Canaan (CAN) Competitors $1.22 -0.06 (-4.69%) Closing price 04:00 PM EasternExtended Trading$1.24 +0.02 (+1.23%) As of 07:59 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. DQ, NVTS, HIMX, NSSC, LASR, PENG, SHLS, BELFA, JKS, and BKSYShould you be buying Canaan stock or one of its competitors? The main competitors of Canaan include DAQO New Energy (DQ), Navitas Semiconductor (NVTS), Himax Technologies (HIMX), NAPCO Security Technologies (NSSC), nLight (LASR), Penguin Solutions (PENG), Shoals Technologies Group (SHLS), Bel Fuse (BELFA), JinkoSolar (JKS), and BlackSky Technology (BKSY). These companies are all part of the "electronic equipment" industry. Canaan vs. Its Competitors DAQO New Energy Navitas Semiconductor Himax Technologies NAPCO Security Technologies nLight Penguin Solutions Shoals Technologies Group Bel Fuse JinkoSolar BlackSky Technology DAQO New Energy (NYSE:DQ) and Canaan (NASDAQ:CAN) are both small-cap electronic equipment companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends, media sentiment and earnings. Do analysts prefer DQ or CAN? DAQO New Energy presently has a consensus price target of $25.99, suggesting a potential downside of 6.35%. Canaan has a consensus price target of $2.54, suggesting a potential upside of 108.33%. Given Canaan's higher possible upside, analysts plainly believe Canaan is more favorable than DAQO New Energy.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score DAQO New Energy 2 Sell rating(s) 1 Hold rating(s) 4 Buy rating(s) 2 Strong Buy rating(s) 2.67Canaan 1 Sell rating(s) 3 Hold rating(s) 5 Buy rating(s) 0 Strong Buy rating(s) 2.44 Which has more risk & volatility, DQ or CAN? DAQO New Energy has a beta of 0.6, meaning that its stock price is 40% less volatile than the S&P 500. Comparatively, Canaan has a beta of 3.49, meaning that its stock price is 249% more volatile than the S&P 500. Is DQ or CAN more profitable? DAQO New Energy has a net margin of -65.64% compared to Canaan's net margin of -77.01%. DAQO New Energy's return on equity of -6.54% beat Canaan's return on equity.Company Net Margins Return on Equity Return on Assets DAQO New Energy-65.64% -6.54% -5.97% Canaan -77.01%-92.49%-50.12% Which has stronger valuation & earnings, DQ or CAN? Canaan has lower revenue, but higher earnings than DAQO New Energy. DAQO New Energy 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 RatioDAQO New Energy$1.03B1.81-$345.21M-$5.84-4.75Canaan$269.32M1.69-$249.75M-$0.90-1.36 Does the media refer more to DQ or CAN? In the previous week, Canaan had 17 more articles in the media than DAQO New Energy. MarketBeat recorded 22 mentions for Canaan and 5 mentions for DAQO New Energy. DAQO New Energy's average media sentiment score of 1.33 beat Canaan's score of -0.13 indicating that DAQO New Energy is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment DAQO New Energy 3 Very Positive mention(s) 1 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Canaan 1 Very Positive mention(s) 3 Positive mention(s) 3 Neutral mention(s) 10 Negative mention(s) 3 Very Negative mention(s) Neutral Do insiders and institutionals have more ownership in DQ or CAN? 47.2% of DAQO New Energy shares are held by institutional investors. Comparatively, 70.1% of Canaan shares are held by institutional investors. 24.3% of DAQO New Energy shares are held by company insiders. Comparatively, 0.3% of Canaan shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth. SummaryDAQO New Energy beats Canaan on 9 of the 17 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$477.31M$8.08B$12.69B$10.65BDividend YieldN/A4.85%5.55%4.70%P/E Ratio-1.3616.5030.1927.65Price / Sales1.697.2130.08141.34Price / CashN/A28.4622.5862.20Price / Book1.722.822.296.79Net Income-$249.75M$313.50M$1.02B$275.88M7 Day Performance-7.58%0.65%0.04%2.64%1 Month Performance73.03%6.34%0.05%9.13%1 Year Performance25.13%30.26%539.44%35.89% Canaan Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)CANCanaan2.8336 of 5 stars$1.22-4.7%$2.54+108.3%+25.5%$477.31M$269.32M-1.36350Analyst ForecastDQDAQO New Energy2.6258 of 5 stars$28.18-2.7%$25.84-8.3%+34.7%$1.89B$592.96M-4.834,749Positive NewsAnalyst ForecastShort Interest ↓NVTSNavitas Semiconductor1.767 of 5 stars$8.13+4.0%$5.65-30.5%+226.6%$1.73B$68.17M-12.51160Analyst ForecastHIMXHimax Technologies3.8733 of 5 stars$9.17+6.3%$11.90+29.8%+50.0%$1.60B$889.56M21.832,177Analyst ForecastNSSCNAPCO Security Technologies3.5788 of 5 stars$43.52+2.1%$38.50-11.5%+13.3%$1.55B$181.62M36.571,061News CoveragePositive NewsAnalyst ForecastLASRnLight1.5488 of 5 stars$30.78-0.2%$27.42-10.9%+174.4%$1.54B$198.55M-32.401,100Analyst ForecastGap UpPENGPenguin Solutions3.7642 of 5 stars$29.30+5.6%$28.75-1.9%N/A$1.54B$1.17B-104.642,700Trending NewsAnalyst ForecastHigh Trading VolumeSHLSShoals Technologies Group2.421 of 5 stars$8.74+2.8%$9.40+7.6%+79.7%$1.46B$399.21M67.241,290BELFABel Fuse1.6744 of 5 stars$114.03+0.6%$115.00+0.9%+16.7%$1.44B$534.79M29.546,300News CoveragePositive NewsAnalyst ForecastJKSJinkoSolar2.9648 of 5 stars$24.58-0.6%$28.99+17.9%-7.1%$1.27B$12.64B-4.9033,830Analyst ForecastBKSYBlackSky Technology1.1359 of 5 stars$28.59+12.0%$26.20-8.4%+422.9%$1.01B$102.09M-8.51210Analyst ForecastHigh Trading Volume Related Companies and Tools Related Companies DQ Alternatives NVTS Alternatives HIMX Alternatives NSSC Alternatives LASR Alternatives PENG Alternatives SHLS Alternatives BELFA Alternatives JKS Alternatives BKSY 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 10/9/2025 by MarketBeat.com Staff From Our PartnersBitcoin grabs headlines, but smart money likes this tokenBitcoin grabs headlines, but smart money likes this token My research team has identified the token positio...Crypto 101 Media | SponsoredMagnificent 7 being replaced by the “Hidden 7”?BULLISH: It's time to buy this 'hidden' AI stock An award-winning stock-rating system has turned BULLISH on...Chaikin Analytics | SponsoredCapital Gains Tax Strategies for SeniorsCapital gains taxes can take a bite out of your retirement income—unless you have a smart strategy. 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