Cadence Design Systems Inc vs IONQ Inc — how do they compare? Cadence Design Systems Inc trades at $326.36 (market cap $90.20B), while IONQ Inc trades at $43.98 (market cap $17.60B). The key difference: Cadence Design Systems Inc is far larger — about 5.1× IONQ Inc's market cap. Which is the better fit depends on your goals.
| CDNS | IONQ | |
|---|---|---|
Market Cap | $90.20B | $17.60B |
Sector | Technology | Technology |
52-Week High | $416.39 | $82.09 |
52-Week Low | $265.66 | $26.59 |
Enterprise Value | $91.41B | $15.53B |
Trailing returns across standard periods
Latest headlines on both assets
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 →IonQ is a leader in quantum computing, developing world-class quantum systems. Its technology aims to solve complex problems across finance, healthcare, and materials science that are beyond classical computers.
Read more on IONQ →