Both in Packaged Software
Snowflake vs Cadence Design Systems
Over the past year SNOW returned +6.7% and CDNS returned −3.7%; their daily moves had a correlation of 0.38.
SNOW +6.7% CDNS −3.7%Growth of $1, one year, split-adjusted
| Metric | SNOW | CDNS |
|---|---|---|
| Price | $295.68 | $323.01 |
| Market cap | $104.32B | $88.63B |
| Today | +1.72% | −1.97% |
| 1 month | −12.8% | −8.6% |
| 6 months | +108.7% | −8.7% |
| Year to date | +34.8% | +3.3% |
| 1 year | +7.6% | −4.6% |
| Revenue growth (YoY) | +35.1% | +22.0% |
| Gross margin | 67.0% | 85.6% |
| Net margin | −12.4% | 17.7% |
| P/E (TTM) | — | 64.2× |
| Price / sales | 19.2× | 14.5× |
| Net cash | $60.7M | -$1.18B |
| Dividend yield | — | — |
| Volatility (60d) | 55.1% | 41.3% |
| Short % of float | 5.4% | 2.0% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).