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Canaan (CAN) Competitors

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$0.35 0.00 (-1.06%)
Closing price 04:00 PM Eastern
Extended Trading
$0.36 +0.00 (+1.33%)
As of 07:54 PM Eastern
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CAN vs. INDI, LPTH, MRAM, LAES, and CLFD

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 indie Semiconductor (INDI), LightPath Technologies (LPTH), Everspin Tech (MRAM), SEALSQ (LAES), and Clearfield (CLFD). These companies are all part of the "electronic equipment" industry.

How does Canaan compare to indie Semiconductor?

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

Canaan has a net margin of -41.71% compared to indie Semiconductor's net margin of -69.76%. indie Semiconductor's return on equity of -29.85% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
indie Semiconductor-69.76% -29.85% -13.40%
Canaan -41.71%-55.84%-35.47%

67.7% of indie Semiconductor shares are held by institutional investors. Comparatively, 70.1% of Canaan shares are held by institutional investors. 2.6% of indie Semiconductor 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 stock is poised for long-term growth.

In the previous week, indie Semiconductor had 11 more articles in the media than Canaan. MarketBeat recorded 13 mentions for indie Semiconductor and 2 mentions for Canaan. Canaan's average media sentiment score of 0.58 beat indie Semiconductor's score of -0.06 indicating that Canaan is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
indie Semiconductor
4 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canaan
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

indie Semiconductor has higher earnings, but lower revenue than Canaan. indie Semiconductor 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
indie Semiconductor$217.39M4.67-$143.07M-$0.76N/A
Canaan$529.73M0.48-$210.27M-$0.34N/A

indie Semiconductor currently has a consensus target price of $6.92, suggesting a potential upside of 54.74%. Canaan has a consensus target price of $2.01, suggesting a potential upside of 466.85%. Given Canaan's stronger consensus rating and higher possible upside, analysts clearly believe Canaan is more favorable than indie Semiconductor.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
indie Semiconductor
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Canaan
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

indie Semiconductor has a beta of 2.73, suggesting that its stock price is 173% 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

Canaan beats indie Semiconductor on 9 of the 16 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 compare the two businesses based on the strength of their risk, valuation, analyst recommendations, media sentiment, institutional ownership, earnings, dividends and profitability.

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%

In the previous week, LightPath Technologies had 5 more articles in the media than Canaan. MarketBeat recorded 7 mentions for LightPath Technologies and 2 mentions for Canaan. Canaan's average media sentiment score of 0.58 beat LightPath Technologies' score of 0.33 indicating that Canaan is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
LightPath Technologies
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canaan
1 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 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$37.20M25.39-$14.87M-$0.50N/A
Canaan$529.73M0.48-$210.27M-$0.34N/A

LightPath Technologies currently has a consensus price target of $14.13, indicating a potential downside of 6.08%. Canaan has a consensus price target of $2.01, indicating a potential upside of 466.85%. Given Canaan's higher possible 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)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

LightPath Technologies has a beta of 1.32, indicating that its stock price is 32% more volatile than the broader market. Comparatively, Canaan has a beta of 2.53, indicating that its stock price is 153% more volatile than the broader market.

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

Summary

LightPath Technologies beats Canaan on 9 of the 17 factors compared between the two stocks.

How does Canaan compare to Everspin Tech?

Everspin Tech (NASDAQ:MRAM) and Canaan (NASDAQ:CAN) are both small-cap electronic equipment companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, earnings, analyst recommendations, institutional ownership, profitability, dividends, media sentiment and valuation.

44.7% of Everspin Tech shares are owned by institutional investors. Comparatively, 70.1% of Canaan shares are owned by institutional investors. 6.3% of Everspin Tech shares are owned by insiders. Comparatively, 0.3% of Canaan shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Everspin Tech presently has a consensus price target of $18.50, suggesting a potential downside of 23.87%. Canaan has a consensus price target of $2.01, suggesting a potential upside of 466.85%. Given Canaan's stronger consensus rating and higher possible upside, analysts plainly believe Canaan is more favorable than Everspin Tech.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Everspin Tech
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Canaan
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

In the previous week, Canaan had 1 more articles in the media than Everspin Tech. MarketBeat recorded 2 mentions for Canaan and 1 mentions for Everspin Tech. Everspin Tech's average media sentiment score of 0.66 beat Canaan's score of 0.58 indicating that Everspin Tech is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Everspin Tech
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Canaan
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Everspin Tech has a net margin of 0.50% compared to Canaan's net margin of -41.71%. Everspin Tech's return on equity of 4.78% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Everspin Tech0.50% 4.78% 3.93%
Canaan -41.71%-55.84%-35.47%

Everspin Tech has a beta of 1.87, meaning that its stock price is 87% more 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Everspin Tech$55.20M10.32-$590K$0.012,430.00
Canaan$529.73M0.48-$210.27M-$0.34N/A

Summary

Everspin Tech beats Canaan on 9 of the 16 factors compared between the two stocks.

How does Canaan compare to SEALSQ?

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

In the previous week, SEALSQ had 19 more articles in the media than Canaan. MarketBeat recorded 21 mentions for SEALSQ and 2 mentions for Canaan. Canaan's average media sentiment score of 0.58 beat SEALSQ's score of 0.48 indicating that Canaan is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SEALSQ
7 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canaan
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

SEALSQ has a net margin of 0.00% compared to Canaan's net margin of -41.71%. SEALSQ's return on equity of 0.00% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
SEALSQN/A N/A N/A
Canaan -41.71%-55.84%-35.47%

SEALSQ has higher earnings, but lower revenue than Canaan.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SEALSQ$18.25M34.06-$34.19MN/AN/A
Canaan$529.73M0.48-$210.27M-$0.34N/A

1.3% of SEALSQ shares are held by institutional investors. Comparatively, 70.1% of Canaan shares are held by institutional investors. 0.3% of Canaan shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

SEALSQ presently has a consensus price target of $6.00, suggesting a potential upside of 86.34%. Canaan has a consensus price target of $2.01, suggesting a potential upside of 466.85%. Given Canaan's stronger consensus rating and higher probable upside, analysts plainly believe Canaan is more favorable than SEALSQ.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SEALSQ
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Canaan
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

SEALSQ has a beta of -8.23, indicating that its stock price is 923% less volatile than the broader market. Comparatively, Canaan has a beta of 2.53, indicating that its stock price is 153% more volatile than the broader market.

Summary

Canaan beats SEALSQ on 8 of the 14 factors compared between the two stocks.

How does Canaan compare to Clearfield?

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

In the previous week, Canaan had 2 more articles in the media than Clearfield. MarketBeat recorded 2 mentions for Canaan and 0 mentions for Clearfield. Canaan's average media sentiment score of 0.58 beat Clearfield's score of 0.05 indicating that Canaan is being referred to more favorably in the news media.

Company Overall Sentiment
Clearfield Neutral
Canaan Positive

Clearfield has a beta of 2.08, suggesting that its share price is 108% more volatile than the broader market. Comparatively, Canaan has a beta of 2.53, suggesting that its share price is 153% more volatile than the broader market.

Clearfield has a net margin of -5.41% compared to Canaan's net margin of -41.71%. Clearfield's return on equity of 1.03% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Clearfield-5.41% 1.03% 0.90%
Canaan -41.71%-55.84%-35.47%

Clearfield presently has a consensus target price of $43.75, suggesting a potential upside of 6.45%. Canaan has a consensus target price of $2.01, suggesting a potential upside of 466.85%. Given Canaan's higher possible upside, analysts plainly believe Canaan is more favorable than Clearfield.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Clearfield
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57
Canaan
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

Clearfield has higher earnings, but lower revenue than Canaan. Clearfield 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
Clearfield$150.13M3.72-$8.05M-$0.62N/A
Canaan$529.73M0.48-$210.27M-$0.34N/A

88.7% of Clearfield shares are owned by institutional investors. Comparatively, 70.1% of Canaan shares are owned by institutional investors. 17.8% of Clearfield shares are owned by insiders. Comparatively, 0.3% of Canaan shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Clearfield and Canaan tied by winning 8 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$256.47M$6.84B$13.56B$11.99B
Dividend YieldN/A5.96%5.80%5.57%
P/E Ratio-1.0446.4020.9721.95
Price / Sales0.4810.90139.59108.00
Price / CashN/A54.8019.1537.25
Price / Book0.583.352.196.78
Net Income-$210.27M$305.88M$1.13B$337.51M
7 Day Performance-13.18%-4.56%-0.12%-2.72%
1 Month Performance-30.46%-5.66%-0.61%1.87%
1 Year Performance-40.84%7.97%10.82%26.61%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAN
Canaan
3.0001 of 5 stars
$0.35
-1.1%
$2.01
+466.8%
-39.9%$256.47M$529.73MN/A350
INDI
indie Semiconductor
1.8597 of 5 stars
$5.16
+1.8%
$6.92
+34.0%
+41.1%$1.15B$217.39MN/A400
LPTH
LightPath Technologies
1.5897 of 5 stars
$17.61
+8.4%
$14.13
-19.8%
+399.3%$1.02B$37.20MN/A330
MRAM
Everspin Tech
0.9959 of 5 stars
$29.97
-8.3%
$18.50
-38.3%
+299.0%$766.74M$55.20M3,000.0090
LAES
SEALSQ
1.8548 of 5 stars
$3.48
-2.2%
$6.00
+72.4%
-7.5%$687.17M$18.25MN/A61

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This page (NASDAQ:CAN) was last updated on 6/8/2026 by MarketBeat.com Staff.
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