Cadence Design Systems Inc vs Lucid Group Inc — how do they compare? Cadence Design Systems Inc trades at $326.99 (market cap $90.20B), while Lucid Group Inc trades at $6.69 (market cap $2.64B). The key difference: Cadence Design Systems Inc is far larger — about 34.2× Lucid Group Inc's market cap, and Cadence Design Systems Inc is trading nearer its 52-week high, Lucid Group Inc nearer its low. Which is the better fit depends on your goals.
| CDNS | LCID | |
|---|---|---|
Market Cap | $90.20B | $2.64B |
Sector | Technology | Consumer Cyclical |
52-Week High | $416.39 | $24.77 |
52-Week Low | $265.66 | $4.62 |
Enterprise Value | $91.41B | $5.54B |
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 →Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.
Read more on LCID →