Free Trial

Cadence Design Systems (CDNS) Competitors

$289.61
-2.09 (-0.72%)
(As of 01:16 PM ET)

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 vs.

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.

Company Net Margins Return on Equity Return on Assets
Cadence Design Systems25.68% 32.44% 19.18%
CrowdStrike 2.92%6.09%2.08%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cadence Design Systems$4.09B19.41$1.04B$3.8475.96
CrowdStrike$3.06B27.67$89.33M$0.36970.89

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cadence Design Systems
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.78
CrowdStrike
0 Sell rating(s)
1 Hold rating(s)
37 Buy rating(s)
0 Strong Buy rating(s)
2.97

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.

CompanyUnderperformOutperform
Cadence Design SystemsOutperform Votes
568
71.18%
Underperform Votes
230
28.82%
CrowdStrikeOutperform Votes
448
67.67%
Underperform Votes
214
32.33%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cadence Design Systems
7 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CrowdStrike
16 Very Positive mention(s)
7 Positive mention(s)
14 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

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.
Skip Chart

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.
Skip Chart

CDNS vs. The Competition

MetricCadence Design SystemsPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$78.74B$21.22B$20.65B$8.01B
Dividend YieldN/A2.15%2.72%3.99%
P/E Ratio75.3556.87234.8315.13
Price / Sales19.258.41535.5769.46
Price / Cash65.7669.1128.8931.24
Price / Book22.078.836.344.60
Net Income$1.04B$366.04M$618.88M$213.66M
7 Day Performance-1.81%-1.98%0.46%0.81%
1 Month Performance4.98%-1.72%3.27%3.65%
1 Year Performance23.26%6.98%27.82%7.66%

Cadence Design Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRWD
CrowdStrike
4.8055 of 5 stars
$349.52
+0.8%
$373.95
+7.0%
+126.8%$83.89B$3.06B970.927,925Upcoming Earnings
Analyst Forecast
Short Interest ↓
PLTR
Palantir Technologies
2.3159 of 5 stars
$20.95
-0.5%
$20.65
-1.4%
+53.5%$46.65B$2.23B174.603,735
DDOG
Datadog
4.7797 of 5 stars
$121.68
-0.4%
$135.58
+11.4%
+30.6%$40.70B$2.13B380.255,200Analyst Upgrade
Positive News
EA
Electronic Arts
4.725 of 5 stars
$131.97
-0.1%
$147.00
+11.4%
+4.1%$35.15B$7.56B28.2013,700Insider Selling
CRM
Salesforce
4.959 of 5 stars
$272.10
+0.8%
$310.94
+14.3%
+26.3%$263.39B$34.86B64.7972,682Earnings Report
Analyst Forecast
Insider Selling
Short Interest ↑
News Coverage
Gap Down
High Trading Volume
ADBE
Adobe
4.7557 of 5 stars
$477.60
-0.2%
$620.72
+30.0%
+15.0%$213.96B$19.94B45.6629,945Analyst Downgrade
Short Interest ↑
Gap Down
INTU
Intuit
4.9614 of 5 stars
$598.28
-0.3%
$679.41
+13.6%
+43.0%$167.25B$14.37B55.1918,200Earnings Report
Dividend Announcement
Analyst Upgrade
Insider Selling
SNPS
Synopsys
4.5693 of 5 stars
$580.21
-1.3%
$616.18
+6.2%
+30.5%$88.48B$5.84B63.0720,300Insider Selling
WDAY
Workday
4.9831 of 5 stars
$211.58
-1.8%
$283.96
+34.2%
-2.1%$55.86B$7.26B38.1218,800Earnings Report
Gap Down
ADSK
Autodesk
4.8425 of 5 stars
$208.51
-0.9%
$270.17
+29.6%
+4.8%$44.93B$5.50B49.5313,700Analyst Forecast
Short Interest ↑
High Trading Volume

Related Companies and Tools

This page (NASDAQ:CDNS) was last updated on 5/30/2024 by MarketBeat.com Staff

From Our Partners