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Canaan (CAN) Competitors

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$0.30 0.00 (-0.73%)
Closing price 04:00 PM Eastern
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$0.30 +0.00 (+0.30%)
As of 07:58 PM Eastern
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CAN vs. IPAX, SATL, LPTH, INDI, and MRAM

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 Inflection Point Acquisition (IPAX), Satellogic (SATL), LightPath Technologies (LPTH), indie Semiconductor (INDI), and Everspin Tech (MRAM). These companies are all part of the "electronic equipment" industry.

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 stock? We will contrast the two businesses based on the strength of their institutional ownership, earnings, profitability, risk, analyst recommendations, valuation, dividends and media sentiment.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canaan$529.73M0.40-$210.27M-$0.34N/A
Inflection Point AcquisitionN/AN/A-$320KN/AN/A

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%

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 insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

In the previous week, Canaan had 2 more articles in the media than Inflection Point Acquisition. MarketBeat recorded 3 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
1 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

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

Canaan currently has a consensus price target of $2.01, indicating a potential upside of 573.71%. Given Canaan's stronger consensus rating and higher probable upside, equities analysts plainly 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

Summary

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

How does Canaan compare to Satellogic?

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

Canaan presently has a consensus price target of $2.01, suggesting a potential upside of 573.71%. Satellogic has a consensus price target of $9.10, suggesting a potential upside of 61.35%. Given Canaan's stronger consensus rating and higher probable upside, equities research analysts plainly believe Canaan is more favorable than Satellogic.

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
Satellogic
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

Satellogic has lower revenue, but higher earnings than Canaan. Satellogic 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
Canaan$529.73M0.40-$210.27M-$0.34N/A
Satellogic$17.71M47.21-$4.78M-$0.75N/A

Canaan has a net margin of -41.71% compared to Satellogic's net margin of -443.06%. Canaan's return on equity of -55.84% beat Satellogic's return on equity.

Company Net Margins Return on Equity Return on Assets
Canaan-41.71% -55.84% -35.47%
Satellogic -443.06%-100.03%18.60%

Canaan has a beta of 2.53, meaning that its stock price is 153% more volatile than the broader market. Comparatively, Satellogic has a beta of 1.19, meaning that its stock price is 19% more volatile than the broader market.

70.1% of Canaan shares are owned by institutional investors. Comparatively, 17.6% of Satellogic shares are owned by institutional investors. 0.3% of Canaan shares are owned by insiders. Comparatively, 38.8% of Satellogic shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

In the previous week, Satellogic had 1 more articles in the media than Canaan. MarketBeat recorded 4 mentions for Satellogic and 3 mentions for Canaan. Canaan's average media sentiment score of 0.73 beat Satellogic's score of 0.47 indicating that Canaan is being referred to more favorably in the media.

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

Summary

Canaan beats Satellogic on 11 of the 16 factors compared between the two stocks.

How does Canaan compare to LightPath Technologies?

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

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
Canaan-41.71% -55.84% -35.47%
LightPath Technologies -37.38%-15.55%-6.87%

Canaan presently has a consensus target price of $2.01, suggesting a potential upside of 573.71%. LightPath Technologies has a consensus target price of $14.13, suggesting a potential downside of 3.05%. Given Canaan's higher probable upside, equities research analysts plainly believe Canaan is more favorable than LightPath Technologies.

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
LightPath Technologies
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.67

In the previous week, Canaan and Canaan both had 3 articles in the media. LightPath Technologies' average media sentiment score of 1.28 beat Canaan's score of 0.73 indicating that LightPath Technologies is being referred to more favorably in the news media.

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

70.1% of Canaan shares are held by institutional investors. Comparatively, 56.3% of LightPath Technologies shares are held by institutional investors. 0.3% of Canaan shares are held by company insiders. Comparatively, 24.8% of LightPath Technologies shares are held by company 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.

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

LightPath Technologies has lower revenue, but higher earnings 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
Canaan$529.73M0.40-$210.27M-$0.34N/A
LightPath Technologies$37.20M24.59-$14.87M-$0.50N/A

Summary

LightPath Technologies beats Canaan on 9 of the 16 factors compared between the two stocks.

How does Canaan compare to indie Semiconductor?

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

70.1% of Canaan shares are held by institutional investors. Comparatively, 67.7% of indie Semiconductor shares are held by institutional investors. 0.3% of Canaan shares are held by insiders. Comparatively, 2.6% of indie Semiconductor shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Canaan currently has a consensus price target of $2.01, indicating a potential upside of 573.71%. indie Semiconductor has a consensus price target of $5.58, indicating a potential upside of 48.49%. Given Canaan's stronger consensus rating and higher possible upside, research analysts plainly believe Canaan is more favorable than indie Semiconductor.

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
indie Semiconductor
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

indie Semiconductor has lower revenue, but higher earnings 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
Canaan$529.73M0.40-$210.27M-$0.34N/A
indie Semiconductor$217.39M3.92-$143.07M-$0.76N/A

Canaan has a beta of 2.53, indicating that its stock price is 153% more volatile than the broader market. Comparatively, indie Semiconductor has a beta of 2.73, indicating that its stock price is 173% more volatile than the broader market.

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
Canaan-41.71% -55.84% -35.47%
indie Semiconductor -69.76%-29.85%-13.40%

In the previous week, Canaan and Canaan both had 3 articles in the media. indie Semiconductor's average media sentiment score of 0.99 beat Canaan's score of 0.73 indicating that indie Semiconductor is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
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
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Canaan beats indie Semiconductor on 8 of the 15 factors compared between the two stocks.

How does Canaan compare to Everspin Tech?

Canaan (NASDAQ:CAN) and Everspin Tech (NASDAQ:MRAM) 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 valuation, risk, earnings, dividends, institutional ownership, media sentiment, profitability and analyst recommendations.

In the previous week, Canaan had 1 more articles in the media than Everspin Tech. MarketBeat recorded 3 mentions for Canaan and 2 mentions for Everspin Tech. Everspin Tech's average media sentiment score of 1.38 beat Canaan's score of 0.73 indicating that Everspin Tech is being referred to more favorably in the news media.

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

Canaan currently has a consensus price target of $2.01, suggesting a potential upside of 573.71%. Everspin Tech has a consensus price target of $18.50, suggesting a potential downside of 17.89%. Given Canaan's stronger consensus rating and higher possible upside, research analysts plainly believe Canaan is more favorable than Everspin Tech.

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
Everspin Tech
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Everspin Tech has lower revenue, but higher earnings 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
Canaan$529.73M0.40-$210.27M-$0.34N/A
Everspin Tech$55.20M9.57-$590K$0.012,253.00

70.1% of Canaan shares are owned by institutional investors. Comparatively, 44.7% of Everspin Tech shares are owned by institutional investors. 0.3% of Canaan shares are owned by company insiders. Comparatively, 6.3% of Everspin Tech shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Canaan has a beta of 2.53, suggesting that its share price is 153% more volatile than the broader market. Comparatively, Everspin Tech has a beta of 1.87, suggesting that its share price is 87% more volatile than the broader market.

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
Canaan-41.71% -55.84% -35.47%
Everspin Tech 0.50%4.78%3.93%

Summary

Everspin Tech 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$215.08M$7.09B$13.87B$12.21B
Dividend YieldN/A5.01%5.69%6.22%
P/E Ratio-0.8849.5121.7122.45
Price / Sales0.4010.68128.31103.84
Price / CashN/A54.2319.6736.93
Price / Book0.493.342.256.49
Net Income-$210.27M$303.39M$1.14B$336.61M
7 Day Performance-15.05%-2.43%1.02%0.90%
1 Month Performance-27.87%-4.28%1.46%-0.36%
1 Year Performance-49.87%6.63%15.33%31.26%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAN
Canaan
2.5862 of 5 stars
$0.30
-0.7%
$2.01
+573.7%
-49.5%$215.08M$529.73MN/A350
IPAX
Inflection Point Acquisition
N/A$23.36
-9.3%
N/A+80.6%$962.88MN/AN/A1
SATL
Satellogic
3.5352 of 5 stars
$6.17
+0.5%
$9.10
+47.5%
+22.9%$910.22M$17.71MN/A330
LPTH
LightPath Technologies
1.5791 of 5 stars
$14.60
+1.9%
$14.13
-3.3%
+333.3%$899.77M$37.20MN/A330
INDI
indie Semiconductor
2.2907 of 5 stars
$3.93
flat
$6.19
+57.4%
-2.7%$891.73M$218.77MN/A400

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This page (NASDAQ:CAN) was last updated on 6/29/2026 by MarketBeat.com Staff.
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