Cadence Design Systems, Inc. (CDNS)

US — Technology Sector
Peers: WDAY  CRM  INTU  SNOW  TEAM  ZM  NOW  PAYC  DDOG  TTD  U  ADSK 

Automate Your Wheel Strategy on CDNS

With Tiblio's Option Bot, you can configure your own wheel strategy including CDNS - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol CDNS
  • Rev/Share 17.9228
  • Book/Share 17.5615
  • PB 16.2002
  • Debt/Equity 0.5186
  • CurrentRatio 3.0736
  • ROIC 0.1422

 

  • MktCap 77680449000.0
  • FreeCF/Share 5.0679
  • PFCF 56.3581
  • PE 71.5507
  • Debt/Assets 0.2748
  • DivYield 0
  • ROE 0.2202

 

  • 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 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

Cadence Design Systems (CDNS) is a Top-Ranked Growth Stock: Should You Buy?
CDNS
Published: May 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Read More
image for news Cadence Design Systems (CDNS) is a Top-Ranked Growth Stock: Should You Buy?
Is Most-Watched Stock Cadence Design Systems, Inc. (CDNS) Worth Betting on Now?
CDNS
Published: May 30, 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 Is Most-Watched Stock Cadence Design Systems, Inc. (CDNS) Worth Betting on Now?
Why Is Cadence (CDNS) Up 6.9% Since Last Earnings Report?
CDNS
Published: May 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Cadence (CDNS) reported earnings 30 days ago. What's next for the stock?

Read More
image for news Why Is Cadence (CDNS) Up 6.9% Since Last Earnings Report?
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
CDNS
Published: May 19, 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
Cramer's Stop Trading: Cadence Design
CDNS
Published: May 16, 2025 by: CNBC Television
Sentiment: Neutral

Jim Cramer breaks down why he's keeping an eye on shares of Cadence Design.

Read More
image for news Cramer's Stop Trading: Cadence Design
Cadence unveils new Nvidia-based supercomputer as it pushes into engineering, biotech software
NVDA, CDNS
Published: May 07, 2025 by: Reuters
Sentiment: Positive

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.

Read More
image for news Cadence unveils new Nvidia-based supercomputer as it pushes into engineering, biotech software
Cadence Unveils Millennium M2000 Supercomputer with NVIDIA Blackwell Systems to Transform AI-Driven Silicon, Systems and Drug Design
CDNS
Published: May 07, 2025 by: Business Wire
Sentiment: Neutral

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 scale.

Read More
image for news Cadence Unveils Millennium M2000 Supercomputer with NVIDIA Blackwell Systems to Transform AI-Driven Silicon, Systems and Drug Design
Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
CDNS
Published: May 06, 2025 by: Zacks Investment Research
Sentiment: Positive

Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
Cadence Design's Q1: Backlog Capitulation
CDNS
Published: May 01, 2025 by: Seeking Alpha
Sentiment: Neutral

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 are key tailwinds, with significant partnerships like Nvidia and Intel bolstering growth prospects. Despite strong performance, the stock is rated Hold due to its current valuation at ~44x CY25 EPS estimates, suggesting limited upside potential.

Read More
image for news Cadence Design's Q1: Backlog Capitulation
Why Cadence Design Systems Stock Is Jumping Today
CDNS
Published: April 29, 2025 by: The Motley Fool
Sentiment: Positive

Cadence Design Systems (CDNS 5.50%) stock is moving higher in Tuesday's trading following the company's first-quarter report. The tech specialist's share price was up 5.1% as of 2:15 p.m.

Read More
image for news Why Cadence Design Systems Stock Is Jumping Today
Wall Street Analysts Think Cadence (CDNS) Is a Good Investment: Is It?
CDNS
Published: April 22, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Read More
image for news Wall Street Analysts Think Cadence (CDNS) Is a Good Investment: Is It?
Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know
CDNS
Published: April 22, 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 Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know
Cadence Advances AI in the Cloud with Industry-First DDR5 12.8Gbps MRDIMM Gen2 Memory IP System Solution
CDNS
Published: April 21, 2025 by: Business Wire
Sentiment: Neutral

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.

Read More
image for news Cadence Advances AI in the Cloud with Industry-First DDR5 12.8Gbps MRDIMM Gen2 Memory IP System Solution
Cadence to Acquire Arm's Artisan IP Business to Boost IP Portfolio
CDNS
Published: April 17, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS will acquire Arm's Artisan IP to boost its IP portfolio with advanced standard cells, memory compilers, GPIOs and embedded security from Secure-IC.

Read More
image for news Cadence to Acquire Arm's Artisan IP Business to Boost IP Portfolio
Cadence to Acquire Arm Artisan Foundation IP Business
CDNS
Published: April 16, 2025 by: Business Wire
Sentiment: Neutral

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence entered into a definitive agreement with Arm to acquire Arm's Artisan foundation IP business.

Read More
image for news Cadence to Acquire Arm Artisan Foundation IP Business
Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock
CDNS
Published: April 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock
21 stocks that Wall Street analysts now think are bargains in this year's worst-performing sector
ACN, ANET, AVGO, CDNS, CRM, CRWD, DELL, FSLR, JBL, MSFT, MSI, MU, NOW, NVDA, NXPI, SNPS, TDY, TRMB, WDAY, WDC
Published: April 08, 2025 by: Market Watch
Sentiment: Positive

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 circulate.

Read More
image for news 21 stocks that Wall Street analysts now think are bargains in this year's worst-performing sector
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
CDNS, VZ
Published: April 03, 2025 by: Zacks Investment Research
Sentiment: Positive

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Read More
image for news These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
Will Cadence (CDNS) Beat Estimates Again in Its Next Earnings Report?
CDNS
Published: April 02, 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?
Cadence Focuses on Acquisitions to Supplement Organic Growth
CDNS
Published: March 31, 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 Cadence Focuses on Acquisitions to Supplement Organic Growth
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
CDNS
Published: March 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 Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
Cadence Stock Plunges 10% YTD: How Should You Play the Stock?
CDNS
Published: March 26, 2025 by: Zacks Investment Research
Sentiment: Neutral

CDNS' robust portfolio amid increasing design activity is promising, but external risks warrant caution. Investors should wait for a better entry point.

Read More
image for news Cadence Stock Plunges 10% YTD: How Should You Play the Stock?
Cadence & NVIDIA Expand Collaboration to Power AI Innovations
CDNS, NVDA
Published: March 19, 2025 by: Zacks Investment Research
Sentiment: Positive

With NVDA's latest Blackwell architecture, CDNS aims to drive significant advancements in engineering, scientific simulations and AI-powered design processes.

Read More
image for news Cadence & NVIDIA Expand Collaboration to Power AI Innovations
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
CDNS
Published: March 18, 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's Anirudh Devgan to Present at Morgan Stanley Conference
CDNS
Published: February 25, 2025 by: Business Wire
Sentiment: Neutral

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Anirudh Devgan to Present at Morgan Stanley Conference.

Read More
image for news Cadence's Anirudh Devgan to Present at Morgan Stanley Conference
Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
CDNS
Published: February 24, 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: Long Term Outlook Still Strong Despite Double-Digit Drop
CDNS
Published: February 24, 2025 by: MarketBeat
Sentiment: Neutral

As of the Feb. 20 close, shares of semiconductor staple Cadence Design Systems NASDAQ: CDNS have fallen significantly in 2025. The stock's 10% drop is largely due to its Q4 earnings release that revealed disappointing guidance for 2025.

Read More
image for news Cadence: Long Term Outlook Still Strong Despite Double-Digit Drop
Should You Buy, Sell or Hold Cadence Stock Post Q4 Earnings?
CDNS
Published: February 21, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS' robust portfolio amid increasing design activity is promising, but external risks warrant caution. Investors should wait for a better entry point.

Read More
image for news Should You Buy, Sell or Hold Cadence Stock Post Q4 Earnings?
Cadence's Q4 Earnings & Revenues Surpass Estimates, Surge Y/Y
CDNS
Published: February 19, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS reports better-than-expected fourth-quarter results on solid demand trends. Revenues for 2025 are expected to be in the range of $5.14-$5.22 billion.

Read More
image for news Cadence's Q4 Earnings & Revenues Surpass Estimates, Surge Y/Y
Cadence Design Systems Q4: Record Backlog, But The Stock Is Overvalued
CDNS
Published: February 19, 2025 by: Seeking Alpha
Sentiment: Negative

I reiterate a “Sell” rating on Cadence Design Systems, Inc. with a one-year price target of $250 per share, citing overvaluation concerns. Despite 26.8% revenue growth and 35.4% operating profit growth, potential export restrictions to China remain a key risk. Strong AI chip demand and AI infrastructure buildout have driven a robust $6.8 billion backlog, supporting near-term business growth.

Read More
image for news Cadence Design Systems Q4: Record Backlog, But The Stock Is Overvalued

About Cadence Design Systems, Inc. (CDNS)

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