Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.3000
+0.0052 (1.76%)
At close: Oct 9, 2026, 4:00 PM EDT
0.3016
+0.0016 (0.53%)
After-hours: Oct 9, 2026, 7:51 PM EDT

Canaan Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Canaan stock has a consensus rating of "Strong Buy" and an average price target of $1.39. The average 1-year stock price forecast is 363.33% higher than the current stock price, while the lowest is $0.75 (+150.00%) and the highest is $2.10 (+600.00%).

Price Target: $1.39 (+363.33%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$0.75$1.39$1.25$2.10
Change+150.00%+363.33%+316.67%+600.00%

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

Chart
RatingFeb '26Mar '26May '26Jul '26Sep '26Oct '26
Strong Buy666566
Buy000000
Hold111100
Sell000000
Strong Sell000000
Total777666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
B. Riley Securities
B. Riley Securities
Buy
Maintains
$2 → $1.5
BuyMaintains$2 → $1.5+400.00%Oct 1, 2026
BTIG
BTIG
Buy
Reiterates
$3 → $2
BuyReiterates$3 → $2+566.67%Sep 9, 2026
Rosenblatt Securities
Rosenblatt Securities
Buy
Maintains
$1.3
BuyMaintains$1.3+333.33%May 21, 2026

Financial Forecast

Revenue This Year
141.12M
from 529.74M
Decreased by -73.36%
Revenue Next Year
240.50M
from 141.12M
Increased by 70.43%
EPS This Year
-0.36
from -0.22
EPS Next Year
-0.17
from -0.36
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
772.76M651.53M211.48M269.32M529.74M141.12M
Revenue Growth
1,026.92%-15.69%-67.54%27.35%96.69%-73.36%
Gross Profit
441.76M230.29M-240.78M-84.32M41.16M27.80M
Gross Margin
57.17%35.35%-113.86%-31.31%7.77%19.70%
Operating Income
282.97M42.94M-389.76M-223.04M-103.64M-220.13M
Net Income
309.09M69.88M-414.15M-249.75M-210.27M-285.37M
EPS
-----0.22-0.36
Free Cash Flow
-----295.83M-188.10M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High158.5M
Avg141.1M
Low120.2M

Revenue Growth

Revenue Growth202620272028
High
-70.1%
Avg
-73.4%
Low
-77.3%

EPS Forecast

EPS202620272028
High-0.30
Avg-0.36
Low-0.49

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-