A share price of Canaan Inc ADR [CAN] is currently trading at $0.82, up 8.54%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CAN shares have gain 19.92% over the last week, with a monthly amount glided 9.86%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Canaan Inc ADR [NASDAQ: CAN] stock has seen the most recent analyst activity on June 18, 2025, when Northland Capital initiated its Market Perform rating and assigned the stock a price target of $1.50. Previously, The Benchmark Company started tracking the stock with Buy rating on May 06, 2025, and set its price target to $3. On March 18, 2025, Compass Point initiated with a Buy rating and assigned a price target of $2.50 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $2 on September 18, 2024. Rosenblatt initiated its recommendation with a Buy and recommended $3 as its price target on September 11, 2024. H.C. Wainwright started tracking with a Buy rating for this stock on July 06, 2022, and assigned it a price target of $5. In a note dated June 08, 2022, The Benchmark Company initiated an Buy rating and provided a target price of $9 on this stock.
Canaan Inc ADR experienced fluctuations in its stock price throughout the past year between $0.53 and $3.27. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Canaan Inc ADR [NASDAQ: CAN] shares were valued at $0.82 at the most recent close of the market. An investor can expect a potential return of 143.9% based on the average CAN price forecast.
Analyzing the CAN fundamentals
Trailing Twelve Months sales for Canaan Inc ADR [NASDAQ:CAN] were 346.12M which represents 40.10% growth. Gross Profit Margin for this corporation currently stands at -0.05% with Operating Profit Margin at -0.51%, Pretax Profit Margin comes in at -0.54%, and Net Profit Margin reading is -0.77%. To continue investigating profitability, this company’s Return on Assets is posted at -0.45, Equity is -0.92 and Total Capital is -0.5. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7717 points at the first support level, and at 0.7237 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8461, and for the 2nd resistance point, it is at 0.8725.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Canaan Inc ADR [NASDAQ:CAN] is 1.76. As well, the Quick Ratio is 0.86, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 1.06, the price to book ratio is 1.19.
