Canaan Stock Forecast

CAN's stock price has decreased by -67.79% in the past year and price targets may not have had time to catch up.

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 $1.72. The average 1-year stock price forecast is 704.49% higher than the current stock price, while the lowest is $0.90 (+320.95%) and the highest is $3.00 (+1,303.18%).

Price Target: $1.72 (+704.49%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$0.90	$1.72	$1.65	$3.00
Change	+320.95%	+704.49%	+671.75%	+1303.2%

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

Rating	Dec '25	Jan '26	Feb '26	Mar '26	May '26	Jul '26
Strong Buy	6	6	6	6	6	5
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	7	7	7	7	7	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gregory Lewis BTIG	BTIG	Buy Maintains $3	Buy	Maintains	$3	+1,303.18%	Jul 24, 2026
Kevin Cassidy Rosenblatt Securities	Rosenblatt Securities	Buy Maintains $1.3	Buy	Maintains	$1.3	+508.04%	May 21, 2026
Kevin Dede H.C. Wainwright	H.C. Wainwright	Buy Maintains $1.5	Buy	Maintains	$1.5	+601.59%	Feb 24, 2026
Mark Palmer Benchmark Co.	Benchmark Co.	Buy Maintains $4 → $2	Buy	Maintains	$4 → $2	+835.45%	Feb 11, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

269.23M

from 529.74M

-49.18%

from 529.74M

Revenue Next Year

638.47M

from 269.23M

137.15%

from 269.23M

EPS This Year

-0.77

from -0.22

EPS Next Year

-0.24

from -0.77

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	269.23M
Revenue Growth	1,026.92%	-15.69%	-67.54%	27.35%	96.69%	-49.18%
Gross Profit	441.76M	230.29M	-240.78M	-84.32M	41.16M	53.04M
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	-171.37M
Net Income	309.09M	69.88M	-414.15M	-249.75M	-210.27M	-214.39M
EPS	-	-	-	-	-0.22	-0.77
Free Cash Flow	172.54M	-190.66M	108.52M	-34.86M	-194.35M	-188.10M
No. Analysts	-	-	-	-	-	4

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

Revenue Forecast

Chart

Revenue	2026	2027
High	344.5M
Avg	269.2M
Low	217.7M

Revenue Growth

Chart

Revenue Growth	2026	2027
High	-35.0%
Avg	-49.2%
Low	-58.9%

EPS Forecast

Chart

EPS	2026	2027
High	-0.25
Avg	-0.77
Low	-1.74

EPS Growth

Chart

EPS Growth	2026	2027
High	-
Avg	-
Low	-