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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 strategically positioned itself to benefit from the expanding cryptocurrency market by significantly enhancing its Bitcoin mining operations and collaborating with cryptocurrency mining farms, which is expected to drive substantial revenue growth. The company recently secured a landmark order of 50,000 machines from a publicly traded North American customer, valued at approximately $120 million, which positively influences fourth-quarter outlooks. Furthermore, the introduction of high-performance mining rigs that deliver a 45% performance boost and reduced energy consumption aligns with industry advancements, suggesting a strong competitive advantage and potential for increased profit margins in both the consumer and enterprise markets.

Bears say

Canaan Inc. faces a negative outlook primarily due to potential failures in its research and development efforts, which could result in the company lagging behind technological advancements and subsequently losing market share. Additionally, operational challenges could lead to increased costs and reduced profitability, further weakening overall financial performance. Lastly, significant fluctuations in Bitcoin prices could adversely affect the demand for mining hardware, thereby impacting revenue growth and the company's financial stability.

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 Nov 7, 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 $3.57, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $3.57, 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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