Canaan Inc. (CAN)
NASDAQ: CAN · Real-Time Price · USD
0.300
+0.003 (1.01%)
At close: Jun 26, 2026, 4:00 PM EDT
0.308
+0.008 (2.53%)
After-hours: Jun 26, 2026, 7:53 PM EDT
Canaan Stock Forecast
CAN's stock price has decreased by -50.95% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Canaan stock have an average target of 1.91, with a low estimate of 1.30 and a high estimate of 3.00. The average target predicts an increase of 536.03% from the current stock price of 0.30.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 21, 2026.
Analyst Ratings
The average analyst rating for Canaan stock from 7 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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| 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 | 6 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt Securities | Rosenblatt Securities | Buy Maintains $1.3 | Buy | Maintains | $1.3 | +332.90% | May 21, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Maintains $1.5 | Buy | Maintains | $1.5 | +399.50% | Feb 24, 2026 |
| Benchmark Co. | Benchmark Co. | Buy Maintains $4 → $2 | Buy | Maintains | $4 → $2 | +566.00% | Feb 11, 2026 |
| BTIG | BTIG | Buy Reiterates $3 | Buy | Reiterates | $3 | +899.00% | Feb 11, 2026 |
| Northland Securities | Northland Securities | Hold Maintains $1.75 | Hold | Maintains | $1.75 | +482.75% | Jan 15, 2026 |
Financial Forecast
Revenue This Year
312.57M
from 529.74M
Decreased by -41.00%
Revenue Next Year
646.78M
from 312.57M
Increased by 106.92%
EPS This Year
-0.76
from -0.22
EPS Next Year
-0.23
from -0.76
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 470.3M | 891.0M |
| Avg | 312.6M | 646.8M |
| Low | 217.7M | 455.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | -11.2% | 185.1% |
| Avg | -41.0% | 106.9% |
| Low | -58.9% | 45.6% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | - | - |
| Avg | -0.76 | -0.23 |
| Low | - | - |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| 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.