Canaan Inc. (CAN) is currently trading at $0.38 with a Wall Street consensus price target of $1.48, implying potential upside of 291.0% over the next 12 months. 6 analysts currently cover CAN, with a consensus rating of Buy - 100% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $2.1, while the most cautious has a target of $0.75.
CAN operates in the Technology sector with a market capitalisation of $276M. The stock is down 51.0% year-to-date and is currently trading near the lower end of its 52-week range of $0.15 – $2.22.
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