Sustainable Mining Operations And North American Expansion Will Drive Industry Resilience

AN

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

25 Apr 25

Updated

30 Apr 26

Views

770

30 Apr

US$0.36

AnalystConsensusTarget's Fair Value

US$2.05

82.5% undervalued

1Y

-40.2%

7D

-13.4%

Loading

1Y

-40.2%

7D

-13.4%

You can edit this narrative until May 1 5:10 PM. Then, changes will post as Updates.

Author's Valuation

US$2.0582.5% undervalued

AnalystConsensusTarget Fair Value

Shared on 30 Apr 26

CAN: Tether Immersion Mining Partnership Will Support Future Upside Potential

Analysts have kept their Canaan price target steady at $2.05, citing largely unchanged assumptions around the discount rate, revenue growth, profit margin, and future P/E. Together, these factors suggest a similar risk and return profile to prior views.

25 views

Shared on 15 Apr 26

Fair value Decreased 3.37%

CAN: Bitcoin Self Mining Expansion Will Support Future Upside Potential

Analysts have lowered their price target on Canaan to $2.05 from $2.12, reflecting updated views that incorporate higher assumed revenue growth, lower profit margin expectations, and a higher future P/E multiple. What's in the News Canaan reported unaudited production results for February 2026, with 86 Bitcoins mined for the month (company announcement).

4 views

Shared on 17 Feb 26

Fair value Decreased 27%

CAN: Self Mining Expansion And Share Buybacks Will Support Future Upside

Analysts have trimmed their price target on Canaan to $2.12 from $2.91, as updated assumptions reflect a lower revenue growth rate and a higher discount rate, partially offset by a higher projected profit margin and a slightly lower future P/E multiple. What's in the News Canaan reported unaudited production results for January 2026, with 83 Bitcoins mined for the month (company announcement of operating results).

22 views

Shared on 03 Feb 26

CAN: Self Mining Expansion And Share Buybacks Will Support Long Term Upside

Analysts have trimmed their price targets for Canaan to reflect a slightly higher discount rate and lower assumed future P/E, partly offset by a more optimistic profit margin outlook. This has resulted in a modestly reduced fair value estimate that incorporates these updated assumptions.

32 views

Shared on 20 Jan 26

CAN: Clean Energy Mining Buildout And Buybacks Will Support Long Term Upside

Analysts have slightly reduced their price target on Canaan to reflect minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, while keeping their fair value estimate unchanged. What's in the News Canaan reported unaudited 2025 production results, with 1,091 BTC mined, 128 BTC acquired through market purchases, 776 BTC used for power-related expenditures, 13 BTC from sales-related income, 0.83 BTC in interest income, and total bitcoin holdings of 1,750 BTC as of December 31, 2025 (Company announcement of operating results).

23 views

Shared on 19 Dec 25

Fair value Increased 0.53%

CAN: Clean Energy Mining Expansion Will Drive Long Term Upside Potential

Analysts have slightly raised their price target on Canaan to reflect a modest uptick in fair value to approximately $2.91, supported by expectations of stronger long term earnings multiples, despite slightly softer forecasts for revenue growth and profit margins. What's in the News Canaan launched its next generation Avalon A16 series bitcoin mining machines, including the A16XP model delivering 300 TH/s at 12.8 J/TH, reinforcing its vertically integrated bitcoin infrastructure strategy and expanding global pre orders and shipments from production centers across North America, East Asia, and Southeast Asia (company announcement).

30 views

Shared on 05 Dec 25

Fair value Decreased 2.80%

CAN: Clean Energy Mining Deployments Will Drive Upside Potential

Analysts have nudged their price target for Canaan slightly lower to approximately $2.89 per share from about $2.98, as stronger projected revenue growth and profit margins are offset by a meaningfully compressed expected future P E multiple. What's in the News Canaan issued fourth quarter 2025 revenue guidance of USD 175 million to USD 205 million, signaling expectations for solid near term demand despite market volatility (company guidance).

32 views

Shared on 21 Nov 25

CAN: North American Projects And Clean Energy Initiatives Will Support Upside

Analysts have lowered their price target for Canaan to $2.98 per share, citing a reduced outlook for revenue growth and profit margins. This comes despite a modest improvement in the discount rate estimate.

25 views

Shared on 07 Nov 25

CAN: North American Expansion And Energy Deals Will Drive Stronger Performance

Narrative Update on Canaan Analyst Price Target Analysts have maintained their price target for Canaan at $2.98, citing stability in fair value estimates. This decision comes despite an improved profit margin and a slightly higher discount rate.

34 views

Shared on 24 Oct 25

Fair value Increased 22%

Analysts have raised their price target for Canaan from $2.43 to $2.98. They cite adjustments to valuation metrics that reflect a slightly lower discount rate, but also tempered expectations around revenue growth and profit margin.

24 views

Shared on 15 Aug 25

With consensus estimates for Canaan’s future P/E and net profit margin holding steady, analyst fair value estimates remain unchanged at $2.43. What's in the News Canaan withdrew its full-year 2025 revenue guidance due to new U.S. tariffs impacting the bitcoin mining industry, but provided Q2 and Q3 revenue guidance of approximately $100 million and $125–$145 million, respectively.

1 view

Shared on 01 May 25

Fair value Decreased 8.90%

0 views

Valuator

Company Info

Notes

AnalystConsensusTarget Fair Value

US$2.05

82.5% 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

0.56%

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

8.79%

Calculation

US$64.11m

Earnings '29

x

33.30x

PE Ratio '29

=

US$2.14b

Market Cap '29

US$2.14b

Market Cap '29

/

817.93m

No. shares '29

=

US$2.61

Share Price '29

US$2.61 Share Price '29

Discounted to 2026 @ 8.43% p.a.

=

US$2.05

Fair Value '26