Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.9106
-0.0062 (-0.68%)
At close: Mar 28, 2025, 4:00 PM
0.9099
-0.0007 (-0.08%)
After-hours: Mar 28, 2025, 7:59 PM EDT
Canaan Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Canaan stock have an average target of 3.88, with a low estimate of 2.00 and a high estimate of 8.00. The average target predicts an increase of 326.09% from the current stock price of 0.91.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Canaan stock from 4 stock analysts 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 '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 4 |
| 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 | 4 | 4 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +229.45% | Mar 27, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $8 | Strong Buy | Maintains | $8 | +778.54% | Mar 27, 2025 |
| Compass Point | Compass Point | Strong Buy Initiates $2.5 | Strong Buy | Initiates | $2.5 | +174.54% | Mar 18, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $8 | Strong Buy | Maintains | $8 | +778.54% | Mar 17, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $8 | Strong Buy | Maintains | $8 | +778.54% | Mar 11, 2025 |
Financial Forecast
Revenue This Year
542.64M
from 269.32M
Increased by 101.48%
Revenue Next Year
785.47M
from 542.64M
Increased by 44.75%
EPS This Year
0.02
from -0.92
EPS Next Year
0.36
from 0.02
Increased by 1,919.03%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 680.2M | 954.9M |
| Avg | 542.6M | 785.5M |
| Low | 458.6M | 633.1M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 152.6% | 76.0% |
| Avg | 101.5% | 44.7% |
| Low | 70.3% | 16.7% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.25 | 0.64 |
| Avg | 0.02 | 0.36 |
| Low | -0.08 | 0.18 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | - | 3,523.8% |
| Avg | - | 1,919.0% |
| Low | - | 898.0% |
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.