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CAN

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 reported a significant increase in product revenue, reaching $413.8 million, which represents an 85.4% year-over-year growth, and saw mining revenue rise to $113.2 million, up 157.2% year-over-year. The company also demonstrated a robust quarterly performance, with product sales of approximately $165 million reflecting a 39% increase quarter-over-quarter and a 125% increase year-over-year, driven by record compute power sold. Furthermore, Canaan's strategic growth in self-mining capacity to about 10.1 EH in January and the successful sales of its Avalon Home Miner Series indicate a positive trajectory for revenue generation, particularly in the U.S. market.

Bears say

Canaan Inc. is facing a challenging outlook due to several factors, including a significant reduction in 1QF26 revenue guidance to $60M–$70M, which falls well below consensus estimates of $152.5M, primarily attributed to declining Bitcoin prices and ongoing industry headwinds. Additionally, the company reported a notable decline in demand, as reflected in the $16.6M revenue for Q3F25, indicating pressures from volume pricing and weakening institutional orders. Furthermore, concerns over Canaan's research and development efforts suggest a risk of losing market share and potential future earnings, compounded by increased competition and a declining market environment for Bitcoin.

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 Mar 17, 2026. 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 $2.39, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $2.39, 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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