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Compare · CDNS vs PTC

CDNS vs PTC

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

Summary

  • Both CDNS and PTC operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • CDNS is the larger of the two at $103.76B, about 6.6x PTC ($15.82B).
  • Over the past year, CDNS is up 30.7% and PTC is down 18.9% - CDNS leads by 49.5 points.
  • CDNS has been more active in the news (12 items in the past 4 weeks vs 3 for PTC).
  • CDNS has more recent analyst coverage (25 ratings vs 23 for PTC).
PerformanceCDNS+30.65%PTC-18.87%
2025-06-09+0.00%2026-06-08
MetricCDNSPTC
Company
Cadence Design Systems Inc.
PTC Inc.
Price
$393.73+4.64%
$138.08+0.78%
Market cap
$103.76B
$15.82B
1M return
+10.43%
-6.49%
1Y return
+30.65%
-18.87%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NASDAQ
NASDAQ
IPO
News (4w)
12
3
Recent ratings
25
23
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.

PTC

PTC Inc.

PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Software Products and Professional Services. It offers ThingWorx, an IIoT platform that enables customers to address digital transformation of their operations, products, and services; ThingWorx Solution Central, a centralized portal in the cloud that allows users of ThingWorx to discover, deploy, and manage ThingWorx applications; and ThingWorx Kepware, which enables users to connect, manage, monitor, and control disparate devices and software applications. The company also provides Vuforia Studio, a cloud-based tool that enables industrial enterprises to author and publish augmented reality (AR) experiences; Vuforia Expert Capture that chronicles the real-time movements of a person wearing an AR headset; Vuforia Engine technology for application development; Vuforia Chalk, a collaboration and remote assistance solution; and Vuforia Spatial Toolbox technology to accelerate the development of spatial computing prototypes and use cases. In addition, it offers Onshape, a cloud-native multi-tenant platform that unites computer-aided design with data management, collaboration tools, and real-time analytics; Creo, a suite of product design software, which provides capabilities for design, real-time simulation, additive manufacturing, design flexibility, advanced assembly design, piping and cabling design, advanced surfacing, virtual prototyping, and other design functions; and Windchill, a product lifecycle management software. Further, the company provides Integrity, an application lifecycle management solution; Servigistics, service parts management solution; and consulting, implementation, training, cloud, and license and support services. The company was formerly known as Parametric Technology Corporation and changed its name to PTC Inc. in January 2013. PTC Inc. was founded in 1985 and is headquartered in Boston, Massachusetts.

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