Free Trial

Cadence Design Systems (CDNS) Competitors

Cadence Design Systems logo
$353.61 +4.52 (+1.29%)
Closing price 08/12/2025 04:00 PM Eastern
Extended Trading
$355.24 +1.63 (+0.46%)
As of 09:01 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

CDNS vs. AMAT, KLAC, LRCX, META, MPWR, NVDA, SNPS, WWD, ANET, and WTS

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

Cadence Design Systems vs. Its Competitors

Applied Materials (NASDAQ:AMAT) 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 companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends, media sentiment and earnings.

Applied Materials has a beta of 1.7, meaning that its stock price is 70% more volatile than the S&P 500. Comparatively, Cadence Design Systems has a beta of 0.97, meaning that its stock price is 3% less volatile than the S&P 500.

Applied Materials has higher revenue and earnings than Cadence Design Systems. Applied Materials 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
Applied Materials$28.09B5.38$7.18B$8.2222.93
Cadence Design Systems$4.64B20.76$1.06B$3.7095.57

In the previous week, Applied Materials had 41 more articles in the media than Cadence Design Systems. MarketBeat recorded 77 mentions for Applied Materials and 36 mentions for Cadence Design Systems. Cadence Design Systems' average media sentiment score of 1.38 beat Applied Materials' score of 1.25 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
Applied Materials
60 Very Positive mention(s)
3 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Cadence Design Systems
30 Very Positive mention(s)
5 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

80.6% of Applied Materials shares are held by institutional investors. Comparatively, 84.9% of Cadence Design Systems shares are held by institutional investors. 0.2% of Applied Materials 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, hedge funds and endowments believe a stock is poised for long-term growth.

Applied Materials has a net margin of 24.06% compared to Cadence Design Systems' net margin of 19.88%. Applied Materials' return on equity of 40.15% beat Cadence Design Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Applied Materials24.06% 40.15% 22.42%
Cadence Design Systems 19.88%29.65%15.38%

Applied Materials presently has a consensus price target of $204.09, suggesting a potential upside of 8.30%. Cadence Design Systems has a consensus price target of $364.33, suggesting a potential upside of 3.03%. Given Applied Materials' higher possible upside, equities research analysts plainly believe Applied Materials is more favorable than Cadence Design Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Applied Materials
0 Sell rating(s)
8 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.68
Cadence Design Systems
1 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.73

Summary

Applied Materials beats Cadence Design Systems on 10 of the 16 factors compared between the two stocks.

Get Cadence Design Systems News Delivered to You Automatically

Sign up to receive the latest news and ratings for CDNS and its competitors with MarketBeat's FREE daily newsletter.

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 SystemsCOMP IndustryComputer SectorNASDAQ Exchange
Market Cap$95.12B$168.11B$29.61B$9.69B
Dividend YieldN/A1.34%3.11%4.14%
P/E Ratio95.5738.3051.1325.31
Price / Sales20.769.941,410.91102.34
Price / Cash66.7927.8635.5358.50
Price / Book19.2510.179.196.01
Net Income$1.06B$4.12B$803.11M$265.10M
7 Day Performance-1.82%-1.41%0.54%1.39%
1 Month Performance10.30%-1.69%0.43%2.43%
1 Year Performance30.29%33.82%24,040.49%24.74%

Cadence Design Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CDNS
Cadence Design Systems
4.5072 of 5 stars
$353.61
+1.3%
$364.33
+3.0%
+32.6%$95.12B$4.64B95.5712,700Positive News
AMAT
Applied Materials
4.7092 of 5 stars
$182.82
+1.6%
$204.09
+11.6%
-2.4%$146.71B$27.18B22.2435,700Trending News
Upcoming Earnings
Analyst Revision
KLAC
KLA
4.6999 of 5 stars
$915.62
+3.3%
$890.59
-2.7%
+23.5%$121.08B$12.16B30.1315,230Positive News
Dividend Announcement
LRCX
Lam Research
4.6251 of 5 stars
$98.41
+2.1%
$107.09
+8.8%
+29.8%$125.88B$18.44B23.6617,450Positive News
META
Meta Platforms
4.0329 of 5 stars
$776.37
+3.5%
$820.32
+5.7%
+53.1%$1.95T$164.50B28.1174,067Positive News
Insider Trade
MPWR
Monolithic Power Systems
4.617 of 5 stars
$830.63
+5.7%
$838.09
+0.9%
+2.0%$39.77B$2.54B21.634,017Positive News
NVDA
NVIDIA
4.6937 of 5 stars
$180.00
+3.6%
$182.03
+1.1%
+68.0%$4.39T$148.52B58.0636,000Trending News
SNPS
Synopsys
4.1885 of 5 stars
$636.02
+2.8%
$622.33
-2.2%
+20.2%$98.68B$6.13B45.9220,000Positive News
Upcoming Earnings
Analyst Forecast
WWD
Woodward
4.1852 of 5 stars
$259.87
+0.2%
$249.63
-3.9%
+61.6%$15.43B$3.32B41.129,300Positive News
ANET
Arista Networks
4.5723 of 5 stars
$120.23
+2.3%
$114.00
-5.2%
+66.9%$151.00B$7.00B50.894,412Trending News
Insider Trade
Analyst Revision
WTS
Watts Water Technologies
4.0776 of 5 stars
$261.53
+1.0%
$234.20
-10.5%
+53.2%$8.73B$2.25B29.964,800Earnings Report
Analyst Revision

Related Companies and Tools


This page (NASDAQ:CDNS) was last updated on 8/13/2025 by MarketBeat.com Staff
From Our Partners