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QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)
QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)
QQQ   444.02 (-0.36%)
AAPL   175.10 (-2.54%)
MSFT   414.92 (-0.14%)
META   498.19 (-0.82%)
GOOGL   133.35 (-2.76%)
AMZN   177.58 (-0.36%)
TSLA   188.14 (-7.16%)
NVDA   852.37 (+3.60%)
NIO   5.35 (-7.44%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.04 (+1.51%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)

Canaan (CAN) Competitors

$1.57
-0.06 (-3.68%)
(As of 03/4/2024 ET)

CAN vs. TGAN, KOPN, MX, AIP, AXTI, VLN, NVEC, QUIK, ATOM, and PXLW

Should you be buying Canaan stock or one of its competitors? The main competitors of Canaan include Transphorm (TGAN), Kopin (KOPN), Magnachip Semiconductor (MX), Arteris (AIP), AXT (AXTI), Valens Semiconductor (VLN), NVE (NVEC), QuickLogic (QUIK), Atomera (ATOM), and Pixelworks (PXLW). These companies are all part of the "semiconductors & related devices" industry.

Canaan vs.

Transphorm (NASDAQ:TGAN) and Canaan (NASDAQ:CAN) are both small-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, profitability, earnings, dividends, media sentiment, valuation, risk and institutional ownership.

Transphorm has a beta of 0.58, meaning that its share price is 42% less volatile than the S&P 500. Comparatively, Canaan has a beta of 3.02, meaning that its share price is 202% more volatile than the S&P 500.

Canaan received 8 more outperform votes than Transphorm when rated by MarketBeat users. Likewise, 58.82% of users gave Canaan an outperform vote while only 50.00% of users gave Transphorm an outperform vote.

CompanyUnderperformOutperform
TransphormOutperform Votes
2
50.00%
Underperform Votes
2
50.00%
CanaanOutperform Votes
10
58.82%
Underperform Votes
7
41.18%

17.4% of Canaan shares are held by institutional investors. 2.5% of Transphorm shares are held by company insiders. Comparatively, 0.3% of Canaan shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Transphorm presently has a consensus target price of $5.75, indicating a potential upside of 19.54%. Canaan has a consensus target price of $4.25, indicating a potential upside of 175.08%. Given Transphorm's stronger consensus rating and higher possible upside, analysts plainly believe Canaan is more favorable than Transphorm.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transphorm
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Canaan
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Transphorm has a net margin of -177.91% compared to Transphorm's net margin of -195.84%. Transphorm's return on equity of -80.13% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Transphorm-177.91% -149.03% -86.65%
Canaan -195.84%-80.13%-63.43%

Transphorm has higher earnings, but lower revenue than Canaan. Transphorm 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
Transphorm$16.51M18.43-$30.60M-$0.69-6.97
Canaan$211.48M1.30-$414.15M-$2.40-0.65

In the previous week, Canaan had 15 more articles in the media than Transphorm. MarketBeat recorded 19 mentions for Canaan and 4 mentions for Transphorm. Canaan's average media sentiment score of 1.15 beat Transphorm's score of 0.38 indicating that Transphorm is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Transphorm
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Canaan
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Canaan beats Transphorm on 12 of the 18 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

MetricCanaanSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$275.85M$48.54B$19.43B$7.57B
Dividend YieldN/A2.08%2.72%3.87%
P/E Ratio-0.6529.72238.2816.35
Price / Sales1.3015.42539.7379.94
Price / Cash2.2420.4228.5528.74
Price / Book0.795.847.234.51
Net Income-$414.15M$970.23M$633.69M$212.03M
7 Day Performance-20.30%2.78%1.26%2.37%
1 Month Performance18.05%7.66%4.39%6.60%
1 Year Performance-42.70%16.72%14.72%8.22%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TGAN
Transphorm
1.3571 of 5 stars
$4.85
-0.4%
$5.75
+18.6%
N/A$306.86M$16.51M-7.03129Short Interest ↓
KOPN
Kopin
1.1165 of 5 stars
$2.48
+1.6%
$3.00
+21.0%
+127.8%$283.84M$47.40M-13.05177Positive News
Gap Up
MX
Magnachip Semiconductor
2.5374 of 5 stars
$6.52
-1.7%
$11.50
+76.4%
-39.7%$252.72M$337.66M-10.19897Earnings Report
Analyst Downgrade
News Coverage
AIP
Arteris
3.7239 of 5 stars
$6.58
-0.3%
$16.00
+143.2%
+43.0%$249.05M$53.67M-6.33242Short Interest ↓
AXTI
AXT
2.0811 of 5 stars
$5.37
+18.5%
$4.71
-12.3%
-1.6%$234.35M$75.79M-12.491,076Analyst Downgrade
VLN
Valens Semiconductor
2.893 of 5 stars
$2.36
+3.1%
$5.00
+111.9%
-54.7%$233.36M$90.71M-8.14313Positive News
NVEC
NVE
1.5488 of 5 stars
$81.58
-0.6%
N/A+11.0%$394.03M$38.25M18.2951Positive News
QUIK
QuickLogic
0.9608 of 5 stars
$12.71
-1.6%
$12.50
-1.7%
+181.7%$176.80M$16.18M-47.0745Gap Up
ATOM
Atomera
0.3838 of 5 stars
$6.27
-1.7%
$17.00
+171.1%
+1.6%$166.91M$550,000.00-7.8421
PXLW
Pixelworks
2.3135 of 5 stars
$2.75
-2.8%
$3.50
+27.3%
+72.4%$157.08M$59.68M-5.85222

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This page (NASDAQ:CAN) was last updated on 3/4/2024 by MarketBeat.com Staff