StreetInsider.com News Articles

Form POS AM Canaan Inc.

Fri, 22 May 2026 16:06:00 -0400

si-local-file:///var/storage/secattach/20260522/26541512.html

Form POS AM Canaan Inc.

Fri, 22 May 2026 16:06:00 -0400

si-local-file:///var/storage/secattach/20260522/26541512.html

Canaan Inc. (CAN) PT Lowered to $1 at Benchmark

Wed, 20 May 2026 09:10:29 -0400

Benchmark analyst Mark Palmer lowered the price target on Canaan Inc. (NASDAQ: CAN) to $1.00 (from $2.00) while maintaining a Buy rating.

Canaan Inc. (CAN) PT Lowered to $1.30 at Rosenblatt

Wed, 20 May 2026 06:58:21 -0400

(Updated - May 20, 2026 6:58 AM EDT)

Rosenblatt analyst Kevin Cassidy lowered the price target on Canaan Inc. (NASDAQ: CAN) to $1.30 (from $2.25) while maintaining a Buy rating.

The analyst commented: "With declining bitcoin prices and increasing energy costs Canaan managed to report revenue inline with guidance though profitability suffered. For the longer term we see management making strategic moves to a more vertically integrated bitcoin miner while diversifying into home markets and cutting costs. We are lowering our revenue estimates and our 12-month price target to $1.30."

Canaan Inc. (CAN) PT Lowered to $1.30 at Rosenblatt

Wed, 20 May 2026 06:58:21 -0400

(Updated - May 20, 2026 6:58 AM EDT)

Rosenblatt analyst Kevin Cassidy lowered the price target on Canaan Inc. (NASDAQ: CAN) to $1.30 (from $2.25) while maintaining a Buy rating.

BTIG Reiterates Buy Rating on Canaan Inc. (CAN)

Tue, 19 May 2026 09:49:32 -0400

BTIG analyst Gregory Lewis reiterated a Buy rating and $3.00 price target on Canaan Inc. (NASDAQ: CAN).

The analyst commented: "CAN reported 1Q26 earnings this morning (BMO) with revenue of ~$63M coming in ~3% below consensus of ~$65M but within the previous guidance range of $60M-$70M. The slight miss was driven by mining revenue of ~$19M coming in ~9% below consensus while product sales were in line with consensus at ~$43M. Product sales for the quarter were down ~74% sequentially, driven by drops in both computing power sold and ASPs as struggling BTC prices created demand headwinds. Turning to mining, CAN

Form 6-K Canaan Inc. For: May 19

Tue, 19 May 2026 06:56:00 -0400

si-local-file:///var/storage/secattach/20260519/26516969.html

Form 6-K Canaan Inc. For: May 19

Tue, 19 May 2026 06:56:00 -0400

si-local-file:///var/storage/secattach/20260519/26516969.html

Form 6-K Canaan Inc. For: May 19

Tue, 19 May 2026 06:53:00 -0400

si-local-file:///var/storage/secattach/20260519/26516930.html

Form 6-K Canaan Inc. For: May 19

Tue, 19 May 2026 06:53:00 -0400

si-local-file:///var/storage/secattach/20260519/26516930.html

Canaan Inc. (CAN) Misses Q2 EPS by 83c ; Offers Guidance

Tue, 19 May 2026 06:33:04 -0400

Canaan Inc. (NASDAQ: CAN) reported Q2 EPS of ($0.86), $0.83 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $62.7 million versus the consensus estimate of $64.68 million.

GUIDANCE:

Canaan Inc. sees Q2 2026 revenue of $35-45 million, versus the consensus of $98.15 million.

For earnings history and earnings-related data on Canaan Inc. (CAN) click here.

Canaan Inc. (CAN) Misses Q2 EPS by 83c ; Offers Guidance

Tue, 19 May 2026 06:33:04 -0400

GUIDANCE:

Canaan Inc. sees Q2 2026 revenue of $35-45 million, versus the consensus of $98.15 million.

For earnings history and earnings-related data on Canaan Inc. (CAN) click here.

Canaan Inc. Reports Unaudited First Quarter 2026 Financial Results

Tue, 19 May 2026 06:30:00 -0400

Revenue of US$62.7 million was in line with guidance; cryptocurrency treasury^[1] reached a record 1,807.60 BTC and 3,951.53 ETH as of March 31, 2026
Installed mining computing power across 10 joint-mining projects reached approximately 11 EH/s, up 10.7% sequentially; Produced 257 bitcoins in Q1
Strategic energy infrastructure footprint expanded through the acquisition of 49% interest in ABC Projects in West Texas from Cipher Mining and Nordic hash-to-heat deployment