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Compare · CDNS vs ESTC

CDNS vs ESTC

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

Summary

  • Both CDNS and ESTC operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • CDNS is the larger of the two at $103.76B, about 16.2x ESTC ($6.40B).
  • Over the past year, CDNS is up 24.8% and ESTC is down 28.0% - CDNS leads by 52.8 points.
  • CDNS has been more active in the news (12 items in the past 4 weeks vs 4 for ESTC).
  • Both have 25 recent analyst ratings on file.
PerformanceCDNS+24.75%ESTC-28.03%
2025-06-09+0.00%2026-06-05
MetricCDNSESTC
Company
Cadence Design Systems Inc.
Elastic N.V.
Price
$376.25-8.64%
$61.77-5.17%
Market cap
$103.76B
$6.40B
1M return
+6.03%
+25.74%
1Y return
+24.75%
-28.03%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NASDAQ
NYSE
IPO
2018
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.

ESTC

Elastic N.V.

Elastic N.V., a search company, delivers technology that enables users to search through structured and unstructured data for a range of consumer and enterprise applications. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as perform search, analysis, and visualization. The company's Elastic Stack product comprises Elasticsearch, a distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; Elastic Agent that includes integrated host protection and central management services; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems. It also provides software solutions on the Elastic Stack that address cases, including app search, site search, workplace search, logging, metrics, application performance management, business analytics, and security analytics. Its products are used by individual developers and organizations of a range of industries. Elastic N.V. has a strategic partnership with Confluent, Inc. to enhance existing product integrations and jointly develop new capabilities that helps users to combine the benefits of the Elastic Stack and Kafka. The company was incorporated in 2012 and is headquartered in Mountain View, California.

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