1.24.

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