Cadence Design Systems Inc vs LYFT Inc — how do they compare? Cadence Design Systems Inc trades at $326.36 (market cap $90.20B), while LYFT Inc trades at $17.5 (market cap $6.64B). The key difference: Cadence Design Systems Inc is far larger — about 13.6× LYFT Inc's market cap. Which is the better fit depends on your goals.
| CDNS | LYFT | |
|---|---|---|
Market Cap | $90.20B | $6.64B |
Sector | Technology | Industrials |
52-Week High | $416.39 | $24.57 |
52-Week Low | $265.66 | $12.65 |
Enterprise Value | $91.41B | $6.11B |
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 →Lyft is the second-largest ride-sharing service provider in the U.S., connecting riders and drivers over the Lyft app. Lyft recently entered the Canadian market in an effort to expand its market outside the U.S. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Read more on LYFT →