Cadence Design Systems, Inc. (CDNS)
| Market Cap | 87.43B |
| Revenue (ttm) | 5.21B |
| Net Income (ttm) | 1.06B |
| Shares Out | 272.20M |
| EPS (ttm) | 3.88 |
| PE Ratio | 82.76 |
| Forward PE | 41.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 640,471 |
| Open | 324.49 |
| Previous Close | 324.45 |
| Day's Range | 319.19 - 326.61 |
| 52-Week Range | 221.56 - 376.45 |
| Beta | 1.04 |
| Analysts | Buy |
| Price Target | 370.21 (+15.26%) |
| Earnings Date | Oct 27, 2025 |
About CDNS
Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. It also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physica... [Read more]
Financial Performance
In 2024, Cadence Design Systems's revenue was $4.64 billion, an increase of 13.48% compared to the previous year's $4.09 billion. Earnings were $1.06 billion, an increase of 1.38%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for CDNS stock is "Buy." The 12-month stock price target is $370.21, which is an increase of 15.26% from the latest price.
News
Cadence Design Systems: Expensive But Worth It - Margins And AI Growth Justify Price
Cadence Design Systems is a market leader in AI and digital twin technology, driving strong demand across automotive, computing, and communications sectors. CDNS reported a robust FQ3 2025, with doubl...
Cadence Completes Acquisition of Secure-IC
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence has completed the acquisition of Secure-IC, a leader in embedded security IP, security solutions and security evaluation tools and services.
Cadence Design Systems: An Under-The-Radar AI Play
Cadence Design Systems is initiated at a buy rating, supported by robust demand, expanding margins, and strong AI-driven tailwinds. CDNS reported record backlog, accelerating profitability, and a clas...
These Analysts Raise Their Forecasts On Cadence Design Following Better-Than-Expected Earnings
Cadence Design Systems, Inc. (NASDAQ:CDNS) posted better-than-expected third-quarter earnings after Monday's closing bell.
Cadence Design Systems, Inc. (CDNS) Q3 2025 Earnings Call Transcript
Cadence Design Systems, Inc. (NASDAQ:CDNS) Q3 2025 Earnings Call October 27, 2025 5:00 PM EDT Company Participants Richard Gu - Vice President of Investor Relations Anirudh Devgan - CEO, President & ...
Cadence forecasts fourth-quarter profit below estimates as US-China trade tensions weigh
Cadence Design Systems forecast fourth-quarter profit just shy of market estimates on Monday, as Sino-U.S. trade tensions threaten to hurt demand for its chip design software from key market China.
Cadence Design Reports Q3 Earnings, Lowers FY25 EPS Guidance
Cadence Design Systems, Inc. (NASDAQ:CDNS) released its third-quarter earnings report after Monday's closing bell.
Cadence Reports Third Quarter 2025 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Reports Third Quarter 2025 Financial Results.
Trump Mulls Tech Export Crackdown On China: These 10 Stocks Are Sinking
A fresh wave of trade tension between the U.S. and China rocked Wall Street on midday Wednesday after President Donald Trump hinted at sweeping restrictions on technology exports powered by American s...
Cadence Announces Third Quarter 2025 Financial Results Webcast
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence (Nasdaq: CDNS) will hold its third quarter 2025 financial results webcast on Monday, October 27, 2025.
Cadence Unveils AI-Driven ROCS X AI-Enabled Molecular Search, Unlocking Multi-trillion Molecule Virtual Screening
BOSTON--(BUSINESS WIRE)--Cadence Molecular Sciences announced ROCS X, an AI-enabled virtual screening solution that conducts 3D searches of trillions of drug-like molecules.
Cadence Partners with TSMC to Power Next-Generation Innovations Using AI Flows and IP for TSMC Advanced Nodes and 3DFabric
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced major advancements in chip design and IP, driven by its long-standing relationship with TSMC, for AI and HPC customer applications.
Cadence Design Systems: Picks, Shovels, And More For Modern Tech
Many who sold picks and shovels to mid-1800s gold miners made a lot more money than did their customers. As we know, many of the latter fared badly. We can speak similarly about AI. Many who sell pick...
Cadence Design Systems, Inc. (CDNS) Presents At Goldman Sachs Communacopia + Technology Conference (Transcript)
Cadence Design Systems, Inc. (NASDAQ:CDNS) Goldman Sachs Communacopia + Technology Conference September 9, 2025 4:45 PM EDT Company Participants Anirudh Devgan - CEO, President & Director Conference ...
Cadence Expands Digital Twin Platform Library with NVIDIA DGX SuperPOD Model to Accelerate AI Data Center Deployment and Operations
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced an expansion of its Reality Digital Twin Platform library with a digital twin of NVIDIA DGX SuperPOD with DGX GB200 systems.
Cadence Design to buy Hexagon's design and engineering unit for $3.16 billion
Cadence Design said on Thursday it will buy the design and engineering business of Stockholm-based Hexagon AB for 2.7 billion euros ($3.16 billion), to expand its customer base and scale up its produc...
Cadence to Acquire Hexagon's Design & Engineering Business, Accelerating Expansion in Physical AI and System Design and Analysis
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) today announced it has entered into a definitive agreement to acquire the Design & Engineering (“D&E”) business of Hexagon AB, which includes ...
Cadence to Present at Goldman Sachs Communacopia + Technology Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence to Present at Goldman Sachs Communacopia + Technology Conference.
Cadence Completes Acquisition of Arm Artisan Foundation IP Business
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced that it has completed the previously announced acquisition of the Arm Artisan foundation IP business.
Cadence Design Systems: Growth Outlook Remains Robust
I maintain my buy rating on CDNS as hardware upgrades, AI scaling, and new partnerships are driving robust demand and expanding TAM. The hardware upgrade cycle is in full swing, with record revenue an...
Cadence to Present at Deutsche Bank Technology Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence to Present at Deutsche Bank Technology Conference.
Cadence Accelerates Development of Billion-Gate AI Designs with Innovative Power Analysis Technology Built on NVIDIA
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced a significant leap forward in the power analysis of pre-silicon designs through its close collaboration with NVIDIA.
Mach42™ Unveils Breakthrough AI Solution for Analog Circuit Analysis
Advancing IP Reuse with an AI-powered Companion to SPICE Simulation Key Highlights The Mach42 platform enables rapid validation of design performance across varying spec conditions, supporting efficie...
Cadence Design Systems Delivers Beat-And-Raise Quarter Despite US Export Bans
Shares of Cadence Design Systems Inc CDNS rallied in early trading on Tuesday, after the company Monday reported upbeat second-quarter earnings.
These Analysts Boost Their Forecasts On Cadence Design Systems Following Upbeat Q2 Earnings
Cadence Design Systems Inc CDNS reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS and revenue guidance on Monday.