Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.8990
-0.0552 (-5.78%)
At close: Jul 18, 2025, 4:00 PM
0.9100
+0.0110 (1.22%)
After-hours: Jul 18, 2025, 7:59 PM EDT
Canaan Stock Forecast
Stock Price Forecast
The 6 analysts that cover Canaan stock have a consensus rating of "Strong Buy" and an average price target of $2.67, which forecasts a 197% increase in the stock price over the next year. The lowest target is $1.5 and the highest is $5.
Price Target: $2.67 (+197%)
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 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 5 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $3 → $2 | Strong Buy | Maintains | $3 → $2 | +122.47% | Jul 10, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +456.17% | Jul 8, 2025 |
| Northland Capital Markets | Northland Capital Markets | Hold Initiates $1.5 | Hold | Initiates | $1.5 | +66.85% | Jun 18, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +456.17% | Jun 16, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $8 → $5 | Strong Buy | Maintains | $8 → $5 | +456.17% | May 21, 2025 |
Financial Forecast
Revenue This Year
580.85M
from 269.32M
Increased by 115.67%
Revenue Next Year
951.12M
from 580.85M
Increased by 63.75%
EPS This Year
-1.24
from -0.92
EPS Next Year
0.39
from -1.24
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 717.8M | 1.1B |
| Avg | 580.9M | 951.1M |
| Low | 427.8M | 865.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 166.5% | 80.8% |
| Avg | 115.7% | 63.7% |
| Low | 58.8% | 49.0% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.05 | 0.62 |
| Avg | -1.24 | 0.39 |
| Low | -3.66 | 0.19 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| 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.