CAN vs. EBON, CEVA, AOSL, NVTS, LASR, SPWR, ICG, AAOI, NVEC, and SKYT
Should you be buying Canaan stock or one of its competitors? The main competitors of Canaan include Ebang International (EBON), CEVA (CEVA), Alpha and Omega Semiconductor (AOSL), Navitas Semiconductor (NVTS), nLIGHT (LASR), SunPower (SPWR), Intchains Group (ICG), Applied Optoelectronics (AAOI), NVE (NVEC), and SkyWater Technology (SKYT).
Canaan (NASDAQ:CAN) and Ebang International (NASDAQ:EBON) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, risk, valuation, profitability, dividends, earnings, community ranking and media sentiment.
Canaan received 6 more outperform votes than Ebang International when rated by MarketBeat users. However, 100.00% of users gave Ebang International an outperform vote while only 61.11% of users gave Canaan an outperform vote.
Canaan has a beta of 3.11, meaning that its share price is 211% more volatile than the S&P 500. Comparatively, Ebang International has a beta of 1.85, meaning that its share price is 85% more volatile than the S&P 500.
Ebang International has lower revenue, but higher earnings than Canaan.
Ebang International has a net margin of 0.00% compared to Canaan's net margin of -192.95%. Ebang International's return on equity of 0.00% beat Canaan's return on equity.
Canaan currently has a consensus price target of $4.25, indicating a potential upside of 312.62%. Given Canaan's higher possible upside, analysts plainly believe Canaan is more favorable than Ebang International.
In the previous week, Canaan had 3 more articles in the media than Ebang International. MarketBeat recorded 3 mentions for Canaan and 0 mentions for Ebang International. Ebang International's average media sentiment score of 0.00 beat Canaan's score of -0.07 indicating that Ebang International is being referred to more favorably in the news media.
70.1% of Canaan shares are held by institutional investors. Comparatively, 1.2% of Ebang International shares are held by institutional investors. 0.3% of Canaan shares are held by insiders. Comparatively, 25.4% of Ebang International shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Summary
Ebang International beats Canaan on 8 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CAN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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