CADENCE DESIGN SYS INC (CDNS) Stock Price, Quote, News and Overview
NASDAQ:CDNS - Nasdaq - US1273871087 - Common Stock - Currency: USD
CDNS Quote, Performance and Key Statistics
296.8
+3.24 (+1.1%)
The current stock price of CDNS is 296.8 USD. In the past month the price decreased by -7.29%. In the past year, price decreased by -4.61%.
CDNS Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| SAP | SAP SE-SPONSORED ADR | 49.76 | 346.55B | ||
| PLTR | PALANTIR TECHNOLOGIES INC-A | 311.37 | 338.01B | ||
| CRM | SALESFORCE INC | 26.25 | 260.18B | ||
| INTU | INTUIT INC | 39 | 211.73B | ||
| ADBE | ADOBE INC | 19.51 | 162.95B | ||
| APP | APPLOVIN CORP-CLASS A | 57.39 | 118.26B | ||
| MSTR | MICROSTRATEGY INC-CL A | 396.86 | 103.08B | ||
| SNPS | SYNOPSYS INC | 35.4 | 74.06B | ||
| ADSK | AUTODESK INC | 34.18 | 65.08B | ||
| WDAY | WORKDAY INC-CLASS A | 30.7 | 63.86B | ||
| ROP | ROPER TECHNOLOGIES INC | 30.55 | 61.40B | ||
| TEAM | ATLASSIAN CORP-CL A | 59.72 | 52.68B |
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About CDNS
Company Profile
Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 12,700 full-time employees. The firm applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
Company Info
CADENCE DESIGN SYS INC
2655 Seely Avenue Bldg 5
San Jose CALIFORNIA 95134 US
CEO: Lip-Bu Tan
Employees: 12700
Phone: 14089431234
CADENCE DESIGN SYS INC / CDNS FAQ
What is the stock price of CADENCE DESIGN SYS INC today?
The current stock price of CDNS is 296.8 USD. The price increased by 1.1% in the last trading session.
What is the ticker symbol for CADENCE DESIGN SYS INC stock?
The exchange symbol of CADENCE DESIGN SYS INC is CDNS and it is listed on the Nasdaq exchange.
On which exchange is CDNS stock listed?
CDNS stock is listed on the Nasdaq exchange.
What is the price forecast or stock price prediction for CADENCE DESIGN SYS INC stock?
28 analysts have analysed CDNS and the average price target is 329.39 USD. This implies a price increase of 10.98% is expected in the next year compared to the current price of 296.8. Check the CADENCE DESIGN SYS INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.
What is CADENCE DESIGN SYS INC worth?
CADENCE DESIGN SYS INC (CDNS) has a market capitalization of 81.04B USD. This makes CDNS a Large Cap stock.
How many employees does CADENCE DESIGN SYS INC have?
CADENCE DESIGN SYS INC (CDNS) currently has 12700 employees.
What are the support and resistance levels for CADENCE DESIGN SYS INC (CDNS) stock?
CADENCE DESIGN SYS INC (CDNS) has a support level at 287.06 and a resistance level at 295.6. Check the full technical report for a detailed analysis of CDNS support and resistance levels.
Is CADENCE DESIGN SYS INC (CDNS) expected to grow?
The Revenue of CADENCE DESIGN SYS INC (CDNS) is expected to grow by 11.89% in the next year. Check the estimates tab for more information on the CDNS EPS, Sales, EBIT and EBITDA future analyst estimates.
Should I buy CADENCE DESIGN SYS INC (CDNS) stock?
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
- The Technical Analysis (TA) tab contains a technical analysis of CDNS, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of CDNS, evaluating the profitability, health, valuation and growth aspects
- CADENCE DESIGN SYS INC (CDNS) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- CADENCE DESIGN SYS INC (CDNS) Sales and EPS estimates to see what analysts future expectations are.
- CADENCE DESIGN SYS INC (CDNS) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- CADENCE DESIGN SYS INC (CDNS) Insider and Institutional Ownership to learn about the owners and their transactions.
- CADENCE DESIGN SYS INC (CDNS) Stock Chart to make your own analysis
- CADENCE DESIGN SYS INC (CDNS) Latest news and press-releases to stay up to date.
Does CADENCE DESIGN SYS INC (CDNS) stock pay dividends?
CDNS does not pay a dividend.
When does CADENCE DESIGN SYS INC (CDNS) report earnings?
CADENCE DESIGN SYS INC (CDNS) will report earnings on 2025-07-21, after the market close.
What is the Price/Earnings (PE) ratio of CADENCE DESIGN SYS INC (CDNS)?
The PE ratio for CADENCE DESIGN SYS INC (CDNS) is 46.59. This is based on the reported non-GAAP earnings per share of 6.37 and the current share price of 296.8 USD. Check the full fundamental report for a full analysis of the valuation metrics for CDNS.
What is the Short Interest ratio of CADENCE DESIGN SYS INC (CDNS) stock?
The outstanding short interest for CADENCE DESIGN SYS INC (CDNS) is 1.34% of its float. Check the ownership tab for more information on the CDNS short interest.
CDNS Technical Analysis
ChartMill assigns a technical rating of 4 / 10 to CDNS. When comparing the yearly performance of all stocks, CDNS turns out to be only a medium performer in the overall market: it outperformed 56.4% of all stocks.
CDNS Fundamental Analysis
ChartMill assigns a fundamental rating of 7 / 10 to CDNS. CDNS scores excellent points on both the profitability and health parts. This is a solid base for a good stock.
CDNS Financial Highlights
Over the last trailing twelve months CDNS reported a non-GAAP Earnings per Share(EPS) of 6.37. The EPS increased by 26.64% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 22.19% | ||
| ROA | 12% | ||
| ROE | 22.64% | ||
| Debt/Equity | 0.52 |
CDNS Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 80% to CDNS. The Buy consensus is the average rating of analysts ratings from 28 analysts.
For the next year, analysts expect an EPS growth of 15.94% and a revenue growth 11.89% for CDNS