Canaan Guides Q3 Revenue to $11M-$15M
Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Computer Hardware Stocks · Technology
Sentiment
Neutral
Importance
7
Price
$0.383
Mkt Cap
$260.029M
52W Low
$0.152
52W High
$2.22
52W Position
153% above low
Off High
83% below high
Rel. Volume
1.7× avg
Market data snapshot near publication time
CAN has more than doubled off its 52-week low of $0.152.
Summary
Canaan provided Q3 revenue guidance of $11M-$15M, a new disclosure not previously reported. The company has been navigating Nasdaq minimum bid compliance and recently tapped its crypto treasury for buybacks. This guidance gives traders a concrete revenue range to model against the company's $260M market cap. Watch for actual Q3 results to see if the range holds.
At the time of this announcement, CAN was trading at $0.38 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $260M. The 52-week trading range was $0.15 to $2.22. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.
Price Chart
CAN - Latest Insights
CAN
Sep 08, 2026, 7:20 AM EDT
Price at Filing:
$0.3099
Real-time Price:
$0.3102
Change:
+$0.0003 (+0.10%)
Market Cap:
$229.121M
CAN
Aug 04, 2026, 9:14 AM EDT
Price at Filing:
$0.1882
Real-time Price:
$0.3102
Change:
+$0.122 (+65%)
Market Cap:
$229.121M
CAN
Jul 15, 2026, 9:11 AM EDT
Price at Filing:
$0.3001
Real-time Price:
$0.3102
Change:
+$0.0101 (+3%)
Market Cap:
$229.121M
CAN
Jul 15, 2026, 9:05 AM EDT
Price at Filing:
$0.2974
Real-time Price:
$0.3102
Change:
+$0.0128 (+4%)
Market Cap:
$229.121M
CAN
Jul 14, 2026, 4:01 PM EDT
Price at Filing:
$0.2922
Real-time Price:
$0.3102
Change:
+$0.018 (+6%)
Market Cap:
$229.121M