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Canaan (CAN) Competitors

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GBX 275 -5.60 (-2.00%)
As of 12:26 PM Eastern

CAN vs. RPI, IDEA, CNC, PTV, and PRW

Should you buy Canaan stock or one of its competitors? Canaan's main competitors and comparable companies include Raspberry Pi (RPI), Ideagen (IDEA), Concurrent Technologies (CNC), PeerTV (PTV), and Promethean World (PRW). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "technology hardware, storage & peripherals" industry.

How does Canaan compare to Raspberry Pi?

Raspberry Pi (LON:RPI) and Canaan (LON:CAN) are both technology companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, institutional ownership, dividends, valuation, analyst recommendations, profitability, media sentiment and risk.

Raspberry Pi has a beta of 0.473, suggesting that its stock price is 53% less volatile than the broader market. Comparatively, Canaan has a beta of 2.103, suggesting that its stock price is 110% more volatile than the broader market.

Raspberry Pi has higher earnings, but lower revenue than Canaan. Canaan is trading at a lower price-to-earnings ratio than Raspberry Pi, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Raspberry Pi£323.20M3.55£5.93M£11.0053.95
Canaan£8.16B0.33N/A-£9.00N/A

Raspberry Pi has a net margin of 7.15% compared to Canaan's net margin of -0.55%. Raspberry Pi's return on equity of 12.98% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Raspberry Pi7.15% 12.98% N/A
Canaan -0.55%-1.48%N/A

12.7% of Raspberry Pi shares are held by institutional investors. Comparatively, 23.6% of Canaan shares are held by institutional investors. 1.5% of Raspberry Pi shares are held by company insiders. Comparatively, 0.3% of Canaan shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Raspberry Pi presently has a consensus target price of GBX 760, indicating a potential upside of 28.05%. Canaan has a consensus target price of GBX 350, indicating a potential upside of 27.27%. Given Raspberry Pi's higher possible upside, equities research analysts clearly believe Raspberry Pi is more favorable than Canaan.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Raspberry Pi
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Canaan
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Raspberry Pi's average media sentiment score of 0.00 equaled Canaan'saverage media sentiment score.

Company Overall Sentiment
Raspberry Pi Neutral
Canaan Neutral

Summary

Raspberry Pi beats Canaan on 7 of the 11 factors compared between the two stocks.

How does Canaan compare to Ideagen?

Canaan (LON:CAN) and Ideagen (LON:IDEA) are both technology companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, dividends, risk, institutional ownership, profitability, analyst recommendations, valuation and media sentiment.

23.6% of Canaan shares are owned by institutional investors. 0.3% of Canaan shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Ideagen has a net margin of 0.00% compared to Canaan's net margin of -0.55%. Ideagen's return on equity of 0.00% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Canaan-0.55% -1.48% N/A
Ideagen N/A N/A N/A

In the previous week, Canaan's average media sentiment score of 0.00 equaled Ideagen'saverage media sentiment score.

Company Overall Sentiment
Canaan Neutral
Ideagen Neutral

Canaan pays an annual dividend of GBX 2.20 per share and has a dividend yield of 0.8%. Ideagen pays an annual dividend of GBX 0 per share. Canaan pays out -24.4% of its earnings in the form of a dividend. Ideagen pays out 18.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Canaan is clearly the better dividend stock, given its higher yield and lower payout ratio.

Canaan presently has a consensus target price of GBX 350, indicating a potential upside of 27.27%. Given Canaan's stronger consensus rating and higher probable upside, equities analysts plainly believe Canaan is more favorable than Ideagen.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canaan
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Ideagen
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Canaan is trading at a lower price-to-earnings ratio than Ideagen, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canaan£8.16B0.33N/A-£9.00N/A
Ideagen£75.28M0.00N/A£0.02N/A

Summary

Canaan beats Ideagen on 8 of the 12 factors compared between the two stocks.

How does Canaan compare to Concurrent Technologies?

Canaan (LON:CAN) and Concurrent Technologies (LON:CNC) are both technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, risk, valuation, institutional ownership, media sentiment, profitability and dividends.

In the previous week, Canaan's average media sentiment score of 0.00 equaled Concurrent Technologies'average media sentiment score.

Company Overall Sentiment
Canaan Neutral
Concurrent Technologies Neutral

Canaan has a beta of 2.103, suggesting that its share price is 110% more volatile than the broader market. Comparatively, Concurrent Technologies has a beta of 1.299, suggesting that its share price is 30% more volatile than the broader market.

23.6% of Canaan shares are held by institutional investors. Comparatively, 15.8% of Concurrent Technologies shares are held by institutional investors. 0.3% of Canaan shares are held by insiders. Comparatively, 12.4% of Concurrent Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Concurrent Technologies has lower revenue, but higher earnings than Canaan. Canaan is trading at a lower price-to-earnings ratio than Concurrent Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canaan£8.16B0.33N/A-£9.00N/A
Concurrent Technologies£45.87M4.41£5.09M£5.5839.87

Concurrent Technologies has a net margin of 11.03% compared to Canaan's net margin of -0.55%. Concurrent Technologies' return on equity of 11.85% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Canaan-0.55% -1.48% N/A
Concurrent Technologies 11.03%11.85%8.31%

Canaan currently has a consensus price target of GBX 350, suggesting a potential upside of 27.27%. Concurrent Technologies has a consensus price target of GBX 262.50, suggesting a potential upside of 17.98%. Given Canaan's higher possible upside, research analysts clearly believe Canaan is more favorable than Concurrent Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canaan
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Concurrent Technologies
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Canaan pays an annual dividend of GBX 2.20 per share and has a dividend yield of 0.8%. Concurrent Technologies pays an annual dividend of GBX 1.10 per share and has a dividend yield of 0.5%. Canaan pays out -24.4% of its earnings in the form of a dividend. Concurrent Technologies pays out 19.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Canaan is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Concurrent Technologies beats Canaan on 8 of the 14 factors compared between the two stocks.

How does Canaan compare to PeerTV?

Canaan (LON:CAN) and PeerTV (LON:PTV) are both technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, media sentiment, earnings, profitability, risk and dividends.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canaan£8.16B0.33N/A-£9.00N/A
PeerTVN/AN/AN/AN/AN/A

In the previous week, Canaan's average media sentiment score of 0.00 equaled PeerTV'saverage media sentiment score.

Company Overall Sentiment
Canaan Neutral
PeerTV Neutral

23.6% of Canaan shares are owned by institutional investors. 0.3% of Canaan shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Canaan currently has a consensus price target of GBX 350, indicating a potential upside of 27.27%. Given Canaan's stronger consensus rating and higher probable upside, research analysts plainly believe Canaan is more favorable than PeerTV.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canaan
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
PeerTV
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

PeerTV has a net margin of 0.00% compared to Canaan's net margin of -0.55%. PeerTV's return on equity of 0.00% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Canaan-0.55% -1.48% N/A
PeerTV N/A N/A N/A

Summary

Canaan beats PeerTV on 6 of the 8 factors compared between the two stocks.

How does Canaan compare to Promethean World?

Promethean World (LON:PRW) and Canaan (LON:CAN) are both technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, media sentiment, dividends, earnings, valuation and risk.

In the previous week, Promethean World's average media sentiment score of 0.00 equaled Canaan'saverage media sentiment score.

Company Overall Sentiment
Promethean World Neutral
Canaan Neutral

Promethean World has a net margin of 0.00% compared to Canaan's net margin of -0.55%. Promethean World's return on equity of 0.00% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Promethean WorldN/A N/A N/A
Canaan -0.55%-1.48%N/A

23.6% of Canaan shares are owned by institutional investors. 0.3% of Canaan shares are owned by company 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Promethean WorldN/AN/AN/AN/AN/A
Canaan£8.16B0.33N/A-£9.00N/A

Canaan has a consensus price target of GBX 350, indicating a potential upside of 27.27%. Given Canaan's stronger consensus rating and higher probable upside, analysts clearly believe Canaan is more favorable than Promethean World.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Promethean World
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Canaan
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Canaan beats Promethean World on 6 of the 8 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

This chart shows the average media sentiment of LON 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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CAN vs. The Competition

MetricCanaanTechnology Hardware, Storage & Peripherals IndustryTechnology SectorLON Exchange
Market Cap£2.73B£110.98B£28.86B£2.92B
Dividend Yield0.69%1.74%2.75%6.17%
P/E Ratio-30.5629.3172.13367.62
Price / Sales0.3346.08593.1383,465.29
Price / CashN/A20.8949.0327.89
Price / BookN/A7.867.877.13
Net IncomeN/A£3.57B£678.68M£5.89B
7 Day Performance2.96%-2.89%-1.42%0.51%
1 Month Performance17.42%5.45%3.77%3.12%
1 Year Performance13.97%95.53%187.40%22.15%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAN
Canaan
1.2051 of 5 stars
GBX 275
-2.0%
GBX 350
+27.3%
+16.3%£2.73B£8.16BN/AN/A
RPI
Raspberry Pi
1.9232 of 5 stars
GBX 593
-2.3%
GBX 760
+28.2%
+47.8%£1.15B£323.20M53.91N/A
IDEA
Ideagen
N/AN/AN/AN/A£1.03B£75.28M17,450.009
CNC
Concurrent Technologies
1.5941 of 5 stars
GBX 235.55
-1.9%
GBX 262.50
+11.4%
+29.9%£213.98M£45.87M42.2174,300
PTV
PeerTV
N/AN/AN/AN/A£0.00N/AN/A147,000

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This page (LON:CAN) was last updated on 8/24/2026 by MarketBeat.com Staff.
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