CDNS vs SNPS
Both headquartered in Silicon Valley, SNPS and CDNS provide products and services that are essential to the development and testing of microchips and other computing solutions. They both provide emulation tools for virtually designing and testing new products and systems before they go into production. Both in a strong position to grow with the Internet of Things and other innovations, such as self-driving cars and products using AI. They also provide hardware and software solutions that can splice together various kinds of codecs and libraries. For developers and manufacturers of semiconductors, the software made available to them by these companies are an integral part of their daily lives, and the revenue they get from established clients reveals their health and longevity. The recent infrastructure-bolstering government spending legislation has aims to increase incentives for innovation and development in the semiconductor industry domestically, which should keep SNPS and CDNS growing and profitable.
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).
CDNS’s FA Score shows that 1 FA rating(s) are green whileSNPS’s FA Score has 1 green FA rating(s).
- CDNS’s FA Score: 1 green, 4 red.
- SNPS’s FA Score: 1 green, 4 red.
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.
CDNS’s TA Score shows that 6 TA indicator(s) are bullish while SNPS’s TA Score has 6 bullish TA indicator(s).
- CDNS’s TA Score: 6 bullish, 3 bearish.
- SNPS’s TA Score: 6 bullish, 4 bearish.
Price Growth
CDNS (@Packaged Software) experienced а -3.83% price change this week, while SNPS (@Packaged Software) price change was -7.27% for the same time period.
The average weekly price growth across all stocks in the @Packaged Software industry was -1.01%. For the same industry, the average monthly price growth was +2.04%, and the average quarterly price growth was +3.33%.
Reported Earning Dates
CDNS is expected to report earnings on Feb 25, 2025.
SNPS is expected to report earnings on Feb 19, 2025.
Industries' Descriptions
@Packaged Software (-1.01% 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.
| CDNS | SNPS | CDNS / SNPS | |
| Capitalization | 85.1B | 88B | 97% |
| EBITDA | 1.46B | 1.74B | 84% |
| Gain YTD | 6.366 | 1.134 | 561% |
| P/E Ratio | 81.70 | 63.66 | 128% |
| Revenue | 4.09B | 6.13B | 67% |
| Total Cash | 1.14B | 1.27B | 89% |
| Total Debt | 764M | 670M | 114% |
CDNS | SNPS | ||
|---|---|---|---|
OUTLOOK RATING 1..100 | 29 | 88 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 83 Overvalued | 78 Overvalued | |
PROFIT vs RISK RATING 1..100 | 7 | 10 | |
SMR RATING 1..100 | 37 | 42 | |
PRICE GROWTH RATING 1..100 | 34 | 56 | |
P/E GROWTH RATING 1..100 | 65 | 89 | |
SEASONALITY SCORE 1..100 | 50 | 50 |
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.
SNPS's Valuation (78) in the Packaged Software industry is in the same range as CDNS (83) in the Electronic Production Equipment industry. This means that SNPS’s stock grew similarly to CDNS’s over the last 12 months.
CDNS's Profit vs Risk Rating (7) in the Electronic Production Equipment industry is in the same range as SNPS (10) in the Packaged Software industry. This means that CDNS’s stock grew similarly to SNPS’s over the last 12 months.
CDNS's SMR Rating (37) in the Electronic Production Equipment industry is in the same range as SNPS (42) in the Packaged Software industry. This means that CDNS’s stock grew similarly to SNPS’s over the last 12 months.
CDNS's Price Growth Rating (34) in the Electronic Production Equipment industry is in the same range as SNPS (56) in the Packaged Software industry. This means that CDNS’s stock grew similarly to SNPS’s over the last 12 months.
CDNS's P/E Growth Rating (65) in the Electronic Production Equipment industry is in the same range as SNPS (89) in the Packaged Software industry. This means that CDNS’s stock grew similarly to SNPS’s over the last 12 months.
| CDNS | SNPS | |
|---|---|---|
| RSI ODDS (%) | 3 days ago 46% | 3 days ago 51% |
| Stochastic ODDS (%) | 3 days ago 61% | 3 days ago 57% |
| Momentum ODDS (%) | 3 days ago 77% | 3 days ago 77% |
| MACD ODDS (%) | 3 days ago 75% | 3 days ago 71% |
| TrendWeek ODDS (%) | 3 days ago 56% | 3 days ago 55% |
| TrendMonth ODDS (%) | 3 days ago 76% | 3 days ago 75% |
| Advances ODDS (%) | 11 days ago 75% | 11 days ago 76% |
| Declines ODDS (%) | 3 days ago 55% | 3 days ago 53% |
| BollingerBands ODDS (%) | N/A | 3 days ago 58% |
| Aroon ODDS (%) | 3 days ago 77% | 3 days ago 72% |
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 86% 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.
| Ticker / NAME | Correlation To CDNS | 1D Price Change % | ||
|---|---|---|---|---|
| CDNS | 100% | -4.40% | ||
| SNPS - CDNS | 86% Closely correlated | -5.03% | ||
| PDFS - CDNS | 62% Loosely correlated | -3.57% | ||
| MSFT - CDNS | 61% Loosely correlated | -2.79% | ||
| ADSK - CDNS | 55% Loosely correlated | -2.45% | ||
| PTC - CDNS | 54% Loosely correlated | -0.58% | ||
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SNPS and
Correlation & Price change
A.I.dvisor indicates that over the last year, SNPS has been closely correlated with CDNS. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if SNPS jumps, then CDNS could also see price increases.
| Ticker / NAME | Correlation To SNPS | 1D Price Change % | ||
|---|---|---|---|---|
| SNPS | 100% | -5.03% | ||
| CDNS - SNPS | 86% Closely correlated | -4.40% | ||
| PDFS - SNPS | 64% Loosely correlated | -3.57% | ||
| MSFT - SNPS | 62% Loosely correlated | -2.79% | ||
| INTU - SNPS | 56% Loosely correlated | -1.84% | ||
| CLSK - SNPS | 55% Loosely correlated | +0.36% | ||
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