Canaan (CAN) Competitors $0.78 -0.04 (-5.06%) Closing price 04:00 PM EasternExtended Trading$0.78 0.00 (-0.18%) As of 07:01 PM 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, CSIQ, KE, AIOT, BKSY, GILT, IMOS, AMBQ, and ICHRShould you be buying Canaan stock or one of its competitors? The main competitors of Canaan include Shoals Technologies Group (SHLS), indie Semiconductor (INDI), Canadian Solar (CSIQ), Kimball Electronics (KE), PowerFleet (AIOT), BlackSky Technology (BKSY), Gilat Satellite Networks (GILT), Chipmos Technologies (IMOS), Ambiq Micro (AMBQ), and Ichor (ICHR). These companies are all part of the "electronic equipment" industry. Canaan vs. Its Competitors Shoals Technologies Group indie Semiconductor Canadian Solar Kimball Electronics PowerFleet BlackSky Technology Gilat Satellite Networks Chipmos Technologies Ambiq Micro Ichor 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 businesses based on the strength of their institutional ownership, profitability, earnings, valuation, risk, media sentiment, dividends and analyst recommendations. Which has more volatility & risk, SHLS or CAN? Shoals Technologies Group has a beta of 1.63, suggesting that its stock price is 63% more volatile than the S&P 500. Comparatively, Canaan has a beta of 3.45, suggesting that its stock price is 245% more volatile than the S&P 500. Does the media prefer SHLS or CAN? In the previous week, Canaan had 5 more articles in the media than Shoals Technologies Group. MarketBeat recorded 16 mentions for Canaan and 11 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 1.00 beat Canaan's score of -0.06 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) 1 Positive mention(s) 3 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Canaan 2 Very Positive mention(s) 1 Positive mention(s) 7 Neutral mention(s) 3 Negative mention(s) 2 Very Negative mention(s) Neutral 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 analysts prefer SHLS or CAN? Shoals Technologies Group presently has a consensus price target of $9.15, indicating a potential upside of 25.51%. Canaan has a consensus price target of $2.50, indicating a potential upside of 221.17%. 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) 13 Buy rating(s) 0 Strong Buy rating(s) 2.52Canaan 0 Sell rating(s) 3 Hold rating(s) 5 Buy rating(s) 0 Strong Buy rating(s) 2.63 Do institutionals & insiders believe in SHLS or CAN? 70.1% of Canaan shares are owned by institutional investors. 1.7% 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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth. 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$400.35M3.05$24.13M$0.1356.08Canaan$345.36M0.84-$249.75M-$0.90-0.86 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$290.26M$8.17B$12.74B$10.42BDividend YieldN/A4.75%5.43%4.63%P/E Ratio-0.8617.49243.4526.74Price / Sales0.847.3631.26162.18Price / CashN/A27.7122.2060.63Price / Book1.103.072.336.40Net Income-$249.75M$313.53M$1.01B$271.71M7 Day Performance-5.58%3.74%0.36%2.85%1 Month Performance16.09%14.34%3.85%9.64%1 Year Performance-29.87%31.54%540.60%31.62% Canaan Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)CANCanaan3.2154 of 5 stars$0.78-5.1%$2.50+221.2%-23.4%$290.26M$345.36M-0.86350High Trading VolumeSHLSShoals Technologies Group4.1344 of 5 stars$7.08+2.9%$9.33+31.8%+20.2%$1.18B$399.21M54.471,290Analyst ForecastINDIindie Semiconductor2.0222 of 5 stars$3.87-0.3%$5.90+52.5%+0.8%$836.58M$216.68M-4.61400Insider TradeCSIQCanadian Solar1.2453 of 5 stars$12.01+10.3%$11.69-2.7%-19.7%$804.31M$5.99B-20.021,224Analyst ForecastGap UpKEKimball Electronics3.0492 of 5 stars$31.28+2.3%$28.00-10.5%+81.0%$762.61M$1.49B46.695,700AIOTPowerFleet2.5371 of 5 stars$5.26+0.2%$10.50+99.6%+9.0%$701.91M$391.21M-17.532,518BKSYBlackSky Technology1.4939 of 5 stars$19.71+2.2%$23.50+19.2%+231.7%$699.08M$102.09M-5.87210GILTGilat Satellite Networks2.6734 of 5 stars$11.50+6.3%$11.00-4.3%+141.0%$657.94M$349.75M29.491,118Positive NewsShort Interest ↑High Trading VolumeIMOSChipmos Technologies2.2186 of 5 stars$18.32+3.4%N/A-15.1%$656.99M$22.62B203.565,898AMBQAmbiq MicroN/A$34.25-0.6%$43.75+27.7%N/A$624.55M$74.21M0.00190ICHRIchor4.0642 of 5 stars$17.07+1.2%$23.80+39.4%-34.0%$586.01M$849.04M-27.982,380News CoveragePositive News Related Companies and Tools Related Companies SHLS Alternatives INDI Alternatives CSIQ Alternatives KE Alternatives AIOT Alternatives BKSY Alternatives GILT Alternatives IMOS Alternatives AMBQ Alternatives ICHR 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 9/19/2025 by MarketBeat.com Staff From Our PartnersTrump’s national nightmare is herePorter Stansberry and Jeff Brown say a new U.S. national emergency is already underway — and it could trigger ...Porter & Company | SponsoredHe Called Nvidia at $1.10. 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