CDNS vs NOW

Cadence Design Systems and ServiceNow, both Technology

Cadence Design Systems is the larger company at $107B against $98B. On trailing earnings CDNS is the cheaper of the two at a P/E of 82.3 against 87.8, a gap that is only a bargain if the two are growing at similar rates. Over the past year CDNS returned -3.3% against -26% for NOW. The RyuScore puts CDNS ahead, 60 against 53 out of 100.

Cadence Design Systems and ServiceNow compared on valuation, return and the RyuScore
FigureCDNSNOW
Last close$353$141
Market cap$107B$98B
Trailing P/Elower is cheaper for the same earnings, not automatically better82.387.8
1-year return-3.3%-26%
5-year return+114%+10%
RyuScoresector-relative, 1–1060/10053/100

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Cadence Design Systems

Revenue of $1.5B in Q1 2026, net income $336M. Its largest reported line is Americas, 51% of the disclosed total.

ServiceNow

Revenue of $4.0B in Q2 2026, net income $298M. Its largest reported line is License And Service, 97% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or see the correlation.