Key Points
- Amandine Ferré, an insider at Canaan, purchased 35,000 shares on March 11 at GBX 242 per share for a total of £84,700.
- Deutsche Bank lowered its price target from GBX 400 to GBX 350 but maintained a "Buy" rating; the stock's average analyst target is also GBX 350 with an overall "Buy" consensus.
- Canaan reported GBX 11.20 earnings per share for the quarter but showed a negative net margin (‑2.30%) and negative return on equity (‑3.20%).
Canaan Inc (LON:CAN - Get Free Report) insider Amandine Ferré purchased 35,000 shares of the stock in a transaction on Wednesday, March 11th. The shares were bought at an average cost of GBX 242 per share, for a total transaction of £84,700.
Canaan Stock Down 1.8%
Shares of Canaan stock opened at GBX 222.40 on Friday. The stock has a market cap of £2.18 billion and a P/E ratio of -14.83. Canaan Inc has a 12-month low of GBX 149.95 and a 12-month high of GBX 327.40. The business's 50 day moving average is GBX 288.65 and its 200-day moving average is GBX 258.50.
Canaan (LON:CAN - Get Free Report) last released its earnings results on Friday, February 20th. The company reported GBX 11.20 earnings per share for the quarter. Canaan had a negative net margin of 2.30% and a negative return on equity of 3.20%.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Canaan from GBX 400 to GBX 350 and set a "buy" rating for the company in a research report on Thursday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of GBX 350.
Read Our Latest Stock Analysis on CAN
About Canaan
(
Get Free Report)
Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. Following its acquisition of MultiChoice Group, a leading entertainment platform in Africa, the combined Group has 40 million subscribers, operates in over 70 countries and has approximately 17,000 employees. CANAL+ is one of the largest media companies in Europe, the market leader in Africa and has a globally recognised brand (Top 50 Most Valuable French Brands, globally. Source: Kantar BrandZ, 2025).
CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.
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