Cadence Design Systems Inc vs L3Harris Technologies Inc — how do they compare? Cadence Design Systems Inc trades at $379.23 (market cap $104.24B), while L3Harris Technologies Inc trades at $290 (market cap $53.78B). The key difference: Cadence Design Systems Inc is the larger of the two by market cap, and L3Harris Technologies Inc pays a 1.73% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | LHX | |
|---|---|---|
Market Cap | $104.24B | $53.78B |
Sector | Technology | Industrials |
52-Week High | $416.39 | $378.48 |
52-Week Low | $265.66 | $261.17 |
Enterprise Value | $105.91B | $64.55B |
Dividend Yield | — | 1.73% |
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 →L3Harris Technologies was created in 2019 from the merger of L3 Technologies and Harris, two defense contractors that provide products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) market. The firm also has smaller operations serving the civil government, particularly the Federal Aviation Administration's communication infrastructure, and produces various avionics for defense and commercial aviation.
Read more on LHX →