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CAN Canaan Inc. only 8.87 P/E Ratio (TTM)

Long
NASDAQ:CAN   Canaan Inc.
Net revenue in Q4 increased by more than 5,700%;
Gross profit of $233 million VS last year's profit of $1.4 million;
Full year net revenue of $783 million VS $70 million for 2020;
Net income $314 million VS $34 million loss the year prior;
CAN Canaan 8.87 P/E Ratio (TTM).

Based on financials and technical analysis, i think $7.25 and $10.10 are possible targets.

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