CAN

Canaan Creative
CAN

$1.06

3.96%

Market Cap: 303M

About: Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts.

Employees: 541

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 25 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

143% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 14

114% more call options, than puts

Call options by funds: $4.02M | Put options by funds: $1.88M

1% more funds holding

Funds holding: 80 [Q4 2023] → 81 (+1) [Q1 2024]

6% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 18

0.21% less ownership

Funds ownership: 1.77% [Q4 2023] → 1.56% (-0.21%) [Q1 2024]

18% less capital invested

Capital invested by funds: $103M [Q4 2023] → $83.8M (-$18.8M) [Q1 2024]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target

$3

183%

upside

Avg. target

$3

183%

upside

High target

$3

183%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

HC Wainwright & Co.

Kevin Dede

183%upside

$3

Buy

Reiterated

20 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 25 articles about CAN published over the past 30 days

Canaan Inc Investigated By The Schall Law Firm For Potential Securities Breaches Investors With Losses Urged To Engage In Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Canaan Inc Investigated By The Schall Law Firm For Potential Securities Breaches Investors With Losses Urged To Engage In Dialogue

Canaan Inc Investigated By The Schall Law Firm For Potential Securities Breaches Investors With Losses Urged To Engage In Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Canaan Inc Investigated By The Schall Law Firm For Potential Securities Breaches Investors With Losses Urged To Engage In Dialogue

Canaan Inc Investigated By The Schall Law Firm For Potential Securities Breaches Investors With Losses Urged To Engage In Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Canaan Inc Investigated By The Schall Law Firm For Potential Securities Breaches Investors With Losses Urged To Engage In Dialogue

Canaan Inc Investigated By The Schall Law Firm For Potential Securities Breaches, Investors With Losses Urged To Engage In Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Canaan Inc Investigated By The Schall Law Firm For Potential Securities Breaches, Investors With Losses Urged To Engage In Dialogue

Canaan Inc Is Under Investigation By The Schall Law Firm For Potential Securities Breaches And Investors With Losses Are Encouraged To Initiate Dialogue

LOS ANGELES, CA / ACCESSWIRE / July 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Canaan Inc Is Under Investigation By The Schall Law Firm For Potential Securities Breaches And Investors With Losses Are Encouraged To Initiate Dialogue

Canaan Inc Is Under Investigation By The Schall Law Firm For Potential Securities Breaches And Investors With Losses Are Encouraged To Initiate Dialogues

LOS ANGELES, CA / ACCESSWIRE / July 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Canaan Inc Is Under Investigation By The Schall Law Firm For Potential Securities Breaches And Investors With Losses Are Encouraged To Initiate Dialogues

Zacks Investment Research

3 Software Stocks to Keep an Eye on in a Troubled Industry

Amid volatile macroeconomic conditions, Computer Software industry participants like Intuit (INTU), Progress Software (PRGS) and Canaan (CAN) are well-poised to capitalize on accelerating digital transformation and strong adoption of cloud computing solutions.

3 Software Stocks to Keep an Eye on in a Troubled Industry

The Schall Law Firm Is Probing Canaan Inc For Possible Securities Violations And Urges Investors Who Have Incurred Losses To Start Conversations

LOS ANGELES, CA / ACCESSWIRE / July 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Probing Canaan Inc For Possible Securities Violations And Urges Investors Who Have Incurred Losses To Start Conversations

Canaan Inc Is Under Investigation For Potential Securities Violations By The Schall Law Firm, Investors Who Have Suffered Losses Are Encouraged To Initiate Dialogues

LOS ANGELES, CA / ACCESSWIRE / July 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Canaan Inc Is Under Investigation For Potential Securities Violations By The Schall Law Firm, Investors Who Have Suffered Losses Are Encouraged To Initiate Dialogues

The Schall Law Firm Urges Investors With Losses To Start Conversation, Canaan Inc Is Under Investigation For Possible Securities Violations

LOS ANGELES, CA / ACCESSWIRE / July 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Canaan Inc. ("Canaan" or "the Company") (NASDAQ:CAN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Urges Investors With Losses To Start Conversation, Canaan Inc Is Under Investigation For Possible Securities Violations

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