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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 demonstrated a significant increase in its operating hashrate to 6.28 EH/s, indicating robust growth in its Bitcoin mining capabilities amidst a stable global hashrate environment. The company's strategic collaborations with cryptocurrency mining farms and plans for expanding operations are expected to drive revenue growth further, with a projected increase in mining capacity contributing to this positive trajectory. Additionally, an improvement in the revenue split from 57.3% to 59.0% highlights operational optimization, reinforcing Canaan's strong market positioning within the cryptocurrency industry.

Bears say

Canaan Inc faces significant challenges due to its reliance on ongoing research and development; any failure in this area could result in a loss of market share and a detrimental impact on future earnings and company valuation. Additionally, operational hurdles that increase costs may further diminish profitability, which would adversely affect the company's overall financial performance. Lastly, the company's revenue is highly sensitive to fluctuations in Bitcoin prices, as a substantial drop could drastically decrease demand for mining hardware and impair revenue growth.

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 Jul 12, 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 $3.71, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $3.71, 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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