Analysts Back Canaan Inc. (CAN) Amid BTC Expansion and New Facilities [Yahoo! Finance]
Canaan Inc. - American Depositary Shares (CAN)
Company Research
Source: Yahoo! Finance
equivalent rating from 86% of the analysts covering the stock. With the median one-year price target of $3, the stock has an upside potential of 281.19%. On December 8, BTIG initiated coverage on Canaan Inc. (NASDAQ:CAN) with a ‘Buy' rating and a price target of $3, according to TheFly. This translates to an upside potential of over 280%. Since 2013, the company has produced ASIC mining rigs and now markets its highly efficient A16 model, while also operating a self-mining fleet across eight global data centers and owning approximately 1,600 BTC, the analyst noted. Photo by Adam Nowakowski on Unsplash Through its vertically integrated strategy, Canaan Inc. (NASDAQ:CAN) remains focused on BTC self-mining expansion, wider rig-manufacturing market share, and power-infrastructure access, BTIG concluded. The company has a dual business model that not only offers mining equipment to third-party operators but also operates its own mining fleet. In the third quarter of 2025, Canaan In
Show less
Read more
Impact Snapshot
Event Time:
CAN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAN alerts
High impacting Canaan Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
CAN
News
- Canaan Inc. Renews Its US$30 Million Share Buyback ProgramPR Newswire
- Canaan (NASDAQ:CAN) had its "buy" rating reaffirmed by analysts at Rosenblatt Securities. They now have a $4.00 price target on the stock.MarketBeat
- Canaan Inc. Provides November 2025 Bitcoin Production and Mining Operation UpdatesPR Newswire
- Canaan (NASDAQ:CAN) was upgraded by analysts at BTIG Research to a "strong-buy" rating.MarketBeat
- Canaan (NASDAQ:CAN) is now covered by analysts at BTIG Research. They set a "buy" rating on the stock.MarketBeat
CAN
Earnings
- 11/18/25 - Beat
CAN
Sec Filings
- 12/17/25 - Form 6-K
- 12/12/25 - Form SCHEDULE
- 12/10/25 - Form 6-K
- CAN's page on the SEC website