About Cadence Design Systems Inc
Ticker
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CDNS
Trading on
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NASDAQ
ISIN
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US1273871087
Industry
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Software - Application
Sector
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Technology
CEO
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Dr. Anirudh Devgan Ph.D.
Headquarters
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Building 5, San Jose, CA, United States, 95134
Employees
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13,800
Website
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cadence.com
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. The company was incorporated in 1987 and is headquartered in San Jose, California.
Metrics
BasicAdvanced
Market cap
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$75B
P/E ratio
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67.1
EPS
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$4.05
Dividend Yield
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0.00%
Beta
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1.03
Forward P/E ratio
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34.97
EBIDTA
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$1.91B
Ex dividend date
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-
Price & volume
Market cap
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$75B
Average daily volume
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2.4M
90-day return
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-
30-day return
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-
7-day return
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-
Dividends
Dividend per share
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$0.00
Dividend yield
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0.00%
Forward dividend per share
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$0.00
Forward dividend yield
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0.00%
Payout ratio
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0.00%
Valuation
P/E ratio
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67.1
Forward P/E
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34.97
PEG ratio
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2.54
Trailing P/E
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67.1
Price to sales
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14.17
Price to book
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14.31
Earnings
EPS
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$4.05
EPS estimate (current quarter)
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$1.91
EPS estimate (next quarter)
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$1.81
EBITDA
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$1.91B
Revenues (TTM)
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$5.3B
Revenues per share (TTM)
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$19.52
Technicals
Beta
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1.03
52-week High
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$376.45
52-week Low
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$221.56
50-day moving average
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$295.88
200-day moving average
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$322.31
Short ratio
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2.22
Short %
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2.54%
Management effectiveness
ROE (TTM)
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21.86%
ROA (TTM)
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10.98%
Profit margin
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20.93%
Gross profit margin
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$4.57B
Operating margin
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32.82%
Growth
Quarterly earnings growth (YoY)
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14.60%
Quarterly revenue growth (YoY)
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6.20%
Share stats
Outstanding Shares
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276M
Float
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271M
Insiders %
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0.35%
Institutions %
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90.12%
Analyst Insights & forecasts
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83% Buy

13% Hold

4% Sell

Based on information from 23 analysts.

Average price target

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$371.68
Earnings per share (EPS) forecast
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Actual
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Expected
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Surprise
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$1.57
$1.50
4.75%
Q1 • 25Beat
$1.65
$1.58
4.43%
Q2 • 25Beat
$1.93
$1.79
7.82%
Q3 • 25Beat
$1.99
$1.91
4.19%
Q4 • 25Current
QuarterlyAnnual
Financial Performance
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Income StatementBalance SheetCash Flow
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Revenue
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Net income
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Profit margin
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$1.34B
$287M
21.45%
Q3 • 25
$1.44B
$388M
26.95%
Q4 • 25
7.56%
35.18%
25.67%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$9.6B
$4.4B
45.84%
Q3 • 25
$10.2B
$4.68B
46.08%
Q4 • 25
5.77%
6.33%
0.53%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$311M
$-174M
$-194M
$277M
Q3 • 25
$553M
$131M
$-214M
$512M
Q4 • 25
78.17%
-175.19%
10.22%
85.02%
QoQ growth
QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Cadence Design Systems Inc share?
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Cadence Design Systems Inc shares are currently traded for undefined per share.

How many shares does Cadence Design Systems Inc have?
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Cadence Design Systems Inc currently has 276M shares.

Does Cadence Design Systems Inc pay dividends?
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No, Cadence Design Systems Inc doesn't pay dividends.

What is Cadence Design Systems Inc 52 week high?
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Cadence Design Systems Inc 52 week high is $376.45.

What is Cadence Design Systems Inc 52 week low?
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Cadence Design Systems Inc 52 week low is $221.56.

What is the 200-day moving average of Cadence Design Systems Inc?
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Cadence Design Systems Inc 200-day moving average is $322.31.

Who is Cadence Design Systems Inc CEO?
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The CEO of Cadence Design Systems Inc is Dr. Anirudh Devgan Ph.D..

How many employees Cadence Design Systems Inc has?
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Cadence Design Systems Inc has 13,800 employees.

What is the market cap of Cadence Design Systems Inc?
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The market cap of Cadence Design Systems Inc is $75B.

What is the P/E of Cadence Design Systems Inc?
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The current P/E of Cadence Design Systems Inc is 67.1.

What is the EPS of Cadence Design Systems Inc?
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The EPS of Cadence Design Systems Inc is $4.05.

What is the PEG Ratio of Cadence Design Systems Inc?
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The PEG Ratio of Cadence Design Systems Inc is 2.54.

What do analysts say about Cadence Design Systems Inc?
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According to the analysts Cadence Design Systems Inc is considered a buy.