Asana Inc. vs Cadence Design Systems Inc — how do they compare? Asana Inc. trades at $9.11 (market cap $2.13B), while Cadence Design Systems Inc trades at $326.36 (market cap $90.20B). The key difference: Cadence Design Systems Inc is far larger — about 42.3× Asana Inc.'s market cap. Which is the better fit depends on your goals.
| ASAN | CDNS | |
|---|---|---|
Market Cap | $2.13B | $90.20B |
Sector | Consumer Cyclical | Technology |
52-Week High | $15.19 | $416.39 |
52-Week Low | $5.46 | $265.66 |
Enterprise Value | $1.96B | $91.41B |
Trailing returns across standard periods
Asana Inc is a software company. The company provides a platform for work management that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives. It helps plan marketing campaigns, streamlines processes, manages sales, and manage product launches. Also, the company provides project management and workflow management solutions.
Read more on ASAN →Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Read more on CDNS →