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Compare · CDNS vs SHOP

CDNS vs SHOP

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

Summary

  • Both CDNS and SHOP operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • SHOP is the larger of the two at $109.55B, about 1.1x CDNS ($103.76B).
  • Over the past year, CDNS is up 24.8% and SHOP is up 1.7% - CDNS leads by 23.1 points.
  • CDNS has been more active in the news (12 items in the past 4 weeks vs 4 for SHOP).
  • Both have 25 recent analyst ratings on file.
PerformanceCDNS+24.75%SHOP+1.66%
2025-06-09+0.00%2026-06-05
MetricCDNSSHOP
Company
Cadence Design Systems Inc.
Shopify Inc.
Price
$376.25-8.64%
$109.56-5.60%
Market cap
$103.76B
$109.55B
1M return
+6.03%
+3.93%
1Y return
+24.75%
+1.66%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NASDAQ
NYSE
IPO
News (4w)
12
4
Recent ratings
25
25
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.

SHOP

Shopify Inc.

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company's platform provides merchants to run their business in various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, and access financing. It also sells custom themes and apps, and registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

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