CAN vs. COMM, LUNR, AAOI, SEDG, PENG, BELFA, ICHR, NSSC, AIOT, and WOLF
Should you be buying Canaan stock or one of its competitors? The main competitors of Canaan include CommScope (COMM), Intuitive Machines (LUNR), Applied Optoelectronics (AAOI), SolarEdge Technologies (SEDG), Penguin Solutions (PENG), Bel Fuse (BELFA), Ichor (ICHR), Napco Security Technologies (NSSC), Powerfleet (AIOT), and Wolfspeed (WOLF). These companies are all part of the "electronic equipment" industry.
Canaan vs.
CommScope (NASDAQ:COMM) and Canaan (NASDAQ:CAN) are both small-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, earnings, risk, dividends, analyst recommendations, community ranking, media sentiment, institutional ownership and valuation.
CommScope has a net margin of -18.10% compared to Canaan's net margin of -128.85%. CommScope's return on equity of -1.01% beat Canaan's return on equity.
CommScope received 538 more outperform votes than Canaan when rated by MarketBeat users. However, 74.19% of users gave Canaan an outperform vote while only 65.69% of users gave CommScope an outperform vote.
Canaan has lower revenue, but higher earnings than CommScope. CommScope is trading at a lower price-to-earnings ratio than Canaan, indicating that it is currently the more affordable of the two stocks.
88.0% of CommScope shares are owned by institutional investors. Comparatively, 70.1% of Canaan shares are owned by institutional investors. 2.6% of CommScope shares are owned by insiders. Comparatively, 0.3% of Canaan shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
In the previous week, Canaan had 2 more articles in the media than CommScope. MarketBeat recorded 11 mentions for Canaan and 9 mentions for CommScope. CommScope's average media sentiment score of 0.72 beat Canaan's score of 0.35 indicating that CommScope is being referred to more favorably in the media.
CommScope has a beta of 1.89, indicating that its stock price is 89% more volatile than the S&P 500. Comparatively, Canaan has a beta of 3.39, indicating that its stock price is 239% more volatile than the S&P 500.
CommScope presently has a consensus price target of $4.75, suggesting a potential downside of 18.10%. Canaan has a consensus price target of $3.88, suggesting a potential upside of 262.15%. Given Canaan's stronger consensus rating and higher possible upside, analysts plainly believe Canaan is more favorable than CommScope.
Summary
Canaan beats CommScope on 10 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.
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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This page (NASDAQ:CAN) was last updated on 3/25/2025 by MarketBeat.com Staff
