Cadence Design Systems, Inc. (CDNS)
| Market Cap | 79.98B -3.0% |
| Revenue (ttm) | 5.21B +19.7% |
| Net Income | 1.06B +2.1% |
| EPS | 3.88 +2.1% |
| Shares Out | 272.20M |
| PE Ratio | 75.72 |
| Forward PE | 38.14 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 926,231 |
| Open | 295.09 |
| Previous Close | 296.36 |
| Day's Range | 291.76 - 296.34 |
| 52-Week Range | 221.56 - 376.45 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 372.71 (+26.85%) |
| Earnings Date | Feb 17, 2026 |
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 $372.71, which is an increase of 26.85% from the latest price.
News
Cadence Design Systems: Riding The AI Supercycle, But With Expectations At The Limit
Cadence Design Systems is well positioned for AI-driven EDA demand, boasting a record backlog, strong margins, and robust cash flow. CDNS trades at ~40x forward earnings, leaving little room for rerat...
Cadence Unveils Tensilica HiFi iQ DSP Purpose-Built for Next-Generation Voice AI and Audio Applications
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence's Tensilica HiFi iQ DSP IP is based on a new architecture purpose-built for next-gen voice AI and emerging immersive audio applications.
Cadence Delivers Enterprise-Level Reliability with Next-Gen Low-Power DRAM for AI Applications Featuring Microsoft RAIDDR ECC Technology
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence's LPDDR5X 9600Mbps memory IP system solution is designed specifically for enterprise and data center applications with high reliability.
Cadence Announces Fourth Quarter and Fiscal Year 2025 Financial Results Webcast
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) will hold its fourth quarter and fiscal year 2025 financial results webcast on Tuesday, February 17, 2026. Participating in the webcast will b...
Cadence Launches Partner Ecosystem to Accelerate Chiplet Time to Market
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #cadence--Cadence's new Chiplet Spec-to-Packaged Parts partner ecosystem reduces engineering complexity and accelerates time to market for chiplet developme...
Harbor Capital Appreciation Fund Q3 2025 Portfolio Review
Microsoft shares underperformed due to concerns about its relationship with OpenAI following the Oracle/OpenAI deal announcement. Vertex Pharmaceuticals lost value following disappointing clinical tri...
Cadence Design Systems, Inc. (CDNS) Presents at 53rd Annual Nasdaq Investor Conference Transcript
Cadence Design Systems, Inc. (CDNS) Presents at 53rd Annual Nasdaq Investor Conference Transcript
Cadence Design Systems, Inc. (CDNS) Presents at UBS Global Technology and AI Conference 2025 Transcript
Cadence Design Systems, Inc. (CDNS) Presents at UBS Global Technology and AI Conference 2025 Transcript
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.
Cadence to Present at UBS Global Technology and AI Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence to Present at UBS Global Technology and AI Conference.
Cadence Design Systems, Inc. (CDNS) Presents at Wells Fargo's 9th Annual TMT Summit Transcript
Cadence Design Systems, Inc. ( CDNS) Wells Fargo's 9th Annual TMT Summit November 18, 2025 11:45 AM EST Company Participants John Wall - Senior VP & CFO Matt Alter Conference Call Participants Joseph...
Cadence Appoints Luc Van den hove to Board of Directors
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced the appointment of Dr. Luc Van den hove to its board of directors, effective January 1, 2026.
Cadence to Present at Wells Fargo TMT Summit
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence to Present at Wells Fargo TMT Summit.
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.