Canaan Inc. ADR (CAN) Social Stream
CANAAN INC (CAN) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering CAN.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-04-05 | 1 | $15 | $15 | $15 | $2.13 | 604.23% |
| 2022-05-20 | 1 | $10 | $10 | $10 | $2.13 | 369.48% |
| 2022-06-08 | 2 | $10 | $9 | $9.5 | $2.13 | 346.01% |
| 2022-08-19 | 3 | $9 | $5 | $7.333 | $2.13 | 244.27% |
| 2022-11-15 | 3 | $9 | $4 | $6.333 | $2.13 | 197.32% |
| 2023-05-30 | 1 | $9 | $4 | $6.5 | $2.13 | 205.16% |
| 2023-08-30 | 1 | $4 | $4 | $4 | $2.13 | 87.79% |
| 2023-11-29 | 2 | $5.5 | $3 | $4.25 | $2.13 | 99.53% |
| NA | 1 | $NA | $NA | $NA | $2.13 | NA% |
Price Target Last Issued May 20, 2022
The Trend in the Analyst Price Target
Over the past 38 weeks, CAN's average price target has gone down $2.25.
Over the past 38 weeks, CAN's average upside potential has been 141.52%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-05-30 | 1 | 9.0 | 4 | 6.50 | 2.01 | 223.38% |
| 2023-05-30 | 1 | 4.0 | 4 | 4.00 | 2.01 | 99% |
| 2023-08-30 | 2 | 4.0 | 4 | 4.00 | 2.01 | 99% |
| 2023-11-29 | 2 | 3.0 | 3 | 3.00 | 1.60 | 87.5% |
| 2023-11-29 | 2 | 5.5 | 3 | 4.25 | 1.60 | 165.62% |
CAN Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 2 | 0 | 0 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
Over the past 16 months, CAN's average broker recommendation rating improved by 0.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In terms of how CANAAN INC fares relative to all US stocks, note that its number of analysts covering the stock is higher than 28.8% of that group.
- In the context of Technology stocks, CANAAN INC's average analyst price target is greater than 70.67% of them.
- CANAAN INC's variance in analysts' estimates is lower than -281.16% of stocks in the mid market cap category.
- CANAAN INC's upside potential (average analyst target price relative to current price) is higher than 924.58% of stocks in the mid market cap category.
Stocks similar to CANAAN INC in the Electronic Equipment industry regarding analyst recommendations and price targets are SITM, SPI, and SIMO.
View All Top Stocks by Price Target
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