Canaan - will it finally skyrocket on Thursday?

Canaan is scheduled to present at the Needham Growth Conference on Thursday, January 15, 2026 at 10:15 a.m. ET. This is an investor conference where the company’s leadership will talk about the business, outlook, strategy, and answer questions from institutional investors and analysts. A little background of the stock : 1. Revenue and Growth Are Actually Picking Up. Canaan has posted big double-digit revenue growth in recent quarters, for example, Q3 2025 saw revenue surge over 100% year-over-year and strong sequential growth, backed by solid mining machine sales and increased bitcoin mining revenue. 2. Record Sales of Mining Machines The company is selling more computing power than before, hitting records in the amount of hashing power shipped. This means demand for its Avalon miners is climbing. 3. Growing Bitcoin Holdings & Mining Revenue Canaan isn’t just a miner-supplier, it mines bitcoin itself. Mining revenue hit new highs and its own BTC holdings have expanded. 4. Strong Analyst Targets & Buy Ratings Several analysts have Buy ratings with upside price targets well above current levels, many in the $2.5–$4 range, and some even higher, suggesting Wall Street sees potential ahead as the business execution improves. 5. Large Orders Back the Demand Story Canaan reported a major order for tens of thousands of mining rigs, its largest U.S. order in years, showing institutional miners are placing serious bets on its products. Yes this stock has been volatile the last couple of months but its future seems bright. Analysts are predicting it to hit atleast 2$ this year. So what are you guys thinking?