CDNS vs NOVT: fair value comparison
Cadence Design Systems, Inc. and Novanta Inc. · Updated 2026-09-13
Both currently screen as undervalued on TickrTrends' Forward Fair Value model. Within Technology, CDNS currently sits closer to the top of our discount ranking.
| CDNS | NOVT | |
|---|---|---|
| Verdict | Undervalued | Undervalued |
| Last price | $289.37 | $143.67 |
| 12-month range | $280.19–$414.16 | $100.82–$163.70 |
| Sector rank | #70 of 201 Technology | #75 of 201 Technology |
| Quality grade | A | A |
| Leverage | Low | Low |
| Margin trend | Expanding | Stable |
| Revenue growth | Strong | Modest |
| RSI zone | Neutral | Neutral |
| 50/200-day trend | Mixed | Mixed |
| DCF cross-check | Overvalued | — |
| 52-week position | The bottom quarter | The upper-middle quarter |
Full single-stock breakdowns: CDNS fair value analysis · NOVT fair value analysis