Canaan Inc ADR [CAN] stock prices are up 19.83% to $0.89 at the moment. 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 9.52% over the last week, with a monthly amount glided 19.86%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Northland Capital started tracking the stock with Market Perform rating on June 18, 2025, and set its price target to $1.50. On May 06, 2025, The Benchmark Company initiated with a Buy rating and assigned a price target of $3 on the stock. Compass Point started tracking the stock assigning a Buy rating and suggested a price target of $2.50 on March 18, 2025. B. Riley Securities initiated its recommendation with a Buy and recommended $2 as its price target on September 18, 2024. Rosenblatt started tracking with a Buy rating for this stock on September 11, 2024, and assigned it a price target of $3. In a note dated July 06, 2022, H.C. Wainwright initiated an Buy rating and provided a target price of $5 on this stock.
The stock price of Canaan Inc ADR [CAN] has been fluctuating between $0.53 and $3.27 over the past year. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. Canaan Inc ADR [NASDAQ: CAN] shares were valued at $0.89 at the most recent close of the market. An investor can expect a potential return of 124.72% based on the average CAN price forecast.
Analyzing the CAN fundamentals
The Canaan Inc ADR [NASDAQ:CAN] reported sales of 346.12M for trailing twelve months, representing a surge of 40.10%. 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 0.7999 points at the first support level, and at 0.7127 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9401, and for the 2nd resistance point, it is at 0.9931.
Ratios To Look Out For
It’s worth pointing out that Canaan Inc ADR [NASDAQ:CAN]’s Current Ratio 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 1.15, the price to book ratio is 1.29.
