Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.5989
+0.0213 (3.69%)
At close: Jun 6, 2025, 4:00 PM
0.5972
-0.0017 (-0.28%)
After-hours: Jun 6, 2025, 7:59 PM EDT
Canaan Stock Forecast
Stock Price Forecast
According to 5 professional analysts, the 12-month price target for Canaan stock ranges from a low of $2.00 to a high of $5.00. The average analyst price target of $2.90 forecasts a 384.22% increase in the stock price over the next year.
Price Target: $2.90 (+384.22%)
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $8 → $5 | Strong Buy | Maintains | $8 → $5 | +734.86% | May 21, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $3 → $2 | Strong Buy | Maintains | $3 → $2 | +233.95% | May 21, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $8 | Strong Buy | Maintains | $8 | +1,235.78% | May 15, 2025 |
| Benchmark | Benchmark | Strong Buy Initiates $3 | Strong Buy | Initiates | $3 | +400.92% | May 6, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $8 | Strong Buy | Maintains | $8 | +1,235.78% | Apr 11, 2025 |
Financial Forecast
Revenue This Year
710.47M
from 269.32M
Increased by 163.80%
Revenue Next Year
930.68M
from 710.47M
Increased by 30.99%
EPS This Year
0.27
from -0.92
EPS Next Year
0.59
from 0.27
Increased by 119.70%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 1.0B | 1.1B |
| Avg | 710.5M | 930.7M |
| Low | 522.8M | 863.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 286.2% | 47.8% |
| Avg | 163.8% | 31.0% |
| Low | 94.1% | 21.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.30 | 1.32 |
| Avg | 0.27 | 0.59 |
| Low | -0.08 | 0.18 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | - | 396.2% |
| Avg | - | 119.7% |
| Low | - | -33.8% |
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.