Canaan (CAN) Competitors $0.72 -0.01 (-1.29%) Closing price 09/3/2025 04:00 PM EasternExtended Trading$0.72 +0.00 (+0.17%) As of 04:10 AM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock CAN vs. SHLS, INDI, KE, AMBQ, CSIQ, AIOT, BKSY, ICHR, SKYT, and IMOSShould you be buying Canaan stock or one of its competitors? The main competitors of Canaan include Shoals Technologies Group (SHLS), indie Semiconductor (INDI), Kimball Electronics (KE), Ambiq Micro (AMBQ), Canadian Solar (CSIQ), PowerFleet (AIOT), BlackSky Technology (BKSY), Ichor (ICHR), SkyWater Technology (SKYT), and Chipmos Technologies (IMOS). These companies are all part of the "electronic equipment" industry. Canaan vs. Its Competitors Shoals Technologies Group indie Semiconductor Kimball Electronics Ambiq Micro Canadian Solar PowerFleet BlackSky Technology Ichor SkyWater Technology Chipmos Technologies Shoals Technologies Group (NASDAQ:SHLS) and Canaan (NASDAQ:CAN) are both small-cap electronic equipment companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, media sentiment, dividends, risk, profitability, valuation and earnings. Which has preferable valuation & earnings, SHLS or CAN? Shoals Technologies Group has higher revenue and earnings than Canaan. Canaan is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioShoals Technologies Group$399.21M2.84$24.13M$0.1352.15Canaan$269.32M0.99-$249.75M-$0.90-0.80 Does the media refer more to SHLS or CAN? In the previous week, Canaan had 1 more articles in the media than Shoals Technologies Group. MarketBeat recorded 10 mentions for Canaan and 9 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 1.24 beat Canaan's score of 0.28 indicating that Shoals Technologies Group is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Shoals Technologies Group 6 Very Positive mention(s) 2 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Canaan 3 Very Positive mention(s) 1 Positive mention(s) 4 Neutral mention(s) 0 Negative mention(s) 1 Very Negative mention(s) Neutral Which has more volatility & risk, SHLS or CAN? Shoals Technologies Group has a beta of 1.63, indicating that its stock price is 63% more volatile than the S&P 500. Comparatively, Canaan has a beta of 3.45, indicating that its stock price is 245% more volatile than the S&P 500. Is SHLS or CAN more profitable? Shoals Technologies Group has a net margin of 5.27% compared to Canaan's net margin of -77.01%. Shoals Technologies Group's return on equity of 7.57% beat Canaan's return on equity.Company Net Margins Return on Equity Return on Assets Shoals Technologies Group5.27% 7.57% 5.32% Canaan -77.01%-92.49%-50.12% Do insiders & institutionals have more ownership in SHLS or CAN? 70.1% of Canaan shares are owned by institutional investors. 0.5% of Shoals Technologies Group shares are owned by insiders. Comparatively, 0.3% of Canaan shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth. Do analysts rate SHLS or CAN? Shoals Technologies Group presently has a consensus price target of $9.15, indicating a potential upside of 34.99%. Canaan has a consensus price target of $2.50, indicating a potential upside of 248.77%. Given Canaan's stronger consensus rating and higher probable upside, analysts clearly believe Canaan is more favorable than Shoals Technologies Group.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Shoals Technologies Group 2 Sell rating(s) 6 Hold rating(s) 14 Buy rating(s) 0 Strong Buy rating(s) 2.55Canaan 0 Sell rating(s) 3 Hold rating(s) 5 Buy rating(s) 0 Strong Buy rating(s) 2.63 SummaryShoals Technologies Group beats Canaan on 11 of the 16 factors compared between the two stocks. Get Canaan News Delivered to You Automatically Sign up to receive the latest news and ratings for CAN and its competitors with MarketBeat's FREE daily newsletter. Subscribe Now View SMS TermsBy entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?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. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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.Skip Chart CAN vs. The Competition Export to ExcelMetricCanaanFIN IndustryFinance SectorNASDAQ ExchangeMarket Cap$277.81M$7.94B$12.60B$9.76BDividend YieldN/A4.64%5.43%4.49%P/E Ratio-0.8016.83228.2826.60Price / Sales0.996.6131.56158.84Price / CashN/A25.5819.0628.92Price / Book0.824.652.336.56Net Income-$249.75M$311.02M$1.01B$266.04M7 Day Performance-5.72%-2.69%-0.37%-0.89%1 Month Performance9.75%1.15%3.19%4.34%1 Year Performance-22.51%33.87%542.31%24.06% Canaan Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)CANCanaan3.3403 of 5 stars$0.72-1.3%$2.50+248.8%-21.4%$277.81M$269.32M-0.80350Gap UpSHLSShoals Technologies Group4.615 of 5 stars$6.51-1.2%$9.15+40.6%+8.8%$1.09B$400.35M50.081,290Positive NewsINDIindie Semiconductor2.5105 of 5 stars$4.53-4.0%$5.90+30.2%+14.0%$979.25M$216.68M-5.39400News CoverageInsider TradeKEKimball Electronics3.0423 of 5 stars$28.87+0.0%$28.00-3.0%+64.7%$703.85M$1.49B43.095,700Analyst UpgradeAMBQAmbiq MicroN/A$39.50+1.0%$43.75+10.8%N/A$696.78MN/A0.00190Quiet Period ExpirationCSIQCanadian Solar1.3334 of 5 stars$9.78+2.8%$11.86+21.3%-19.2%$654.99M$5.92B-16.301,224Analyst ForecastAIOTPowerFleet3.2765 of 5 stars$4.67+0.2%$10.50+124.8%-4.6%$623.17M$362.52M-15.572,518News CoveragePositive NewsBKSYBlackSky Technology2.0365 of 5 stars$17.51-3.1%$23.50+34.2%+88.6%$621.10M$104.66M-5.21210Positive NewsICHRIchor4.331 of 5 stars$16.85-4.2%$23.80+41.2%-44.0%$578.46M$849.04M-27.622,380SKYTSkyWater Technology1.8921 of 5 stars$11.99-2.5%$13.00+8.4%+28.9%$577.68M$342.27M-35.26590Insider TradeIMOSChipmos Technologies2.703 of 5 stars$15.72-1.9%N/A-25.9%$563.72M$692.20M174.675,898News CoveragePositive NewsBuyback AnnouncementGap Up Related Companies and Tools Related Companies SHLS Alternatives INDI Alternatives KE Alternatives AMBQ Alternatives CSIQ Alternatives AIOT Alternatives BKSY Alternatives ICHR Alternatives SKYT Alternatives IMOS Alternatives Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (NASDAQ:CAN) was last updated on 9/4/2025 by MarketBeat.com Staff From Our PartnersCrypto Income (almost instantly)How would you like to collect a small percentage of the $4 billion changing hands daily in the crypto market? ...Awesomely, LLC | SponsoredNVIDIA's Worst Nightmare?$2 TRILLION Quantum Gold Rush While everyone fights over expensive AI stocks... McKinsey just revealed the ...The Oxford Club | SponsoredRetire Comfortably with These New Monthly Income ETFs?Too many retirees lie awake at night, worried their savings won’t last. Traditional advice and tiny returns ju...Investors Alley | SponsoredThe End of Elon Musk…?The End of Elon Musk? Don't make him laugh. Jeff Brown has been hearing this same tired story for years, an...Brownstone Research | SponsoredThis Massive Market is Ripe for Disruption by this NasdaqFanatics Hit $31B. This Nasdaq Company Is Building the Next Wave Fanatics built a merch empire by owning th...i2i Marketing Group, LLC | SponsoredElon’s Secret Social Security BombshellTo All Americans Born Before April 16th, 1963: Did Trump Just Give The Green Light To Radically RE-DO Social S...Banyan Hill Publishing | Sponsored“Shadow Group” in Washington, DC Could Crash MarketNew Amazon Crisis Could Tank U.S. Stock Market A new panic is halting AI projects at Amazon and could split...Altimetry | Sponsored“Sell Nvidia before earnings”Eric Fry just went live with one of his most controversial calls yet: “Sell Nvidia.” While Wall Street has bee...InvestorPlace | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Canaan Inc. Sponsored ADR Please log in to your account or sign up in order to add this asset to your watchlist. Share Canaan With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
