Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.4800
+0.0040 (0.84%)
Mar 18, 2026, 9:53 AM EDT - Market open
Canaan Stock Forecast
CAN's stock price has decreased by -57.12% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 8 analysts that cover Canaan stock have a consensus rating of "Strong Buy" and an average price target of $3.09, which forecasts a 543.75% increase in the stock price over the next year. The lowest target is $1.50 and the highest is $8.00.
Price Target: $3.09 (+543.75%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Canaan stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 7 | 7 | 7 | 7 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $2.25 | Strong Buy | Maintains | $2.25 | +368.75% | Mar 16, 2026 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $2.25 | Strong Buy | Maintains | $2.25 | +368.75% | Feb 24, 2026 |
| Benchmark | Benchmark | Strong Buy Maintains $4 → $2 | Strong Buy | Maintains | $4 → $2 | +316.67% | Feb 11, 2026 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $2.5 → $2.25 | Strong Buy | Maintains | $2.5 → $2.25 | +368.75% | Feb 11, 2026 |
| BTIG | BTIG | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +525.00% | Feb 11, 2026 |
Financial Forecast
Revenue This Year
445.03M
from 529.74M
Decreased by -15.99%
Revenue Next Year
728.23M
from 445.03M
Increased by 63.64%
EPS This Year
-0.08
from -0.45
EPS Next Year
-0.12
from -0.08
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 592.3M | 935.6M |
| Avg | 445.0M | 728.2M |
| Low | 331.3M | 562.5M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 11.8% | 110.2% |
| Avg | -16.0% | 63.6% |
| Low | -37.5% | 26.4% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | -0.01 | 0.07 |
| Avg | -0.08 | -0.12 |
| Low | -0.24 | -0.27 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.