Cadence Design Systems Inc (CDNS)

NASDAQ
Currency in USD
321.56
+2.79(+0.88%)
Closed·
After Hours
317.00-4.49(-1.40%)
·
CDNS Scorecard
Full Analysis
Impressive gross profit margins
CDNS is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
317.18322.19
52 wk Range
221.56328.99
Key Statistics
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Prev. Close
318.77
Open
320.16
Day's Range
317.18-322.19
52 wk Range
221.56-328.99
Volume
1.58M
Average Volume (3m)
2.46M
1-Year Change
11.34%
Book Value / Share
17.41
Fair Value
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Fair Value Upside
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CDNS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
320.84
Downside
-0.22%
Members' Sentiments
Bearish
Bullish
ProTips
8 analysts have revised their earnings downwards for the upcoming period
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Cadence Design Company Profile

Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. It also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and performing sign-off checks for manufacturing; and Innovus implementation system, a digital IC design and signoff solution. In addition, the company offers custom IC design and simulation, such as Virtuoso Studio, a solution platform for custom, analog, mixed-signal, photonics, and RF semiconductors; and system design and analysis products, a Multiphysics platform that helps in design and simulate electronics and entire systems in electromagnetic, thermal, structure, computational fluid dynamics, molecular, PCB and packaging, mechanical, and structural analysis. Further, it provides semiconductor IP product for design architectures; Functional Verification; digital ic design and signoff; EDA product that addresses the design and verification for semiconductor chips and manufacturing process technologies; and verification IP with 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. It serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

Employees
12700

Cadence Design Systems Inc SWOT Analysis


Financial Prowess
Cadence Design Systems showcases robust financial performance with revenue beats and high gross profit margins, signaling strong operational efficiency
Hardware Horizon
Explore the anticipated multi-year hardware refresh cycle in semiconductors, positioning Cadence for sustained growth and market expansion
IP Innovation Edge
Delve into Cadence's intellectual property portfolio, a key strength driving future growth in complex semiconductor designs and emerging technologies
Market Momentum
Analyst targets range up to $355, with Cadence identified as a top early idea for 2025, despite a recent $400 million backlog contraction
Read full SWOT analysis

Cadence Design Systems Inc Earnings Call Summary for Q1/2025

  • Q1 2025 EPS of $1.57 beat expectations, revenue grew 23% YoY to $1.24B, driven by AI and autonomous systems demand
  • Full-year 2025 revenue guidance raised to $5.15-$5.23B, reflecting confidence in growth trajectory
  • Stock declined 1.35% in regular trading despite strong results, possibly due to high P/E ratio of 73.77
  • CEO highlighted semiconductors' role in transformative technologies; CFO noted company tracking ahead of original 2025 forecast
  • Risks include geopolitical tensions, market saturation, and macroeconomic pressures affecting global demand
Last Updated: 29-04-2025, 03:40 am
Read Full Transcript

Compare CDNS to Peers and Sector

Metrics to compare
CDNS
Peers
Sector
Relationship
P/E Ratio
81.2x−27.0x11.4x
PEG Ratio
31.19−1.140.01
Price/Book
18.4x4.0x2.4x
Price / LTM Sales
18.0x4.8x2.0x
Upside (Analyst Target)
1.1%18.8%25.2%
Fair Value Upside
Unlock9.2%6.5%Unlock

Analyst Ratings

19 Buy
3 Hold
1 Sell
Ratings:
23 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 320.84
(-0.22% Downside)

Earnings

Latest Release
Apr 28, 2025
EPS / Forecast
1.57 / 1.49
Revenue / Forecast
1.24B / 1.24B
EPS Revisions
Last 90 days

FAQ

What Is the Cadence Design (CDNS) Stock Price Today?

The Cadence Design stock price today is 321.56.

What Stock Exchange Does Cadence Design Trade On?

Cadence Design is listed and trades on the Nasdaq Stock Exchange stock exchange.

What Is the Stock Symbol for Cadence Design?

The stock symbol for Cadence Design is "CDNS."

What Is the Cadence Design Market Cap?

As of today, Cadence Design market cap is 87.80B.

What Is Cadence Design's Earnings Per Share (TTM)?

The Cadence Design EPS (TTM) is 3.98.

When Is the Next Cadence Design Earnings Date?

Cadence Design will release its next earnings report on 27 Jul 2025.

From a Technical Analysis Perspective, Is CDNS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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