Canaan Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Canaan stock has a consensus rating of "Strong Buy" and an average price target of $1.69. The average 1-year stock price forecast is 371.94% higher than the current stock price, while the lowest is $0.90 (+151.33%) and the highest is $3.00 (+737.75%).

Price Target: $1.69 (+371.94%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$0.90	$1.69	$1.50	$3.00
Change	+151.33%	+371.94%	+318.88%	+737.75%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	May '26
Strong Buy	5	6	6	6	6	6
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kevin Cassidy Rosenblatt Securities	Rosenblatt Securities	Buy Maintains $1.3	Buy	Maintains	$1.3	+263.03%	May 21, 2026
Kevin Dede H.C. Wainwright	H.C. Wainwright	Buy Maintains $1.5	Buy	Maintains	$1.5	+318.88%	Feb 24, 2026
Mark Palmer Benchmark Co.	Benchmark Co.	Buy Maintains $4 → $2	Buy	Maintains	$4 → $2	+458.50%	Feb 11, 2026
Gregory Lewis BTIG	BTIG	Buy Reiterates $3	Buy	Reiterates	$3	+737.75%	Feb 11, 2026
Michael Grondahl Northland Securities	Northland Securities	Hold Maintains $1.75	Hold	Maintains	$1.75	+388.69%	Jan 15, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

312.57M

from 529.74M

-41.00%

from 529.74M

Revenue Next Year

646.78M

from 312.57M

106.92%

from 312.57M

EPS This Year

-0.76

from -0.22

EPS Next Year

-0.23

from -0.76

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	772.76M	651.53M	211.48M	269.32M	529.74M	312.57M
Revenue Growth	1,026.92%	-15.69%	-67.54%	27.35%	96.69%	-41.00%
Gross Profit	441.76M	230.29M	-240.78M	-84.32M	41.16M	61.58M
Gross Margin	57.17%	35.35%	-113.86%	-31.31%	7.77%	19.70%
Operating Income	282.97M	42.94M	-389.76M	-223.04M	-103.64M	-138.92M
Net Income	309.09M	69.88M	-414.15M	-249.75M	-210.27M	-188.53M
EPS	-	-	-	-	-0.22	-0.76
Free Cash Flow	172.54M	-190.66M	108.52M	-34.86M	-194.35M	-188.10M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027
High	470.3M
Avg	312.6M
Low	217.7M

Revenue Growth

Revenue Growth	2026	2027
High	-11.2%
Avg	-41.0%
Low	-58.9%

EPS Forecast

EPS	2026	2027
High	-
Avg	-0.76
Low	-

EPS Growth

EPS Growth	2026	2027
High	-
Avg	-
Low	-