Rosenblatt analyst Kevin Cassidy has maintained a "Buy" rating for Canaan (CAN, Financial), with the price target also held steady at $5.00. This decision was confirmed on July 8, 2025. Notably, there has been no change from the previous analyst estimates, with both the current and prior price targets set at $5.00 USD.
The consistent rating and price target indicate sustained confidence in Canaan's performance. Investors should note that the rating and price target have remained unchanged, reflecting a stable outlook for the stock according to Rosenblatt's analysis.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Canaan Inc (CAN, Financial) is $2.82 with a high estimate of $5.00 and a low estimate of $1.50. The average target implies an upside of 306.43% from the current price of $0.69. More detailed estimate data can be found on the Canaan Inc (CAN) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Canaan Inc's (CAN, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Canaan Inc (CAN, Financial) in one year is $2.14, suggesting a upside of 208.27% from the current price of $0.6942. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Canaan Inc (CAN) Summary page.
