Next Generation ASICs Will Drive Global Blockchain Expansion

AN

AnalystHighTarget

Not Invested

Community Contributor

Published

22 Aug 25

Updated

01 Apr 26

Views

154

01 Apr

US$0.41

AnalystHighTarget's Fair Value

US$2.99

86.1% undervalued

1Y

-34.5%

7D

-17.1%

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1Y

-34.5%

7D

-17.1%

You can edit this narrative until Apr 2 11:10 AM. Then, changes will post as Updates.

Author's Valuation

US$2.9986.1% undervalued

AnalystHighTarget Fair Value

Shared on 01 Apr 26

CAN: Bitcoin Mining Expansion And Heat Recovery Project Will Support Future Upside Potential

Analysts have nudged their price target for Canaan slightly lower to $2.99, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. What's in the News Canaan reported unaudited production results for February 2026, with 86 Bitcoins mined for the month.

7 views

Shared on 17 Mar 26

CAN: Bitcoin Mining Output And Heat Recovery Project Will Support Future Upside Potential

Analysts have adjusted their price target on Canaan, citing updates to fair value estimates around $2.99, a discount rate of about 8.42%, revenue growth expectations near 31.39%, profit margin assumptions of roughly 6.09%, and a forward P/E of about 42.25x as the key drivers of the change. What's in the News Canaan reported unaudited production results for February 2026, with 86 Bitcoins mined for the month.

13 views

Shared on 03 Mar 26

Fair value Decreased 25%

CAN: Bitcoin Mining And Buyback Activity Will Underpin Future Upside Potential

Analysts have reduced their fair value estimate for Canaan from $4.00 to about $2.99, citing updated assumptions for revenue growth, profit margins, the discount rate, and a much higher assumed future P/E of roughly 62x compared with about 6x previously. What's in the News Canaan reported unaudited production results for January 2026, with 83 Bitcoins mined for the month.

10 views

Valuator

Company Info

Notes

AnalystHighTarget Fair Value

US$2.99

86.1% undervalued

Future estimation in

Revenue

Profit Margin

Future PE

Est. Revenue

$

Forecast revenue growth rate

13.32%

Historical revenue growth rate

-10.11%

Tech Hardware revenue growth rate

0.53%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.63%

Calculation

US$75.37m

Earnings '29

x

41.15x

PE Ratio '29

=

US$3.10b

Market Cap '29

US$3.10b

Market Cap '29

/

811.73m

No. shares '29

=

US$3.82

Share Price '29

US$3.82 Share Price '29

Discounted to 2026 @ 8.52% p.a.

=

US$2.99

Fair Value '26