| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/30/2023 | 87.79% | HC Wainwright & Co. | → $4 | Reiterates | Buy → Buy |
| 05/30/2023 | 87.79% | HC Wainwright & Co. | → $4 | Reiterates | Buy → Buy |
| 11/15/2022 | 87.79% | HC Wainwright & Co. | $5 → $4 | Maintains | Buy |
| 07/06/2022 | 134.74% | HC Wainwright & Co. | → $5 | Initiates Coverage On | → Buy |
| 06/08/2022 | 322.54% | Benchmark | → $9 | Initiates Coverage On | → Buy |
| 05/16/2022 | 369.48% | DA Davidson | $15 → $10 | Maintains | Buy |
What is the target price for Canaan (CAN)?
The latest price target for Canaan (NASDAQ: CAN) was reported by HC Wainwright & Co. on August 30, 2023. The analyst firm set a price target for $4.00 expecting CAN to rise to within 12 months (a possible 87.79% upside). 3 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Canaan (CAN)?
The latest analyst rating for Canaan (NASDAQ: CAN) was provided by HC Wainwright & Co., and Canaan reiterated their buy rating.
When is the next analyst rating going to be posted or updated for Canaan (CAN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Canaan, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Canaan was filed on August 30, 2023 so you should expect the next rating to be made available sometime around August 30, 2024.
Is the Analyst Rating Canaan (CAN) correct?
While ratings are subjective and will change, the latest Canaan (CAN) rating was a reiterated with a price target of $0.00 to $4.00. The current price Canaan (CAN) is trading at is $2.13, which is within the analyst's predicted range.