Canaan (CAN.US) Price Target 2026/2027: 760% Upside – Rating and Stock Analysis

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Price history for Canaan (CAN.US) – stock price at 0.20 $, August 2026
Canaan stock price – price development 2026. Updated Aug 6, 2026.
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Canaan Price Target 2026: Analysts See 762% Upside

The average price target for Canaan is $1.72. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 762,16% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Canaan overvalued or undervalued?

Canaan is currently undervalued with a gap of 762.2% relative to the price target.


The current price is $0.20, which places Canaan in the undervalued category. The stock is considered undervalued when the price is below $1.55, and overvalued when the price exceeds $1.89.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Canaan, the fair value range lies between $1.55 and $1.89.


See the full price target analysis for Canaan →

Analyst Ratings for Canaan stock in 2026: Strong Buy

6 analysts cover Canaan. There is broad agreement on a positive view — 100% recommend buying. The average price target is $1.72, which gives an upside of 762.2% from the current price.

Consensus: Strong Buy (4.83/5)
Strong Buy
5 (83.3%)
Buy
1 (16.7%)
Strong Sell Sell Hold Buy Strong Buy
4.83 out of 5 based on 6 analysts

About Canaan – Computer Hardware

can.us laver og sælger udstyr til bitcoin-mining. Helt konkret udvikler de integrerede kredsløb, altså IC-chips, som de bruger til at bygge de færdige miningsmaskiner. De tjener primært penge på salg af disse specialiserede IC-produkter og det færdige mineudstyr. Virksomheden blev grundlagt i 2013 og har base i Beijing. can.us sælger deres udstyr, reservedele og står også for selve samlingen. De samarbejder strategisk med Northern Data AG om AI, blockchain og datacenterdrift. can.us er altså en hardwareproducent, der leverer de centrale komponenter til kryptovaluta-industrien. Read more about the company

Key Figures for Canaan

$ 149M Market cap
$ 510M Revenue
Computer Hardware Industry
- P/E
0.29 P/S
0.33 P/B
USA Listed on exchange

What kind of stock is Canaan?

Speculative stock

Canaan is classified as a speculative stock.

Score Overview for Canaan

💰 Value Score 61/100 (High)
⭐ Quality Score 7/100 (Very Low)
🚀 Momentum Score 1/100 (Very Low)
📊 Total Score 23/100

⚠️ 5 red flags identified 3 critical

Our analysis has identified 5 potential risk factors in Canaan that investors should be aware of.

⚠️ Weak financial health: The Piotroski score is only 2/9 – the company shows signs of weakened profitability, liquidity or capital structure.
⚠️ Weak balance sheet (elevated risk): Altman Z2 is 0.41 – the balance sheet is measurably weaker than average. This is a risk signal based on the numbers, not a bankruptcy prediction.
🚨 Negative profit margin: The profit margin is -41.7% – the company is losing money on its operations.
🚨 Negative return on equity: ROE is -67.9% – the company is generating a negative return for shareholders.
🚨 Falling earnings: Quarterly earnings have fallen 92% year over year – the company's profitability is under pressure.

📈 Valuation

The P/S ratio is 0.3 (low — potentially undervalued relative to revenue). The P/B ratio is 0.3, below book value, which can point to a value opportunity.

💵 Profitability & Growth

The latest quarterly earnings grew -91.6% year over year — falling earnings.

🏦 Financial Health

The Piotroski score is 2 out of 9 — weak financial health, be careful. Altman Z2 is 0.41 (weak balance sheet — elevated risk). The debt-to-equity ratio (D/E) is 73.9% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 9.16% — elevated, some investors are betting on a decline.

Canaan Dividend 2026

Dividend Key Figures for Canaan in 2026

Dividend per share
0.38 USD
Avg. annual dividend (3 years)
0.38 USD

When does Canaan pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
November 15, 2021
Latest payment date
December 2, 2021

How much does Canaan pay in dividends?

Canaan pays dividends to its shareholders. The most recently paid dividend was 0.38 USD per share.

Historical Dividend Payments for Canaan

We have registered dividend payments for Canaan since 2021-11-15. In that period the stock has paid a dividend 1 times, most recently on 2021-11-15. However, the stock does not qualify as a stable or sporadic dividend stock, because the dividend payments have been inconsistent in recent years.

Ex-datePayment dateAmountCurrencyPeriod
2021-11-152021-12-020.38USDUnknown period

Canaan Short Selling 2026: 9.2% Sold Short

High short interest: 9.2% of the free float
Short % of free float
9.2%
Assessment
High short interest
Short squeeze risk
Moderate
Data source
SEC
Updated daily
The stock has a high share of short selling. Between 5-10% of the freely traded shares are sold short, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze.

What does this mean for you as an investor?
A short interest of 9.2% means that 9.2% of the freely traded shares in Canaan have been borrowed and sold by investors betting on falling prices.

The next potential catalyst is the earnings report on 8/13/2026. With a short interest of 9.2%, the report can trigger considerable volatility.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
9.2%

When Does Canaan Report Earnings – Next Date: 8/13/2026

The next earnings report from Canaan is scheduled for August 13, 2026, before the market opens. This report covers the second quarter (Q2), which ended on June 30, 2026.



Technical Analysis of Canaan 2026 – Signal: Strong Sell

Overall Technical Signal: Strong Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of Canaan (CAN.US) – RSI 35, MACD negative (bearish), daily candlestick chart August 2026
Canaan technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of Canaan Inc

Canaan Inc is in a short-term downtrend. The price of $0.20 is 22.1% below the 20-day average ($0.25). Medium term, the picture is negative: the price is 35.6% below the 50-day average ($0.31). Long term, the stock is 68.6% below the 200-day average ($0.63), which signals a long-term downtrend.

Death Cross: The 50-day average (0.31) is below the 200-day average (0.63), which is a classic bearish signal for Canaan Inc.

Is Canaan Inc overbought or oversold?

Canaan Inc has an RSI of 35.2. The stock sits in the lower part of the neutral zone, which points to weak momentum without being oversold. In the current downtrend, be careful about reading this as a buying opportunity.

MACD Analysis for Canaan Inc

Daily MACD: MACD is negative (-0.034), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is below the signal line (-0.030) by 0.004, which confirms growing negative momentum in the downtrend.

Weekly MACD: MACD5 is negative (-0.122), which indicates a broader bearish long-term trend. MACD5 is below the signal line (-0.117) by 0.005, which confirms continued negative long-term momentum.

Overall MACD assessment: Both the daily and weekly MACD are negative and below their signal lines. Trend and momentum are negative across time horizons – the strongest bearish signal.

Risk Profile for Canaan Inc

Canaan Inc has an annual standard deviation of 120.4%, which classifies the stock as extreme risk. Only risk-tolerant investors should consider this stock, because the price swings can be very large.

Overall Technical Conclusion for Canaan Inc

Trend: Negative. The price trades below SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-0.034). Weekly bearish (-0.122).

MACD momentum (signal): Daily falling. Weekly falling.

RSI: 35.2 – neutral.

Technical signal: Strong Sell

The price is in a downtrend (below SMA50/SMA200) and MACD is negative on both a daily and weekly basis. Avoid buying and consider closing existing positions.

Frequently Asked Questions About Canaan stock in 2026

Should you buy Canaan stock now?
No, the technical signal for Canaan is currently SELL. Canaan trades at $0.20 as of 8/6/2026. The overall technical signal is: Strong Sell. The technical analysis shows the following: MACD is negative (bearish trend) at -0.034 with falling momentum (signal: -0.030); RSI is at 35.2 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $1.72 points to 762.2% upside. The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for Canaan stock?
The average analyst price target for Canaan is $1.72. The current price is $0.20, which gives an upside of 762.2%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $1.55 and $1.89.
Is Canaan a dividend stock?
No, Canaan does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of Canaan stock?
Canaan is rated as a stock with extreme risk. the annual standard deviation is 120.4%, which classifies the stock as extreme risk.
Is Canaan overvalued?
No, Canaan is considered undervalued based on the analyst price target (762.2% upside). Canaan has the following valuation ratios: a P/S ratio of 0.3, a P/B ratio of 0.3. The analyst price target suggests that the stock is undervalued by 762.2%.
Is Canaan overbought?
No, Canaan is not overbought. RSI is at 35.2 (neutral zone). The technical indicators show: RSI is at 35.2 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 21.1% below the 20-day average (short-term downtrend). In addition, MACD is negative with falling momentum (bearish).
When is the next Canaan earnings report?
Canaan reports its next earnings on August 13, 2026. The stock currently trades at $0.20.
Is Canaan shorted?
Yes, Canaan is shorted with 9.2% of the free float sold short. This is a high level of short selling, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze. Data is updated daily based on official filings with the SEC.
Are insiders buying Canaan stock?
There is currently no registered insider trading for Canaan.
Is Canaan a good stock?
Based on our total score, Canaan is rated as a poor stock with a total score of 23 out of 100. The stock scores below average on value, quality and momentum – it sits at the lower end of the market. The score is made up of Value: 61/100, Quality: 7/100, Momentum: 1/100. In addition: analysts see 762.2% upside to the price target; technical signal: Strong Sell. Whether Canaan is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Canaan stock?
The outlook for Canaan based on current data: the average analyst price target is $1.72 (+762.2%); the stock is in a downtrend (below SMA50 and SMA200); the next earnings report is due on 8/13/2026, which can move the price. Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Canaan stock falling?
Canaan is falling right now. The technical indicators show: the price is 21.1% below the 20-day average; MACD is negative with falling momentum (bearish signal); short interest is 9.2% (high – many are betting on a decline). For the latest context, see our technical analysis, insider section and news overview above.
How high can Canaan go?
The average analyst price target for Canaan is $1.72, which corresponds to a potential gain of 762.2% from the current price of $0.20. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Canaan fall?
We lack enough history to give a specific floor for Canaan. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Canaan do?
can.us laver og sælger udstyr til bitcoin-mining. Helt konkret udvikler de integrerede kredsløb, altså IC-chips, som de bruger til at bygge de færdige miningsmaskiner. De tjener primært penge på salg af disse specialiserede IC-produkter og det færdige mineudstyr. Virksomheden... The company belongs to the Teknologi sector, more specifically the Computer Hardware industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Canaan as an investment.
Did Canaan raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Canaan. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Canaan making money or losing money?
No, Canaan is currently not making money — the company is losing money with a negative profit margin of -41.7%, a substantial loss. That means the business loses money on every dollar of revenue. For growth stocks investing in expansion this is normal — but it raises the risk if the company does not reach break-even before its capital runs out.
Can Canaan go bankrupt?
The bankruptcy risk of Canaan is rated as elevated. Altman Z2 (a model for assessing financial distress) is 0.41 — that places the company in the weak zone. This is a probability based on the numbers, not a verdict — bankruptcy is not imminent. But the balance sheet is measurably weaker than average, so watch the debt, liquidity and possible capital raises. The Piotroski score (financial health 0-9, higher is better) is 2 — which is weak. Debt relative to equity is 74% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Canaan have a lot of debt?
No, Canaan has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 74%. For the teknologi sector, anything below 80% counts as low debt. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.