0.9914
price up icon4.24%   +0.0403
after-market  After Hours:  .9879  -0.0035   -0.35%
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Canaan Inc ADR Stock (CAN) Forecast

The Canaan Inc ADR (CAN) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $2.9476, representing a +197.32% increase from the current price of $0.9914. The highest analyst price target is $2.9675, and the lowest is $2.9276.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month CAN Price Target
Average 2.0873 (+110.54% Upside)
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Is Canaan Inc ADR (CAN) A Buy Now?

Oscillators
Name Value Action
RSI(14) 38.52 Neutral
STOCH(9,6) 21.64 Neutral
STOCHRSI(14) 82.06 Sell
MACD(12,26) -0.1464 Sell
ADX(14) 16.15 Neutral
William %R -62.57 Neutral
CCI(14) -69.35 Neutral
Buy: 0 Sell: 2 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
1.0345
Sell
1.0293
Sell
MA20
1.1872
Sell
1.1458
Sell
MA50
1.4703
Sell
1.3664
Sell
MA100
1.6659
Sell
1.5662
Sell
MA200
1.8921
Sell
1.8336
Sell
Buy: 0 Sell: 10 Neutral: 0
Summary: Sell
According to our latest analysis, CAN could be considered a Strong Sell, with 17 technical analysis indicators signaling 0 Buy signals, 12 signaling Sell signals and 5 Neutral signals. This might not be a good time to consider opening new positions on CAN, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 38.52 indicates that CAN is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 21.64 indicates that CAN is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 82.06 indicates that CAN is oversold. This suggests that CAN price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 16.15 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -69.35 indicates that CAN is still oversold but not to an extreme extent.

Long-term CAN price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Canaan Inc ADR financial reports and earnings history, Canaan Inc ADR (CAN) stock could reach $29.14 by 2030, $7.6525 by 2040 and $17.71 by 2050. See the projected annual prices until 2050 of the Canaan Inc ADR stock below:

  • Canaan Inc ADR (CAN) is expected to reach an average price of $6.8124 in 2035, with a high prediction of $7.1792 and a low estimate of $6.6696. This indicates an $587.15% rise from the last recorded price of $0.9914.
  • Canaan Inc ADR (CAN) stock is projected to chart a bullish course in 2040, with an average price target of $7.9525, representing an $702.15% surge from its current level. The forecast ranges from a conservative $7.8196 to a sky-high $7.6525.
  • Our analysts predict Canaan Inc ADR (CAN) to jump 1,272% by 2045, soaring from $13.61 to an average price of $13.61, potentially reaching $13.67. While $13.61 is the low estimate, the potential upside is significant.
  • Canaan Inc ADR (CAN) stock is expected to climb by 2050, reaching an average of $16.65, a $1,580% jump from its current level. However, a wide range of estimates exists, with high and low targets of $17.71 and $16.84, respectively, highlighting the market's uncertainty.

Canaan Inc ADR Stock (CAN) Year by Year Forecast

Canaan Inc ADR Stock (CAN) Price Forecast for 2024

Our forecast for CAN stock price in 2024 now indicates an average price target of $2.2206 with a high forecast of $3.8126 and a low forecast of $0.6286. The average prediction reflects an increase of +123.98% from the last recorded price of $0.9914.
Month Average Low High Change from today's price
May, 2024 $2.7836 $2.9276 $2.9675 +180.78%
June, 2024 $1.3079 $1.3479 $1.0958 +31.93%
July, 2024 $3.6933 $1.389 $2.5633 +272.53%
August, 2024 $3.8376 $3.7594 $3.8126 +287.09%
September, 2024 $3.1329 $3.2429 $3.7687 +216.01%
October, 2024 $3.5972 $3.334 $3.5672 +262.84%
November, 2024 $3.6315 $3.5483 $3.4815 +266.30%
December, 2024 $3.5069 $3.5469 $3.4959 +253.73%

Canaan Inc ADR Stock (CAN) Price Forecast for 2025

Canaan Inc ADR Stock (CAN) is expected to reach an average price of $17.24 in 2025, with a high prediction of $34.12 and a low estimate of $0.3619. This indicates an +1,639% rise from the last recorded price of $0.9914.
Month Average Low High Change from today's price
January, 2025 $2.7062 $3.0312 $3.1791 +172.97%
February, 2025 $1.5605 $0.4644 $1.9767 +57.40%
March, 2025 $1.0991 $0.4491 $2.1991 +10.87%
April, 2025 $0.9448 $0.3619 $0.9948 -4.70%
May, 2025 $14.97 $1.5652 $20.74 +1,410%
June, 2025 $17.10 $10.65 $34.12 +1,624%
July, 2025 $7.6809 $6.662 $16.81 +674.75%
August, 2025 $3.6466 $2.2966 $8.4898 +267.82%
September, 2025 $3.4912 $2.8423 $6.7655 +252.15%
October, 2025 $1.1769 $0.7369 $3.4001 +18.71%
November, 2025 $3.5526 $1.2059 $6.1737 +258.35%
December, 2025 $3.5973 $3.0073 $5.7983 +262.85%

Canaan Inc ADR Stock (CAN) Price Forecast for 2026

The predicted value for Canaan Inc ADR (CAN) in 2026 is set at an average of $3.5087. Estimates vary from a peak of $6.9475 to a trough of $0.07, indicating an +253.92% surge from the present price of $0.9914.
Month Average Low High Change from today's price
January, 2026 $1.953 $1.0851 $3.3562 +96.99%
February, 2026 $4.4687 $1.8269 $5.4287 +350.74%
March, 2026 $1.8933 $1.8333 $6.9475 +90.97%
April, 2026 $1.059 $0.6651 $2.5822 +6.82%
May, 2026 $0.2553 $0.2858 $1.7069 -74.25%
June, 2026 $1.0694 $0.1026 $1.9104 +7.86%
July, 2026 $1.4051 $0.3161 $2.6572 +41.72%
August, 2026 $0.4397 $0.4305 $3.074 -55.65%
September, 2026 $0.5946 $0.1025 $0.5877 -40.02%
October, 2026 $0.0711 $0.0922 $0.3722 -92.83%
November, 2026 $0.2743 $0.07 $0.525 -72.34%
December, 2026 $0.4914 $0.1906 $1.0925 -50.43%

Canaan Inc ADR Stock (CAN) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Canaan Inc ADR (CAN) is $0.5721, with a high forecast of $1.1382 and a low forecast of $0.00607. This indicates an -42.29% decrease from the last price of $0.9914.
Month Average Low High Change from today's price
January, 2027 $0.2071 $0.0771 $1.0082 -79.11%
February, 2027 $0.0772 $0.00607 $0.4361 -92.22%
March, 2027 $0.0475 $0.0625 $0.2596 -95.21%
April, 2027 $0.4168 $0.2207 $0.4064 -57.96%
May, 2027 $0.6022 $0.5807 $0.45 -39.26%
June, 2027 $0.6565 $0.7733 $0.8604 -33.78%
July, 2027 $0.2792 $0.0886 $0.6503 -71.84%
August, 2027 $0.0339 $0.0461 $1.1382 -96.58%
September, 2027 $0.0396 $0.0104 $0.4596 -96.01%
October, 2027 $0.00527 $0.0397 $0.5563 -99.47%
November, 2027 $0.6301 $0.00688 $0.2781 -36.44%
December, 2027 $0.2944 $0.4444 $0.3712 -70.31%

Canaan Inc ADR Stock (CAN) Price Forecast for 2028

In 2028, Canaan Inc ADR (CAN) is projected to reach an average price of $4.4803, with a high projection of $8.9529 and a low estimate of $0.00768. This indicates an +351.92% rise from the last price of $0.9914.
Month Average Low High Change from today's price
January, 2028 $0.5702 $0.0313 $0.8863 -42.48%
February, 2028 $0.4459 $0.3259 $0.8681 -55.02%
March, 2028 $0.2084 $0.2551 $0.4249 -78.98%
April, 2028 $0.3026 $0.3394 $0.2876 -69.47%
May, 2028 $0.108 $0.143 $0.1937 -89.10%
June, 2028 $0.2223 $0.2891 $0.2023 -77.58%
July, 2028 $0.665 $0.00768 $1.3223 -32.92%
August, 2028 $7.4464 $5.30 $4.7864 +651.10%
September, 2028 $6.465 $6.935 $7.3186 +552.11%
October, 2028 $7.7958 $6.8772 $6.4258 +686.34%
November, 2028 $7.9344 $7.1601 $6.7144 +700.32%
December, 2028 $9.0029 $8.8565 $8.9529 +808.10%

Canaan Inc ADR Stock (CAN) Price Forecast for 2029

The 2029 price forecast for Canaan Inc ADR Stock (CAN) is $9.597 on average, with a high prediction of $15.70 and a low estimate of $3.4911. This represents an +868.02% increase from the previous price of $0.9914.
Month Average Low High Change from today's price
January, 2029 $6.6737 $7.6037 $8.9701 +573.16%
February, 2029 $7.8823 $7.2558 $6.8623 +695.06%
March, 2029 $9.6509 $9.3044 $9.4609 +873.46%
April, 2029 $9.4416 $9.5916 $9.5502 +852.35%
May, 2029 $9.1002 $8.8859 $8.7307 +817.91%
June, 2029 $9.1388 $9.0966 $9.1345 +821.81%
July, 2029 $8.9995 $9.0295 $8.9731 +807.76%
August, 2029 $8.5381 $8.8679 $8.8217 +761.22%
September, 2029 $4.8167 $5.8567 $8.2103 +385.85%
October, 2029 $6.6474 $5.7288 $6.3131 +570.51%
November, 2029 $5.316 $4.7017 $5.076 +436.21%
December, 2029 $5.1232 $3.4911 $15.70 +416.77%

Canaan Inc ADR Stock (CAN) Price Forecast for 2030

Canaan Inc ADR Stock (CAN) is expected to reach an average price of $14.58 in 2030, with a high forecast of $29.14 and a low forecast of $0.0112. This signifies an +1,370% surge from the last price of $0.9914.
Month Average Low High Change from today's price
January, 2030 $7.5147 $5.7048 $29.14 +657.98%
February, 2030 $3.8661 $2.3161 $14.29 +289.96%
March, 2030 $0.1075 $1.1125 $5.3618 -89.16%
April, 2030 $0.3133 $0.5633 $2.031 -68.40%
May, 2030 $2.5018 $1.6276 $1.4618 +152.36%
June, 2030 $0.0904 $2.1504 $2.5961 -90.88%
July, 2030 $0.6188 $0.0112 $1.6474 -37.58%
August, 2030 $2.6298 $0.4633 $2.4098 +165.26%
September, 2030 $0.0095 $0.3313 $2.1619 -99.04%
October, 2030 $0.1109 $0.0426 $2.7051 -88.81%
November, 2030 $2.9577 $0.0122 $2.3914 +198.33%
December, 2030 $3.7184 $3.332 $2.7441 +275.07%
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