Canaan Inc CAN.OQ CAN.O is expected to show a rise in quarterly revenue when it reports results on August 14 for the period ending June 30 2025
The Singapore-based company is expected to report a 50.4% increase in revenue to $108.044 million from $71.86 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
LSEG's mean analyst estimate for Canaan Inc is for a loss of 3 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Canaan Inc is $2.10, about 65.3% above its last closing price of $0.73
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
-0.05
-0.06
-1.79
Missed
-2,653.8
Dec. 31 2025
-0.13
-0.09
-0.02
Beat
75.6
Sep. 30 2024
-0.05
-0.05
-0.27
Missed
-440
Jun. 30 2024
-0.02
-0.02
-0.01
Beat
50
Dec. 31 2023
-0.19
-0.19
-0.55
Missed
-189.5
Sep. 30 2023
-0.28
-0.28
-0.47
Missed
-67.9
Jun. 30 2023
-0.13
-0.26
Missed
-98
This summary was machine generated August 12 at 12:48 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)