Stocktoria
Canaan Inc. CAN
Canaan Inc. (CAN) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2025 revenue was $529.7M at a -39.7% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Finance, Insurance & Real Estate · percentile among 1129 companies
Percentile vs other Finance, Insurance & Real Estate companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.501 |
| Retained earnings / assets | -1.096 |
| EBIT / assets | -0.186 |
| Equity / liabilities | 2.642 |
Sector peers · similar-size Finance, Insurance & Real Estate companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| CAN | Canaan Inc. | 4/9 | 1.24 | — | +96.7% |
| DAVE | Dave Inc./DE | 5/9 | — | 22.6 | +59.7% |
| IREN | IREN Ltd | 5/9 | 2.18 | 193.8 | +167.7% |
| FUFU | Bitfufu Inc. | 1/9 | 4.88 | — | +3.1% |
| MSTR | Strategy Inc | 3/9 | 4.34 | — | +3% |
| RHLD | Resolute Holdings Management, Inc. | 6/9 | 7.47 | — | +9.9% |
| SOFI | SoFi Technologies, Inc. | 1/9 | — | 47.7 | +23.1% |
All Finance, Insurance & Real Estate companies →
About Canaan Inc.
Canaan Inc. engages in the research and development, design, and sale of integrated circuits, and bitcoin mining equipment and related components. The company is involved in the assembly and distribution of mining equipment and spare parts; and mining business. It has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Ireland, Georgia, Brazil, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.
FAQ
Is CAN financially healthy?
Canaan Inc.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does CAN pay a dividend?
No, Canaan Inc. does not currently pay a dividend.
How profitable is CAN?
In FY2025, Canaan Inc. had a net margin of -39.7% and a return on equity of -48.1%.
What is the analyst price target for CAN?
The average Wall-Street price target for Canaan Inc. is $1.69, about 716.3% above the recent price, from 7 analysts.
Is CAN a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Canaan Inc.: a Piotroski F-score of 4/9, an Altman Z″ in the grey zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.