Cadence Design Systems Inc vs Spotify Technology — how do they compare? Cadence Design Systems Inc trades at $326.66 (market cap $91.41B), while Spotify Technology trades at $501.85 (market cap $105.22B). The key difference: Spotify Technology is the larger of the two by market cap, and Cadence Design Systems Inc is trading nearer its 52-week high, Spotify Technology nearer its low. Which is the better fit depends on your goals.
| CDNS | SPOT | |
|---|---|---|
Market Cap | $91.41B | $105.22B |
Sector | Technology | Media |
52-Week High | $416.39 | $738.53 |
52-Week Low | $265.66 | $412.75 |
Enterprise Value | $92.62B | $94.91B |
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 →Spotify Technology S.A. provides music streaming services. The Company offers commercial-free music and ad-supported services to subscribers. Spotify Technology serves clients worldwide.
Read more on SPOT →