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    DA Davidson initiated coverage on Canaan with a new price target

    4/5/22 8:46:14 AM ET
    $CAN
    Semiconductors
    Technology
    Get the next $CAN alert in real time by email
    DA Davidson initiated coverage of Canaan with a rating of Buy and set a new price target of $15.00
    Get the next $CAN alert in real time by email

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    Recent Analyst Ratings for
    $CAN

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    6/18/2025$1.50Market Perform
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    5/6/2025$3.00Buy
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    • Canaan Inc. to Produce A15Pro Miners for Cipher Mining

      Orders to be fulfilled by U.S. and Malaysian facilitiesExpected to bolster hashrate at Cipher's Black Pearl facility SINGAPORE, July 17, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its U.S. subsidiary has entered into a purchase agreement with Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher") to supply approximately 6,840 Avalon A15Pro miners to Cipher's Black Pearl facility in the third quarter of 2025. The units will be fulfilled by Canaan's U.S. and Malaysian facilities. This agreement marks Canaan's first major initiative to offer large-scale domestic manufacturing support for U.S.-based bitcoin mining customer

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      SINGAPORE, July 7, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending June 30, 2025. Management Commentary "Our June production numbers demonstrated the resilience of our mining operations," said Nangeng Zhang, chairman and chief executive officer of Canaan, "Following a record-breaking May, June production totaled 88 bitcoins, primarily due to a temporary reduction in operating hashrate. The decrease was primarily due to reduced uptime from weather-related curtailment and maintenance. During the month, certain areas of Texas were impacted by both severe storms and

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    • SEC Form 6-K filed by Canaan Inc.

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      7/18/25 6:02:03 AM ET
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      6-K - Canaan Inc. (0001780652) (Filer)

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    • Northland Capital initiated coverage on Canaan with a new price target

      Northland Capital initiated coverage of Canaan with a rating of Market Perform and set a new price target of $1.50

      6/18/25 9:14:15 AM ET
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