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10 Best Penny Stocks to Buy Now - 9 of 10

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Canaan (NASDAQ:CAN)

Number of Upgrades from Top-Ranked Analysts
4 (in the last 90 days)
Consensus Rating
Moderate Buy
Rating Score
2.8
Ratings Breakdown
4 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$3.88 (456.1% Upside)

About Canaan

Canaan logoCanaan Inc engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. More about Canaan
 

Recent Analyst Ratings

DateBrokerageActionRatingPrice TargetDetails
4/11/2025Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$8.00 ➝ $8.00
3/27/2025HC WainwrightReiterated RatingBuy ➝ Buy$3.00 ➝ $3.00
3/27/2025Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$8.00 ➝ $8.00
3/18/2025Compass PointInitiated CoverageBuy$2.50
3/17/2025Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$8.00 ➝ $8.00
3/11/2025Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$8.00 ➝ $8.00
3/4/2025HC WainwrightReiterated RatingBuy ➝ Buy$3.00 ➝ $3.00
3/4/2025Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$8.00 ➝ $8.00
2/20/2025Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$8.00 ➝ $8.00
1/22/2025HC WainwrightReiterated RatingBuy ➝ Buy$3.00 ➝ $3.00
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