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 | $2.04 | 635.29% |
| 2022-05-20 | 1 | $10 | $10 | $10 | $2.04 | 390.2% |
| 2022-06-08 | 2 | $10 | $9 | $9.5 | $2.04 | 365.69% |
| 2022-08-19 | 3 | $9 | $5 | $7.333 | $2.04 | 259.46% |
| 2022-11-15 | 3 | $9 | $4 | $6.333 | $2.04 | 210.44% |
| 2023-05-30 | 2 | $9 | $4 | $6.5 | $2.04 | 218.63% |
| NA | 1 | $NA | $NA | $NA | $2.04 | NA% |
The Trend in the Analyst Price Target
Over the past 28 weeks, CAN's average price target has gone down $0.
Over the past 51 weeks, CAN's average upside potential has been 130.52%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-06-08 | 2 | 10 | 9 | 9.500 | 3.97 | 139.29% |
| 2022-07-06 | 3 | 9 | 5 | 7.333 | 3.37 | 117.6% |
| 2022-08-19 | 3 | 9 | 5 | 7.333 | 3.68 | 99.27% |
| 2022-11-15 | 2 | 9 | 4 | 6.500 | 3.14 | 107.01% |
| 2023-03-09 | 2 | 9 | 4 | 6.500 | 2.34 | 177.78% |
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
CAN's average broker recommendation rating improved by 0 over the prior 48 weeks.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- To contextualize these metrics, consider that out of all US stocks, CANAAN INC's number of analysts covering the stock is higher than 23.18% of them.
- To contextualize these metrics, consider that out of Electronic Equipment stocks, CANAAN INC's upside potential (average analyst target price relative to current price) is greater than 561.54% of them.
- In the context of Electronic Equipment stocks, CANAAN INC's average analyst price target is greater than 55.24% of them.
- In the context of Electronic Equipment stocks, CANAAN INC's variance in analysts' estimates is lower than -127.6% of them.
Stocks similar to CANAAN INC in the Electronic Equipment industry regarding analyst recommendations and price targets are SIMO, HIMX, and TSEM.
View All Top Stocks by Price Target
What is the outlook for CAN? Use POWR Ratings for clearer insight into price direction.