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Canaan (CAN) Competitors

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$0.84 -0.03 (-3.81%)
Closing price 07/24/2025 04:00 PM Eastern
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$0.82 -0.02 (-2.24%)
As of 07:03 AM Eastern
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CAN vs. JKS, BELFA, NSSC, LASR, SHLS, INDI, CSIQ, ICHR, BKSY, and IMOS

Should you be buying Canaan stock or one of its competitors? The main competitors of Canaan include JinkoSolar (JKS), Bel Fuse (BELFA), NAPCO Security Technologies (NSSC), nLight (LASR), Shoals Technologies Group (SHLS), indie Semiconductor (INDI), Canadian Solar (CSIQ), Ichor (ICHR), BlackSky Technology (BKSY), and Chipmos Technologies (IMOS). These companies are all part of the "electronic equipment" industry.

Canaan vs. Its Competitors

JinkoSolar (NYSE:JKS) and Canaan (NASDAQ:CAN) are both small-cap electronic equipment companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, institutional ownership, analyst recommendations, risk, media sentiment and profitability.

JinkoSolar presently has a consensus target price of $27.19, indicating a potential upside of 13.22%. Canaan has a consensus target price of $2.67, indicating a potential upside of 217.91%. Given Canaan's stronger consensus rating and higher possible upside, analysts clearly believe Canaan is more favorable than JinkoSolar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
JinkoSolar
4 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.57
Canaan
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
JinkoSolar$83.06B0.01$7.47M-$5.02-4.78
Canaan$269.32M1.16-$249.75M-$1.02-0.82

JinkoSolar has a net margin of -2.23% compared to Canaan's net margin of -93.62%. JinkoSolar's return on equity of -2.95% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
JinkoSolar-2.23% -2.95% -0.76%
Canaan -93.62%-98.53%-57.74%

JinkoSolar has a beta of 0.22, meaning that its stock price is 78% less volatile than the S&P 500. Comparatively, Canaan has a beta of 3.29, meaning that its stock price is 229% more volatile than the S&P 500.

35.8% of JinkoSolar shares are owned by institutional investors. Comparatively, 70.1% of Canaan shares are owned by institutional investors. 19.8% of JinkoSolar shares are owned by insiders. Comparatively, 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.

In the previous week, Canaan had 5 more articles in the media than JinkoSolar. MarketBeat recorded 6 mentions for Canaan and 1 mentions for JinkoSolar. JinkoSolar's average media sentiment score of 1.56 beat Canaan's score of 0.60 indicating that JinkoSolar is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
JinkoSolar
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Canaan
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Canaan beats JinkoSolar on 9 of the 16 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 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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CAN vs. The Competition

MetricCanaanFIN IndustryFinance SectorNASDAQ Exchange
Market Cap$325.17M$8.04B$12.32B$9.47B
Dividend YieldN/A4.68%5.53%3.99%
P/E Ratio-0.8219.0119.0619.95
Price / Sales1.165.8826.25100.89
Price / CashN/A21.8321.8458.97
Price / Book1.182.792.275.90
Net Income-$249.75M$314.15M$998.01M$258.42M
7 Day Performance-6.70%3.17%0.88%2.11%
1 Month Performance37.01%19.31%4.39%12.44%
1 Year Performance-16.95%26.66%540.85%19.55%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAN
Canaan
3.0632 of 5 stars
$0.84
-3.8%
$2.67
+217.9%
-17.0%$325.17M$269.32M-0.82350
JKS
JinkoSolar
1.8693 of 5 stars
$23.41
+1.0%
$27.19
+16.1%
+17.6%$1.20B$12.64B-4.6633,830Positive News
BELFA
Bel Fuse
3.2661 of 5 stars
$91.85
+0.9%
$115.00
+25.2%
+11.5%$1.16B$534.79M28.176,300News Coverage
NSSC
NAPCO Security Technologies
2.6611 of 5 stars
$30.44
+0.2%
$30.83
+1.3%
-45.6%$1.09B$188.82M24.951,070Positive News
LASR
nLight
1.8687 of 5 stars
$19.54
-2.1%
$17.70
-9.4%
+61.5%$966.06M$198.55M-17.291,100Positive News
SHLS
Shoals Technologies Group
4.0051 of 5 stars
$5.64
+2.2%
$8.77
+55.5%
-15.3%$942.90M$399.21M47.001,290Gap Up
INDI
indie Semiconductor
2.4238 of 5 stars
$4.41
-5.8%
$6.08
+37.9%
-29.5%$937.17M$216.68M-5.88400Positive News
CSIQ
Canadian Solar
2.5094 of 5 stars
$12.90
+5.3%
$14.16
+9.8%
-19.0%$863.91M$5.99B-25.801,224
ICHR
Ichor
4.4005 of 5 stars
$22.60
-0.7%
$32.67
+44.5%
-39.9%$771.11M$849.04M-47.082,380Positive News
BKSY
BlackSky Technology
1.3829 of 5 stars
$22.35
-5.7%
$24.33
+8.9%
+133.7%$707.22M$102.09M-8.69210Trending News
Analyst Forecast
Analyst Revision
High Trading Volume
IMOS
Chipmos Technologies
2.6531 of 5 stars
$18.21
+0.5%
N/A-25.6%$653.01M$692.20M18.585,898

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This page (NASDAQ:CAN) was last updated on 7/25/2025 by MarketBeat.com Staff
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