Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.4839
-0.0165 (-3.30%)
May 18, 2026, 3:13 PM EDT - Market open
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 $2.05. The average 1-year stock price forecast is 323.64% higher than the current stock price, while the lowest is $1.50 (+209.98%) and the highest is $3.00 (+519.96%).
Price Target: $2.05 (+323.64%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 16, 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
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 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 | 8 | 8 | 8 | 8 | 8 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $2.25 | Strong Buy | Maintains | $2.25 | +364.97% | Mar 16, 2026 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $2.25 | Strong Buy | Maintains | $2.25 | +364.97% | Feb 24, 2026 |
| Benchmark | Benchmark | Strong Buy Maintains $4 → $2 | Strong Buy | Maintains | $4 → $2 | +313.31% | Feb 11, 2026 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $2.5 → $2.25 | Strong Buy | Maintains | $2.5 → $2.25 | +364.97% | Feb 11, 2026 |
| BTIG | BTIG | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +519.96% | Feb 11, 2026 |
Financial Forecast
Revenue This Year
445.03M
from 529.74M
Decreased by -15.99%
Revenue Next Year
728.23M
from 445.03M
Increased by 63.64%
EPS This Year
-0.08
from -0.45
EPS Next Year
-0.13
from -0.08
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 592.3M | 935.6M |
| Avg | 445.0M | 728.2M |
| Low | 331.3M | 562.5M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 11.8% | 110.2% |
| Avg | -16.0% | 63.6% |
| Low | -37.5% | 26.4% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | -0.01 | 0.04 |
| Avg | -0.08 | -0.13 |
| Low | -0.24 | -0.27 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.