CANAAN INC (CAN) Forecast, Price Target & Analyst Ratings

NASDAQ:CAN • US1347481020

Current stock price

0.4163 USD
+0.03 (+6.74%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CANAAN INC (CAN).

Forecast Snapshot

Consensus Price Target

Price Target
$2.09
+ 402.28% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 18, 2026
Period
Q1 / 2026
EPS Estimate
-$0.02
Revenue Estimate
64.591M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.82%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$2.09
Upside
+ 402.28%
From current price of $0.42 to mean target of $2.09, Based on 11 analyst forecasts
Low
$1.52
Median
$2.04
High
$3.15

Price Target Revisions

1 Month
-3.37%
3 Months
-29.48%

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for CAN. The average price target is 2.09 USD. This implies a price increase of 402.28% is expected in the next year compared to the current price of 0.4163.
The average price target has been revised downward by 29.48% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CAN Current Analyst RatingCAN Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

CAN Historical Analyst RatingsCAN Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
81.82%
CAN was analyzed by 11 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about CAN.
In the previous month the buy percentage consensus was at a similar level.
CAN was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-16RosenblattMaintains Buy -> Buy
2026-02-24RosenblattMaintains Buy -> Buy
2026-02-11BTIGReiterate Buy -> Buy
2026-02-11BenchmarkMaintains Buy -> Buy
2026-02-11RosenblattMaintains Buy -> Buy
2026-02-09RosenblattMaintains Buy -> Buy
2026-01-15RosenblattMaintains Buy -> Buy
2025-12-15RosenblattMaintains Buy -> Buy
2025-12-08BTIGInitiate Buy
2025-11-21B. Riley SecuritiesMaintains Buy -> Buy
2025-11-19RosenblattMaintains Buy -> Buy
2025-10-29RosenblattMaintains Buy -> Buy
2025-10-23BenchmarkMaintains Buy -> Buy
2025-10-14BTIGReiterate Buy -> Buy
2025-10-14RosenblattMaintains Buy -> Buy
2025-10-13RosenblattMaintains Buy -> Buy
2025-09-12RosenblattMaintains Buy -> Buy
2025-08-29RosenblattMaintains Buy -> Buy
2025-08-15RosenblattMaintains Buy -> Buy
2025-07-10B. Riley SecuritiesMaintains Buy -> Buy
2025-07-08RosenblattMaintains Buy -> Buy
2025-06-18Northland Capital MarketsInitiate Market Perform
2025-06-16RosenblattMaintains Buy -> Buy
2025-05-21BenchmarkMaintains Buy -> Buy
2025-05-21RosenblattMaintains Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 18, 2026
Period
Q1 / 2026
EPS Estimate
-$0.02
Revenue Estimate
64.591M
Revenue Q2Q
-21.97%
EPS Q2Q
92.52%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
-0.93%
Revenue (3 Months)
-60.66%
EPS (1 Month)
20.00%
EPS (3 Months)
-14.29%

Next Earnings Summary

CAN is expected to report earnings on 5/18/2026. The consensus EPS estimate for the next earnings is -0.02 USD and the consensus revenue estimate is 64.59M USD.
The next earnings revenue estimate has been revised downward by 60.66% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027
Revenue
YoY % growth
CAN revenue by date.CAN revenue by date.
211.477M
-67.51%		269.324M
27.35%		529.735M
96.69%		445.03M
-15.99%		728.23M
63.64%
EBITDA
YoY % growth
CAN ebitda by date.CAN ebitda by date.
-325.408M
-474.89%		-194.626M
40.19%		N/A
92.39%		-2.356M
84.08%		54.485M
2,412.28%
EBIT
YoY % growth
CAN ebit by date.CAN ebit by date.
-385.049M
-823.78%		-223.042M
42.07%		-103.638M
53.53%		-87.776M
15.31%		10.122M
111.53%
Operating Margin
CAN operating margin by date.CAN operating margin by date.
-182.08%-82.82%-19.56%-19.72%1.39%
EPS
YoY % growth
CAN eps by date.CAN eps by date.
-1.71
-317.05%		-0.46
72.98%		-0.49
-5.63%		-0.08
83.44%		-0.12
-45.84%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		-0.02
92.52%		-0.03
12.47%		-0.01
73.81%		-0.01
92.46%		-0.03
-25.00%		-0.01
61.54%		-0.01
28.57%		-0.01
50.00%
Revenue
Q2Q % growth		64.591M
-21.97%		91.06M
-9.13%		122.25M
-18.76%		146.36M
-25.43%		170.29M
163.64%		183.62M
101.65%		205.91M
68.43%		217.89M
48.87%
EBITDA
Q2Q % growth		-10.863M
7.09%		-3.089M
78.65%		1.2M
-55.17%		8.795M
303.81%		12.288M
213.12%		17.699M
672.95%		22.409M
1,767.42%		20.321M
131.05%
EBIT
Q2Q % growth		-30.701M
20.30%		-26.889M
3.74%		-21.436M
5.63%		-12.003M
19.14%		-14.948M
51.31%		-6.313M
76.52%		-6.161M
71.26%		-3.889M
67.60%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CAN Yearly Revenue VS EstimatesCAN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
CAN Yearly EPS VS EstimatesCAN Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 0 0.5 -0.5 -1 -1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CANAAN INC / CAN Forecast FAQ

What is the price target for CAN stock?

11 analysts have analysed CAN and the average price target is 2.09 USD. This implies a price increase of 402.28% is expected in the next year compared to the current price of 0.4163.

When does CANAAN INC (CAN) report earnings?

CANAAN INC (CAN) will report earnings on 2026-05-18.

Can you provide the consensus estimates for CANAAN INC next earnings?

The consensus EPS estimate for the next earnings of CANAAN INC (CAN) is -0.02 USD and the consensus revenue estimate is 64.59M USD.