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Cadence Design Systems (CDNS) Competitors

Cadence Design Systems logo
$319.60 +3.28 (+1.04%)
Closing price 07/22/2025 04:00 PM Eastern
Extended Trading
$319.84 +0.24 (+0.08%)
As of 07/22/2025 07:59 PM 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 superior stock? We will contrast the two companies based on the strength of their valuation, profitability, risk, earnings, institutional ownership, media sentiment, analyst recommendations and dividends.

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

In the previous week, Cadence Design Systems had 16 more articles in the media than ANSYS. MarketBeat recorded 29 mentions for Cadence Design Systems and 13 mentions for ANSYS. Cadence Design Systems' average media sentiment score of 1.11 beat ANSYS's score of 0.80 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
6 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Cadence Design Systems
21 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

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$2.58B12.74$575.69M$6.7455.53
Cadence Design Systems$4.64B18.80$1.06B$3.9580.91

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

ANSYS currently has a consensus price target of $368.00, indicating a potential downside of 1.68%. Cadence Design Systems has a consensus price target of $332.57, indicating a potential upside of 4.06%. Given Cadence Design Systems' stronger consensus rating and higher possible 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$86.37B$167.09B$28.88B$9.45B
Dividend YieldN/A1.28%3.02%4.03%
P/E Ratio80.9139.2133.9219.90
Price / Sales18.8011.031,766.0985.24
Price / Cash60.5228.3238.1358.29
Price / Book18.7610.137.605.67
Net Income$1.06B$3.72B$781.12M$258.18M
7 Day Performance1.60%0.71%2.17%2.81%
1 Month Performance8.87%8.42%8.54%13.53%
1 Year Performance12.94%36.68%52,878.52%17.68%

Cadence Design Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CDNS
Cadence Design Systems
4.5686 of 5 stars
$319.60
+1.0%
$332.57
+4.1%
+11.3%$86.37B$4.64B80.9112,700Trending News
Upcoming Earnings
Analyst Downgrade
ANSS
ANSYS
3.0752 of 5 stars
$385.85
+3.0%
$368.00
-4.6%
N/A$33.92B$2.54B57.253,200Upcoming Earnings
High Trading Volume
KLAC
KLA
4.6559 of 5 stars
$921.84
-0.3%
$840.33
-8.8%
+10.2%$121.91B$11.55B33.5115,230Positive News
Analyst Forecast
META
Meta Platforms
3.6585 of 5 stars
$720.92
+0.5%
$729.38
+1.2%
+44.6%$1.81T$164.50B28.1274,067Trending News
Upcoming Earnings
Analyst Forecast
MPWR
Monolithic Power Systems
4.928 of 5 stars
$721.14
-2.0%
$799.42
+10.9%
-16.0%$34.53B$2.21B19.144,017Positive News
NVDA
NVIDIA
4.5231 of 5 stars
$164.07
-0.5%
$177.03
+7.9%
+35.2%$4.00T$130.50B52.9336,000Trending News
SNPS
Synopsys
4.2062 of 5 stars
$549.53
-1.7%
$612.67
+11.5%
+4.7%$85.27B$6.22B39.6820,000Analyst Forecast
High Trading Volume
WWD
Woodward
4.5026 of 5 stars
$251.56
+2.6%
$232.25
-7.7%
+39.7%$14.93B$3.32B40.649,300Upcoming Earnings
ANET
Arista Networks
4.3757 of 5 stars
$108.49
-0.1%
$110.07
+1.5%
+28.6%$136.25B$7.00B45.924,412Positive News
Insider Trade
WTS
Watts Water Technologies
3.9656 of 5 stars
$252.22
-1.0%
$231.20
-8.3%
+25.6%$8.42B$2.24B28.894,800Analyst Forecast
CRM
Salesforce
4.892 of 5 stars
$259.45
+0.5%
$348.16
+34.2%
+3.8%$248.03B$37.90B40.6076,453Trending News
Insider Trade

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This page (NASDAQ:CDNS) was last updated on 7/23/2025 by MarketBeat.com Staff
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