Cadence Design Systems Inc vs Moderna, Inc. — how do they compare? Cadence Design Systems Inc trades at $326.5 (market cap $90.20B), while Moderna, Inc. trades at $60.5 (market cap $24.18B). The key difference: Cadence Design Systems Inc is far larger — about 3.7× Moderna, Inc.'s market cap, and Moderna, Inc. is trading nearer its 52-week high, Cadence Design Systems Inc nearer its low. Which is the better fit depends on your goals.
| CDNS | MRNA | |
|---|---|---|
Market Cap | $90.20B | $24.18B |
Sector | Technology | Health |
52-Week High | $416.39 | $81.80 |
52-Week Low | $265.66 | $22.36 |
Enterprise Value | $91.41B | $20.33B |
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 →Moderna, Inc. operates as a clinical stage biotechnology company. The Company focuses on the discovery and development of messenger RNA (mRNA) therapeutics and vaccines. Moderna develops mRNA medicines for infectious, immuno-oncology, and cardiovascular diseases.
Read more on MRNA →