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 compare the two businesses based on the strength of their valuation, community ranking, earnings, analyst recommendations, institutional ownership, profitability, dividends, risk and media sentiment.
Cadence Design Systems received 107 more outperform votes than CrowdStrike when rated by MarketBeat users. Likewise, 71.21% of users gave Cadence Design Systems an outperform vote while only 68.34% of users gave CrowdStrike an outperform vote.
Company Underperform Outperform Cadence Design Systems Outperform Votes 569
71.21%
Underperform Votes 230
28.79%
CrowdStrike Outperform Votes 462
68.34%
Underperform Votes 214
31.66%
Cadence Design Systems has a beta of 1.04, indicating that its stock price is 4% 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.
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.
Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Cadence Design Systems $4.09B 20.79 $1.04B $3.84 81.28 CrowdStrike $3.06B 30.51 $89.33M $0.53 727.25 In the previous week, CrowdStrike had 38 more articles in the media than Cadence Design Systems. MarketBeat recorded 54 mentions for CrowdStrike and 16 mentions for Cadence Design Systems. Cadence Design Systems' average media sentiment score of 0.92 beat CrowdStrike's score of 0.74 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 10 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive CrowdStrike 34 Very Positive mention(s)
3 Positive mention(s)
11 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive Cadence Design Systems has a net margin of 25.68% compared to CrowdStrike's net margin of 4.01%. 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 Systems 25.68% 32.44% 19.18% CrowdStrike 4.01% 7.39% 2.63% 84.9% of Cadence Design Systems shares are owned by institutional investors. Comparatively, 71.2% of CrowdStrike shares are owned by institutional investors. 2.0% of Cadence Design Systems shares are owned by insiders. Comparatively, 4.3% of CrowdStrike shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Cadence Design Systems presently has a consensus target price of $331.11, indicating a potential upside of 6.09%. CrowdStrike has a consensus target price of $375.61, indicating a potential downside of 2.55%. Given Cadence Design Systems' higher probable upside, research 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)
1 Strong Buy rating(s)
3.00
Summary
Cadence Design Systems beats CrowdStrike on 11 of the 19 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
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| Metric | Cadence Design Systems | Prepackaged software Industry | Computer Sector | NASDAQ Exchange |
|---|---|---|---|---|
| Market Cap | $85.02B | $22.85B | $22.53B | $8.40B |
| Dividend Yield | N/A | 1.98% | 2.69% | 4.04% |
| P/E Ratio | 81.28 | 75.53 | 258.80 | 18.08 |
| Price / Sales | 20.79 | 7.64 | 551.22 | 79.93 |
| Price / Cash | 69.20 | 68.93 | 31.14 | 31.32 |
| Price / Book | 24.95 | 8.80 | 6.56 | 4.22 |
| Net Income | $1.04B | $364.93M | $629.45M | $216.24M |
| 7 Day Performance | 6.01% | -0.29% | -0.51% | -0.47% |
| 1 Month Performance | 6.48% | -6.03% | -1.46% | -2.38% |
| 1 Year Performance | 31.26% | 0.88% | 11.26% | 2.11% |
Cadence Design Systems Competitors List
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| Company | MarketRank | Share Price | Analysts' Price Target | 1Y Price Performance | Market Cap | Revenue | P/E Ratio | Employee Count | Indicator(s) |
|---|---|---|---|---|---|---|---|---|---|
| CRWDCrowdStrike | 4.0549 of 5 stars | $387.37 +0.7% | $375.61 -3.0% | +150.3% | $93.03B | $3.28B | 730.90 | 7,925 | |
| PLTRPalantir Technologies | 1.7752 of 5 stars | $23.77 -0.3% | $20.65 -13.1% | +48.2% | $52.93B | $2.23B | 198.10 | 3,735 | |
| DDOGDatadog | 4.5909 of 5 stars | $119.11 +3.7% | $137.50 +15.4% | +22.4% | $39.84B | $2.13B | 372.22 | 5,200 | Analyst Forecast Insider Selling |
| EAElectronic Arts | 3.9002 of 5 stars | $135.63 -0.8% | $147.00 +8.4% | +6.3% | $36.13B | $7.56B | 28.98 | 13,700 | Short Interest ↑ |
| CRMSalesforce | 4.9523 of 5 stars | $235.71 -2.2% | $292.79 +24.2% | +10.7% | $228.40B | $34.86B | 42.39 | 72,682 | Insider Selling |
| ADBEAdobe | 4.7836 of 5 stars | $459.87 -0.6% | $600.97 +30.7% | +9.5% | $206.02B | $19.94B | 43.96 | 29,945 | Earnings Report Analyst Downgrade Short Interest ↓ Analyst Revision News Coverage Gap Up |
| INTUIntuit | 4.9378 of 5 stars | $592.22 +4.5% | $679.41 +14.7% | +33.5% | $165.56B | $14.37B | 54.63 | 18,200 | Analyst Forecast Insider Selling Short Interest ↑ |
| SNPSSynopsys | 4.4571 of 5 stars | $590.89 +1.9% | $616.18 +4.3% | +32.3% | $90.54B | $5.84B | 64.23 | 20,300 | Insider Selling Positive News |
| WDAYWorkday | 4.9744 of 5 stars | $210.93 -1.5% | $283.96 +34.6% | -3.6% | $55.90B | $7.26B | 38.01 | 18,800 | Short Interest ↑ |
| ADSKAutodesk | 4.3474 of 5 stars | $223.02 +5.4% | $269.05 +20.6% | +5.8% | $48.06B | $5.50B | 52.97 | 13,700 | Earnings Report Analyst Forecast Short Interest ↑ Analyst Revision High Trading Volume |
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- EA Competitors
- CRM Competitors
- ADBE Competitors
- INTU Competitors
- SNPS Competitors
- WDAY Competitors
- ADSK Competitors
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