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Canaan (CAN) Competitors

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$0.79 +0.05 (+6.96%)
Closing price 04:00 PM Eastern
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$0.79 0.00 (-0.32%)
As of 04:44 PM Eastern
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CAN vs. BELFA, JKS, SEDG, NSSC, COMM, AIOT, ICHR, IMOS, AAOI, and SHLS

Should you be buying Canaan stock or one of its competitors? The main competitors of Canaan include Bel Fuse (BELFA), JinkoSolar (JKS), SolarEdge Technologies (SEDG), Napco Security Technologies (NSSC), CommScope (COMM), Powerfleet (AIOT), Ichor (ICHR), ChipMOS TECHNOLOGIES (IMOS), Applied Optoelectronics (AAOI), and Shoals Technologies Group (SHLS). These companies are all part of the "electronic equipment" industry.

Canaan vs.

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

70.1% of Canaan shares are owned by institutional investors. Comparatively, 6.0% of Bel Fuse shares are owned by institutional investors. 0.3% of Canaan shares are owned by company insiders. Comparatively, 5.5% of Bel Fuse 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.

In the previous week, Canaan had 4 more articles in the media than Bel Fuse. MarketBeat recorded 12 mentions for Canaan and 8 mentions for Bel Fuse. Bel Fuse's average media sentiment score of 1.15 beat Canaan's score of 0.03 indicating that Bel Fuse is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canaan
2 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bel Fuse
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canaan has a beta of 3.48, suggesting that its stock price is 248% more volatile than the S&P 500. Comparatively, Bel Fuse has a beta of 0.99, suggesting that its stock price is 1% less volatile than the S&P 500.

Bel Fuse has a net margin of 7.66% compared to Canaan's net margin of -128.85%. Bel Fuse's return on equity of 18.61% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Canaan-128.85% -60.37% -42.71%
Bel Fuse 7.66%18.61%10.02%

Bel Fuse received 113 more outperform votes than Canaan when rated by MarketBeat users. However, 76.47% of users gave Canaan an outperform vote while only 67.80% of users gave Bel Fuse an outperform vote.

CompanyUnderperformOutperform
CanaanOutperform Votes
26
76.47%
Underperform Votes
8
23.53%
Bel FuseOutperform Votes
139
67.80%
Underperform Votes
66
32.20%

Canaan currently has a consensus target price of $3.88, indicating a potential upside of 387.05%. Bel Fuse has a consensus target price of $115.00, indicating a potential upside of 79.21%. Given Canaan's higher possible upside, equities research analysts clearly believe Canaan is more favorable than Bel Fuse.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canaan
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80
Bel Fuse
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canaan$269.32M0.83-$414.15M-$0.91-0.87
Bel Fuse$534.79M1.50$40.96M$3.0920.77

Summary

Bel Fuse beats Canaan 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 {thisCompany.Symbol} 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$224.03M$47.31B$22.07B$7.54B
Dividend YieldN/A2.75%3.02%4.33%
P/E Ratio-0.5935.6840.4918.09
Price / Sales0.8387.142,338.27103.53
Price / CashN/A26.4934.6934.62
Price / Book0.535.775.834.14
Net Income-$414.15M$760.21M$736.55M$247.68M
7 Day Performance13.66%4.54%2.28%6.30%
1 Month Performance-17.00%-14.63%-4.84%-3.38%
1 Year Performance-16.35%8.15%52,703.02%3.13%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAN
Canaan
2.3927 of 5 stars
$0.79
+7.0%
$3.88
+389.0%
-20.3%$223.15M$269.32M-0.59350Gap Up
BELFA
Bel Fuse
2.6022 of 5 stars
$66.95
+1.8%
$115.00
+71.8%
-9.9%$839.49M$534.79M21.676,300Upcoming Earnings
Short Interest ↓
News Coverage
JKS
JinkoSolar
2.2638 of 5 stars
$15.48
+7.4%
$27.19
+75.6%
-23.1%$822.84M$92.26B26.2457,397Upcoming Earnings
High Trading Volume
SEDG
SolarEdge Technologies
4.3615 of 5 stars
$13.92
+9.1%
$21.61
+55.3%
-76.1%$818.26M$901.46M-0.454,930Analyst Forecast
News Coverage
Gap Down
NSSC
Napco Security Technologies
4.2956 of 5 stars
$22.08
+2.3%
$35.50
+60.8%
-47.4%$803.73M$186.53M16.981,150Gap Up
COMM
CommScope
3.2125 of 5 stars
$3.44
+2.4%
$4.75
+38.1%
+216.7%$744.97M$4.21B-0.7830,000Short Interest ↑
News Coverage
Gap Up
AIOT
Powerfleet
2.6793 of 5 stars
$4.78
-1.2%
$12.33
+158.0%
N/A$633.39M$133.74M0.00670News Coverage
Gap Up
ICHR
Ichor
3.5853 of 5 stars
$17.78
+3.2%
$40.86
+129.8%
-51.3%$606.53M$849.04M-27.352,980News Coverage
Gap Up
IMOS
ChipMOS TECHNOLOGIES
3.2416 of 5 stars
$15.66
+1.8%
N/A-45.2%$569.43M$22.70B10.955,420Short Interest ↓
Positive News
Gap Up
High Trading Volume
AAOI
Applied Optoelectronics
2.6077 of 5 stars
$11.25
-0.3%
$23.60
+109.8%
-1.6%$560.82M$249.37M-5.462,210Analyst Forecast
Gap Up
SHLS
Shoals Technologies Group
4.2351 of 5 stars
$3.33
-2.3%
$8.87
+166.4%
-60.3%$556.09M$399.21M16.65840

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This page (NASDAQ:CAN) was last updated on 4/23/2025 by MarketBeat.com Staff
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