Cadence Design Systems Inc vs Xcel Energy Inc — how do they compare? Cadence Design Systems Inc trades at $326.36 (market cap $90.20B), while Xcel Energy Inc trades at $77.66 (market cap $48.51B). The key difference: Cadence Design Systems Inc is the larger of the two by market cap, and Xcel Energy Inc pays a 3.05% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | XEL | |
|---|---|---|
Market Cap | $90.20B | $48.51B |
Sector | Technology | Utilities |
52-Week High | $416.39 | $83.91 |
52-Week Low | $265.66 | $71.75 |
Enterprise Value | $91.41B | $86.82B |
Dividend Yield | — | 3.05% |
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 →Xcel Energy manages utilities serving 3.7 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan
Read more on XEL →