Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.480
-0.029 (-5.72%)
At close: Mar 3, 2026, 4:00 PM EST
0.483
+0.003 (0.67%)
After-hours: Mar 3, 2026, 7:59 PM EST

Canaan Stock Forecast

CAN's stock price has decreased by -63.37% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Canaan stock have an average target of 3.09, with a low estimate of 1.50 and a high estimate of 8.00. The average target predicts an increase of 543.88% from the current stock price of 0.48.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $1.50 $3.09 $2.50 $8.00
Change +212.57% +543.88% +420.94% +1567.0%

Analyst Ratings

The average analyst rating for Canaan stock from 8 stock analysts 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 Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy 566777
Buy 000000
Hold 111111
Sell 000000
Strong Sell 000000
Total 677888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$2.25
Strong Buy Maintains $2.25 +368.85% Feb 24, 2026
Benchmark
Benchmark
Strong Buy
Maintains
$4$2
Strong Buy Maintains $4$2 +316.75% Feb 11, 2026
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$2.5$2.25
Strong Buy Maintains $2.5$2.25 +368.85% Feb 11, 2026
BTIG
BTIG
Strong Buy
Reiterates
$3
Strong Buy Reiterates $3 +525.13% Feb 11, 2026
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$4$2.5
Strong Buy Maintains $4$2.5 +420.94% Feb 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
493.46M
from 529.74M
Decreased by -6.85%
Revenue Next Year
733.27M
from 493.46M
Increased by 48.60%
EPS This Year
-0.25
from -0.45
EPS Next Year
0.09
from -0.25
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
772.76M651.53M211.48M269.32M529.74M493.46M733.27M
Revenue Growth
1,026.92%-15.69%-67.54%27.35%96.69%-6.85%48.60%
EPS
1.800.41-2.41-0.92-0.45-0.250.09
EPS Growth
--77.42%-----
Forward PE
------5.28
No. Analysts -----62
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027
High 846.3M 956.5M
Avg 493.5M 733.3M
Low 331.3M 562.5M

Revenue Growth

Revenue Growth 20262027
High
59.8%
93.8%
Avg
-6.8%
48.6%
Low
-37.5%
14.0%

EPS Forecast

EPS 20262027
High 0.12 0.09
Avg -0.25 0.09
Low -1.28 0.09

EPS Growth

EPS Growth 20262027
High - -
Avg - -
Low - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.