Canaan (CAN) Competitors $0.98 +0.11 (+12.72%) Closing price 04:00 PM EasternExtended Trading$0.97 -0.01 (-1.13%) As of 06:17 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock CAN vs. DQ, PENG, JKS, BELFA, NVTS, NSSC, SHLS, LASR, CSIQ, and INDIShould you be buying Canaan stock or one of its competitors? The main competitors of Canaan include DAQO New Energy (DQ), Penguin Solutions (PENG), JinkoSolar (JKS), Bel Fuse (BELFA), Navitas Semiconductor (NVTS), NAPCO Security Technologies (NSSC), Shoals Technologies Group (SHLS), nLight (LASR), Canadian Solar (CSIQ), and indie Semiconductor (INDI). These companies are all part of the "electronic equipment" industry. Canaan vs. Its Competitors DAQO New Energy Penguin Solutions JinkoSolar Bel Fuse Navitas Semiconductor NAPCO Security Technologies Shoals Technologies Group nLight Canadian Solar indie Semiconductor Canaan (NASDAQ:CAN) and DAQO New Energy (NYSE:DQ) are both small-cap electronic equipment companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, valuation, profitability, institutional ownership, media sentiment, analyst recommendations, risk and dividends. Does the media favor CAN or DQ? In the previous week, Canaan had 16 more articles in the media than DAQO New Energy. MarketBeat recorded 21 mentions for Canaan and 5 mentions for DAQO New Energy. DAQO New Energy's average media sentiment score of 1.25 beat Canaan's score of -0.01 indicating that DAQO New Energy 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) 1 Positive mention(s) 4 Neutral mention(s) 3 Negative mention(s) 5 Very Negative mention(s) Neutral DAQO New Energy 2 Very Positive mention(s) 2 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Do analysts prefer CAN or DQ? Canaan presently has a consensus price target of $2.67, suggesting a potential upside of 172.64%. DAQO New Energy has a consensus price target of $22.59, suggesting a potential upside of 13.99%. Given Canaan's higher probable upside, research analysts plainly believe Canaan is more favorable than DAQO New Energy.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Canaan 0 Sell rating(s) 3 Hold rating(s) 5 Buy rating(s) 0 Strong Buy rating(s) 2.63DAQO New Energy 0 Sell rating(s) 4 Hold rating(s) 3 Buy rating(s) 2 Strong Buy rating(s) 2.78 Which has better earnings and valuation, CAN or DQ? Canaan has higher earnings, but lower revenue than DAQO New Energy. DAQO New Energy is trading at a lower price-to-earnings ratio than Canaan, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioCanaan$269.32M1.35-$249.75M-$1.02-0.96DAQO New Energy$1.03B1.29-$345.21M-$6.51-3.04 Do institutionals & insiders have more ownership in CAN or DQ? 70.1% of Canaan shares are held by institutional investors. Comparatively, 47.2% of DAQO New Energy shares are held by institutional investors. 0.3% of Canaan shares are held by insiders. Comparatively, 24.3% of DAQO New Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term. Which has more risk and volatility, CAN or DQ? Canaan has a beta of 3.29, meaning that its share price is 229% more volatile than the S&P 500. Comparatively, DAQO New Energy has a beta of 0.6, meaning that its share price is 40% less volatile than the S&P 500. Is CAN or DQ more profitable? DAQO New Energy has a net margin of -58.63% compared to Canaan's net margin of -93.62%. DAQO New Energy's return on equity of -7.16% beat Canaan's return on equity.Company Net Margins Return on Equity Return on Assets Canaan-93.62% -98.53% -57.74% DAQO New Energy -58.63%-7.16%-6.48% SummaryCanaan beats DAQO New Energy on 9 of the 17 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 CAN 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 ExcelMetricCanaanFIN IndustryFinance SectorNASDAQ ExchangeMarket Cap$364.73M$7.80B$12.08B$9.31BDividend YieldN/A4.77%5.55%4.03%P/E Ratio-0.9618.4919.1019.73Price / Sales1.356.4826.58174.40Price / CashN/A22.4521.6257.96Price / Book1.382.792.305.67Net Income-$249.75M$308.89M$997.60M$257.79M7 Day Performance39.73%2.58%-0.12%0.54%1 Month Performance38.97%14.09%3.56%8.86%1 Year Performance-19.17%18.90%540.86%14.22% Canaan Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)CANCanaan2.7058 of 5 stars$0.98+12.7%$2.67+172.6%-28.3%$364.73M$269.32M-0.96350Options VolumeGap UpHigh Trading VolumeDQDAQO New Energy2.3214 of 5 stars$20.25+0.5%$22.59+11.6%+24.6%$1.36B$737.68M-3.114,749Positive NewsGap UpPENGPenguin Solutions1.8641 of 5 stars$24.70+2.5%$25.75+4.3%N/A$1.29B$1.17B-88.212,700Trending NewsAnalyst ForecastJKSJinkoSolar1.62 of 5 stars$24.32-0.4%$27.19+11.8%+11.0%$1.25B$12.64B-4.8433,830BELFABel Fuse3.4487 of 5 stars$91.62-0.4%$115.00+25.5%+6.3%$1.16B$534.79M28.106,300Upcoming EarningsNVTSNavitas Semiconductor0.9109 of 5 stars$5.87+0.5%$3.71-36.8%+29.5%$1.13B$74.15M-11.29160NSSCNAPCO Security Technologies2.5752 of 5 stars$30.58-0.9%$30.83+0.8%-46.7%$1.09B$181.23M25.071,070SHLSShoals Technologies Group4.1407 of 5 stars$5.75-1.7%$8.63+50.1%-14.3%$961.29M$399.21M47.921,290Analyst DowngradeLASRnLight1.3642 of 5 stars$18.43+0.8%$17.70-4.0%+52.6%$911.18M$198.55M-16.311,100CSIQCanadian Solar2.9775 of 5 stars$13.37+5.2%$14.74+10.3%-16.0%$895.39M$5.99B-26.741,224INDIindie Semiconductor1.9871 of 5 stars$3.84-0.3%$6.08+58.4%-44.1%$816.05M$218.41M-5.12400Gap Down Related Companies and Tools Related Companies DQ Alternatives PENG Alternatives JKS Alternatives BELFA Alternatives NVTS Alternatives NSSC Alternatives SHLS Alternatives LASR Alternatives CSIQ Alternatives INDI Alternatives Top 10 Stock Comparisons Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (NASDAQ:CAN) was last updated on 7/16/2025 by MarketBeat.com Staff From Our PartnersRevolutionary AI Tech Targets Early Diabetic Blindness Detection FDA Trial UnderwayTiny Stock, Massive Potential— this company’s AI platform is a game changer for healthcare!Interactive Offers | SponsoredINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffRight now, we’re witnessing a monumental shift in the world.Traders Agency | SponsoredMarket Panic: Trump Just Dropped a Bomb on Your Stockstock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tarif...American Alternative | SponsoredTrump’s treachery Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...Porter & Company | Sponsored[ATTENTION] This Crypto Rocket Is About Launch…Every crypto bull market ends with a final surge — the window where fortunes are made fast. 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