Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.5953
-0.0200 (-3.25%)
At close: Feb 3, 2026, 4:00 PM EST
0.5943
-0.0010 (-0.17%)
Pre-market: Feb 4, 2026, 6:37 AM EST

Canaan Stock Forecast

CAN's stock price has decreased by -71.24% 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 $3.56, which forecasts a 498.02% increase in the stock price over the next year. The lowest target is $1.50 and the highest is $8.00.

Price Target: $3.56 (+498.02%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$1.50$3.56$3.00$8.00
Change+151.97%+498.02%+403.95%+1243.9%

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

RatingSep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy566777
Buy000000
Hold111111
Sell000000
Strong Sell000000
Total677888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$4
Strong BuyMaintains$4+571.93%Jan 15, 2026
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$4
Strong BuyMaintains$4+571.93%Dec 15, 2025
BTIG
BTIG
Strong Buy
Initiates
$3
Strong BuyInitiates$3+403.95%Dec 8, 2025
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$3$2.5
Strong BuyMaintains$3$2.5+319.96%Nov 21, 2025
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$4
Strong BuyMaintains$4+571.93%Nov 19, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
516.48M
from 269.32M
Increased by 91.77%
Revenue Next Year
732.70M
from 516.48M
Increased by 41.86%
EPS This Year
-0.36
from -0.92
EPS Next Year
-0.00
from -0.36
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
68.57M772.76M651.53M211.48M269.32M516.48M732.70M
Revenue Growth
-66.44%1,026.92%-15.69%-67.54%27.35%91.77%41.86%
EPS
-0.211.800.41-2.41-0.92-0.36-0.00
EPS Growth
---77.42%----
Forward PE
-------
No. Analysts
-----76
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High550.9M855.1M
Avg516.5M732.7M
Low480.0M601.7M

Revenue Growth

Revenue Growth202520262027
High
104.5%
65.6%
Avg
91.8%
41.9%
Low
78.2%
16.5%

EPS Forecast

EPS202520262027
High-0.330.12
Avg-0.36-0.00
Low-0.39-0.15

EPS Growth

EPS Growth202520262027
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.