Canaan (CAN)
(Delayed Data from NSDQ)
$0.99 USD
+0.02 (2.57%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $0.99 0.00 (-0.15%) 7:58 PM ET
2-Buy of 5 2
F Value C Growth B Momentum D VGM
Canaan (CAN) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$4.25 | $5.50 | $3.00 | 338.14% |
Price Target
Based on short-term price targets offered by two analysts, the average price target for Canaan comes to $4.25. The forecasts range from a low of $3.00 to a high of $5.50. The average price target represents an increase of 338.14% from the last closing price of $0.97.
Analyst Price Targets (2 )
Broker Rating
Canaan currently has an average brokerage recommendation (ABR) of 1.67 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by three brokerage firms. The current ABR compares to an ABR of 1.00 a month ago based on two recommendations.
Of the three recommendations deriving the current ABR, two are Strong Buy, representing 66.67% of all recommendations. A month ago, Strong Buy represented 100%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/CAN.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.67 | 1.00 | 1.00 | 1.00 | 1.00 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/19/2024 | Nomura | Param Subramanian | Not Available | Hold |
5/20/2024 | H.C. Wainwright & Co. | Kevin Dede | Strong Buy | Strong Buy |
2/28/2024 | The Benchmark Company | Michael Legg | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.67 |
ABR (Last week) | 1.00 |
# of Recs in ABR | 3 |
Average Target Price | $4.25 |
LT Growth Rate | NA |
Industry | Computer - Software |
Industry Rank by ABR | 72 of 253 |
Current Quarter EPS Est: | -0.15 |