Canaan Inc
NASDAQ:CAN

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Canaan Inc
NASDAQ:CAN
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Price: 2.12 USD -9.4% Market Closed
Market Cap: 9.6B USD
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Wall Street
Price Targets

CAN Price Targets Summary
Canaan Inc

Wall Street analysts forecast CAN stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CAN is 3.65 USD with a low forecast of 2.78 USD and a high forecast of 4.2 USD.

Lowest
Price Target
2.78 USD
31% Upside
Average
Price Target
3.65 USD
72% Upside
Highest
Price Target
4.2 USD
98% Upside

CAN Last Price Targets
Canaan Inc

The latest public price target was made on Sep 18, 2024 by Nick Giles from B.Riley Financial , who expects CAN stock to drop by 6% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Nick Giles
B.Riley Financial
2 USD
Downside 6%
3 months ago
Sep 18, 2024
B.Riley Starts Canaan Inc. (CAN) at Buy
StreetInsider
Nick Giles
B.Riley Financial
Price Target 2 USD
Upside/Downside 6%
View Source
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Revenue
Forecast

Revenue Estimate
Canaan Inc

For the last 5 years the compound annual growth rate for Canaan Inc's revenue is -12%. The projected CAGR for the next 3 years is 46%.

-12%
Past Growth
46%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
Canaan Inc

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Canaan Inc

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CAN's stock price target?
Price Target
3.65 USD

According to Wall Street analysts, the average 1-year price target for CAN is 3.65 USD with a low forecast of 2.78 USD and a high forecast of 4.2 USD.

What is Canaan Inc's Revenue forecast?
Projected CAGR
46%

For the last 5 years the compound annual growth rate for Canaan Inc's revenue is -12%. The projected CAGR for the next 3 years is 46%.

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