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Canaan Inc expected to post a loss of 3 cents a share - Earnings Preview

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 ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Mar. 31 2025-0.05-0.06-1.79Missed-2,653.8
Dec. 31 2025-0.13-0.09-0.02Beat75.6
Sep. 30 2024-0.05-0.05-0.27Missed-440​
Jun. 30 2024-0.02-0.02-0.01Beat50
​​
Dec. 31 2023-0.19-0.19-0.55Missed-189.5​
Sep. 30 2023-0.28-0.28-0.47Missed-67.9
Jun. 30 2023-0.13-0.26Missed-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)

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