CAN Stock — Canaan Inc

Canaan Inc (CAN)

Updated October 16, 2026.

CAN is a Stock. Total return is -97.3% over the past 6.9 years, 269.2 points behind SPY at 171.9%.

Canaan Inc. is a semiconductor and bitcoin mining equipment manufacturer that designs, develops, and sells integrated circuits and mining hardware, along with related components and spare parts. The company operates mining operations itself and distributes its products globally across North America, Asia, Europe, Africa, and South America. Canaan does not currently distribute to shareholders.

CAN performance versus SPY

Price and return data through 2026-10-16.

Total return is -97.3% over the past 6.9 years, 269.2 points behind SPY at 171.9%. Over the past year its total return — price change plus distributions reinvested — is -86.1%. Its deepest 1-year drawdown was 91.7%.

CAN key facts

Asset type

Stock

Asset class

Equity

Inception date

11/21/2019

Distribution frequency

None

Last close

$0.23 (as of 2026-10-16)

Market cap

$164,626,460

Average volume

8725608.0

Ex-dividend date

11/15/2021

Payment date

12/02/2021

Beta

2.642

Payout ratio

0.0%

Forward P/E

2.5119

EPS

$-0.45

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CAN risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 91.7%.

Who may consider CAN — and who may not

It is a weaker fit for investors who need monthly cash flow (CAN does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on CAN

• All tickers starting with C

Tagged: Technology.

Frequently asked questions