Cadence Design Systems Inc vs Carvana Co — how do they compare? Cadence Design Systems Inc trades at $326.36 (market cap $91.41B), while Carvana Co trades at $71.99 (market cap $81.54B). The key difference: Cadence Design Systems Inc and Carvana Co are close in size by market cap. Which is the better fit depends on your goals.
| CDNS | CVNA | |
|---|---|---|
Market Cap | $91.41B | $81.54B |
Sector | Technology | Consumer Cyclical |
52-Week High | $416.39 | $95.69 |
52-Week Low | $265.66 | $56.27 |
Enterprise Value | $92.62B | $84.03B |
Trailing returns across standard periods
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 →Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage.
Read more on CVNA →