Cadence Design Systems, Inc. (LON: 0HS2)

London flag London · Delayed Price · Currency is GBP · Price in USD
302.67
+0.64 (0.21%)
Dec 20, 2024, 7:14 PM BST
10.07%
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]

Industry Software - Services
Sector Technology
Founded 1987
Employees 11,200
Stock Exchange London Stock Exchange
Ticker Symbol 0HS2
Full Company Profile

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 Statements

News

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.

4 days ago - CNBC

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...

6 days ago - Benzinga

Cadence Design Systems (CDNS) Appoints Moshe Gavrielov as New Board Director

Cadence Design Systems (CDNS) Appoints Moshe Gavrielov as New Board Director

9 days ago - GuruFocus

Cadence Design Systems Inc (CDNS) Champions Inclusivity and Community Engagement

Cadence Design Systems Inc (CDNS) Champions Inclusivity and Community Engagement

9 days ago - GuruFocus

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.

10 days ago - Business Wire

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...

10 days ago - Benzinga

Cadence Design Systems Collaborates with Rapidus on 2nm Semiconductor Technology

Cadence Design Systems Collaborates with Rapidus on 2nm Semiconductor Technology

12 days ago - GuruFocus

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.

12 days ago - Business Wire

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...

12 days ago - Seeking Alpha

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.

16 days ago - Market Watch

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-...

19 days ago - Benzinga

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...

19 days ago - BNN Bloomberg

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 ...

19 days ago - Benzinga

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 ...

19 days ago - The Times of India

Cadence Design Systems and AST SpaceMobile Collaborate to Revolutionize Space-Based Connectivity

Cadence Design Systems and AST SpaceMobile Collaborate to Revolutionize Space-Based Connectivity

20 days ago - GuruFocus

Cadence Design Systems Inc (CDNS) to Participate in Nasdaq 51st Investor Conference

Cadence Design Systems Inc (CDNS) to Participate in Nasdaq 51st Investor Conference

20 days ago - GuruFocus

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.

20 days ago - Business Wire

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.

23 days ago - Euronews

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

4 weeks ago - GuruFocus

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.

5 weeks ago - Business Wire

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 ...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Investopedia

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.

7 weeks ago - Benzinga

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha