Canaan (CAN) – Investment Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Canaan (NASDAQ: CAN):

• 1/17/2026 – Canaan was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating.
• 1/16/2026 – Canaan had its “buy” rating reaffirmed by analysts at BTIG Research.
• 1/15/2026 – Canaan had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $4.00 price target on the stock.
• 1/3/2026 – Canaan was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating.
• 12/20/2025 – Canaan was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating.
• 12/15/2025 – Canaan had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $4.00 price target on the stock.
• 12/8/2025 – Canaan is now covered by analysts at BTIG Research. They set a “buy” rating and a $3.00 price target on the stock.
• 12/8/2025 – Canaan is now covered by analysts at BTIG Research. They set a “buy” rating and a $3.00 price target on the stock.

Canaan Inc is a China-based technology company specializing in the design and manufacture of high-performance computing hardware for the digital currency and blockchain industry. The company’s core business revolves around application-specific integrated circuit (ASIC) miners, which are purpose-built machines optimized for cryptocurrency mining. By focusing on energy efficiency and processing power, Canaan’s mining rigs aim to deliver competitive hash rates while managing power consumption in large-scale operations.

The flagship product line, known as AvalonMiner, encompasses a range of models tailored to different scales of mining activity, from small-scale hobbyist setups to industrial farms.