Cadence Design Systems, Inc. (CDNS)

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

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Key Metrics & Ratings

  • symbol CDNS
  • Rev/Share 18.7359
  • Book/Share 23.9408
  • PB 15.2986
  • Debt/Equity 0.3811
  • CurrentRatio 2.8215
  • ROIC 0.1267

 

  • MktCap 100004362920.0
  • FreeCF/Share 5.8354
  • PFCF 63.0907
  • PE 98.3134
  • Debt/Assets 0.2606
  • DivYield 0
  • ROE 0.1849

 

  • 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
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

These Analysts Boost Their Forecasts On Cadence Design Systems Following Upbeat Q2 Earnings
CDNS
Published: July 29, 2025 by: Benzinga
Sentiment: Positive

Cadence Design Systems Inc CDNS reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS and revenue guidance on Monday.

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image for news These Analysts Boost Their Forecasts On Cadence Design Systems Following Upbeat Q2 Earnings
Cadence Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y, Stock Up
CDNS
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS stock jumps as second-quarter EPS and revenues beat estimates, fueled by AI-driven demand and upgraded FY25 guidance.

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image for news Cadence Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y, Stock Up
Cadence Set to Report Q2 Earnings: What's in the Offing?
CDNS
Published: July 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Strong AI momentum and design demand may lift CDNS' second-quarter results, with EPS and revenues both set to rise year over year.

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image for news Cadence Set to Report Q2 Earnings: What's in the Offing?
What Analyst Projections for Key Metrics Reveal About Cadence (CDNS) Q2 Earnings
CDNS
Published: July 23, 2025 by: Zacks Investment Research
Sentiment: Neutral

Get a deeper insight into the potential performance of Cadence (CDNS) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

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image for news What Analyst Projections for Key Metrics Reveal About Cadence (CDNS) Q2 Earnings
Brokers Suggest Investing in Cadence (CDNS): Read This Before Placing a Bet
CDNS
Published: July 22, 2025 by: Zacks Investment Research
Sentiment: Negative

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.

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image for news Brokers Suggest Investing in Cadence (CDNS): Read This Before Placing a Bet
Cadence Design Systems (CDNS) Reports Next Week: Wall Street Expects Earnings Growth
CDNS
Published: July 21, 2025 by: Zacks Investment Research
Sentiment: Positive

Cadence (CDNS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Cadence Design Systems (CDNS) Reports Next Week: Wall Street Expects Earnings Growth
Cadence Design Systems (CDNS) Stock Declines While Market Improves: Some Information for Investors
CDNS
Published: July 16, 2025 by: Zacks Investment Research
Sentiment: Neutral

Cadence Design Systems (CDNS) reached $314.58 at the closing of the latest trading day, reflecting a -1.09% change compared to its last close.

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image for news Cadence Design Systems (CDNS) Stock Declines While Market Improves: Some Information for Investors
Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
CDNS
Published: July 15, 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 a Trending Stock: Facts to Know Before Betting on It
CDNS Unveils LPDDR6/5X Memory IP System for Next-Gen AI & HPC Workload
CDNS
Published: July 14, 2025 by: Zacks Investment Research
Sentiment: Positive

Cadence unveils first LPDDR6/5X IP at 14.4Gbps, powering AI, HPC & mobile amid booming demand, tight margins and a new Samsung deal.

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image for news CDNS Unveils LPDDR6/5X Memory IP System for Next-Gen AI & HPC Workload
CDNS Gains 24% in Three Months: Where Will the Stock Head From Here?
CDNS
Published: July 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Cadence Design Systems CDNS stock has rallied 23.8% over the past three months. The stock closed last trading session at $322.66 and is now closer to its 52-week high of $330.09.

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image for news CDNS Gains 24% in Three Months: Where Will the Stock Head From Here?
Cadence Introduces Industry-First LPDDR6/5X 14.4Gbps Memory IP to Power Next-Generation AI Infrastructure
CDNS
Published: July 09, 2025 by: Business Wire
Sentiment: Neutral

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 demands.

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image for news Cadence Introduces Industry-First LPDDR6/5X 14.4Gbps Memory IP to Power Next-Generation AI Infrastructure
Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know
CDNS
Published: July 04, 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
These chip-design software stocks are climbing after a U.S.-China trade deal
CDNS, SNPS
Published: July 03, 2025 by: Market Watch
Sentiment: Positive

Siemens, Synopsys and Cadence said the U.S. has lifted export controls restricting sales and business in China.

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image for news These chip-design software stocks are climbing after a U.S.-China trade deal
Synopsys, Cadence rally as Washington rolls back China chip restrictions
CDNS, SNPS
Published: July 03, 2025 by: Invezz
Sentiment: Positive

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 Thursday.

Read More
image for news Synopsys, Cadence rally as Washington rolls back China chip restrictions
Synopsys, Cadence rally as Washington rolls back China chip restrictions
CDNS, SNPS
Published: July 03, 2025 by: Invezz
Sentiment: Positive

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 Thursday.

Read More
image for news Synopsys, Cadence rally as Washington rolls back China chip restrictions
Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock
CDNS
Published: June 23, 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
4 Top Robotics Stocks to Watch in the Second Half of 2025
AMD, CDNS, SERV, TSLA
Published: June 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Robotics is poised for robust growth in the second half of 2025. Watch AMD, TSLA, CDNS and SERV that are poised to dominate the market.

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image for news 4 Top Robotics Stocks to Watch in the Second Half of 2025
Wall Street Bulls Look Optimistic About Cadence (CDNS): Should You Buy?
CDNS
Published: June 19, 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?

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image for news Wall Street Bulls Look Optimistic About Cadence (CDNS): Should You Buy?
Cadence Advances SoC and Chiplet Design With Samsung Foundry
CDNS
Published: June 17, 2025 by: Zacks Investment Research
Sentiment: Positive

CDNS and Samsung extend their collaboration to accelerate next-gen chip design with AI-driven IP on advanced nodes.

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image for news Cadence Advances SoC and Chiplet Design With Samsung Foundry
Cadence Accelerates SoC, 3D-IC and Chiplet Design for AI Data Centers, Automotive and Connectivity in Collaboration with Samsung Foundry
CDNS
Published: June 16, 2025 by: Business Wire
Sentiment: Neutral

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.

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image for news Cadence Accelerates SoC, 3D-IC and Chiplet Design for AI Data Centers, Automotive and Connectivity in Collaboration with Samsung Foundry
Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now?
CDNS
Published: June 11, 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 Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now?
Cadence Design Systems: Strong Moat And Multiple Growth Drivers
CDNS
Published: June 11, 2025 by: Seeking Alpha
Sentiment: Positive

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 partnership drive technological leadership and expand its addressable market. AI megatrends, hardware upgrade cycles, and potential share gains from Intel's strategy shift are key growth catalysts for CDNS.

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image for news Cadence Design Systems: Strong Moat And Multiple Growth Drivers
Cadence Advances Design and Engineering for Europe's Manufacturers on NVIDIA Industrial AI Cloud
CDNS
Published: June 11, 2025 by: Business Wire
Sentiment: Neutral

PARIS--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence is providing optimized solutions for the world's first industrial AI cloud in collaboration with NVIDIA.

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image for news Cadence Advances Design and Engineering for Europe's Manufacturers on NVIDIA Industrial AI Cloud
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.

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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?

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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.

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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.

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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.

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image for news Cadence Unveils Millennium M2000 Supercomputer with NVIDIA Blackwell Systems to Transform AI-Driven Silicon, Systems and Drug Design

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.