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Compare · CDNS vs OKTA

CDNS vs OKTA

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

Summary

  • Both CDNS and OKTA operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • CDNS is the larger of the two at $103.76B, about 5.0x OKTA ($20.63B).
  • Over the past year, CDNS is up 24.8% and OKTA is up 17.3% - CDNS leads by 7.4 points.
  • CDNS has been more active in the news (12 items in the past 4 weeks vs 10 for OKTA).
  • Both have 25 recent analyst ratings on file.
PerformanceCDNS+24.75%OKTA+17.30%
2025-06-09+0.00%2026-06-05
MetricCDNSOKTA
Company
Cadence Design Systems Inc.
Okta Inc.
Price
$376.25-8.64%
$118.67-3.84%
Market cap
$103.76B
$20.63B
1M return
+6.03%
+53.16%
1Y return
+24.75%
+17.30%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NASDAQ
NASDAQ
IPO
2017
News (4w)
12
10
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.

OKTA

Okta Inc.

Okta, Inc. provides identity management platform for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products to manage and secure identities, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; and Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials. It also provides Adaptive Multi-Factor Authentication, a product that provides an additional layer of security for cloud, mobile, and Web applications, as well as for data; Lifecycle Management, which enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Advanced Server Access to secure cloud infrastructure; and Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications. In addition, the company offers customer support and training, and professional services. Okta, Inc. sells its products directly to customers through sales force, as well as through channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

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