Cadence Design Systems, Inc. (CDNS)
| Market Cap | 95.93B |
| Revenue (ttm) | 5.09B |
| Net Income (ttm) | 1.01B |
| Shares Out | 272.49M |
| EPS (ttm) | 3.70 |
| PE Ratio | 95.14 |
| Forward PE | 47.62 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,362,982 |
| Open | 356.43 |
| Previous Close | 354.33 |
| Day's Range | 351.50 - 357.59 |
| 52-Week Range | 221.56 - 376.45 |
| Beta | 0.97 |
| Analysts | Strong Buy |
| Price Target | 360.33 (+2.35%) |
| Earnings Date | Jul 28, 2025 |
About BLUE
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 numbers in CAD Financial StatementsAnalyst Summary
According to 15 analysts, the average rating for CDNS stock is "Strong Buy." The 12-month stock price target is $360.33, which is an increase of 2.35% from the latest price.
News
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...
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
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.
Wall Street Breakfast Podcast: Chart Industries Soars On Takeover Talk
Baker Hughes is reportedly nearing a $13.6B cash deal to acquire Chart Industries, offering a 22% premium and boosting its energy tech portfolio. Cadence Design Systems will pay $140M for violating ex...
Cadence Design Systems, Inc. (CDNS) Q2 2025 Earnings Call Transcript
Cadence Design Systems, Inc. (NASDAQ:CDNS) Q2 2025 Earnings Conference Call July 28, 2025 5:00 PM ET Company Participants Anirudh Devgan - CEO, President & Director John M. Wall - Senior VP & CFO Ric...
Cadence Design Systems Pleads Guilty to Export Violation, Will Pay $140.6 Million in Settlement
The company will pay $140.6 million to settle claims that it illegally exported products to China. Separately, Cadence posted higher revenue in the second quarter and boosted its full-year earnings ou...
Chip design software provider Cadence raises annual sales forecast
Cadence Design Systems raised its sales forecast for the year on Monday, after the U.S. lifted export curbs on chip design software to China earlier this month, allowing the company to resume sales to...
Cadence Reports Second Quarter 2025 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Reports Second Quarter 2025 Financial Results.
Cadence Design Systems: The EDA Beat Is On
Cadence is a leader in EDA and is increasingly focused on digital and AI applications and implementations. Excellent design, simulation and verification functionality, locked-in customers and strategi...
Cadence Introduces Industry-First LPDDR6/5X 14.4Gbps Memory IP to Power Next-Generation AI Infrastructure
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--The new Cadence LPDDR6/5X memory IP is a key enabler for scaling up the AI infrastructure to accommodate growing memory bandwidth and capacity demand...
Stock Of The Day: Breakout Time For Cadence Design?
Cadence Design Systems, Inc. CDNS shares are lower Monday. They have found resistance around $325 again.
Aston Martin to Proximus: 10 companies to watch for Q3 2025
In a business landscape defined by rapid tech shifts, evolving consumer habits, and mounting regulatory pressure, investors are looking beyond short-term gains and watching for companies that are acti...
Cadence Announces Second Quarter 2025 Financial Results Webcast
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence (Nasdaq: CDNS) will hold its second quarter 2025 financial results webcast on Monday, July 28, 2025.
These chip-design software stocks are climbing after a U.S.-China trade deal
Siemens, Synopsys and Cadence said the U.S. has lifted export controls restricting sales and business in China.
Synopsys, Cadence rally as Washington rolls back China chip restrictions
The United States has eased restrictions on the export of semiconductor design software to China, a move that provided a notable boost to shares of leading electronic design automation (EDA) firms on ...
Cadence says restoring software access in China after US lifts export curbs
Cadence Design Systems said on Thursday the U.S. had lifted export restrictions on chip design software for China and that it was in the process of restoring access to software and technology to affec...
Cadence Accelerates SoC, 3D-IC and Chiplet Design for AI Data Centers, Automotive and Connectivity in Collaboration with Samsung Foundry
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence's expanded collaboration with Samsung Foundry includes a new multi-year IP agreement and joint development on the latest SF2P process node.
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...