Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.8345
-0.0480 (-5.44%)
At close: May 14, 2025, 4:00 PM
0.8381
+0.0036 (0.43%)
After-hours: May 14, 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 $8.00. The average analyst price target of $3.70 forecasts a 343.38% increase in the stock price over the next year.
Price Target: $3.70 (+343.38%)
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 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 | 3 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Initiates $3 | Strong Buy | Initiates | $3 | +259.50% | May 6, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $8 | Strong Buy | Maintains | $8 | +858.66% | Apr 11, 2025 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +259.50% | Mar 27, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $8 | Strong Buy | Maintains | $8 | +858.66% | Mar 27, 2025 |
| Compass Point | Compass Point | Strong Buy Initiates $2.5 | Strong Buy | Initiates | $2.5 | +199.58% | Mar 18, 2025 |
Financial Forecast
Revenue This Year
719.05M
from 269.32M
Increased by 166.98%
Revenue Next Year
956.06M
from 719.05M
Increased by 32.96%
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 | 1.4B |
| Avg | 719.1M | 956.1M |
| Low | 458.6M | 633.1M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 286.2% | 97.2% |
| Avg | 167.0% | 33.0% |
| Low | 70.3% | -12.0% |
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.