Skip to main
CAN
CAN logo

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 robust increase in its operating hashrate, reaching 6.28 EH/s, reflecting enhanced mining capabilities through strategic collaborations with cryptocurrency mining farms. The company's revenue split has improved from 57.3% to 59.0%, highlighting operational optimization that is likely to drive future earnings growth. Additionally, the anticipated increase in equipment resale prices, projected to rise to approximately $15/EH by 1Q25, suggests a favorable market condition for Canaan's product offerings in the digital blockchain sector.

Bears say

Canaan Inc faces significant risks related to its research and development efforts, as failing to keep pace with technological advancements could lead to a loss of market share and adversely affect future earnings and valuation. Additionally, operational challenges or underperformance in its operations could increase costs and diminish profitability, ultimately harming the company’s overall financial performance. A further concern is the potential volatility in Bitcoin prices, which could severely reduce demand for Canaan's mining hardware and negatively impact 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.

Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy

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 Aug 2, 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)


Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy
Disclaimer: Any investment listed here, which may be available on the Public platform, is intended to be used for informational purposes only, should not be the sole basis for making an investment decision, and is not a recommendation or advice.