Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
$0.6122
-0.04-5.74%
At close: -
$0.6240
0.011.93%
After Hours: 7:57 PM EDT
Comments
Loading...
Canaan Analyst Ratings and Price Targets | NASDAQ:CAN | Benzinga
Canaan Inc has a consensus price target of $3.07 based on the ratings of 7 analysts. The high is $5.5 issued by Benchmark on November 29, 2023. The low is $1.5 issued by Northland Capital Markets on June 18, 2025. The 3 most-recent analyst ratings were released by Northland Capital Markets, Rosenblatt, and Rosenblatt on June 18, 2025, June 16, 2025, and May 21, 2025, respectively. With an average price target of $3.83 between Northland Capital Markets, Rosenblatt, and Rosenblatt, there's an implied 514.32% upside for Canaan Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Northland Capital Markets
Rosenblatt
Benchmark
HC Wainwright & Co.
Compass Point
1calculated from analyst ratings
Analyst Ratings for Canaan
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/18/2025 | Buy Now | 140.38% | Northland Capital Markets | Mike Grondahl68% | → $1.5 | Initiates | → Market Perform | Get Alert |
| 06/16/2025 | Buy Now | 701.28% | Rosenblatt | Kevin Cassidy74% | $5 → $5 | Maintains | Buy | Get Alert |
| 05/21/2025 | Buy Now | 701.28% | Rosenblatt | Kevin Cassidy74% | $8 → $5 | Maintains | Buy | Get Alert |
| 05/21/2025 | Buy Now | 220.51% | Benchmark | Mark Palmer82% | $3 → $2 | Maintains | Buy | Get Alert |
| 05/15/2025 | Buy Now | 1182.05% | Rosenblatt | Kevin Cassidy74% | $8 → $8 | Maintains | Buy | Get Alert |
| 05/06/2025 | Buy Now | 380.77% | Benchmark | Mark Palmer82% | → $3 | Initiates | → Buy | Get Alert |
| 04/11/2025 | Buy Now | 1182.05% | Rosenblatt | Kevin Cassidy74% | $8 → $8 | Maintains | Buy | Get Alert |
| 03/27/2025 | Buy Now | 380.77% | HC Wainwright & Co. | Kevin Dede63% | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 03/27/2025 | Buy Now | 1182.05% | Rosenblatt | Kevin Cassidy74% | $8 → $8 | Maintains | Buy | Get Alert |
| 03/18/2025 | Buy Now | 300.64% | Compass Point | Joe Flynn28% | → $2.5 | Initiates | → Buy | Get Alert |
| 03/17/2025 | Buy Now | 1182.05% | Rosenblatt | Kevin Cassidy74% | $8 → $8 | Maintains | Buy | Get Alert |
| 03/11/2025 | Buy Now | 1182.05% | Rosenblatt | Kevin Cassidy74% | $8 → $8 | Maintains | Buy | Get Alert |
| 03/04/2025 | Buy Now | 1182.05% | Rosenblatt | Kevin Cassidy74% | $8 → $8 | Maintains | Buy | Get Alert |
| 03/04/2025 | Buy Now | 380.77% | HC Wainwright & Co. | Kevin Dede63% | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 02/20/2025 | Buy Now | 1182.05% | Rosenblatt | Kevin Cassidy74% | $8 → $8 | Maintains | Buy | Get Alert |
| 01/22/2025 | Buy Now | 380.77% | HC Wainwright & Co. | Kevin Dede63% | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 12/06/2024 | Buy Now | 541.03% | Rosenblatt | Kevin Cassidy74% | $3 → $4 | Maintains | Buy | Get Alert |
| 11/21/2024 | Buy Now | 380.77% | HC Wainwright & Co. | Kevin Dede63% | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 09/18/2024 | Buy Now | 220.51% | B. Riley Securities | Nick Giles24% | → $2 | Initiates | → Buy | Get Alert |
| 09/11/2024 | Buy Now | 380.77% | Rosenblatt | Kevin Cassidy74% | → $3 | Initiates | → Buy | Get Alert |
| 08/16/2024 | Buy Now | 380.77% | HC Wainwright & Co. | Kevin Dede63% | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 05/20/2024 | Buy Now | 380.77% | HC Wainwright & Co. | Kevin Dede63% | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 11/29/2023 | Buy Now | 781.41% | Benchmark | Michael Legg62% | → $5.5 | Reiterates | Buy → Buy | Get Alert |
| 11/29/2023 | Buy Now | 380.77% | HC Wainwright & Co. | Kevin Dede63% | $4 → $3 | Maintains | Buy | Get Alert |
| 08/30/2023 | Buy Now | 541.03% | HC Wainwright & Co. | Kevin Dede63% | → $4 | Reiterates | Buy → Buy | Get Alert |
| 05/30/2023 | Buy Now | 541.03% | HC Wainwright & Co. | Kevin Dede63% | → $4 | Reiterates | Buy → Buy | Get Alert |
| 11/15/2022 | Buy Now | 541.03% | HC Wainwright & Co. | Kevin Dede63% | $5 → $4 | Maintains | Buy | Get Alert |
| 07/06/2022 | Buy Now | 701.28% | HC Wainwright & Co. | Kevin Dede63% | → $5 | Initiates | → Buy | Get Alert |
FAQ
What is the target price for Canaan (CAN) stock?
The latest price target for Canaan (NASDAQ:CAN) was reported by Northland Capital Markets on June 18, 2025. The analyst firm set a price target for $1.50 expecting CAN to rise to within 12 months (a possible 140.38% upside). 21 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 Northland Capital Markets, and Canaan initiated their market perform 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 June 18, 2025 so you should expect the next rating to be made available sometime around June 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 $1.50. The current price Canaan (CAN) is trading at is $0.62, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
