Logo image of CDNS

CADENCE DESIGN SYS INC (CDNS) Stock Price, Quote, News and Overview

NASDAQ:CDNS - Nasdaq - US1273871087 - Common Stock - Currency: USD

293.33  +0.8 (+0.27%)

After market: 293.33 0 (0%)

CDNS Quote, Performance and Key Statistics

CADENCE DESIGN SYS INC

NASDAQ:CDNS (6/3/2025, 8:00:02 PM)

After market: 293.33 0 (0%)

293.33

+0.8 (+0.27%)

Sector
GICS SectorInformation Technology
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustryApplication Software
Statistics
52 Week High328.99
52 Week Low221.56
Market Cap80.09B
Shares273.04M
Float272.11M
Yearly DividendN/A
Dividend YieldN/A
PE46.05
Fwd PE37.02
Earnings (Next)07-21 2025-07-21/amc
IPO06-01 1988-06-01


CDNS short term performance overview.The bars show the price performance of CDNS in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 -5 10 15 20

CDNS long term performance overview.The bars show the price performance of CDNS in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 20 40 60 80

The current stock price of CDNS is 293.33 USD. In the past month the price decreased by -5.02%. In the past year, price decreased by -0.37%.

CADENCE DESIGN SYS INC / CDNS Daily stock chart

CDNS Competitors/Peers

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SNPS SYNOPSYS INC 34.46 72.09B
WDAY WORKDAY INC-CLASS A 32.24 67.05B
ADSK AUTODESK INC 33.65 64.08B
ROP ROPER TECHNOLOGIES INC 30.38 61.06B
TEAM ATLASSIAN CORP-CL A 62.76 55.36B

About CDNS

Company Profile

CDNS logo image 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

CDNS Company Website

CDNS Investor Relations

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 293.33 USD. The price increased by 0.27% 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 323.87 USD. This implies a price increase of 10.41% is expected in the next year compared to the current price of 293.33. 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 80.09B 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 289.4 and a resistance level at 321.57. 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 12.42% 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:


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 46.05. This is based on the reported non-GAAP earnings per share of 6.37 and the current share price of 293.33 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 1.5% 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 is one of the better performing stocks in the market, outperforming 76.27% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

CDNS Fundamental Analysis

ChartMill assigns a fundamental rating of 7 / 10 to CDNS. Both the health and profitability get an excellent rating, making CDNS a very profitable company, without any liquidiy or solvency issues.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

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 RankSector Rank
PM (TTM) 22.19%
ROA 12%
ROE 22.64%
Debt/Equity 0.52
Chartmill High Growth Momentum
EPS Q2Q%34.19%
Sales Q2Q%23.12%
EPS 1Y (TTM)26.64%
Revenue 1Y (TTM)19.55%

CDNS Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 81% 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 16.11% and a revenue growth 12.42% for CDNS


Ownership
Inst Owners91.7%
Ins Owners0.16%
Short Float %1.5%
Short Ratio1.75
Analysts
Analysts80.71
Price Target323.87 (10.41%)
EPS Next Y16.11%
Revenue Next Year12.42%