Canaan (CAN) Competitors $2.01 +0.11 (+5.79%) As of 01/17/2025 04:00 PM Eastern Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends CAN vs. SIMO, NN, AAOI, JKS, HIMX, DQ, NSSC, COMM, PL, and BELFAShould you be buying Canaan stock or one of its competitors? The main competitors of Canaan include Silicon Motion Technology (SIMO), NextNav (NN), Applied Optoelectronics (AAOI), JinkoSolar (JKS), Himax Technologies (HIMX), Daqo New Energy (DQ), Napco Security Technologies (NSSC), CommScope (COMM), Planet Labs PBC (PL), and Bel Fuse (BELFA). These companies are all part of the "electronic equipment" industry. Canaan vs. Silicon Motion Technology NextNav Applied Optoelectronics JinkoSolar Himax Technologies Daqo New Energy Napco Security Technologies CommScope Planet Labs PBC Bel Fuse Canaan (NASDAQ:CAN) and Silicon Motion Technology (NASDAQ:SIMO) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, risk, earnings, media sentiment, valuation, institutional ownership and community ranking. Does the MarketBeat Community favor CAN or SIMO? Silicon Motion Technology received 835 more outperform votes than Canaan when rated by MarketBeat users. Likewise, 76.46% of users gave Silicon Motion Technology an outperform vote while only 66.67% of users gave Canaan an outperform vote. CompanyUnderperformOutperformCanaanOutperform Votes1666.67% Underperform Votes833.33% Silicon Motion TechnologyOutperform Votes85176.46% Underperform Votes26223.54% Is CAN or SIMO more profitable? Silicon Motion Technology has a net margin of 10.90% compared to Canaan's net margin of -128.85%. Silicon Motion Technology's return on equity of 11.52% beat Canaan's return on equity.Company Net Margins Return on Equity Return on Assets Canaan-128.85% -60.37% -42.71% Silicon Motion Technology 10.90%11.52%8.64% Do analysts rate CAN or SIMO? Canaan currently has a consensus target price of $3.00, suggesting a potential upside of 49.25%. Silicon Motion Technology has a consensus target price of $81.67, suggesting a potential upside of 57.17%. Given Silicon Motion Technology's stronger consensus rating and higher possible upside, analysts clearly believe Silicon Motion Technology is more favorable than Canaan.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Canaan 0 Sell rating(s) 1 Hold rating(s) 3 Buy rating(s) 0 Strong Buy rating(s) 2.75Silicon Motion Technology 1 Sell rating(s) 0 Hold rating(s) 8 Buy rating(s) 0 Strong Buy rating(s) 2.78 Does the media refer more to CAN or SIMO? In the previous week, Silicon Motion Technology had 2 more articles in the media than Canaan. MarketBeat recorded 15 mentions for Silicon Motion Technology and 13 mentions for Canaan. Silicon Motion Technology's average media sentiment score of 0.28 beat Canaan's score of 0.18 indicating that Silicon Motion Technology is being referred to more favorably in the news media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Canaan 4 Very Positive mention(s) 1 Positive mention(s) 6 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Neutral Silicon Motion Technology 3 Very Positive mention(s) 2 Positive mention(s) 1 Neutral mention(s) 3 Negative mention(s) 1 Very Negative mention(s) Neutral Do institutionals & insiders have more ownership in CAN or SIMO? 70.1% of Canaan shares are owned by institutional investors. Comparatively, 78.0% of Silicon Motion Technology shares are owned by institutional investors. 0.3% of Canaan shares are owned by insiders. Comparatively, 5.3% of Silicon Motion Technology shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term. Which has more volatility & risk, CAN or SIMO? Canaan has a beta of 3.27, meaning that its share price is 227% more volatile than the S&P 500. Comparatively, Silicon Motion Technology has a beta of 0.8, meaning that its share price is 20% less volatile than the S&P 500. Which has stronger valuation & earnings, CAN or SIMO? Silicon Motion Technology has higher revenue and earnings than Canaan. Canaan is trading at a lower price-to-earnings ratio than Silicon Motion Technology, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioCanaan$211.48M2.68-$414.15M-$1.35-1.49Silicon Motion Technology$639.14M2.74$52.87M$2.6419.68 SummarySilicon Motion Technology beats Canaan on 17 of the 18 factors compared between the two stocks. Get Canaan News Delivered to You Automatically Sign up to receive the latest news and ratings for CAN and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?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. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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 Export to ExcelMetricCanaanSemiconductors & related devices IndustryComputer SectorNASDAQ ExchangeMarket Cap$565.98M$64.52B$26.93B$9.14BDividend YieldN/A2.13%2.79%4.04%P/E Ratio-1.4939.19236.2317.33Price / Sales2.6828.223,198.98136.54Price / CashN/A25.2934.2435.97Price / Book1.358.008.354.80Net Income-$414.15M$914.16M$669.74M$224.91M7 Day Performance3.61%2.17%1.72%1.77%1 Month Performance-32.32%5.78%3.62%2.22%1 Year Performance4.15%56.50%26.92%20.66% Canaan Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)CANCanaan2.8015 of 5 stars$2.01+5.8%$3.00+49.3%+4.1%$535.01M$229.63M-1.49350Short Interest ↓Gap UpSIMOSilicon Motion Technology4.043 of 5 stars$52.27-1.3%$81.67+56.2%-18.3%$1.76B$814.77M19.801,546Dividend AnnouncementNNNextNav2.8893 of 5 stars$12.76+6.5%$20.00+56.7%+237.4%$1.67B$4.96M-17.0160AAOIApplied Optoelectronics1.2217 of 5 stars$29.46-6.8%$29.20-0.9%+84.0%$1.38B$209.55M-14.302,149Insider TradeShort Interest ↓News CoveragePositive NewsGap DownJKSJinkoSolar3.5236 of 5 stars$24.45-0.9%$31.33+28.2%-24.3%$1.30B$104.44B41.4457,397Short Interest ↓News CoverageHIMXHimax Technologies4.5327 of 5 stars$7.33-4.6%$15.00+104.6%+53.6%$1.28B$897.26M16.662,164Short Interest ↓Positive NewsDQDaqo New Energy2.3518 of 5 stars$19.13-0.4%$22.26+16.4%-8.1%$1.26B$2.31B-10.345,765Short Interest ↑News CoverageNSSCNapco Security Technologies4.652 of 5 stars$33.27-1.5%$47.14+41.7%+6.1%$1.22B$191.15M24.461,150Analyst ForecastNews CoveragePositive NewsCOMMCommScope3.1024 of 5 stars$4.93-1.0%$2.50-49.3%+131.0%$1.06B$5.18B-1.1220,000Analyst UpgradeShort Interest ↑Gap DownPLPlanet Labs PBC2.5603 of 5 stars$3.58-3.5%$4.33+20.8%+83.9%$1.06B$220.70M-8.731,180Analyst ForecastNews CoverageGap DownBELFABel Fuse1.536 of 5 stars$82.65-1.2%N/A+46.5%$1.04B$524.94M20.016,300Short Interest ↓Positive News Related Companies and Tools Related Companies SIMO Alternatives NN Alternatives AAOI Alternatives JKS Alternatives HIMX Alternatives DQ Alternatives NSSC Alternatives COMM Alternatives PL Alternatives BELFA Alternatives Top 10 Stock Comparisons Bank Stocks Artificial Intelligence Stocks Toy Stocks Growth Stocks Airline Stocks Chinese Stocks EV Charging Stocks Defense Stocks Lithium Stocks Pharmaceutical Stocks This page (NASDAQ:CAN) was last updated on 1/18/2025 by MarketBeat.com Staff From Our PartnersLast time you’ll see this priced at $1.00When was the last time you bought something for a buck? 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