Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.3800
-0.0630 (-14.22%)
At close: Aug 28, 2026, 4:00 PM EDT
0.3900
+0.0100 (2.63%)
After-hours: Aug 28, 2026, 7:56 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 $1.72. The average 1-year stock price forecast is 352.63% higher than the current stock price, while the lowest is $0.90 (+136.84%) and the highest is $3.00 (+689.47%).

Price Target: $1.72 (+352.63%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$0.90$1.72$1.65$3.00
Change+136.84%+352.63%+334.21%+689.47%
* Price targets were last updated on Jul 24, 2026.

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
RatingDec '25Jan '26Feb '26Mar '26May '26Jul '26
Strong Buy666665
Buy000000
Hold111111
Sell000000
Strong Sell000000
Total777776

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BTIG
BTIG
Buy
Maintains
$3
BuyMaintains$3+689.47%Jul 24, 2026
Rosenblatt Securities
Rosenblatt Securities
Buy
Maintains
$1.3
BuyMaintains$1.3+242.11%May 21, 2026

Financial Forecast

Revenue This Year
269.23M
from 529.74M
Decreased by -49.18%
Revenue Next Year
638.47M
from 269.23M
Increased by 137.15%
EPS This Year
-0.77
from -0.22
EPS Next Year
-0.24
from -0.77
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
772.76M651.53M211.48M269.32M529.74M269.23M
Revenue Growth
1,026.92%-15.69%-67.54%27.35%96.69%-49.18%
Gross Profit
441.76M230.29M-240.78M-84.32M41.16M53.04M
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-171.37M
Net Income
309.09M69.88M-414.15M-249.75M-210.27M-214.39M
EPS
-----0.22-0.77
Free Cash Flow
172.54M-190.66M108.52M-34.86M-194.35M-188.10M
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue20262027
High344.5M
Avg269.2M
Low217.7M

Revenue Growth

Revenue Growth20262027
High
-35.0%
Avg
-49.2%
Low
-58.9%

EPS Forecast

EPS20262027
High-0.25
Avg-0.77
Low-1.74

EPS Growth

EPS Growth20262027
High-
Avg-
Low-