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Canaan Inc. (CAN) Stock Forecast & Price Target

Canaan Inc. (CAN) Analyst Ratings

Based on 6 analyst ratings
Strong Buy
Strong Buy 100%
Buy 0%
Hold 0%
Sell 0%
Strong Sell 0%

Bulls say

Canaan Inc. has demonstrated a substantial increase in operational performance, with its hashrate rising to 6.28 EH/s, indicating enhanced mining capabilities aligned with the growing cryptocurrency market. The company's strategic collaborations with cryptocurrency mining farms are expected to further bolster revenue generation, supported by an anticipated increase in equipment resale prices and improved revenue splits from operational optimization. Additionally, the expansion in mining capacity, particularly in key regions such as Kazakhstan, positions Canaan favorably for future growth in demand for Bitcoin mining equipment.

Bears say

Canaan Inc faces significant risks related to its reliance on successful research and development efforts to innovate in an evolving technological landscape; failure to keep pace may lead to a loss of market share, adversely affecting future earnings and overall valuation. Additionally, operational challenges may increase costs and diminish profitability, further constraining the company’s financial performance. The company's dependence on the volatile Bitcoin market underscores its vulnerability, as a substantial decline in Bitcoin prices could negatively influence demand for its mining hardware and profitability from self-mining operations, hindering revenue growth.

Canaan Inc. (CAN) has been analyzed by 6 analysts, with a consensus rating of Strong Buy. 100% of analysts recommend a Strong Buy, 0% recommend Buy, 0% 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 6 analysts, Canaan Inc. (CAN) has a Strong Buy consensus rating as of Jun 14, 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 $4.08, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $4.08, 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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