ADSK
Price
$281.67
Change
+$3.96 (+1.43%)
Updated
Oct 11 closing price
37 days until earnings call
CDNS
Price
$282.39
Change
+$1.75 (+0.62%)
Updated
Oct 11 closing price
15 days until earnings call
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ADSK vs CDNS

Header iconADSK vs CDNS Comparison
Open Charts ADSK vs CDNSBanner chart's image
Autodesk
Price$281.67
Change+$3.96 (+1.43%)
Volume$1.33M
CapitalizationN/A
Cadence Design Systems
Price$282.39
Change+$1.75 (+0.62%)
Volume$1.39M
CapitalizationN/A
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ADSK vs CDNS Comparison Chart
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ADSK
Daily Signalchanged days ago
Gain/Loss if shorted
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CDNS
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
ADSK vs. CDNS commentary
Oct 14, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ADSK is a StrongBuy and CDNS is a Buy.

COMPARISON
Comparison
Oct 14, 2024
Stock price -- (ADSK: $281.67 vs. CDNS: $282.39)
Brand notoriety: ADSK: Notable vs. CDNS: Not notable
Both companies represent the Packaged Software industry
Current volume relative to the 65-day Moving Average: ADSK: 102% vs. CDNS: 84%
Market capitalization -- ADSK: $55.71B vs. CDNS: $85.08B
ADSK [@Packaged Software] is valued at $55.71B. CDNS’s [@Packaged Software] market capitalization is $85.08B. The market cap for tickers in the [@Packaged Software] industry ranges from $3.15T to $0. The average market capitalization across the [@Packaged Software] industry is $11.16B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ADSK’s FA Score shows that 2 FA rating(s) are green whileCDNS’s FA Score has 1 green FA rating(s).

  • ADSK’s FA Score: 2 green, 3 red.
  • CDNS’s FA Score: 1 green, 4 red.
According to our system of comparison, ADSK is a better buy in the long-term than CDNS.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ADSK’s TA Score shows that 4 TA indicator(s) are bullish while CDNS’s TA Score has 7 bullish TA indicator(s).

  • ADSK’s TA Score: 4 bullish, 4 bearish.
  • CDNS’s TA Score: 7 bullish, 2 bearish.
According to our system of comparison, CDNS is a better buy in the short-term than ADSK.

Price Growth

ADSK (@Packaged Software) experienced а +3.88% price change this week, while CDNS (@Packaged Software) price change was +5.11% for the same time period.

The average weekly price growth across all stocks in the @Packaged Software industry was +1.14%. For the same industry, the average monthly price growth was +6.30%, and the average quarterly price growth was -1.92%.

Reported Earning Dates

ADSK is expected to report earnings on Nov 19, 2024.

CDNS is expected to report earnings on Feb 25, 2025.

Industries' Descriptions

@Packaged Software (+1.14% weekly)

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

SUMMARIES
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FUNDAMENTALS
Fundamentals
CDNS($85.1B) has a higher market cap than ADSK($55.7B). CDNS has higher P/E ratio than ADSK: CDNS (81.70) vs ADSK (61.92). ADSK YTD gains are higher at: 15.685 vs. CDNS (3.679). CDNS has higher annual earnings (EBITDA): 1.46B vs. ADSK (1.16B). ADSK has more cash in the bank: 2.07B vs. CDNS (1.14B). CDNS has less debt than ADSK: CDNS (764M) vs ADSK (2.67B). ADSK has higher revenues than CDNS: ADSK (5.21B) vs CDNS (4.09B).
ADSKCDNSADSK / CDNS
Capitalization55.7B85.1B65%
EBITDA1.16B1.46B79%
Gain YTD15.6853.679426%
P/E Ratio61.9281.7076%
Revenue5.21B4.09B127%
Total Cash2.07B1.14B182%
Total Debt2.67B764M349%
FUNDAMENTALS RATINGS
ADSK vs CDNS: Fundamental Ratings
ADSK
CDNS
OUTLOOK RATING
1..100
3722
VALUATION
overvalued / fair valued / undervalued
1..100
80
Overvalued
82
Overvalued
PROFIT vs RISK RATING
1..100
448
SMR RATING
1..100
1734
PRICE GROWTH RATING
1..100
2256
P/E GROWTH RATING
1..100
6072
SEASONALITY SCORE
1..100
8550

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

ADSK's Valuation (80) in the Packaged Software industry is in the same range as CDNS (82) in the Electronic Production Equipment industry. This means that ADSK’s stock grew similarly to CDNS’s over the last 12 months.

CDNS's Profit vs Risk Rating (8) in the Electronic Production Equipment industry is somewhat better than the same rating for ADSK (44) in the Packaged Software industry. This means that CDNS’s stock grew somewhat faster than ADSK’s over the last 12 months.

ADSK's SMR Rating (17) in the Packaged Software industry is in the same range as CDNS (34) in the Electronic Production Equipment industry. This means that ADSK’s stock grew similarly to CDNS’s over the last 12 months.

ADSK's Price Growth Rating (22) in the Packaged Software industry is somewhat better than the same rating for CDNS (56) in the Electronic Production Equipment industry. This means that ADSK’s stock grew somewhat faster than CDNS’s over the last 12 months.

ADSK's P/E Growth Rating (60) in the Packaged Software industry is in the same range as CDNS (72) in the Electronic Production Equipment industry. This means that ADSK’s stock grew similarly to CDNS’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ADSKCDNS
RSI
ODDS (%)
Bearish Trend 3 days ago
71%
Bullish Trend 5 days ago
88%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
69%
Bearish Trend 3 days ago
56%
Momentum
ODDS (%)
Bullish Trend 3 days ago
82%
Bullish Trend 3 days ago
80%
MACD
ODDS (%)
Bullish Trend 3 days ago
66%
Bullish Trend 3 days ago
75%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
74%
Bullish Trend 3 days ago
78%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
73%
Bullish Trend 3 days ago
76%
Advances
ODDS (%)
Bullish Trend 3 days ago
73%
Bullish Trend 3 days ago
75%
Declines
ODDS (%)
Bearish Trend 26 days ago
66%
Bearish Trend 13 days ago
55%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
57%
Bullish Trend 3 days ago
84%
Aroon
ODDS (%)
Bullish Trend 3 days ago
72%
N/A
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ADSK
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
CDNS
Daily Signalchanged days ago
Gain/Loss if shorted
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ADSK and

Correlation & Price change

A.I.dvisor indicates that over the last year, ADSK has been loosely correlated with CLSK. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if ADSK jumps, then CLSK could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ADSK
1D Price
Change %
ADSK100%
+1.43%
CLSK - ADSK
63%
Loosely correlated
+10.74%
COIN - ADSK
62%
Loosely correlated
+7.37%
PTC - ADSK
61%
Loosely correlated
+0.34%
CDNS - ADSK
59%
Loosely correlated
+0.62%
RIOT - ADSK
57%
Loosely correlated
+8.66%
More

CDNS and

Correlation & Price change

A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDNS jumps, then SNPS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CDNS
1D Price
Change %
CDNS100%
+0.62%
SNPS - CDNS
87%
Closely correlated
+1.28%
PDFS - CDNS
63%
Loosely correlated
+2.17%
MSFT - CDNS
61%
Loosely correlated
+0.12%
ADSK - CDNS
59%
Loosely correlated
+1.43%
PTC - CDNS
56%
Loosely correlated
+0.34%
More