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Canaan (CAN) Competitors

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$0.77 -0.01 (-0.73%)
Closing price 08/15/2025 04:00 PM Eastern
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$0.77 +0.00 (+0.10%)
As of 08/15/2025 07:59 PM Eastern
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CAN vs. NSSC, INDI, CSIQ, SHLS, SKYT, IMOS, ONDS, BKSY, AIOT, and ICHR

Should you be buying Canaan stock or one of its competitors? The main competitors of Canaan include NAPCO Security Technologies (NSSC), indie Semiconductor (INDI), Canadian Solar (CSIQ), Shoals Technologies Group (SHLS), SkyWater Technology (SKYT), Chipmos Technologies (IMOS), Ondas (ONDS), BlackSky Technology (BKSY), PowerFleet (AIOT), and Ichor (ICHR). These companies are all part of the "electronic equipment" industry.

Canaan vs. Its Competitors

Canaan (NASDAQ:CAN) and NAPCO Security Technologies (NASDAQ:NSSC) are both small-cap electronic equipment companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, profitability, institutional ownership, risk, dividends and earnings.

NAPCO Security Technologies has lower revenue, but higher earnings than Canaan. Canaan is trading at a lower price-to-earnings ratio than NAPCO Security Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canaan$269.32M1.07-$249.75M-$0.90-0.86
NAPCO Security Technologies$181.23M6.00$49.82M$1.2224.99

NAPCO Security Technologies has a net margin of 25.00% compared to Canaan's net margin of -77.01%. NAPCO Security Technologies' return on equity of 26.14% beat Canaan's return on equity.

Company Net Margins Return on Equity Return on Assets
Canaan-77.01% -96.52% -52.13%
NAPCO Security Technologies 25.00%26.14%22.34%

70.1% of Canaan shares are owned by institutional investors. Comparatively, 85.1% of NAPCO Security Technologies shares are owned by institutional investors. 0.3% of Canaan shares are owned by company insiders. Comparatively, 5.2% of NAPCO Security Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Canaan currently has a consensus target price of $2.50, suggesting a potential upside of 223.75%. NAPCO Security Technologies has a consensus target price of $30.83, suggesting a potential upside of 1.13%. Given Canaan's stronger consensus rating and higher probable upside, research analysts clearly believe Canaan is more favorable than NAPCO Security Technologies.

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)
2.63
NAPCO Security Technologies
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43

In the previous week, Canaan had 21 more articles in the media than NAPCO Security Technologies. MarketBeat recorded 23 mentions for Canaan and 2 mentions for NAPCO Security Technologies. NAPCO Security Technologies' average media sentiment score of 1.86 beat Canaan's score of 0.33 indicating that NAPCO Security Technologies 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)
3 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
NAPCO Security Technologies
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Canaan has a beta of 3.25, indicating that its stock price is 225% more volatile than the S&P 500. Comparatively, NAPCO Security Technologies has a beta of 1.42, indicating that its stock price is 42% more volatile than the S&P 500.

Summary

NAPCO Security Technologies beats Canaan on 10 of the 16 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 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

MetricCanaanFIN IndustryFinance SectorNASDAQ Exchange
Market Cap$287.95M$7.76B$12.40B$9.79B
Dividend YieldN/A4.80%5.56%4.13%
P/E Ratio-0.8613.9718.7723.74
Price / Sales1.076.4725.77106.04
Price / CashN/A24.7018.7628.44
Price / Book1.092.712.255.96
Net Income-$249.75M$311.02M$1.01B$265.21M
7 Day Performance5.36%0.97%1.21%4.22%
1 Month Performance-19.07%2.73%0.82%0.77%
1 Year Performance-10.21%28.99%543.13%24.69%

Canaan Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CAN
Canaan
3.1245 of 5 stars
$0.77
-0.7%
$2.50
+223.8%
-10.2%$287.95M$269.32M-0.86350Trending News
Earnings Report
Analyst Forecast
NSSC
NAPCO Security Technologies
2.9977 of 5 stars
$29.72
-0.6%
$30.83
+3.7%
-46.0%$1.06B$181.23M24.361,070Positive News
INDI
indie Semiconductor
2.5099 of 5 stars
$3.89
-3.2%
$5.90
+51.7%
+8.9%$826.68M$218.41M-4.63400Positive News
CSIQ
Canadian Solar
2.2605 of 5 stars
$11.58
-0.7%
$14.39
+24.3%
-14.9%$775.54M$5.86B-23.161,224News Coverage
Positive News
Upcoming Earnings
SHLS
Shoals Technologies Group
4.2286 of 5 stars
$4.46
-5.5%
$9.15
+105.2%
-1.0%$745.60M$400.35M34.311,290Analyst Downgrade
SKYT
SkyWater Technology
1.9946 of 5 stars
$13.55
-3.8%
$13.00
-4.1%
+13.1%$650.87M$289.66M-39.85590News Coverage
Insider Trade
Gap Up
High Trading Volume
IMOS
Chipmos Technologies
1.4111 of 5 stars
$17.78
-1.1%
N/A-30.5%$637.63M$22.70B18.145,898News Coverage
Earnings Report
ONDS
Ondas
1.5386 of 5 stars
$3.43
-3.4%
$3.25
-5.2%
+443.7%$615.89M$7.19M-5.9170Trending News
Earnings Report
Analyst Forecast
Short Interest ↑
Gap Down
BKSY
BlackSky Technology
1.8981 of 5 stars
$17.20
+0.6%
$23.50
+36.6%
+107.3%$604.58M$107.40M-5.12210
AIOT
PowerFleet
2.9462 of 5 stars
$4.39
+13.4%
$10.50
+139.2%
-5.2%$585.80M$362.52M-10.212,518Analyst Downgrade
Insider Trade
Gap Up
High Trading Volume
ICHR
Ichor
4.5044 of 5 stars
$16.06
-7.9%
$23.80
+48.2%
-43.3%$551.34M$849.04M-26.332,380High Trading Volume

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This page (NASDAQ:CAN) was last updated on 8/17/2025 by MarketBeat.com Staff
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