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Canaan (CAN) Competitors

$1.01
-0.03 (-2.88%)
(As of 05/31/2024 08:50 PM ET)

CAN vs. EBON, CEVA, AOSL, NVTS, LASR, SPWR, ICG, AAOI, NVEC, and SKYT

Should you be buying Canaan stock or one of its competitors? The main competitors of Canaan include Ebang International (EBON), CEVA (CEVA), Alpha and Omega Semiconductor (AOSL), Navitas Semiconductor (NVTS), nLIGHT (LASR), SunPower (SPWR), Intchains Group (ICG), Applied Optoelectronics (AAOI), NVE (NVEC), and SkyWater Technology (SKYT).

Canaan vs.

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

Canaan received 6 more outperform votes than Ebang International when rated by MarketBeat users. However, 100.00% of users gave Ebang International an outperform vote while only 61.11% of users gave Canaan an outperform vote.

CompanyUnderperformOutperform
CanaanOutperform Votes
11
61.11%
Underperform Votes
7
38.89%
Ebang InternationalOutperform Votes
5
100.00%
Underperform Votes
No Votes

Canaan currently has a consensus price target of $4.25, indicating a potential upside of 320.79%. Given Canaan's higher possible upside, research analysts plainly believe Canaan is more favorable than Ebang International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canaan
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Ebang International
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Canaan had 1 more articles in the media than Ebang International. MarketBeat recorded 3 mentions for Canaan and 2 mentions for Ebang International. Ebang International's average media sentiment score of 1.44 beat Canaan's score of 0.28 indicating that Ebang International is being referred to more favorably in the news media.

Company Overall Sentiment
Canaan Neutral
Ebang International Positive

Canaan has a beta of 3.11, suggesting that its stock price is 211% more volatile than the S&P 500. Comparatively, Ebang International has a beta of 1.83, suggesting that its stock price is 83% more volatile than the S&P 500.

70.1% of Canaan shares are held by institutional investors. Comparatively, 1.2% of Ebang International shares are held by institutional investors. 0.3% of Canaan shares are held by company insiders. Comparatively, 25.4% of Ebang International shares are held by company 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.

Ebang International has a net margin of 0.00% compared to Canaan's net margin of -192.95%. Ebang International's return on equity of 0.00% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Canaan-192.95% -75.57% -57.68%
Ebang International N/A N/A N/A

Ebang International has lower revenue, but higher earnings than Canaan.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canaan$211.48M1.12-$414.15M-$2.05-0.49
Ebang International$4.86M8.87-$36.77MN/AN/A

Summary

Ebang International beats Canaan on 8 of the 15 factors compared between the two stocks.

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.
Skip Chart

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.
Skip Chart

CAN vs. The Competition

MetricCanaanSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$235.83M$50.42B$21.87B$7.99B
Dividend YieldN/A1.98%2.70%4.00%
P/E Ratio-0.4927.48242.2018.59
Price / Sales1.1213.16535.5177.33
Price / CashN/A25.3831.1231.55
Price / Book0.576.376.534.59
Net Income-$414.15M$912.54M$633.83M$213.90M
7 Day Performance-3.81%-0.29%-0.70%0.87%
1 Month Performance9.79%5.34%1.93%1.82%
1 Year Performance-50.49%25.02%26.90%5.90%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EBON
Ebang International
0 of 5 stars
$8.64
+2.4%
N/A+35.8%$43.11M$4.86M0.00303Short Interest ↓
Positive News
CEVA
CEVA
2.2649 of 5 stars
$19.92
+1.4%
$27.00
+35.5%
-20.2%$469.71M$97.42M-37.58424
AOSL
Alpha and Omega Semiconductor
0.6475 of 5 stars
$29.31
-1.6%
$30.00
+2.4%
+2.3%$841.20M$691.32M-86.212,468Short Interest ↑
NVTS
Navitas Semiconductor
3.2086 of 5 stars
$3.91
-1.0%
$7.41
+89.6%
-56.3%$715.92M$79.46M-7.67314
LASR
nLIGHT
2.3242 of 5 stars
$13.15
+0.1%
$16.00
+21.7%
-8.2%$625.41M$209.92M-12.89900Positive News
SPWR
SunPower
4.2145 of 5 stars
$3.34
-1.8%
$4.59
+37.4%
-69.3%$585.70M$1.69B-2.443,480Upcoming Earnings
Gap Up
ICG
Intchains Group
0 of 5 stars
$8.30
-0.2%
N/A-6.7%$496.51M$11.58M-83.00133High Trading Volume
AAOI
Applied Optoelectronics
2.1579 of 5 stars
$10.49
-9.5%
$15.00
+43.0%
+362.1%$408.17M$217.65M-5.762,149Short Interest ↑
NVEC
NVE
0 of 5 stars
$77.53
+1.3%
N/A-14.1%$374.47M$29.80M21.8451Positive News
SKYT
SkyWater Technology
2.8964 of 5 stars
$7.56
-0.8%
$13.25
+75.3%
-27.1%$357.97M$286.68M-10.96731

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This page (NASDAQ:CAN) was last updated on 6/3/2024 by MarketBeat.com Staff

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