BB vs. CDNS
Compare and contrast key facts about BlackBerry Limited (BB) and Cadence Design Systems, Inc. (CDNS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BB or CDNS.
Correlation
The correlation between BB and CDNS is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BB vs. CDNS - Performance Comparison
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Key characteristics
BB:
0.44
CDNS:
0.17
BB:
1.27
CDNS:
0.56
BB:
1.15
CDNS:
1.07
BB:
0.32
CDNS:
0.26
BB:
1.12
CDNS:
0.52
BB:
28.50%
CDNS:
14.61%
BB:
63.63%
CDNS:
41.67%
BB:
-98.57%
CDNS:
-93.13%
BB:
-97.42%
CDNS:
-6.35%
Fundamentals
BB:
$2.27B
CDNS:
$84.09B
BB:
-$0.01
CDNS:
$3.94
BB:
4.25
CDNS:
17.13
BB:
3.05
CDNS:
17.61
BB:
$575.86M
CDNS:
$4.87B
BB:
$395.87M
CDNS:
$4.56B
BB:
$15.21M
CDNS:
$1.64B
Returns By Period
In the year-to-date period, BB achieves a 0.79% return, which is significantly lower than CDNS's 1.77% return. Over the past 10 years, BB has underperformed CDNS with an annualized return of -9.46%, while CDNS has yielded a comparatively higher 32.14% annualized return.
BB
0.79%
21.34%
64.22%
31.38%
-3.63%
-9.46%
CDNS
1.77%
20.38%
1.50%
6.37%
29.91%
32.14%
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Risk-Adjusted Performance
BB vs. CDNS — Risk-Adjusted Performance Rank
BB
CDNS
BB vs. CDNS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackBerry Limited (BB) and Cadence Design Systems, Inc. (CDNS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
BB vs. CDNS - Dividend Comparison
Neither BB nor CDNS has paid dividends to shareholders.
Drawdowns
BB vs. CDNS - Drawdown Comparison
The maximum BB drawdown since its inception was -98.57%, which is greater than CDNS's maximum drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for BB and CDNS. For additional features, visit the drawdowns tool.
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Volatility
BB vs. CDNS - Volatility Comparison
The current volatility for BlackBerry Limited (BB) is 9.63%, while Cadence Design Systems, Inc. (CDNS) has a volatility of 11.80%. This indicates that BB experiences smaller price fluctuations and is considered to be less risky than CDNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
BB vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between BlackBerry Limited and Cadence Design Systems, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BB vs. CDNS - Profitability Comparison
BB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, BlackBerry Limited reported a gross profit of 105.90M and revenue of 143.90M. Therefore, the gross margin over that period was 73.6%.
CDNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Cadence Design Systems, Inc. reported a gross profit of 1.19B and revenue of 1.24B. Therefore, the gross margin over that period was 95.9%.
BB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, BlackBerry Limited reported an operating income of -6.20M and revenue of 143.90M, resulting in an operating margin of -4.3%.
CDNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Cadence Design Systems, Inc. reported an operating income of 361.52M and revenue of 1.24B, resulting in an operating margin of 29.1%.
BB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, BlackBerry Limited reported a net income of -7.00M and revenue of 143.90M, resulting in a net margin of -4.9%.
CDNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Cadence Design Systems, Inc. reported a net income of 273.58M and revenue of 1.24B, resulting in a net margin of 22.0%.