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Canaan Inc. (CAN) Stock Forecast & Price Target

Canaan Inc. (CAN) Analyst Ratings

Based on 7 analyst ratings
Strong Buy
Strong Buy 86%
Buy 0%
Hold 14%
Sell 0%
Strong Sell 0%

Bulls say

Canaan Inc. has strategically focused on expanding its Bitcoin mining business, which is expected to drive increased revenue through collaborations with cryptocurrency mining farms. The company's announcement of a record order for 50,000 machines valued at approximately $120 million from a prominent North American customer is a strong indicator of robust demand and optimistic fourth-quarter expectations. Furthermore, the performance enhancements of the new mining rigs, featuring a 45% performance improvement and reduced energy consumption, position Canaan favorably in a competitive market, potentially opening up lucrative opportunities beyond traditional enterprise clients.

Bears say

Canaan Inc faces critical challenges stemming from potential failures in its research and development efforts, which could lead to a loss of market share and negatively affect future earnings and overall valuation. The company's financial performance could also be jeopardized by operational challenges that might increase costs and reduce profitability. Furthermore, a significant decline in Bitcoin prices could diminish demand for mining hardware, impacting both revenue growth and profit margins, further exacerbating the company's financial difficulties.

Canaan Inc. (CAN) has been analyzed by 7 analysts, with a consensus rating of Strong Buy. 86% of analysts recommend a Strong Buy, 0% recommend Buy, 14% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Canaan Inc. and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Canaan Inc. (CAN) Forecast

Analysts have given Canaan Inc. (CAN) a Strong Buy based on their latest research and market trends.

According to 7 analysts, Canaan Inc. (CAN) has a Strong Buy consensus rating as of Nov 5, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $3.57, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $3.57, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Canaan Inc. (CAN)


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