$2.08
5.58% yesterday
Nasdaq, Nov 25, 10:18 pm CET
ISIN
US1347481020
Symbol
CAN

Canaan Inc - ADR Target price 2024 - Analyst rating & recommendation

Canaan Inc - ADR Classifications & Recommendation:

Buy
100%

Canaan Inc - ADR Price Target

Target Price $2.48
Price $2.08
Potential
Number of Estimates 4
4 Analysts have issued a price target Canaan Inc - ADR 2025 . The average Canaan Inc - ADR target price is $2.48. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 4 analysts: 4 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.
Analyst Estimates: Analysts believe that the Canaan Inc - ADR stock has an average upside potential 2025 of . Most analysts recommend the Canaan Inc - ADR stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 211.48 259.30
67.48% 22.61%
EBITDA Margin -153.87% -50.16%
1,191.20% 67.40%
Net Margin -311.95% -33.25%
1,864.46% 89.34%

4 Analysts have issued a sales forecast Canaan Inc - ADR 2024 . The average Canaan Inc - ADR sales estimate is

$259m
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. This is
12.92% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$268m 16.63%
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, the lowest is
$248m 8.00%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $211m 67.48%
2024
$259m 22.61%
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2025
$418m 61.26%
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2026
$322m 22.99%
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3 Analysts have issued an Canaan Inc - ADR EBITDA forecast 2024. The average Canaan Inc - ADR EBITDA estimate is

$-130m
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. This is
23.95% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-101m 40.84%
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, the lowest is
$-182m 6.43%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-325m 454.86%
2024
$-130m 60.03%
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2025
$-5.9m 95.45%
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2026
$2.0m 133.80%
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EBITDA Margin

2023 -153.87% 1,191.20%
2024
-50.16% 67.40%
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2025
-1.41% 97.19%
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2026
0.62% 143.97%
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2 Canaan Inc - ADR Analysts have issued a net profit forecast 2024. The average Canaan Inc - ADR net profit estimate is

$-86.2m
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. This is
76.67% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-13.7m 96.30%
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, the lowest is
$-159m 57.04%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-660m 673.81%
2024
$-86.2m 86.93%
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2025
$-42.4m 50.79%
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2026
$21.9m 151.61%
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Net Margin

2023 -311.95% 1,864.46%
2024
-33.25% 89.34%
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2025
-10.15% 69.47%
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2026
6.80% 167.00%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -2.41 -0.32
673.81% 86.72%
P/E negative
EV/Sales 2.02

2 Analysts have issued a Canaan Inc - ADR forecast for earnings per share. The average Canaan Inc - ADR <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.32
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. This is
76.30% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.05 96.30%
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, the lowest is
$-0.58 57.04%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-2.41 673.81%
2024
$-0.32 86.72%
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2025
$-0.16 50.00%
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2026
$0.08 150.00%
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P/E ratio

Current -1.54 31.62%
2024
-6.60 328.57%
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2025
-13.42 103.33%
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2026
26.00 293.74%
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Based on analysts' sales estimates for 2024, the Canaan Inc - ADR stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.28 280.00%
2024
2.02 11.26%
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2025
1.25 37.98%
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2026
1.63 29.85%
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P/S ratio

Current 2.48 213.91%
2024
2.20 11.44%
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2025
1.36 37.99%
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2026
1.77 29.86%
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