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Canaan (CAN) Stock Forecast, Price Target & Predictions

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CAN Stock Forecast

Canaan (CAN) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $2.00, with a high of $2.00 and a low of $2.00. This represents a 185.71% increase from the last price of $0.70.

High: $2 Avg: $2 Low: $2 Last Closed Price: $0.7

CAN Stock Rating

Canaan stock's rating consensus is Buy, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 4 0 4 Strong Sell Sell Hold Buy Strong Buy

CAN Price Target Upside V Benchmarks

TypeNameUpside
StockCanaan185.71%
SectorTechnology Stocks 8.29%
IdeaBlockchain Stocks List14.33%
IdeaCrypto Stocks List18.48%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$2.00
Last Closing Price$0.70$0.70$0.70
Upside/Downside--185.71%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 2515---6
May, 2514---5
Apr, 2514---5
Mar, 2513---4
Feb, 2513---4
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 18, 2024Nick GilesB.Riley Financial$2.00$1.0885.19%185.71%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
May 06, 2025BenchmarkBuyinitialise
Mar 18, 2025Compass PointBuyinitialise
Sep 18, 2024B. RileyBuyinitialise

Financial Forecast

EPS Forecast

$-10 $-5 $0 $5 $10 $15 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$1.87$4.21----
Avg Forecast$10.63$5.77$-0.92$-3.47$2.65$3.18
High Forecast$11.41$7.12$-0.60$-3.37$13.27$4.17
Low Forecast$9.73$4.89$-1.38$-3.51$-7.96$2.20
Surprise %-82.41%-27.04%----

Revenue Forecast

$0 $900M $2B $3B $4B $5B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$782.34M$4.38B$211.48M---
Avg Forecast$724.53M$635.20M$196.65M$260.68M$620.98M$688.42M
High Forecast$765.38M$749.40M$272.35M$261.14M$860.01M$953.41M
Low Forecast$677.23M$560.47M$143.76M$260.21M$453.97M$503.27M
Surprise %7.98%589.38%7.54%---

Net Income Forecast

$-25B $-13B $-1B $11B $23B $35B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$309.09M$658.25M$-414.15M---
Avg Forecast$1.83B$14.88B$-2.93B$-8.88B$43.26M$8.21B
High Forecast$1.96B$18.35B$-1.54B$-8.70B$34.22B$10.76B
Low Forecast$1.67B$12.60B$-3.56B$-9.06B$-20.53B$5.66B
Surprise %-83.09%-95.58%-85.88%---

CAN Forecast FAQ

Is Canaan stock a buy?

Canaan stock has a consensus rating of Buy, based on 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Canaan is a favorable investment for most analysts.

What is Canaan's price target?

Canaan's price target, set by 4 Wall Street analysts, averages $2 over the next 12 months. The price target range spans from $2 at the low end to $2 at the high end, suggesting a potential 185.71% change from the previous closing price of $0.7.

How does Canaan stock forecast compare to its benchmarks?

Canaan's stock forecast shows a 185.71% upside, outperforming the average forecast for the technology stocks sector (8.29%), leading the blockchain stocks list (14.33%) and crypto stocks list (18.48%) investment ideas.

What is the breakdown of analyst ratings for Canaan over the past three months?

  • June 2025: 16.67% Strong Buy, 83.33% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 20.00% Strong Buy, 80.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 20.00% Strong Buy, 80.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Canaan’s EPS forecast?

Canaan's average annual EPS forecast for its fiscal year ending in December 2024 is $-3.47, marking a 0% decrease from the reported $0 in 2023. Estimates for the following years are $2.65 in 2025, and $3.18 in 2026.

What is Canaan’s revenue forecast?

Canaan's average annual revenue forecast for its fiscal year ending in December 2024 is $260.68M, reflecting a 23.27% increase from the reported $211.48M in 2023. The forecast for 2025 is $620.98M, and $688.42M for 2026.

What is Canaan’s net income forecast?

Canaan's net income forecast for the fiscal year ending in December 2024 stands at $-8.881B, representing an 2044.50% increase from the reported $-414M in 2023. Projections indicate $43.26M in 2025, and $8.21B in 2026.