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Canaan (CAN) Competitors

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$0.78 -0.04 (-4.59%)
Closing price 04:00 PM Eastern
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$0.77 -0.01 (-0.76%)
As of 07:05 PM Eastern
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CAN vs. NSSC, INDI, CSIQ, SHLS, SKYT, IMOS, ONDS, BKSY, AIOT, and ICHR

Should you be buying Canaan stock or one of its competitors? The main competitors of Canaan include NAPCO Security Technologies (NSSC), indie Semiconductor (INDI), Canadian Solar (CSIQ), Shoals Technologies Group (SHLS), SkyWater Technology (SKYT), Chipmos Technologies (IMOS), Ondas (ONDS), BlackSky Technology (BKSY), PowerFleet (AIOT), and Ichor (ICHR). These companies are all part of the "electronic equipment" industry.

Canaan vs. Its Competitors

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

NAPCO Security Technologies has a net margin of 25.00% compared to Canaan's net margin of -93.62%. NAPCO Security Technologies' return on equity of 26.14% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
NAPCO Security Technologies25.00% 26.14% 22.34%
Canaan -93.62%-98.53%-57.74%

NAPCO Security Technologies presently has a consensus target price of $30.83, suggesting a potential downside of 0.86%. Canaan has a consensus target price of $2.67, suggesting a potential upside of 242.80%. Given Canaan's stronger consensus rating and higher probable upside, analysts clearly believe Canaan is more favorable than NAPCO Security Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NAPCO Security Technologies
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Canaan
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63

85.1% of NAPCO Security Technologies shares are owned by institutional investors. Comparatively, 70.1% of Canaan shares are owned by institutional investors. 5.2% of NAPCO Security Technologies 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 will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NAPCO Security Technologies$181.23M6.12$49.82M$1.2225.49
Canaan$317.01M0.92-$249.75M-$1.02-0.76

In the previous week, Canaan had 8 more articles in the media than NAPCO Security Technologies. MarketBeat recorded 14 mentions for Canaan and 6 mentions for NAPCO Security Technologies. NAPCO Security Technologies' average media sentiment score of 1.67 beat Canaan's score of 0.35 indicating that NAPCO Security Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NAPCO Security Technologies
4 Very Positive mention(s)
1 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)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

NAPCO Security Technologies has a beta of 1.42, suggesting that its share price is 42% more volatile than the S&P 500. Comparatively, Canaan has a beta of 3.25, suggesting that its share price is 225% more volatile than the S&P 500.

Summary

NAPCO Security Technologies beats Canaan on 10 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$290.08M$7.74B$12.39B$9.81B
Dividend YieldN/A4.83%5.58%4.11%
P/E Ratio-0.7619.3219.6825.72
Price / Sales0.926.7726.2580.18
Price / CashN/A21.1721.5658.93
Price / Book1.103.892.256.01
Net Income-$249.75M$311.03M$1.00B$265.06M
7 Day Performance12.74%3.21%2.04%2.80%
1 Month Performance-19.85%7.66%1.35%1.68%
1 Year Performance-6.55%35.18%544.49%29.59%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAN
Canaan
3.2771 of 5 stars
$0.78
-4.6%
$2.67
+242.8%
-5.8%$290.08M$317.01M-0.76350Trending News
Earnings Report
Gap Down
High Trading Volume
NSSC
NAPCO Security Technologies
3.0916 of 5 stars
$29.72
-0.6%
$30.83
+3.7%
-39.8%$1.06B$181.23M24.361,070Positive News
INDI
indie Semiconductor
2.2621 of 5 stars
$3.89
-3.2%
$5.90
+51.7%
+17.2%$826.68M$218.41M-4.63400Earnings Report
Gap Down
CSIQ
Canadian Solar
2.4965 of 5 stars
$11.58
-0.7%
$14.39
+24.3%
-20.0%$775.54M$5.86B-23.161,224News Coverage
Positive News
Upcoming Earnings
SHLS
Shoals Technologies Group
4.2687 of 5 stars
$4.46
-5.5%
$9.15
+105.2%
-10.6%$745.60M$400.35M34.311,290Gap Down
SKYT
SkyWater Technology
2.1497 of 5 stars
$13.55
-3.8%
$13.00
-4.1%
+29.7%$650.87M$289.66M-39.85590News Coverage
Insider Trade
High Trading Volume
IMOS
Chipmos Technologies
1.4085 of 5 stars
$17.78
-1.1%
N/A-31.0%$637.63M$22.70B18.145,898News Coverage
Earnings Report
ONDS
Ondas
1.5516 of 5 stars
$3.43
-3.4%
$3.25
-5.2%
+409.4%$615.89M$7.19M-5.9170Trending News
Earnings Report
Analyst Forecast
Short Interest ↑
Analyst Revision
BKSY
BlackSky Technology
1.8006 of 5 stars
$17.20
+0.6%
$23.50
+36.6%
+124.6%$604.58M$107.40M-5.12210Earnings Report
Gap Down
AIOT
PowerFleet
2.3754 of 5 stars
$4.39
+13.4%
$10.50
+139.2%
-6.1%$585.80M$362.52M-10.212,518Analyst Forecast
Insider Trade
Gap Down
High Trading Volume
ICHR
Ichor
4.4935 of 5 stars
$16.06
-7.9%
$23.80
+48.2%
-36.6%$551.34M$849.04M-26.332,380Insider Trade
High Trading Volume

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This page (NASDAQ:CAN) was last updated on 8/14/2025 by MarketBeat.com Staff
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