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Canaan

CANNASDAQ
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$1.06
0.054.95%
At Close: -
$1.05
-0.01-0.94%
After Hours: 7:59 PM EDT
15 minutes delayed
Canaan (CAN) ForecastNewsEarningsGuidanceDividends

Analyst Ratings

Insider TradesShort Interest
Consensus Rating1
Buy
Highest Price Target1
$10.00
Lowest Price Target1
$3.00
Consensus Price Target1
$6.17

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

Canaan Inc has a consensus price target of $6.17 based on the ratings of 3 analysts. The high is $10 issued by DA Davidson on May 16, 2022. The low is $3 issued by HC Wainwright & Co. on May 20, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Benchmark, and HC Wainwright & Co. on May 20, 2024, November 29, 2023, and November 29, 2023, respectively. With an average price target of $3.83 between HC Wainwright & Co., Benchmark, and HC Wainwright & Co., there's an implied 265.08% upside for Canaan Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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0
0
0
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Benchmark
DA Davidson

1calculated from analyst ratings

Analyst Ratings for Canaan

Buy NowGet Alert
05/20/2024Buy Now185.71%HC Wainwright & Co.
Kevin Dede
 → $3ReiteratesBuy → BuyGet Alert
11/29/2023Buy Now423.81%Benchmark
Michael Legg
 → $5.5ReiteratesBuy → BuyGet Alert
11/29/2023Buy Now185.71%HC Wainwright & Co.
Kevin Dede
$4 → $3MaintainsBuyGet Alert
08/30/2023Buy Now280.95%HC Wainwright & Co.
Kevin Dede
 → $4ReiteratesBuy → BuyGet Alert
05/30/2023Buy Now280.95%HC Wainwright & Co.
Kevin Dede
 → $4ReiteratesBuy → BuyGet Alert
11/15/2022Buy Now280.95%HC Wainwright & Co.
Kevin Dede
$5 → $4MaintainsBuyGet Alert
07/06/2022Buy Now376.19%HC Wainwright & Co.
Kevin Dede
 → $5Initiates → BuyGet Alert
06/08/2022Buy Now757.14%Benchmark
Michael Legg
 → $9Initiates → BuyGet Alert
05/16/2022Buy Now852.38%DA Davidson
Hans Chung
$15 → $10MaintainsBuyGet Alert

FAQ

Q

What is the target price for Canaan (CAN) stock?

A

The latest price target for Canaan (NASDAQ:CAN) was reported by HC Wainwright & Co. on May 20, 2024. The analyst firm set a price target for $3.00 expecting CAN to rise to within 12 months (a possible 185.71% 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 HC Wainwright & Co., and Canaan reiterated their buy rating.

Q

When was the last upgrade for Canaan (CAN)?

A

There is no last upgrade for Canaan

Q

When was the last downgrade for Canaan (CAN)?

A

There is no last downgrade for Canaan.

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 May 20, 2024 so you should expect the next rating to be made available sometime around May 20, 2025.

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 $3.00 to $3.00. The current price Canaan (CAN) is trading at is $1.05, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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