Join

Compare · CDNS vs MGIC

CDNS vs MGIC

Side-by-side comparison of Cadence Design Systems Inc. (CDNS) and Magic Software Enterprises Ltd. (MGIC): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both CDNS and MGIC operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • CDNS is the larger of the two at $107.82B, about 117.4x MGIC ($918.2M).
  • Over the past year, CDNS is up 26.1% and MGIC is up 8.1% - CDNS leads by 18.0 points.
  • CDNS has hit the wire 13 times in the past 4 weeks while MGIC has been quiet.
  • CDNS has more recent analyst coverage (25 ratings vs 1 for MGIC).
PerformanceCDNS+10.06%MGIC+8.07%
2025-09-26+0.00%2026-06-10
MetricCDNSMGIC
Company
Cadence Design Systems Inc.
Magic Software Enterprises Ltd.
Price
$385.31-1.46%
$17.41-10.63%
Market cap
$107.82B
$918.2M
1M return
+5.79%
-32.43%
1Y return
+26.10%
+8.07%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NASDAQ
NASDAQ
IPO
1991
News (4w)
13
0
Recent ratings
25
1
CDNS

Cadence Design Systems Inc.

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design products, including Genus logic synthesis and RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, including place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products consisting of pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to verify the correct interaction with dozens of design IP interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. Cadence Design Systems, Inc. was incorporated in 1988 and is headquartered in San Jose, California.

MGIC

Magic Software Enterprises Ltd.

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; Magic xpc, a hybrid integration platform as a service; Magic SmartUX, a mobile development application platform; and FactoryEye for virtualization of production data. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution, a packaged software solution for managing air cargo ground handling; HR Pulse, a customized single-tenant software as a service tool; and MBS Solution, a proprietary system for managing TV broadcast management. In addition, the company provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, and industrial sectors; and public institutions and international agencies. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.

Latest CDNS

Latest MGIC