Cadence Design Systems, Inc. (CDNS)

US — Technology Sector
Peers: MSTR  SNPS  SNOW  ADSK  WDAY  NTES  RBLX  GLW  MSI  DELL 

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Key Metrics & Ratings

  • symbol CDNS
  • Rev/Share 19.224
  • Book/Share 19.1738
  • PB 16.5565
  • Debt/Equity 0.4768
  • CurrentRatio 3.0479
  • ROIC 0.1313

 

  • MktCap 86410207450.0
  • FreeCF/Share 5.4531
  • PFCF 58.44
  • PE 81.1313
  • Debt/Assets 0.2583
  • DivYield 0
  • ROE 0.2159

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 3
  • P/B Score 1
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade CDNS Oppenheimer Underperform Perform -- -- Dec. 1, 2025
Initiation CDNS Citigroup -- Buy -- $385 Nov. 24, 2025
Initiation CDNS BNP Paribas Exane -- Outperform -- $400 Oct. 2, 2025
Downgrade CDNS Piper Sandler Overweight Neutral -- $355 July 29, 2025
Initiation CDNS Goldman -- Buy -- $380 July 10, 2025
Upgrade CDNS JP Morgan Neutral Overweight -- $325 April 24, 2025
Initiation CDNS Redburn Atlantic -- Buy -- $350 Jan. 13, 2025
Initiation CDNS Mizuho -- Outperform -- $325 Oct. 22, 2024
Initiation CDNS Berenberg -- Buy -- $320 Oct. 15, 2024
Initiation CDNS Oppenheimer -- Underperform -- $225 Sept. 25, 2024

News

Is CDNS Worth Adding Despite Breakeven Returns in the Past Six Months?
CDNS
Published: January 16, 2026 by: Zacks Investment Research
Sentiment: Neutral

Cadence has stalled for more than six months, but AI-driven EDA growth, rising cash flows and a $7B backlog suggest fundamentals are strong.

Read More
image for news Is CDNS Worth Adding Despite Breakeven Returns in the Past Six Months?
Cadence & Microsoft Redefine Data Center Memory With Advanced Solutions
CDNS, MSFT
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Positive

CDNS unveils the first LPDDR5X 9600Mbps enterprise memory IP with Microsoft, bringing DDR5-class reliability to low-power data center AI.

Read More
image for news Cadence & Microsoft Redefine Data Center Memory With Advanced Solutions
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
CDNS
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
CDNS Boosts Physical AI With Spec-to-Packaged Chiplet Ecosystem
CDNS
Published: January 07, 2026 by: Zacks Investment Research
Sentiment: Positive

Cadence unveils a spec-driven chiplet ecosystem with Arm and Samsung Foundry, aiming to cut integration risk and speed AI, data center and HPC designs.

Read More
image for news CDNS Boosts Physical AI With Spec-to-Packaged Chiplet Ecosystem
Cadence Announces Fourth Quarter and Fiscal Year 2025 Financial Results Webcast
CDNS
Published: January 07, 2026 by: Business Wire
Sentiment: Neutral

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 be Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer. The webcast will begin Tuesday, February 17, 2026, at 2:00 p.m. Pacific Time. An archive of the webcast will be available online from 5:00 p.m. Pacific Time on February 17,.

Read More
image for news Cadence Announces Fourth Quarter and Fiscal Year 2025 Financial Results Webcast
Top Robotics Stocks That Could Drive Impressive Returns in 2026
CDNS, ISRG, NVDA, PATH
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Positive

Robotics is poised for steady growth in 2026. Consider PATH, NVDA, CDNS and ISRG for potential market dominance across sectors.

Read More
image for news Top Robotics Stocks That Could Drive Impressive Returns in 2026
S&P 500 Continues Its Stellar Run to Open New Year: 4 Solid Picks
ADI, AMZN, APP, CDNS
Published: January 05, 2026 by: Zacks Investment Research
Sentiment: Positive

After a tech-driven 2025, the S&P 500 opens higher, with AMZN, ADI, APP and CDNS standing out as solid picks for the year ahead.

Read More
image for news S&P 500 Continues Its Stellar Run to Open New Year: 4 Solid Picks
Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
CDNS
Published: December 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
Cadence's Free Cash Flow Continues to Power M&A, Buybacks
CDNS
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS is using the free cash flow to fuel disciplined M&A and steady buybacks amid a competitive EDA landscape.

Read More
image for news Cadence's Free Cash Flow Continues to Power M&A, Buybacks
Should You Invest in Cadence (CDNS) Based on Bullish Wall Street Views?
CDNS
Published: December 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Read More
image for news Should You Invest in Cadence (CDNS) Based on Bullish Wall Street Views?
Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know
CDNS
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
CDNS
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
CDNS
Published: November 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
Cadence Appoints Luc Van den hove to Board of Directors
CDNS
Published: November 17, 2025 by: Business Wire
Sentiment: Neutral

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced the appointment of Dr. Luc Van den hove to its board of directors, effective January 1, 2026.

Read More
image for news Cadence Appoints Luc Van den hove to Board of Directors
Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know
CDNS
Published: November 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know
Cadence Q3 Earnings Top on Upbeat AI Trends, Backlog Remains Robust
CDNS
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS' third-quarter earnings beat estimates as AI-fueled demand and record $7 billion backlog drive strong growth momentum.

Read More
image for news Cadence Q3 Earnings Top on Upbeat AI Trends, Backlog Remains Robust
Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock
CDNS
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Positive

Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock
Unlocking Cadence (CDNS) International Revenues: Trends, Surprises, and Prospects
CDNS
Published: October 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Evaluate Cadence's (CDNS) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

Read More
image for news Unlocking Cadence (CDNS) International Revenues: Trends, Surprises, and Prospects
Cadence Q3 Earnings & Revenues Surpass Estimates, Both Rise Y/Y
CDNS
Published: October 28, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS' strong third-quarter results and upgraded 2025 outlook highlight growing AI-driven demand and solid momentum across EDA and system design segments.

Read More
image for news Cadence Q3 Earnings & Revenues Surpass Estimates, Both Rise Y/Y
Cadence Design to Report Q3 Earnings: Is a Beat in Store?
CDNS
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS is set to post third-quarter results on Oct. 27, with AI-driven design demand and strong backlog fueling optimism.

Read More
image for news Cadence Design to Report Q3 Earnings: Is a Beat in Store?
Will Cadence (CDNS) Beat Estimates Again in Its Next Earnings Report?
CDNS
Published: October 23, 2025 by: Zacks Investment Research
Sentiment: Positive

Cadence (CDNS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Read More
image for news Will Cadence (CDNS) Beat Estimates Again in Its Next Earnings Report?
Curious about Cadence (CDNS) Q3 Performance? Explore Wall Street Estimates for Key Metrics
CDNS
Published: October 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Cadence (CDNS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2025.

Read More
image for news Curious about Cadence (CDNS) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Will Cadence's M&A Strategy Reinforce Its Position in the EDA Space?
CDNS
Published: October 20, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS' inorganic expansion approach has played a pivotal part in developing its business in the last few years.

Read More
image for news Will Cadence's M&A Strategy Reinforce Its Position in the EDA Space?
Is It Worth Investing in Cadence (CDNS) Based on Wall Street's Bullish Views?
CDNS
Published: October 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Read More
image for news Is It Worth Investing in Cadence (CDNS) Based on Wall Street's Bullish Views?
Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now?
CDNS
Published: October 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now?
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
CDNS
Published: October 06, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
Cadence (CDNS) Upgraded to Buy: Here's What You Should Know
CDNS
Published: October 03, 2025 by: Zacks Investment Research
Sentiment: Positive

Cadence (CDNS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Read More
image for news Cadence (CDNS) Upgraded to Buy: Here's What You Should Know
Can Cadence's Strong Free Cash Flow Keep Fueling Shareholder Returns?
CDNS
Published: October 01, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS posts strong free cash flow and rising revenues, fueling robust buybacks as AI and semiconductor demand drive growth.

Read More
image for news Can Cadence's Strong Free Cash Flow Keep Fueling Shareholder Returns?
Cadence and TSMC Extend Partnership to Drive Next-Generation Innovation
CDNS, TSM
Published: October 01, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS deepens its TSMC alliance with AI-driven design, 3D-IC advances, new IP and key acquisitions to power next-gen chips.

Read More
image for news Cadence and TSMC Extend Partnership to Drive Next-Generation Innovation
Must-Watch Robotics Stocks That Could Drive Future Growth Trends
AMD, CDNS, NVDA, PATH
Published: September 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Robotics is poised for robust long-term growth. Watch PATH, CDNS, NVDA and AMD for potential market dominance across sectors.

Read More
image for news Must-Watch Robotics Stocks That Could Drive Future Growth Trends

About Cadence Design Systems, Inc. (CDNS)

  • IPO Date 1987-06-10
  • Website https://www.cadence.com
  • Industry Software - Application
  • CEO Anirudh Devgan
  • Employees 12837

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 Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.