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Canaan (CAN) Competitors

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$0.29 -0.01 (-3.69%)
Closing price 04:00 PM Eastern
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$0.29 0.00 (-0.03%)
As of 07:52 PM Eastern
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CAN vs. DQ, JKS, GILT, IPAX, and LPTH

Should you buy Canaan stock or one of its competitors? MarketBeat compares Canaan with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Canaan include DAQO New Energy (DQ), JinkoSolar (JKS), Gilat Satellite Networks (GILT), Inflection Point Acquisition (IPAX), and LightPath Technologies (LPTH). These companies are all part of the "electronic equipment" industry.

How does Canaan compare to DAQO New Energy?

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

DAQO New Energy presently has a consensus target price of $23.59, suggesting a potential upside of 76.12%. Canaan has a consensus target price of $2.01, suggesting a potential upside of 599.52%. Given Canaan's stronger consensus rating and higher possible upside, analysts clearly believe Canaan is more favorable than DAQO New Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DAQO New Energy
3 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.00
Canaan
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

DAQO New Energy has a beta of 0.61, suggesting that its stock price is 39% less volatile than the broader market. Comparatively, Canaan has a beta of 2.53, suggesting that its stock price is 153% more volatile than the broader market.

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 insiders. Comparatively, 0.3% of Canaan shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

DAQO New Energy has higher revenue and earnings than Canaan. 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 Ratio
DAQO New Energy$665.41M1.36-$170.51M-$2.78N/A
Canaan$529.73M0.39-$210.27M-$0.34N/A

DAQO New Energy has a net margin of -32.92% compared to Canaan's net margin of -41.71%. DAQO New Energy's return on equity of -3.19% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
DAQO New Energy-32.92% -3.19% -2.94%
Canaan -41.71%-55.84%-35.47%

In the previous week, Canaan had 2 more articles in the media than DAQO New Energy. MarketBeat recorded 4 mentions for Canaan and 2 mentions for DAQO New Energy. DAQO New Energy's average media sentiment score of 1.22 beat Canaan's score of 0.73 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
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canaan
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

DAQO New Energy beats Canaan on 9 of the 17 factors compared between the two stocks.

How does Canaan compare to JinkoSolar?

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 companies based on the strength of their analyst recommendations, earnings, risk, valuation, profitability, media sentiment, institutional ownership and dividends.

JinkoSolar has a beta of 0.52, meaning that its stock price is 48% less volatile than the broader market. Comparatively, Canaan has a beta of 2.53, meaning that its stock price is 153% more volatile than the broader market.

Canaan has lower revenue, but higher earnings than JinkoSolar. 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$9.37B0.09-$635.64M-$9.74N/A
Canaan$529.73M0.39-$210.27M-$0.34N/A

In the previous week, JinkoSolar had 1 more articles in the media than Canaan. MarketBeat recorded 5 mentions for JinkoSolar and 4 mentions for Canaan. Canaan's average media sentiment score of 0.73 beat JinkoSolar's score of -0.24 indicating that Canaan is being referred to more favorably in the news media.

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

JinkoSolar has a net margin of -5.62% compared to Canaan's net margin of -41.71%. JinkoSolar's return on equity of -9.52% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
JinkoSolar-5.62% -9.52% -2.14%
Canaan -41.71%-55.84%-35.47%

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 company insiders. Comparatively, 0.3% of Canaan shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

JinkoSolar currently has a consensus price target of $24.38, indicating a potential upside of 44.52%. Canaan has a consensus price target of $2.01, indicating a potential upside of 599.52%. Given Canaan's stronger consensus rating and higher probable upside, analysts plainly believe Canaan is more favorable than JinkoSolar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
JinkoSolar
2 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.14
Canaan
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

Summary

Canaan beats JinkoSolar on 10 of the 17 factors compared between the two stocks.

How does Canaan compare to Gilat Satellite Networks?

Canaan (NASDAQ:CAN) and Gilat Satellite Networks (NASDAQ:GILT) are both small-cap electronic equipment companies, but which is the better investment? We will compare the two companies based on the strength of their media sentiment, risk, earnings, institutional ownership, dividends, analyst recommendations, valuation and profitability.

In the previous week, Gilat Satellite Networks had 5 more articles in the media than Canaan. MarketBeat recorded 9 mentions for Gilat Satellite Networks and 4 mentions for Canaan. Canaan's average media sentiment score of 0.73 beat Gilat Satellite Networks' score of 0.72 indicating that Canaan is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canaan
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Gilat Satellite Networks
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Gilat Satellite Networks has a net margin of 6.80% compared to Canaan's net margin of -41.71%. Gilat Satellite Networks' return on equity of 11.65% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Canaan-41.71% -55.84% -35.47%
Gilat Satellite Networks 6.80%11.65%7.37%

Canaan currently has a consensus price target of $2.01, suggesting a potential upside of 599.52%. Gilat Satellite Networks has a consensus price target of $20.00, suggesting a potential upside of 50.26%. Given Canaan's higher probable upside, equities analysts plainly believe Canaan is more favorable than Gilat Satellite Networks.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canaan
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63
Gilat Satellite Networks
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75

70.1% of Canaan shares are held by institutional investors. Comparatively, 35.7% of Gilat Satellite Networks shares are held by institutional investors. 0.3% of Canaan shares are held by insiders. Comparatively, 1.1% of Gilat Satellite Networks shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canaan$529.73M0.39-$210.27M-$0.34N/A
Gilat Satellite Networks$451.66M2.18$20.72M$0.5126.10

Canaan has a beta of 2.53, indicating that its stock price is 153% more volatile than the broader market. Comparatively, Gilat Satellite Networks has a beta of 1, indicating that its stock price has a similar volatility profile to the broader market.

Summary

Gilat Satellite Networks beats Canaan on 11 of the 17 factors compared between the two stocks.

How does Canaan compare to Inflection Point Acquisition?

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

70.1% of Canaan shares are held by institutional investors. Comparatively, 94.7% of Inflection Point Acquisition shares are held by institutional investors. 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.

Canaan currently has a consensus target price of $2.01, suggesting a potential upside of 599.52%. Given Canaan's stronger consensus rating and higher probable upside, research analysts clearly believe Canaan is more favorable than Inflection Point Acquisition.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canaan
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63
Inflection Point Acquisition
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Inflection Point Acquisition has lower revenue, but higher earnings than Canaan.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canaan$529.73M0.39-$210.27M-$0.34N/A
Inflection Point AcquisitionN/AN/A-$320KN/AN/A

In the previous week, Canaan had 3 more articles in the media than Inflection Point Acquisition. MarketBeat recorded 4 mentions for Canaan and 1 mentions for Inflection Point Acquisition. Canaan's average media sentiment score of 0.73 beat Inflection Point Acquisition's score of 0.00 indicating that Canaan is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canaan
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Inflection Point Acquisition
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Inflection Point Acquisition has a net margin of 0.00% compared to Canaan's net margin of -41.71%. Inflection Point Acquisition's return on equity of -53.90% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Canaan-41.71% -55.84% -35.47%
Inflection Point Acquisition N/A -53.90%-0.36%

Canaan has a beta of 2.53, meaning that its share price is 153% more volatile than the broader market. Comparatively, Inflection Point Acquisition has a beta of 0.01, meaning that its share price is 99% less volatile than the broader market.

Summary

Canaan beats Inflection Point Acquisition on 8 of the 13 factors compared between the two stocks.

How does Canaan compare to LightPath Technologies?

LightPath Technologies (NASDAQ:LPTH) 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, valuation, media sentiment, profitability, risk, dividends, earnings and institutional ownership.

LightPath Technologies has higher earnings, but lower revenue than Canaan. LightPath Technologies 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
LightPath Technologies$37.20M27.60-$14.87M-$0.50N/A
Canaan$529.73M0.39-$210.27M-$0.34N/A

In the previous week, LightPath Technologies and LightPath Technologies both had 4 articles in the media. LightPath Technologies' average media sentiment score of 0.85 beat Canaan's score of 0.73 indicating that LightPath Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
LightPath Technologies
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canaan
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

LightPath Technologies has a net margin of -37.38% compared to Canaan's net margin of -41.71%. LightPath Technologies' return on equity of -15.55% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
LightPath Technologies-37.38% -15.55% -6.87%
Canaan -41.71%-55.84%-35.47%

LightPath Technologies presently has a consensus price target of $14.13, indicating a potential downside of 13.61%. Canaan has a consensus price target of $2.01, indicating a potential upside of 599.52%. Given Canaan's higher probable upside, analysts plainly believe Canaan is more favorable than LightPath Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
LightPath Technologies
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.67
Canaan
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

56.3% of LightPath Technologies shares are owned by institutional investors. Comparatively, 70.1% of Canaan shares are owned by institutional investors. 24.8% of LightPath Technologies shares are owned by company insiders. Comparatively, 0.3% of Canaan shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

LightPath Technologies has a beta of 1.33, suggesting that its stock price is 33% more volatile than the broader market. Comparatively, Canaan has a beta of 2.53, suggesting that its stock price is 153% more volatile than the broader market.

Summary

LightPath Technologies beats Canaan 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$213.50M$7.02B$13.87B$12.45B
Dividend YieldN/A5.01%5.69%6.16%
P/E Ratio-0.8418.0220.4224.87
Price / Sales0.3910.74127.57102.84
Price / CashN/A55.2119.7558.59
Price / Book0.473.332.256.54
Net Income-$210.27M$303.39M$1.14B$336.70M
7 Day Performance-15.86%-1.66%0.67%3.31%
1 Month Performance-30.53%-4.19%1.35%1.68%
1 Year Performance-53.57%5.79%14.50%31.96%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAN
Canaan
2.564 of 5 stars
$0.29
-3.7%
$2.01
+599.5%
-49.9%$213.50M$529.73MN/A350
DQ
DAQO New Energy
2.9048 of 5 stars
$13.39
-0.6%
$23.59
+76.2%
-13.8%$911.46M$665.41MN/A3,842
JKS
JinkoSolar
3.623 of 5 stars
$17.30
-0.1%
$24.38
+40.9%
-25.6%$906.53M$9.37BN/A26,409
GILT
Gilat Satellite Networks
4.7894 of 5 stars
$12.08
-1.2%
$20.00
+65.6%
+85.5%$902.96M$451.66M23.691,159
IPAX
Inflection Point Acquisition
N/A$20.95
-4.7%
N/A+80.6%$863.54MN/AN/A1

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This page (NASDAQ:CAN) was last updated on 6/30/2026 by MarketBeat.com Staff.
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