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Canaan (CAN) Competitors

$1.01
-0.03 (-2.88%)
(As of 05/31/2024 ET)

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

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), SkyWater Technology (SKYT), and NVE (NVEC).

Canaan vs.

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

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

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

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

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

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

1.2% of Ebang International shares are owned by institutional investors. Comparatively, 70.1% of Canaan shares are owned by institutional investors. 25.4% of Ebang International shares are owned by company insiders. Comparatively, 0.3% of Canaan shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

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

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

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. Canaan's average media sentiment score of 1.44 beat Ebang International's score of 0.28 indicating that Ebang International is being referred to more favorably in the media.

Company Overall Sentiment
Ebang International Positive
Canaan Neutral

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

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.
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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$235.84M$50.00B$21.57B$7.96B
Dividend YieldN/A1.98%2.71%4.02%
P/E Ratio-0.4927.12240.7418.58
Price / Sales1.1214.75536.6991.45
Price / CashN/A25.5030.7531.51
Price / Book0.576.376.514.59
Net Income-$414.15M$912.54M$631.57M$213.90M
7 Day Performance-3.81%-0.29%-0.69%0.87%
1 Month Performance9.79%5.34%1.92%1.82%
1 Year Performance-50.49%25.02%26.69%5.90%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EBON
Ebang International
0 of 5 stars
$8.49
-0.2%
N/A+32.3%$42.37M$4.86M0.00303Short Interest ↓
Positive News
CEVA
CEVA
2.2635 of 5 stars
$19.67
+2.0%
$27.00
+37.3%
-20.4%$463.82M$97.42M-37.11424
AOSL
Alpha and Omega Semiconductor
0.6284 of 5 stars
$28.34
+4.0%
$30.00
+5.9%
+5.1%$813.36M$691.32M-83.352,468Short Interest ↑
Gap Down
NVTS
Navitas Semiconductor
3.2147 of 5 stars
$3.70
+2.5%
$7.41
+100.4%
-55.9%$677.47M$79.46M-7.25314
LASR
nLIGHT
2.3313 of 5 stars
$13.18
+1.1%
$16.00
+21.4%
-6.3%$626.84M$209.92M-12.92900Positive News
SPWR
SunPower
4.3052 of 5 stars
$2.92
+5.0%
$4.59
+57.1%
-69.4%$512.05M$1.69B-2.133,480Upcoming Earnings
Options Volume
Gap Up
ICG
Intchains Group
0 of 5 stars
$8.18
+1.0%
N/A+0.6%$489.33M$11.58M-81.80133Positive News
High Trading Volume
AAOI
Applied Optoelectronics
2.1556 of 5 stars
$12.54
+5.4%
$15.00
+19.6%
+374.7%$487.93M$217.65M-6.892,149Short Interest ↑
SKYT
SkyWater Technology
2.8743 of 5 stars
$8.23
+2.9%
$13.25
+61.0%
-26.5%$389.69M$286.68M-11.93731Short Interest ↑
NVEC
NVE
1.8409 of 5 stars
$77.20
+0.7%
N/A-14.2%$372.88M$29.80M21.7551Positive News

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This page (NASDAQ:CAN) was last updated on 6/2/2024 by MarketBeat.com Staff

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