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Compare · ASAN vs CDNS

ASAN vs CDNS

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

Summary

  • Both ASAN and CDNS operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • CDNS is the larger of the two at $103.76B, about 57.4x ASAN ($1.81B).
  • Over the past year, ASAN is down 46.4% and CDNS is up 24.8% - CDNS leads by 71.1 points.
  • CDNS has been more active in the news (12 items in the past 4 weeks vs 7 for ASAN).
  • Both have 25 recent analyst ratings on file.
PerformanceASAN-46.36%CDNS+24.75%
2025-06-09+0.00%2026-06-05
MetricASANCDNS
Company
Asana Inc.
Cadence Design Systems Inc.
Price
$7.85-2.73%
$376.25-8.64%
Market cap
$1.81B
$103.76B
1M return
+15.02%
+6.03%
1Y return
-46.36%
+24.75%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NYSE
NASDAQ
IPO
2020
News (4w)
7
12
Recent ratings
25
25
ASAN

Asana Inc.

Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. It provides a work management platform as software as service that enables individuals and teams to get work done faster while enhancing employee engagement by allowing everyone to see how their work connects to the mission of an organization. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

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.

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