CAN (Canaan) Float Percentage Of Total Shares Outstanding: 93.45% (As of Jun. 26, 2026)


CAN Canaan Inc CAN
39 GF Score
Price $0.29
GF Value $0.71
Valuation Possible Value Trap
! 2 Warning Signs
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What is Canaan Float Percentage Of Total Shares Outstanding?

Canaan CAN -2.65% 39 Float Percentage Of Total Shares Outstanding is 93.45% as of Jun. 26, 2026. GuruFocus rates CAN with a GF Score™ of 39/100 and a GF Value™ of $0.71 (Possible Value Trap). The stock has 2 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Canaan's float shares is 696.69 Mil. Canaan's total shares outstanding is 745.50 Mil. Canaan's float percentage of total shares outstanding is 93.45%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Canaan's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Canaan's Institutional Ownership is 21.89%.

CAN
39GF Score
Canaan Inc CAN
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Canaan Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Canaan's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=696.69/745.50
=93.45%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 93.45% mean?
Canaan (CAN) has a Float Percentage Of Total Shares Outstanding of 93.45% as of Jun. 26, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Canaan and its competitors.
Is Canaan's Float Percentage Of Total Shares Outstanding too high?
Canaan's current Float Percentage Of Total Shares Outstanding is 93.45%. Overall, Canaan has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Canaan's Float Percentage Of Total Shares Outstanding compare to BGIN and NNDM?
Canaan's Float Percentage Of Total Shares Outstanding of 93.45% can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Hardware company?
A good Float Percentage Of Total Shares Outstanding depends on the Hardware industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Canaan and its competitors. Canaan's current Float Percentage Of Total Shares Outstanding is 93.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canaan stock overvalued right now?
Based on GuruFocus' analysis, Canaan (CAN) is currently considered Possible Value Trap. The stock's GF Value™ is $0.71, compared to a current price of $0.29 — trading 58.8% below its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 93.45%. Canaan's overall GF Score™ is 39/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Canaan (CAN), the current Float Percentage Of Total Shares Outstanding is 93.45% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canaan (CAN) Overvalued in 2026?

Based on GuruFocus' analysis, Canaan stock appears to be undervalued. The current stock price of $0.29 is trading 58.8% below its estimated GF Value™ of $0.71. GuruFocus considers Canaan to be Possible Value Trap.

Key valuation signals for CAN:

  • Float Percentage Of Total Shares Outstanding: 93.45%
  • GF Value™: $0.71 vs. price of $0.29 (58.8% below fair value)
  • GF Score™: 39/100 with 2 warning signs

No single metric tells the full story. See the CAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canaan Business Description

Other Exchanges CAN:Mexico35J:Germany
Address 28 Ayer Rajah Crescent, No. 06-08, Singapore, SGP, S139959
Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment and the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts and accessories. Geographically, the company derives its maximum revenue from United States.
39GF Score

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Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.29
Price
$0.71
GF Value