Cadence Design Systems, Inc. (CDNS)
| Market Cap | 81.91B |
| Revenue (ttm) | 4.87B |
| Net Income (ttm) | 1.08B |
| Shares Out | 273.04M |
| EPS (ttm) | 3.94 |
| PE Ratio | 76.14 |
| Forward PE | 43.71 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,185,795 |
| Open | 302.00 |
| Previous Close | 307.85 |
| Day's Range | 299.62 - 305.30 |
| 52-Week Range | 221.56 - 328.99 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 325.62 (+8.54%) |
| Earnings Date | Jul 21, 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 Forecast
According to 13 analysts, the average rating for CDNS stock is "Buy." The 12-month stock price forecast is $325.62, which is an increase of 8.54% from the latest price.
News
Cadence Design Systems: Where Next-Gen Chips Begin Their Journey
Cadence Design Systems is a mission-critical enabler of next-gen industries, boasting high recurring revenues, robust client retention, and an AI-driven product portfolio. The company's oligopolistic ...
Cadence Design Systems: Strong Moat And Multiple Growth Drivers
I rate CDNS a buy due to strong secular tailwinds, a widening moat, and robust execution fueling early-stage growth. CDNS's mission-critical EDA tools, AI-powered Cerebrus platform, and NVIDIA partner...
Cadence Advances Design and Engineering for Europe's Manufacturers on NVIDIA Industrial AI Cloud
PARIS--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence is providing optimized solutions for the world's first industrial AI cloud in collaboration with NVIDIA.
Trump Orders Chip Designers to Stop Selling to China: Report
Shares of semiconductor software design companies Cadence and Synopsys were falling hard on the news.
Trump tells US chip designers to stop selling to China, FT reports
President Donald Trump's administration has ordered U.S. firms that offer software used to design semiconductors to stop selling their services to Chinese groups, the Financial Times reported on Wedne...
Chip software stocks sink on report Trump ordered halt to China sales
Cadence and Synopsys saw their shares move lower on a Financial Times report saying a division of the U.S. Commerce Department told them to stop selling to organizations in China.
These 2 ‘overvalued' US tech stocks could rip higher in the second half of 2025
US stocks have been in a sharp uptrend ever since President Trump announced a 90-day truce with China that significantly trims reciprocal tariffs the two nations had imposed on each other's items. The...
Cramer's Stop Trading: Cadence Design
Jim Cramer breaks down why he's keeping an eye on shares of Cadence Design.
Cadence Design Systems, Inc. (CDNS) 20th Annual Needham Technology, Media, & Consumer Conference (Transcript)
Cadence Design Systems, Inc. (NASDAQ:CDNS) 20th Annual Needham Technology, Media, & Consumer Conference May 12, 2025 1:30 PM ET Company Participants Nimish Modi - Senior Vice President & General Mana...
Cadence Accelerates Physical AI Applications with Tensilica NeuroEdge 130 AI Co-Processor
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--The Cadence Tensilica NeuroEdge 130 AI Co-Processor complements any NPU to enable end-to-end execution of the latest agentic and physical AI networks...
Cadence unveils new Nvidia-based supercomputer as it pushes into engineering, biotech software
Cadence Design Systems unveiled on Wednesday a new supercomputer based on chips from Nvidia that will speed up its software offerings for everything from designing chips to jets to new drugs.
Cadence Unveils Millennium M2000 Supercomputer with NVIDIA Blackwell Systems to Transform AI-Driven Silicon, Systems and Drug Design
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $CDNS #cadence--The new Cadence Millennium M2000 Supercomputer featuring NVIDIA Blackwell systems delivers AI-accelerated simulation at unmatched speed and sca...
Cadence Design's Q1: Backlog Capitulation
Cadence Design Systems reported strong Q1 FY25 earnings, with revenue growth over 20%, driven by Core EDA and robust IP business momentum. AI, chiplet-based designs, and foundry ecosystem expansions a...
Cadence Expands Design IP Portfolio Optimized for Intel 18A and Intel 18A-P Technologies, Advancing AI, HPC and Mobility Applications
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #cdns--Cadence expanded its design IP portfolio optimized for Intel 18A/18A-P technologies and announced EDA tool certification on the latest Intel 18A PDK.
Cadence Design Systems, Inc. (CDNS) Q1 2025 Earnings Call Transcript
Cadence Design Systems, Inc. (NASDAQ:CDNS) Q1 2025 Earnings Conference Call April 28, 2025 5:00 PM ET Company Participants Richard Gu - VP of IR Anirudh Devgan - President and CEO John Wall - SVP and...
Chip design software maker Cadence raises annual forecasts on steady AI demand
Cadence Design Systems raised its forecasts for annual revenue and profit on Monday, betting on resilient demand for its chip design software from semiconductor makers looking to boost production to c...
Cadence Reports First Quarter 2025 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Reports First Quarter 2025 Financial Results.
Cadence Design Systems: Gaining Ground To Synopsys
Cadence Design Systems has a strong product portfolio, robust R&D investment, and market share gains despite Synopsys' lead. Cadence's market share rose to 35.1% in 2024, narrowing the gap with Synops...
Cadence and TSMC Advance AI and 3D-IC Chip Design with Certified Design Solutions for TSMC's A16 and N2P Process Technologies
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence furthered its longstanding collaboration with TSMC to accelerate time to silicon for 3D-IC and advanced-node technologies.
Cadence Advances AI in the Cloud with Industry-First DDR5 12.8Gbps MRDIMM Gen2 Memory IP System Solution
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence announced the industry's first DDR5 12.8Gbps MRDIMM Gen2 memory IP system solution on the TSMC N3 process, addressing AI processing demands.
Cadence Enables Next-Gen AI and HPC Systems with Industry's Fastest HBM4 12.8Gbps IP Memory System Solution
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence's HBM4 12.8Gbps memory IP solution meets the high memory bandwidth needs of SoCs targeting next-gen AI training and HPC hardware systems.
These Semiconductor Stocks To Face Least Tariffs Impact Compared To Intel
The first-quarter semiconductor earnings parade kicks off with ASML Holding ASML on Wednesday and Taiwan Semiconductor Manufacturing Co TSM on Thursday, followed by the U.S. semi and semicap peers in ...
Cadence to Acquire Arm Artisan Foundation IP Business
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence entered into a definitive agreement with Arm to acquire Arm's Artisan foundation IP business.
21 stocks that Wall Street analysts now think are bargains in this year's worst-performing sector
Investors have had quite a wake-up call to daily volatility in the stock market. As we saw on Monday, the broad indexes can shift to large gains and then back into deep red territory as rumors circula...
Cadence Announces First Quarter 2025 Financial Results Webcast
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence (Nasdaq: CDNS) will hold its first quarter 2025 financial results webcast on Monday, April 28, 2025.