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Cadence Design Systems (CDNS) Competitors

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$318.04 +0.55 (+0.17%)
Closing price 07/15/2025 04:00 PM Eastern
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$317.12 -0.92 (-0.29%)
As of 07:43 AM Eastern
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CDNS vs. ANSS, KLAC, META, MPWR, NVDA, SNPS, WWD, ANET, WTS, and CRM

Should you be buying Cadence Design Systems stock or one of its competitors? The main competitors of Cadence Design Systems include ANSYS (ANSS), KLA (KLAC), Meta Platforms (META), Monolithic Power Systems (MPWR), NVIDIA (NVDA), Synopsys (SNPS), Woodward (WWD), Arista Networks (ANET), Watts Water Technologies (WTS), and Salesforce (CRM).

Cadence Design Systems vs. Its Competitors

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

ANSYS has a beta of 1.19, suggesting that its share price is 19% more volatile than the S&P 500. Comparatively, Cadence Design Systems has a beta of 0.99, suggesting that its share price is 1% less volatile than the S&P 500.

Cadence Design Systems has higher revenue and earnings than ANSYS. ANSYS 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
ANSYS$2.54B13.57$575.69M$6.7458.27
Cadence Design Systems$4.64B18.71$1.06B$3.9580.52

92.4% of ANSYS shares are held by institutional investors. Comparatively, 84.9% of Cadence Design Systems shares are held by institutional investors. 0.6% of ANSYS shares are held by company insiders. Comparatively, 0.4% of Cadence Design Systems shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, Cadence Design Systems had 3 more articles in the media than ANSYS. MarketBeat recorded 42 mentions for Cadence Design Systems and 39 mentions for ANSYS. Cadence Design Systems' average media sentiment score of 1.22 beat ANSYS's score of 0.85 indicating that Cadence Design Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ANSYS
17 Very Positive mention(s)
10 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Cadence Design Systems
28 Very Positive mention(s)
0 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

ANSYS has a net margin of 22.95% compared to Cadence Design Systems' net margin of 22.18%. Cadence Design Systems' return on equity of 29.36% beat ANSYS's return on equity.

Company Net Margins Return on Equity Return on Assets
ANSYS22.95% 12.38% 9.47%
Cadence Design Systems 22.18%29.36%15.60%

ANSYS presently has a consensus target price of $368.00, indicating a potential downside of 6.29%. Cadence Design Systems has a consensus target price of $330.07, indicating a potential upside of 3.78%. Given Cadence Design Systems' stronger consensus rating and higher probable upside, analysts plainly believe Cadence Design Systems is more favorable than ANSYS.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ANSYS
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Cadence Design Systems
1 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.79

Summary

Cadence Design Systems beats ANSYS on 11 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 CDNS 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 SystemsCOMP IndustryComputer SectorNASDAQ Exchange
Market Cap$86.69B$162.71B$27.98B$9.29B
Dividend YieldN/A1.31%3.14%4.03%
P/E Ratio80.5236.8133.0719.58
Price / Sales18.7117.841,765.9395.01
Price / Cash60.7428.0137.6457.93
Price / Book18.669.777.455.54
Net Income$1.06B$3.58B$779.73M$257.73M
7 Day Performance-1.51%-2.50%-0.66%-0.08%
1 Month Performance5.73%5.37%4.90%8.09%
1 Year Performance2.02%42.93%52,715.16%13.02%

Cadence Design Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CDNS
Cadence Design Systems
4.4701 of 5 stars
$318.04
+0.2%
$330.07
+3.8%
+0.8%$86.69B$4.64B80.5212,700Positive News
Analyst Forecast
ANSS
ANSYS
3.048 of 5 stars
$363.09
-1.2%
$352.50
-2.9%
+19.9%$31.92B$2.54B53.873,200Trending News
Analyst Downgrade
KLAC
KLA
4.4828 of 5 stars
$912.62
-1.3%
$818.06
-10.4%
+9.1%$120.68B$9.81B33.1715,230Positive News
Upcoming Earnings
META
Meta Platforms
3.6324 of 5 stars
$718.35
-0.1%
$719.29
+0.1%
+43.2%$1.81T$164.50B28.0274,067Trending News
MPWR
Monolithic Power Systems
4.9451 of 5 stars
$741.17
-2.3%
$789.42
+6.5%
-17.6%$35.49B$2.21B19.684,017Positive News
Analyst Forecast
Gap Up
NVDA
NVIDIA
4.4398 of 5 stars
$158.24
-0.7%
$176.47
+11.5%
+32.9%$3.86T$148.52B51.0536,000Trending News
Analyst Forecast
Insider Trade
Gap Up
SNPS
Synopsys
4.2024 of 5 stars
$536.52
-2.2%
$607.14
+13.2%
-7.6%$83.25B$6.13B38.7420,000Trending News
Analyst Forecast
WWD
Woodward
4.5219 of 5 stars
$253.50
+0.5%
$228.88
-9.7%
+40.6%$15.05B$3.32B40.959,300
ANET
Arista Networks
4.35 of 5 stars
$101.51
-1.0%
$109.33
+7.7%
+19.3%$127.49B$7.00B42.974,412
WTS
Watts Water Technologies
3.8195 of 5 stars
$249.78
-2.2%
$231.20
-7.4%
+28.7%$8.34B$2.25B28.614,800
CRM
Salesforce
4.8556 of 5 stars
$269.74
-0.9%
$349.08
+29.4%
+1.9%$257.87B$37.90B42.2176,453Trending News
Analyst Forecast
Insider Trade

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This page (NASDAQ:CDNS) was last updated on 7/16/2025 by MarketBeat.com Staff
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