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Cadence Design Systems (CDNS) Competitors

Cadence Design Systems logo
$305.60 +6.70 (+2.24%)
As of 01/17/2025 04:00 PM Eastern

CDNS vs. CRM, ADBE, INTU, MSTR, SNPS, WDAY, ADSK, FICO, ANSS, and TYL

Should you be buying Cadence Design Systems stock or one of its competitors? The main competitors of Cadence Design Systems include Salesforce (CRM), Adobe (ADBE), Intuit (INTU), MicroStrategy (MSTR), Synopsys (SNPS), Workday (WDAY), Autodesk (ADSK), Fair Isaac (FICO), ANSYS (ANSS), and Tyler Technologies (TYL). These companies are all part of the "application software" industry.

Cadence Design Systems vs.

Salesforce (NYSE:CRM) and Cadence Design Systems (NASDAQ:CDNS) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, risk, dividends, media sentiment, profitability, institutional ownership, valuation and community ranking.

In the previous week, Salesforce had 52 more articles in the media than Cadence Design Systems. MarketBeat recorded 77 mentions for Salesforce and 25 mentions for Cadence Design Systems. Salesforce's average media sentiment score of 1.13 beat Cadence Design Systems' score of 1.05 indicating that Salesforce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Salesforce
51 Very Positive mention(s)
6 Positive mention(s)
14 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cadence Design Systems
16 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

80.4% of Salesforce shares are owned by institutional investors. Comparatively, 84.9% of Cadence Design Systems shares are owned by institutional investors. 3.2% of Salesforce shares are owned by company insiders. Comparatively, 0.6% of Cadence Design Systems shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Salesforce has a beta of 1.3, suggesting that its stock price is 30% more volatile than the S&P 500. Comparatively, Cadence Design Systems has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500.

Salesforce presently has a consensus price target of $377.63, suggesting a potential upside of 16.28%. Cadence Design Systems has a consensus price target of $329.50, suggesting a potential upside of 7.82%. Given Salesforce's stronger consensus rating and higher probable upside, research analysts plainly believe Salesforce is more favorable than Cadence Design Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Salesforce
1 Sell rating(s)
6 Hold rating(s)
30 Buy rating(s)
4 Strong Buy rating(s)
2.90
Cadence Design Systems
1 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.79

Salesforce has higher revenue and earnings than Cadence Design Systems. Salesforce is trading at a lower price-to-earnings ratio than Cadence Design Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Salesforce$34.86B8.92$4.14B$6.0853.42
Cadence Design Systems$4.09B20.49$1.04B$3.8180.21

Salesforce received 2660 more outperform votes than Cadence Design Systems when rated by MarketBeat users. Likewise, 82.47% of users gave Salesforce an outperform vote while only 71.24% of users gave Cadence Design Systems an outperform vote.

CompanyUnderperformOutperform
SalesforceOutperform Votes
3242
82.47%
Underperform Votes
689
17.53%
Cadence Design SystemsOutperform Votes
582
71.24%
Underperform Votes
235
28.76%

Cadence Design Systems has a net margin of 23.87% compared to Salesforce's net margin of 15.96%. Cadence Design Systems' return on equity of 28.49% beat Salesforce's return on equity.

Company Net Margins Return on Equity Return on Assets
Salesforce15.96% 12.34% 7.65%
Cadence Design Systems 23.87%28.49%16.20%

Summary

Salesforce beats Cadence Design Systems on 13 of the 19 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.
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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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CDNS vs. The Competition

MetricCadence Design SystemsPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$82.00B$24.55B$26.58B$8.94B
Dividend YieldN/A2.09%2.79%4.04%
P/E Ratio80.2193.60237.1217.34
Price / Sales20.4914.083,223.8378.67
Price / Cash66.3882.5634.3435.97
Price / Book24.4312.638.404.79
Net Income$1.04B$444.67M$672.79M$225.00M
7 Day Performance2.21%2.44%2.05%1.52%
1 Month Performance1.45%4.27%5.09%4.68%
1 Year Performance9.53%30.26%26.57%20.89%

Cadence Design Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CDNS
Cadence Design Systems
4.6279 of 5 stars
$305.60
+2.2%
$329.50
+7.8%
+9.5%$82.00B$4.09B80.2111,200Analyst Revision
News Coverage
Positive News
Gap Up
CRM
Salesforce
4.9296 of 5 stars
$318.07
+0.1%
$376.05
+18.2%
+18.3%$304.39B$37.19B52.3172,682Analyst Upgrade
Insider Trade
Short Interest ↓
News Coverage
Positive News
Gap Up
ADBE
Adobe
4.9401 of 5 stars
$406.87
+0.2%
$575.85
+41.5%
-27.6%$179.10B$21.51B32.8129,945Analyst Upgrade
Short Interest ↑
News Coverage
INTU
Intuit
4.8597 of 5 stars
$614.59
-1.4%
$737.44
+20.0%
-1.2%$172.03B$16.59B59.6718,800Analyst Downgrade
News Coverage
MSTR
MicroStrategy
4.0966 of 5 stars
$317.99
-3.0%
$479.25
+50.7%
+714.8%$76.21B$467.24M-150.921,934Analyst Forecast
Gap Up
SNPS
Synopsys
4.8357 of 5 stars
$487.50
-1.0%
$641.82
+31.7%
+6.5%$75.36B$6.13B33.5719,000Insider Trade
News Coverage
Gap Up
WDAY
Workday
4.9082 of 5 stars
$246.43
-1.3%
$292.25
+18.6%
-12.6%$65.55B$8.16B40.8717,700Analyst Forecast
Insider Trade
Short Interest ↑
News Coverage
Gap Up
ADSK
Autodesk
4.7951 of 5 stars
$283.39
-0.6%
$326.05
+15.1%
+20.8%$60.93B$5.96B56.2314,100Short Interest ↓
News Coverage
Positive News
Gap Up
FICO
Fair Isaac
4.7944 of 5 stars
$1,906.25
-0.6%
$2,024.31
+6.2%
+51.8%$46.41B$1.72B93.223,586Upcoming Earnings
Analyst Forecast
Insider Trade
Short Interest ↑
News Coverage
Positive News
ANSS
ANSYS
3.9615 of 5 stars
$336.92
-0.3%
$342.50
+1.7%
+6.6%$29.46B$2.47B51.995,600Positive News
TYL
Tyler Technologies
4.724 of 5 stars
$560.28
+0.1%
$643.77
+14.9%
+34.2%$23.98B$2.08B102.247,300Positive News

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This page (NASDAQ:CDNS) was last updated on 1/19/2025 by MarketBeat.com Staff
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