Canaan
(NASDAQ:CAN)
$1.76
-0.27[-13.30%]
At close: Feb 23
$1.76
0[0.00%]
After Hours: 7:59PM EDT

GET A REPORT ON CAN SENT RIGHT TO YOUR INBOX

Canaan Stock (NASDAQ:CAN), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.
Consensus Rating1
Buy
Highest Price Target1
$10.00
Lowest Price Target1
$3.00
Consensus Price Target1
$6.17

Analyst Rating Summary1

Analyst Ratings
Aug 23
1
Nov 23
2
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Benchmark
HC Wainwright & Co.
DA Davidson

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Canaan

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
11/29/2023CANBuy Now
Canaan
$1.76212.5%Benchmark
Michael Legg
→ $5.5ReiteratesBuy → BuyGet Alert
11/29/2023CANBuy Now
Canaan
$1.7670.45%HC Wainwright & Co.
Kevin Dede
$4 → $3MaintainsBuyGet Alert
08/30/2023CANBuy Now
Canaan
$1.76127.27%HC Wainwright & Co.
Kevin Dede
→ $4ReiteratesBuy → BuyGet Alert
05/30/2023CANBuy Now
Canaan
$1.76127.27%HC Wainwright & Co.
Kevin Dede
→ $4ReiteratesBuy → BuyGet Alert
11/15/2022CANBuy Now
Canaan
$1.76127.27%HC Wainwright & Co.
Kevin Dede
$5 → $4MaintainsBuyGet Alert
07/06/2022CANBuy Now
Canaan
$1.76184.09%HC Wainwright & Co.
Kevin Dede
→ $5Initiates → BuyGet Alert
06/08/2022CANBuy Now
Canaan
$1.76411.36%Benchmark
Michael Legg
→ $9Initiates → BuyGet Alert
05/16/2022CANBuy Now
Canaan
$1.76468.18%DA Davidson
Hans Chung
$15 → $10MaintainsBuyGet Alert

FAQ

Q

What is the target price for Canaan (CAN)?

A

The latest price target for Canaan (NASDAQ: CAN) was reported by Benchmark on November 29, 2023. The analyst firm set a price target for $5.50 expecting CAN to rise to within 12 months (a possible 212.50% upside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Canaan (CAN)?

A

The latest analyst rating for Canaan (NASDAQ: CAN) was provided by Benchmark, and Canaan reiterated their buy rating.

Q

When is the next analyst rating going to be posted or updated for Canaan (CAN)?

A

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 November 29, 2023 so you should expect the next rating to be made available sometime around November 29, 2024.

Q

Is the Analyst Rating Canaan (CAN) correct?

A

While ratings are subjective and will change, the latest Canaan (CAN) rating was a reiterated with a price target of $0.00 to $5.50. The current price Canaan (CAN) is trading at is $1.76, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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