Canaan Inc - ADR Target price 2024 - Analyst rating & recommendation
Canaan Inc - ADR Classifications & Recommendation:
Canaan Inc - ADR Price Target
| Target Price | $3.00 |
| Price | $0.99 |
| Potential |
203.92%
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| Number of Estimates | 1 |
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1 Analyst has issued a Canaan Inc - ADR price target 2025.
The average Canaan Inc - ADR target price is $3.00.
This is
203.92%
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|
| A rating was issued by 1 analysts: 1 Analysts recommend Canaan Inc - ADR to buy, 0 to hold and 0 to sell. | |
| Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis. | |
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Analyst Estimates: Analysts believe that the Canaan Inc - ADR stock has an average upside potential 2025 of
203.92%
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Sales and Margin forecast 2024, 2025 & 2026
| Dec '23 |
2024 Estimates |
|
|---|---|---|
| Revenue Million $ | 211.48 | 225.00 |
| 67.48% | 6.39% | |
| Net Margin | -257.16% | -152.45% |
| 1,864.46% | 40.72% |
1 Analyst has issued a sales forecast Canaan Inc - ADR 2024 . The average Canaan Inc - ADR sales estimate is
This results in the following potential growth metrics:
Revenue Estimates
| 2023 | $211m | 67.48% |
|---|---|---|
| 2024 |
$225m
6.39%
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The average Canaan Inc - ADR net profit estimate is
This results in the following potential growth metrics and future Net Margins:
Net Profit Estimates
| 2023 | $-544m | 673.81% |
|---|---|---|
| 2024 |
$-343m
36.93%
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Net Margin
| 2023 | -257.16% | 1,864.46% |
|---|---|---|
| 2024 |
-152.45%
40.72%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026
| Dec '23 |
2024 Estimates |
|
|---|---|---|
| Earnings Per Share $ | -2.41 | -1.52 |
| 673.81% | 36.93% | |
| P/E | negative | |
| EV/Sales | 0.94 |
The average Canaan Inc - ADR <a href=/blog/eps>EPS is
This results in the following potential growth metrics and future valuations:
Earnings Per Share
| 2023 | $-2.41 | 673.81% |
|---|---|---|
| 2024 |
$-1.52
36.93%
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P/E ratio
| Current | -0.48 | 93.25% |
|---|---|---|
| 2024 |
-0.65
35.42%
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Based on analysts' sales estimates for 2024, the Canaan Inc - ADR stock is valued at an <a href=/blog/ev-sales-einfach-erklaert>EV/Sales of
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 1.10 | 124.49% |
|---|---|---|
| 2024 |
0.94
14.78%
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P/S ratio
| Current | 1.37 | 118.94% |
|---|---|---|
| 2024 |
1.16
14.96%
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