CDNS vs. CRWD, PLTR, DDOG, EA, CRM, ADBE, INTU, SNPS, WDAY, and ADSK
Should you be buying Cadence Design Systems stock or one of its competitors? The main competitors of Cadence Design Systems include CrowdStrike (CRWD), Palantir Technologies (PLTR), Datadog (DDOG), Electronic Arts (EA), Salesforce (CRM), Adobe (ADBE), Intuit (INTU), Synopsys (SNPS), Workday (WDAY), and Autodesk (ADSK).
Cadence Design Systems (NASDAQ:CDNS) and CrowdStrike (NASDAQ:CRWD) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, valuation, risk, institutional ownership, analyst recommendations, media sentiment, community ranking, earnings and profitability.
Cadence Design Systems has a net margin of 25.68% compared to CrowdStrike's net margin of 2.92%. Cadence Design Systems' return on equity of 32.44% beat CrowdStrike's return on equity.
Cadence Design Systems has higher revenue and earnings than CrowdStrike. Cadence Design Systems is trading at a lower price-to-earnings ratio than CrowdStrike, indicating that it is currently the more affordable of the two stocks.
Cadence Design Systems presently has a consensus price target of $326.11, indicating a potential upside of 11.80%. CrowdStrike has a consensus price target of $373.95, indicating a potential upside of 6.99%. Given Cadence Design Systems' higher probable upside, analysts plainly believe Cadence Design Systems is more favorable than CrowdStrike.
Cadence Design Systems received 120 more outperform votes than CrowdStrike when rated by MarketBeat users. Likewise, 71.18% of users gave Cadence Design Systems an outperform vote while only 67.67% of users gave CrowdStrike an outperform vote.
84.9% of Cadence Design Systems shares are owned by institutional investors. Comparatively, 71.2% of CrowdStrike shares are owned by institutional investors. 0.6% of Cadence Design Systems shares are owned by company insiders. Comparatively, 4.3% of CrowdStrike shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
In the previous week, CrowdStrike had 28 more articles in the media than Cadence Design Systems. MarketBeat recorded 43 mentions for CrowdStrike and 15 mentions for Cadence Design Systems. Cadence Design Systems' average media sentiment score of 0.92 beat CrowdStrike's score of 0.70 indicating that Cadence Design Systems is being referred to more favorably in the media.
Cadence Design Systems has a beta of 1.06, indicating that its stock price is 6% more volatile than the S&P 500. Comparatively, CrowdStrike has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500.
Summary
Cadence Design Systems beats CrowdStrike on 11 of the 18 factors compared between the two stocks.
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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.
Skip ChartThis 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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