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$0.9765
-0.09-8.74%
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$0.9900
0.011.38%
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Canaan Analyst Ratings and Price Targets | NASDAQ:CAN | Benzinga
Canaan Inc has a consensus price target of $5.17 based on the ratings of 6 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 Compass Point, Rosenblatt, and Rosenblatt on March 18, 2025, March 17, 2025, and March 11, 2025, respectively. With an average price target of $6.17 between Compass Point, Rosenblatt, and Rosenblatt, there's an implied 522.90% upside for Canaan Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Compass Point
Rosenblatt
HC Wainwright & Co.
B. Riley Securities
Benchmark
1calculated from analyst ratings
Analyst Ratings for Canaan
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/18/2025 | Buy Now | 152.53% | Compass Point | Joe Flynn | → $2.5 | Initiates | → Buy | Get Alert |
| 03/17/2025 | Buy Now | 708.08% | Rosenblatt | Kevin Cassidy | $8 → $8 | Maintains | Buy | Get Alert |
| 03/11/2025 | Buy Now | 708.08% | Rosenblatt | Kevin Cassidy | $8 → $8 | Maintains | Buy | Get Alert |
| 03/04/2025 | Buy Now | 708.08% | Rosenblatt | Kevin Cassidy | $8 → $8 | Maintains | Buy | Get Alert |
| 03/04/2025 | Buy Now | 203.03% | HC Wainwright & Co. | Kevin Dede | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 02/20/2025 | Buy Now | 708.08% | Rosenblatt | Kevin Cassidy | $8 → $8 | Maintains | Buy | Get Alert |
| 01/22/2025 | Buy Now | 203.03% | HC Wainwright & Co. | Kevin Dede | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 12/06/2024 | Buy Now | 304.04% | Rosenblatt | Kevin Cassidy | $3 → $4 | Maintains | Buy | Get Alert |
| 11/21/2024 | Buy Now | 203.03% | HC Wainwright & Co. | Kevin Dede | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 09/18/2024 | Buy Now | 102.02% | B. Riley Securities | Nick Giles | → $2 | Initiates | → Buy | Get Alert |
| 09/11/2024 | Buy Now | 203.03% | Rosenblatt | Kevin Cassidy | → $3 | Initiates | → Buy | Get Alert |
| 08/16/2024 | Buy Now | 203.03% | HC Wainwright & Co. | Kevin Dede | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 05/20/2024 | Buy Now | 203.03% | HC Wainwright & Co. | Kevin Dede | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 11/29/2023 | Buy Now | 455.56% | Benchmark | Michael Legg | → $5.5 | Reiterates | Buy → Buy | Get Alert |
| 11/29/2023 | Buy Now | 203.03% | HC Wainwright & Co. | Kevin Dede | $4 → $3 | Maintains | Buy | Get Alert |
| 08/30/2023 | Buy Now | 304.04% | HC Wainwright & Co. | Kevin Dede | → $4 | Reiterates | Buy → Buy | Get Alert |
| 05/30/2023 | Buy Now | 304.04% | HC Wainwright & Co. | Kevin Dede | → $4 | Reiterates | Buy → Buy | Get Alert |
| 11/15/2022 | Buy Now | 304.04% | HC Wainwright & Co. | Kevin Dede | $5 → $4 | Maintains | Buy | Get Alert |
| 07/06/2022 | Buy Now | 405.05% | HC Wainwright & Co. | Kevin Dede | → $5 | Initiates | → Buy | Get Alert |
| 06/08/2022 | Buy Now | 809.09% | Benchmark | Michael Legg | → $9 | Initiates | → Buy | Get Alert |
| 05/16/2022 | Buy Now | 910.1% | DA Davidson | Hans Chung | $15 → $10 | Maintains | Buy | Get Alert |
FAQ
What is the target price for Canaan (CAN) stock?
The latest price target for Canaan (NASDAQ:CAN) was reported by Compass Point on March 18, 2025. The analyst firm set a price target for $2.50 expecting CAN to rise to within 12 months (a possible 152.53% upside). 13 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 Compass Point, and Canaan initiated 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 March 18, 2025 so you should expect the next rating to be made available sometime around March 18, 2026.
Is the Analyst Rating Canaan (CAN) correct?
While ratings are subjective and will change, the latest Canaan (CAN) rating was a initiated with a price target of $0.00 to $2.50. The current price Canaan (CAN) is trading at is $0.99, which is within the analyst’s predicted range.
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