CAN - Canaan - Stock Forecast

Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

CAN is currently covered by 3 analysts with an average price target of $5.67. This is a potential upside of $4.95 (687.5%) from yesterday's end of day stock price of $0.72.

Canaan's activity chart (see below) currently has 5 price targets and 17 ratings on display. The stock rating distribution of CAN is 100% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 15% with an average time for these price targets to be met of 43.5 days.

Highest price target for CAN is $8, Lowest price target is $3, average price target is $5.5.

Most recent stock forecast was given by KEVIN CASSIDY from ROSENBLATT on 11-Mar-2025. First documented stock forecast 05-Apr-2022.

Best performing analysts who are covering CAN - Canaan:

Kevin Dede Michael Legg Hans Chung Kevin Cassidy

Currently out of the existing stock ratings of CAN, 14 are a BUY (100%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

$8

$6.89 (620.72%)

$8

4 months 2 days ago
(11-Mar-2025)

1/5 (20%)

$6.95 (661.90%)

86

Buy

$3

$1.89 (170.27%)

$3

4 months 9 days ago
(04-Mar-2025)

4/10 (40%)

$1.78 (145.90%)

88

Buy

$5.5

$4.39 (395.50%)

$5.5

1 years 7 months 14 days ago
(29-Nov-2023)

0/2 (0%)

$3.9 (243.75%)

Buy

$10

$8.11 (429.10%)

$15

3 years 1 months 27 days ago
(16-May-2022)

0/2 (0%)

$7.16 (252.11%)

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What is CAN (Canaan) average time for price targets to be met?

On average it took 43.5 days on average for the stock forecasts to be realized with a an average price target met ratio 15

Which analyst has the current highest performing score on CAN (Canaan) with a proven track record?

KEVIN DEDE

Which analyst has the current lower performing score on CAN (Canaan) with a proven track record?

KEVIN CASSIDY

Which analyst has the most public recommendations on CAN (Canaan)?

Kevin Dede has 5 price targets and 4 ratings on CAN

Which analyst is the currently most bullish on CAN (Canaan)?

Hans Chung with highest potential upside - $8.11

Which analyst is the currently most reserved on CAN (Canaan)?

Kevin Dede with lowest potential downside - $1.89

Canaan in the News

Canaan reports decline in Bitcoin production in June

* Canaan (NASDAQ:CAN [https://seekingalpha.com/symbol/CAN]) on Monday announced that it mined 88 bitcoins in June, representing over 19% month-over-month decline. * The firm’s month-end operating hashrate stood at 6.57 EH/s, while its average all-in power cost came in at $0.045/kWh. * “We continued to build our bitcoin reserves, closing June with a record high of 1,484...

Canaan mines 88 bitcoins in June, holds record 1,484 bitcoins

SINGAPORE – Crypto mining company Canaan Inc. (NASDAQ:CAN), currently showing signs of being undervalued according to InvestingPro analysis, mined 88 bitcoins in June 2025, a decrease from May’s production due to weather-related disruptions and maintenance issues, according to a press release statement issued Monday. The company’s stock has shown remarkable resilience, posting a ~14% gain...

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