29-Jul-2026
No press releases found.
Nano Labs Approves $25 Million Share Buyback: Signaling Confidence with Flexible Approach
Market Chameleon (Wed, 15-Oct 3:08 AM ET)
Market Chameleon (Tue, 23-Sep 4:41 AM ET)
Nano Labs Ltd is a Web 3.0 infrastructure and product solution provider, as well as a crypto treasury company. It is focused on the development of HTC chips and HPC chips. In addition, the company has established BNB value investment and adopted BNB (a crypto token) as the primary reserve asset. Furthermore, it has launched the iPollo Claw, a dedicated hardware solution for the OpenClaw AI Agent Ecosystem. Nano Labs derives revenue mainly from its HTC and HPC offerings, which comprise Darkbird series HPC chips that feature high performance and high energy consumption efficiency, and Cuckoo series chips, used in GPUs. Geographically, the company generates maximum revenue from the People's Republic of China (PRC), and the rest from Singapore, Hong Kong, the United States, and other markets.
Nano Labs - Class A trades on the NASDAQ stock market under the symbol NA.
As of July 29, 2026, NA stock price climbed to $1.82 with 6,800 million shares trading.
NA has a beta of 1.15, meaning it tends to be more sensitive to market movements. NA has a correlation of 0.02 to the broad based SPY ETF.
NA has a market cap of $42.25 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, NA traded as high as $47.50 and as low as $1.58.
NA has underperformed the market in the last year with a return of -74.1%, while the SPY ETF gained +15.7%. In the last 3 month period, NA fell short of the market, returning +1.4%, while SPY returned +2.8%. However, in the most recent 2 weeks NA has outperformed the stock market by returning -0.5%, while SPY returned -3.0%.
NA support price is $1.66 and resistance is $1.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NA shares will trade within this expected range on the day.