Cadence Design Systems, Inc. (LON: 0HS2)
Market Cap | 65.76B |
Revenue (ttm) | 3.25B |
Net Income (ttm) | 775.33M |
Shares Out | n/a |
EPS (ttm) | 2.83 |
PE Ratio | 84.82 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 664 |
Open | 295.88 |
Previous Close | 302.03 |
Day's Range | 295.50 - 305.78 |
52-Week Range | 194.44 - 320.78 |
Beta | n/a |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 10, 2025 |
About Cadence Design Systems
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including ... [Read more]
Financial Performance
In 2023, Cadence Design Systems's revenue was $4.09 billion, an increase of 14.83% compared to the previous year's $3.56 billion. Earnings were $1.04 billion, an increase of 22.64%.
Financial numbers in USD Financial StatementsNews
This software stock is making a great setup heading into 2025, according to the charts
Frank Cappelleri breaks down the charts on Cadence Design Systems.
Nvidia And 5 Other Stocks Are Analyst's Top Semiconductor Picks For 2025, Sees 2 AI Trends
The iShares Semiconductor ETF (NASDAQ: SOXX) had a rocky year. While semiconductors at large posted historic gains through 2024’s first half, they erased much of their gains in the late summer and fa...
Cadence Design Systems (CDNS) Appoints Moshe Gavrielov as New Board Director
Cadence Design Systems (CDNS) Appoints Moshe Gavrielov as New Board Director
Cadence Design Systems Inc (CDNS) Champions Inclusivity and Community Engagement
Cadence Design Systems Inc (CDNS) Champions Inclusivity and Community Engagement
Cadence Appoints Moshe Gavrielov to Board of Directors
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence appointed Moshe Gavrielov to its board of directors, effective January 1, 2025.
Here's How Much You Would Have Made Owning Cadence Design Sys Stock In The Last 15 Years
Cadence Design Sys (NASDAQ: CDNS) has outperformed the market over the past 15 years by 18.19% on an annualized basis producing an average annual return of 30.24%. Currently, Cadence Design Sys has a...
Cadence Design Systems Collaborates with Rapidus on 2nm Semiconductor Technology
Cadence Design Systems Collaborates with Rapidus on 2nm Semiconductor Technology
Cadence and Rapidus Collaborate on Leading-Edge 2nm Semiconductor Solutions for AI and HPC Applications
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence and Rapidus are collaborating to provide co-optimized AI-driven reference design flows and a broad IP portfolio for Rapidus' 2nm process.
Cadence Design Systems, Inc. (CDNS) 51st Annual NASDAQ Morgan Stanley Investor Conference (Transcript)
Cadence Design Systems, Inc. (NASDAQ:CDNS) 51st Annual NASDAQ Morgan Stanley Investor Conference December 10, 2024 4:00 AM ETCompany ParticipantsAnirudh...
10 fast-growing software stocks to watch in 2025, including the runaway Palantir
A deeper looks shows that despite the growth, some of the software stocks have gotten ahead of analysts' price targets.
Intel's New CEO Change Unlikely To Help Gain Traction Versus Taiwan Semi And Nvidia: Analysts
Intel Corp (NASDAQ: INTC) has reportedly narrowed its search for a new CEO . The list of potential candidates has now been whittled down to a few prominent figures, including former board member Lip-...
Intel Considers Outsiders for CEO, Including Marvell’s Head
Intel Corp.’s search for a new chief executive officer will focus heavily on outsiders, with the chipmaker considering candidates such as Marvell Technology Inc. head Matt Murphy and former Cadence De...
Space-Based Internet Gets A Boost: AST SpaceMobile And Cadence Collaborate On High-Bandwidth Satellite Chip
AST SpaceMobile, Inc. (NASDAQ: ASTS) disclosed a collaboration with Cadence Design Systems, Inc. (NASDAQ: CDNS) to support its mission of bridging global connectivity gaps . The partnership aims to ...
Pat Gelsinger's ‘critic’ may become Intel’s new CEO
Intel is searching for a new CEO after Pat Gelsinger's departure. Lip-Bu Tan, a former board member, is a potential candidate. Tan previously served as CEO of Cadence Design Systems. Intel's board is ...
Cadence Design Systems and AST SpaceMobile Collaborate to Revolutionize Space-Based Connectivity
Cadence Design Systems and AST SpaceMobile Collaborate to Revolutionize Space-Based Connectivity
Cadence Design Systems Inc (CDNS) to Participate in Nasdaq 51st Investor Conference
Cadence Design Systems Inc (CDNS) to Participate in Nasdaq 51st Investor Conference
Cadence's Anirudh Devgan to Present at Nasdaq Investor Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Anirudh Devgan to Present at Nasdaq Investor Conference.
Portugal: State Budget for 2025 approved as Socialist Party abstains
Only PSD and CDS, the two parties supporting the government, voted in favour. With the exception of PS, all opposition parties voted against.
Cadence Design Systems Inc (CDNS)'s Winning Formula: Financial Metrics and Competitive Strengths
Cadence Design Systems Inc (CDNS)'s Winning Formula: Financial Metrics and Competitive Strengths
Fortune and Great Place To Work® Name Cadence One of the World's Best Workplaces™ in 2024, Ranking No. 9
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #Cadence--Fortune Magazine and Great Place To Work® have honored Cadence once again in the Top 10 on its World's Best Workplaces™ 2024, ranking Cadence #9.
Cadence Design Systems: Initiating With A Buy On AI Strides
I'm initiating Cadence Design Systems stock with a buy for mid to long-term investors. Cadence should see better top-line growth in 2025 and 2026 on the back of AI adoption and the increased need for ...
Cadence Design Systems Tops S&P 500 After Strong Third Quarter
Shares of Cadence Design Systems (CDNS) shares climbed more than 12% on Tuesday to notch the top daily performance of any S&P 500 stock after the electronic design automation firm posted strong quarte...
These Analysts Revise Their Forecasts On Cadence Design Systems Following Q3 Results
Cadence Design Systems, Inc. CDNS reported better-than-expected third-quarter financial results on Monday.
Cadence Design Systems: Back To Potential
I rate Cadence a BUY due to its solid business model, strong growth prospects, and robust free cash flow supporting share buybacks. Recent 3Q24 results and 4Q24 guidance indicate a resurgence in deman...
Cadence Design Systems, Inc. (CDNS) Q3 2024 Earnings Call Transcript
Cadence Design Systems, Inc. (NASDAQ:CDNS) Q3 2024 Earnings Call Transcript October 28, 2024 5:00 PM ET Company Participants Richard Gu - VP of IR Anirudh Devgan - President and CEO John Wall - SVP a...