Cadence Design Systems, Inc. (CDNS)
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- 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
Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
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
Cadence Design's Q1: Backlog Capitulation
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.
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Why Cadence Design Systems Stock Is Jumping Today
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.
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Wall Street Analysts Think Cadence (CDNS) Is a Good Investment: Is It?
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.
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Investors Heavily Search Cadence Design Systems, Inc. (CDNS): Here is What You Need to Know
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
Cadence Advances AI in the Cloud with Industry-First DDR5 12.8Gbps MRDIMM Gen2 Memory IP System Solution
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.
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Cadence to Acquire Arm's Artisan IP Business to Boost IP Portfolio
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.
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Cadence to Acquire Arm Artisan Foundation IP Business
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.
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Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock
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
21 stocks that Wall Street analysts now think are bargains in this year's worst-performing sector
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.
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These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
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.
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Will Cadence (CDNS) Beat Estimates Again in Its Next Earnings Report?
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.
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Cadence Focuses on Acquisitions to Supplement Organic Growth
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.
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Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
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
Cadence Stock Plunges 10% YTD: How Should You Play the Stock?
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.
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Cadence & NVIDIA Expand Collaboration to Power AI Innovations
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.
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Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
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.
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Cadence's Anirudh Devgan to Present at Morgan Stanley Conference
Published: February 25, 2025 by: Business Wire
Sentiment: Neutral
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Anirudh Devgan to Present at Morgan Stanley Conference.
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Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
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
Cadence: Long Term Outlook Still Strong Despite Double-Digit Drop
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.
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Should You Buy, Sell or Hold Cadence Stock Post Q4 Earnings?
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
Cadence's Q4 Earnings & Revenues Surpass Estimates, Surge Y/Y
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.
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Cadence Design Systems Q4: Record Backlog, But The Stock Is Overvalued
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.
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Cadence Design Systems, Inc. (CDNS) Q4 2024 Earnings Call Transcript
Published: February 18, 2025 by: Seeking Alpha
Sentiment: Neutral
Cadence Design Systems, Inc. (NASDAQ:CDNS ) Q4 2024 Earnings Conference Call February 18, 2025 5:00 PM ET Company Participants Richard Gu - VP of IR Anirudh Devgan - President and CEO John Wall - SVP and CFO Conference Call Participants Jason Celino - KeyBanc Capital Markets Joe Quatrochi - Wells Fargo Ruben Roy - Stifel Vivek Arya - Bank of America Securities Lee Simpson - Morgan Stanley Charles Shi - Needham & Company Gianmarco Conti - Deutsche Bank Jay Vleeschhouwer - Griffin Securities Gary Mobley - Loop Capital Harlan Sur - JPMorgan Siti Panigrahi - Mizuho Joshua Tilton - Wolfe …
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Cadence (CDNS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Published: February 18, 2025 by: Zacks Investment Research
Sentiment: Positive
The headline numbers for Cadence (CDNS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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Cadence Systems: Q4 EPS Tops Forecast
Published: February 18, 2025 by: The Motley Fool
Sentiment: Positive
Cadence Design Systems (CDNS 1.77%), a leader in computational software for electronic system design, reported fourth-quarter 2024 earnings on Tuesday, Feb. 18, that topped analysts' consensus expectations but also included soft guidance for 2025.
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Cadence Set to Release Q4 Earnings: Here's What Investors Should Know
Published: February 17, 2025 by: Zacks Investment Research
Sentiment: Neutral
CDNS' fourth-quarter performance is likely to have benefited from higher customer demand amid volatile global macroeconomic conditions.
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Cadence Design Systems (CDNS) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Published: February 13, 2025 by: Zacks Investment Research
Sentiment: Negative
The latest trading day saw Cadence Design Systems (CDNS) settling at $296.16, representing a +0.72% change from its previous close.
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About Cadence Design Systems, Inc. (CDNS)
- IPO Date 1987-06-10
- Website https://www.cadence.com
- Industry Software - Application
- CEO Anirudh Devgan
- Employees 12837