Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Canaan Inc. before investing.

In this article, we go over a few key elements for understanding Canaan Inc.’s stock price such as:

• Canaan Inc.’s current stock price and volume
• Why Canaan Inc.’s stock price changed recently
• Upgrades and downgrades for CAN from analysts
• CAN’s stock price momentum as measured by its relative strength

About Canaan Inc. (CAN)

Before we jump into Canaan Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Canaan Inc. engages in the research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment 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; and distribution of edge computing chip products, as well as mining business. The company has operations in the United States, Mainland China, the United Arab Emirates, Ethiopia, Hong Kong Special Administrative Region, Malaysia, Kazakhstan, Canada, Netherlands, Singapore, Georgia, Paraguay, Thailand, Indonesia, Australia, Cyprus, and internationally. Canaan Inc. was founded in 2013 and is headquartered in Singapore.

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Canaan Inc.’s Stock Price as of Market Close

As of November 28, 2025, 1:00 PM, CST, Canaan Inc.’s stock price was $1.010.

Canaan Inc. is up 9.78% from its previous closing price of $0.920.

During the last market session, Canaan Inc.’s stock traded between $0.955 and $1.050. Currently, there are approximately 519.18 million shares outstanding for Canaan Inc..

Canaan Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Canaan Inc. Stock Price History

Canaan Inc.’s (CAN) price is currently down 29.37% so far this month.

During the month of November, Canaan Inc.’s stock price has reached a high of $1.390 and a low of $0.825.

Over the last year, Canaan Inc. has hit prices as high as $3.270 and as low as $0.535. Year to date, Canaan Inc.’s stock is down 50.73%.

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What Caused Canaan Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of November 28, 2025, there were 0 analysts who downgraded Canaan Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Canaan Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Canaan Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Canaan Inc.’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Canaan Inc. (CAN) by visiting AAII Stock Evaluator.

Relative Price Strength of Canaan Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of November 28, 2025, Canaan Inc. has a weighted four-quarter relative price strength of -1.97%, which translates to a Momentum Score of 53 and is considered to be Average.

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Canaan Inc. Stock Price: Bottom Line

As of November 28, 2025, Canaan Inc.’s stock price is $1.010, which is up 9.78% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Canaan Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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