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Compare · CDNS vs SPSC

CDNS vs SPSC

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

Summary

  • Both CDNS and SPSC operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • CDNS is the larger of the two at $108.74B, about 53.6x SPSC ($2.03B).
  • Over the past year, CDNS is up 30.7% and SPSC is down 60.8% - CDNS leads by 91.5 points.
  • CDNS has been more active in the news (13 items in the past 4 weeks vs 11 for SPSC).
  • Both have 25 recent analyst ratings on file.
PerformanceCDNS+30.73%SPSC-60.77%
2025-06-09+0.00%2026-06-08
MetricCDNSSPSC
Company
Cadence Design Systems Inc.
SPS Commerce Inc.
Price
$398.65+5.95%
$55.23-0.36%
Market cap
$108.74B
$2.03B
1M return
+10.49%
-3.47%
1Y return
+30.73%
-60.77%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NASDAQ
NASDAQ
IPO
2010
News (4w)
13
11
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.

SPSC

SPS Commerce Inc.

SPS Commerce, Inc. provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill orders, administer sell-through performance, and source new items. The company offers Fulfillment solution that provides fulfillment automation and replaces or augments an organization's existing staff and trading partner electronic communication infrastructure by enabling easy compliance with retailers' rulebooks, automatic, and digital exchange of information among numerous trading partners through various protocols, and greater visibility into the journey of an order; and Analytics solution, which consists of data analytics applications that enables customers to enhance their visibility across their supply chains through greater analytics capabilities. It also offers various peripheral solutions, such as assortment solution, which enables accurate order management and rapid fulfillment; and community solution that accelerates vendor onboarding and ensures trading partner adoption of new supply chain requirements. The company sells its solutions through retailer, supplier, and other sales representatives to small- to mid-sized suppliers, as well as retailers, distributors, third-party logistics providers, and other trading partners. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

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