Cadence Design Systems Inc vs Workday Inc — how do they compare? Cadence Design Systems Inc trades at $326.5 (market cap $90.20B), while Workday Inc trades at $178.05 (market cap $44.77B). The key difference: Cadence Design Systems Inc is far larger — about 2× Workday Inc's market cap. Which is the better fit depends on your goals.
| CDNS | WDAY | |
|---|---|---|
Market Cap | $90.20B | $44.77B |
Sector | Technology | Technology |
52-Week High | $416.39 | $247.69 |
52-Week Low | $265.66 | $112.55 |
Enterprise Value | $91.41B | $44.22B |
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 →Workday is a software company that offers human capital management, or HCM, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 12,000 employees.
Read more on WDAY →