
Cadence Design Systems, Inc. (CDNS)
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Learn moreWhy is CDNS moving today? Cadence Design Systems (CDNS) rose 1.75% as investors bought the dip in oversold SaaS stocks amid cautious optimism around U.S.-Iran ceasefire talks, outperforming the broader market's modest gains.
Cadence Design Systems (CDNS) rose 1.75% as investors bought the dip in oversold SaaS stocks amid cautious optimism around U.S.-Iran ceasefire talks, outperforming the broader market's modest gains.
- Previous Close
288.20 - Open
293.31 - Bid 287.73 x 300
- Ask 288.74 x 200
- Day's Range
291.76 - 297.09 - 52 Week Range
247.70 - 376.45 - Volume
89,303 - Avg. Volume
2,575,876 - Market Cap (intraday)
81.853B - Beta (5Y Monthly) 1.04
- PE Ratio (TTM)
73.02 - EPS (TTM)
4.06 - Earnings Date Apr 27, 2026
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
371.68
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including Innovus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI express, universal accelerator and compute express links, and multiple memory interfaces; and Tensilica, a digital signal processor. In addition, the company's design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and OrCAD X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AWR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphysics platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA for the development of engineering solutions tailored for agentic AI chip and system design. The company was incorporated in 1987 and is headquartered in San Jose, California.
www.cadence.com13,800
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: CDNS
View MorePerformance Overview: CDNS
Trailing total returns as of 4/14/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Earnings Trends: CDNS
View MoreAnalyst Insights: CDNS
View MoreStatistics: CDNS
View MoreValuation Measures
Market Cap
79.57B
Enterprise Value
79.03B
Trailing P/E
70.99
Forward P/E
35.46
PEG Ratio (5yr expected)
2.57
Price/Sales (ttm)
14.87
Price/Book (mrq)
14.54
Enterprise Value/Revenue
14.92
Enterprise Value/EBITDA
42.21
Financial Highlights
Profitability and Income Statement
Profit Margin
20.93%
Return on Assets (ttm)
10.98%
Return on Equity (ttm)
21.85%
Revenue (ttm)
5.3B
Net Income Avi to Common (ttm)
1.11B
Diluted EPS (ttm)
4.06
Balance Sheet and Cash Flow
Total Cash (mrq)
3.16B
Total Debt/Equity (mrq)
48.71%
Levered Free Cash Flow (ttm)
1.51B
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Research Reports: CDNS
View MoreCadence Earnings: Strong Finish to 2025, While 2026 Outlook Shows Growth Will Remain Strong
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enables system-level analysis and verification solutions.
RatingPrice TargetRaising target price to $314.00
Cadence Design Systems Inc has an Investment Rating of BUY; a target price of $314.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice TargetLowering target price to $312.00
Cadence Design Systems Inc has an Investment Rating of BUY; a target price of $312.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice TargetLowering target price to $319.00
Cadence Design Systems Inc has an Investment Rating of BUY; a target price of $319.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.
RatingPrice Target









