Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
$1.79
0.042.29%
At close: -
$1.78
-0.01-0.56%
After Hours: Feb 14, 7:58 PM EDT
Comments
Loading...
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 HC Wainwright & Co., Rosenblatt, and HC Wainwright & Co. on January 22, 2025, December 6, 2024, and November 21, 2024, respectively. With an average price target of $3.33 between HC Wainwright & Co., Rosenblatt, and HC Wainwright & Co., there's an implied 87.27% upside for Canaan Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
HC Wainwright & Co.
Rosenblatt
B. Riley Securities
Benchmark
DA Davidson
1calculated from analyst ratings
Analyst Ratings for Canaan
Data brought to you by Benzinga APIs
FAQ
What is the target price for Canaan (CAN) stock?
The latest price target for Canaan (NASDAQ:CAN) was reported by HC Wainwright & Co. on January 22, 2025. The analyst firm set a price target for $3.00 expecting CAN to rise to within 12 months (a possible 68.54% upside). 7 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 HC Wainwright & Co., and Canaan reiterated 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 January 22, 2025 so you should expect the next rating to be made available sometime around January 22, 2026.
Is the Analyst Rating Canaan (CAN) correct?
While ratings are subjective and will change, the latest Canaan (CAN) rating was a reiterated with a price target of $3.00 to $3.00. The current price Canaan (CAN) is trading at is $1.78, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.