Cadence Design Systems Inc vs KeyCorp — how do they compare? Cadence Design Systems Inc trades at $326.51 (market cap $90.20B), while KeyCorp trades at $22.7 (market cap $24.32B). The key difference: Cadence Design Systems Inc is far larger — about 3.7× KeyCorp's market cap, and KeyCorp pays a 3.61% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | KEY | |
|---|---|---|
Market Cap | $90.20B | $24.32B |
Sector | Technology | Financials |
52-Week High | $416.39 | $23.99 |
52-Week Low | $265.66 | $16.78 |
Enterprise Value | $91.41B | — |
Dividend Yield | — | 3.61% |
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 →With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
Read more on KEY →