Cadence Design Systemsvs.Synopsys
CDNS vs SNPS · both in Semiconductor equipment & IP, part of the AI & digital infrastructure value chain: The machines and chip IP advanced semiconductor manufacturing cannot do without.
Cadence Design Systems and Synopsys are similar in size by market cap; Cadence Design Systems trades at the lower P/E (64.7 vs 101.7); year to date, Cadence Design Systems leads (+1.1% vs −16.0%).
Side by side
| CDNS | SNPS | |
|---|---|---|
| Market cap | $89.2B | $78.6B |
| Price | $331.90 | $408.79 |
| Today | +5.1% | +3.6% |
| Return YTD | +1.1% | −16.0% |
| Return 1Y | −9.6% | −35.0% |
| P/E | 64.7 | 101.7 |
| P/S | 15.3 | 9.1 |
| P/B | 13.0 | 2.6 |
Data as of 2026-08-26 · updates daily after U.S. close
The two companies
Cadence Design SystemsCDNS
Ranks second in EDA behind Synopsys: design and verification software, licensable IP blocks, plus simulation that reaches past the chip to the whole system.
Full CDNS profile →SynopsysSNPS
Chips are designed and verified in Synopsys' EDA software, and much of the reusable silicon IP inside them is licensed from Synopsys too. With Cadence it forms a duopoly.
Full SNPS profile →More CDNS & SNPS comparisons
Other head-to-heads in the Semiconductor equipment & IP segment.