While Canaan Inc ADR has underperformed by -2.23%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CAN rose by 18.55%, with highs and lows ranging from $2.47 to $0.53, whereas the simple moving average fell by -6.34% in the last 200 days.
On December 08, 2025, BTIG Research started tracking Canaan Inc ADR (NASDAQ: CAN) recommending Buy. Northland Capital also rated CAN shares as ‘Market Perform’, setting a target price of $1.50 on the company’s shares in an initiating report dated June 18, 2025. The Benchmark Company Initiated an Buy rating on May 06, 2025, and assigned a price target of $3. Compass Point initiated its ‘Buy’ rating for CAN, as published in its report on March 18, 2025. B. Riley Securities’s report from September 18, 2024 suggests a price prediction of $2 for CAN shares, giving the stock a ‘Buy’ rating. Rosenblatt also rated the stock as ‘Buy’.
Analysis of Canaan Inc ADR (CAN)
Further, the quarter-over-quarter increase in sales is 103.03%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Canaan Inc ADR’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -62.67% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.13, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and CAN is recording an average volume of 43.20M. On a monthly basis, the volatility of the stock is set at 7.58%, whereas on a weekly basis, it is put at 6.72%, with a gain of 14.89% over the past seven days. Furthermore, long-term investors anticipate a median target price of $2.91, showing growth from the present price of $0.82, which can serve as yet another indication of whether CAN is worth investing in or should be passed over.
How Do You Analyze Canaan Inc ADR Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As opposed to executive stock, institutional ownership accounts for 17.71% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
