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$2.32
0.010000.43%
At close: -
$2.33
0.010.43%
After Hours: Dec 20, 7:59 PM EDT
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Canaan (NASDAQ:CAN) Stock, Analyst Ratings, Price Targets, Forecasts
Canaan Inc has a consensus price target of $4.9 based on the ratings of 5 analysts. The high is $10 issued by DA Davidson on May 16, 2022. The low is $2 issued by B. Riley Securities on September 18, 2024. The 3 most-recent analyst ratings were released by Rosenblatt, HC Wainwright & Co., and B. Riley Securities on December 6, 2024, November 21, 2024, and September 18, 2024, respectively. With an average price target of $3 between Rosenblatt, HC Wainwright & Co., and B. Riley Securities, there's an implied 28.76% upside for Canaan Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Rosenblatt
HC Wainwright & Co.
B. Riley Securities
Benchmark
DA Davidson
1calculated from analyst ratings
Analyst Ratings for Canaan
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FAQ
What is the target price for Canaan (CAN) stock?
The latest price target for Canaan (NASDAQ:CAN) was reported by Rosenblatt on December 6, 2024. The analyst firm set a price target for $4.00 expecting CAN to rise to within 12 months (a possible 71.67% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Canaan (CAN)?
The latest analyst rating for Canaan (NASDAQ:CAN) was provided by Rosenblatt, and Canaan maintained their buy rating.
When was the last upgrade for Canaan (CAN)?
There is no last upgrade for Canaan
When was the last downgrade for Canaan (CAN)?
There is no last downgrade for Canaan.
When is the next analyst rating going to be posted or updated for Canaan (CAN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Canaan, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Canaan was filed on December 6, 2024 so you should expect the next rating to be made available sometime around December 6, 2025.
Is the Analyst Rating Canaan (CAN) correct?
While ratings are subjective and will change, the latest Canaan (CAN) rating was a maintained with a price target of $3.00 to $4.00. The current price Canaan (CAN) is trading at is $2.33, which is out of the analyst’s predicted range.
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