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Market Cap 62.17B P/E 71.04 EPS this Y 14.20% Ern Qtrly Grth 3.80%
Income 1.06B Forward P/E 39.17 EPS next Y 17.50% 50D Avg Chg -1.00%
Sales 4.16B PEG 2.55 EPS past 5Y 20.97% 200D Avg Chg 17.00%
Dividend N/A Price/Book 21.38 EPS next 5Y 17.55% 52W High Chg -8.00%
Recommedations 2.10 Quick Ratio 1.19 Shares Outstanding 273.82M 52W Low Chg 65.00%
Insider Own 0.81% ROA 12.15% Shares Float 542.56M Beta 1.02
Inst Own 91.66% ROE 29.44% Shares Shorted/Prior 3.56M/3.28M Price 228.74
Gross Margin 88.51% Profit Margin 25.36% Avg. Volume 2,010,050 Target Price 316.54
Oper. Margin 28.02% Earnings Date Oct 21 Volume 1,396,005 Change -2.09%
About Cadence Design Systems, Inc.

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 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 multiple patterning preparation; and Innovus implementation system, a physical implementation system. 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 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. The company 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.

Cadence Design Systems, Inc. News
11/20/24 Cadence Design Systems (CDNS) Fell Despite Reporting Strong Results
11/20/24 Design Software Stocks Q3 Recap: Benchmarking Adobe (NASDAQ:ADBE)
11/18/24 If You Invested $1000 in Cadence Design Systems 10 Years Ago, This Is How Much You'd Have Now
11/18/24 Unpacking Q3 Earnings: Cadence (NASDAQ:CDNS) In The Context Of Other Design Software Stocks
11/17/24 Is Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Recent Stock Performance Tethered To Its Strong Fundamentals?
11/15/24 Can CDNS Stock Sustain its Rally After Gaining 12% in a Month?
11/15/24 Cadence Design Systems (CDNS): Loop Capital Sees Gold in EDA and IP Investments
11/14/24 Fortune and Great Place To Work® Name Cadence One of the World’s Best Workplaces™ in 2024, Ranking No. 9
11/13/24 There Are Reasons To Feel Uneasy About Cadence Design Systems' (NASDAQ:CDNS) Returns On Capital
11/13/24 Q3 Earnings Recap: ANSYS (NASDAQ:ANSS) Tops Design Software Stocks
11/12/24 Cadence Design Systems, Inc. (CDNS) Is a Trending Stock: Facts to Know Before Betting on It
11/05/24 Cadence Design Systems, Inc.'s (NASDAQ:CDNS) high institutional ownership speaks for itself as stock continues to impress, up 14% over last week
11/01/24 Jim Cramer on Cadence Design Systems, Inc. (CDNS): ‘An Incredibly Good Semiconductor Design Software Company Goes Arm In Arm With Nvidia’
11/01/24 Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
10/31/24 Cadence Design Systems, Inc. (CDNS) Raises Profit Forecast Amid Growing Demand for AI Chip Design Software and New Palladium Supercomputer Launch
10/31/24 Cadence (CDNS) International Revenue Performance Explored
10/31/24 If You Invested $1000 in Cadence Design Systems a Decade Ago, This is How Much It'd Be Worth Now
10/31/24 Decoding Cadence Design Systems Inc (CDNS): A Strategic SWOT Insight
10/30/24 Do Fund Managers Love Or Hate Cadence Design Systems, Inc. (CDNS)?
10/30/24 Stock Market News for Oct 30, 2024
CDNS Chatroom

User Image StockFink Posted - 4 minutes from now

$CDNS Stock Outlook Summary 📊 Short-term: Moderately Bullish ✅ +5.1% above SMA-20; +15.95% above lower Bollinger Band. RSI-14 at 61.47 (bullish momentum). Strong Q2: $6B backlog, hardware/IP demand. Risks: -5.75% below upper Bollinger Band, China revenue misses, hardware reliance. Medium-term: Moderately Bullish ✅ +8.89% above SMA-50, positive OBV (buying pressure). AI solutions growth, partnerships (NVIDIA, Qualcomm, Samsung). Risks: Stochastic misalignment, hardware delays, macro uncertainties. Long-term: Neutral 🤝 +5.11% above SMA-200, solid OBV, AI design leadership. Risks: Regulatory pressures, competitive threats, neutral MACD. Overall: Moderately Bullish 🌟 Strong Q2, AI-driven growth. Key risks: China revenue, hardware delivery, macro trends.

User Image NotaTraitor Posted - 19 hours ago

$CDNS Added....Too slow again, shouldve had the order out there waiting at 301.25. 298 avg.

User Image swingingtech Posted - 1 day ago

$CDNS https://wallstreetwaves.com/are-wall-street-analysts-predicting-cadence-design-stock-will-climb-or-sink/

User Image Lilly_Prt Posted - 1 day ago

$ZTS $CDNS LFG, expected this to move higher. Also, your thoughts on MYNZ? Who's behind the 30M share offering deal? 👀 And how could the Thermo Fisher (TMO) partnership ($210B market cap) reflect this stock movement and PR buzz everywhere on socials?

User Image NotaTraitor Posted - 2 days ago

$CDNS Took a flier at 294.25, tried to grab at 294. Too slow oh well

User Image SamaraMarkets Posted - 3 days ago

😏🚀 MYNZ We know the date of the reverse split (RS) if there will be one, but possibly a Nasdaq extension will be granted. Last time it traded, 50 million and 19 million heavy shorts attacked. Now, it has huge credibility after the TMO partnership and the meeting. The company will decide by November 25th whether or not to do an RS based on Nasdaq's response. Anyway, after the RS, I'm not worried about what happens next. A $210 billion partner TMO signing a deal with a penny stock has never happened before. I will be loading heavy on Monday. This will go to the moon like the DRUG stock recently did. The price target (PT) is $50. The squeeze will be parabolic. $ZTS $CDNS

User Image MrChaos Posted - 5 days ago

$CDNS what a great entry. All the post earnings gain wiped... Just to erase all the ITM Calls.

User Image Jack90 Posted - 1 week ago

$NVDA see how $SMCI $SNPS $CDNS crashed, also $AMD layoff 1000

User Image Article_AI Posted - 1 week ago

$CDNS Top 3 R&D-Driven Stocks Showing Strong Profit and Momentum When thinking about innovative companies that are trying fervently to stay ahead of the competition, research and development (R&D) spending is a key indicator of this ethos. Often quoted as a percentage of revenue, R&D spending is a driving force for many companies, especially those in the technology sector. https://www.stck.pro/news/CDNS/93130761/

User Image GamerGenius Posted - 1 week ago

$NVDA $CDNS 🚨💥🚀🔥 PR is incoming. $BOLT.CN $.31 (+19.23%) average volume increased ~100%. I'm going to add on Monday if it's still this low. Latest News 🚀🤑 Market cap at $5.7M; Whiting’s influence may drive upward movement if new partnerships or exploration progress ⿡ Bolt Metals ($BOLT.CN) advances with two key updates: Ben Whiting joins as Technical Advisor, and a C$544,500 private placement closed 💸. ⿢ Funding: The placement includes shares and warrants, exercisable at C$0.75 for two years, with proceeds for exploration, working capital, and copper project growth ⚒

User Image SportyQueen Posted - 1 week ago

$CDNS $NVDA $SNPS $S $CCCS

User Image smartkarma Posted - 1 week ago

$CDNS | Cadence Design Systems: Its Efforts Towards Diversification & Growth in System Design & Analysis & Other Major Drivers "Cadence Design Systems, Inc. reported its financial results for the third quarter of 2024, recording impressive performance across various aspects..." - Baptista Research (Baptista Research) Read more: https://www.smartkarma.com/insights/cadence-design-systems-its-efforts-towards-diversification-growth-in-system-design-analysis-other-major-drivers

User Image JackDarwin Posted - 1 week ago

$CDNS Bullish Engulfing Formed.

User Image 2x_Overhead Posted - 1 week ago

$AMD $CDNS

User Image Stocksrunner Posted - 1 week ago

Analyst Buzz Alert! 🚨Today’s market is heating up with some big moves from Wall Street analysts! Morgan Stanley crowned $CCCS as its Top Pick, while $CDNS, $SNPS, and $NVDA grabbed shiny Buy recommendations. Oh, and don’t sleep on $S—upgraded to Buy by Deutsche Bank! https://stocksrunner.com/posts/1368

User Image swingingtech Posted - 1 week ago

$CDNS https://wallstreetwaves.com/loop-capital-initiates-coverage-of-cadence-design-systems-cdns-with-buy-recommendation/

User Image swingingtech Posted - 1 week ago

$MU $AMD $NVDA $CDNS https://wallstreetwaves.com/microns-11-surge-investment-strategies-buy-sell-or-hold/ 📈 85,000+ traders reading toda

User Image Helpfulbu11s Posted - 1 week ago

💥 Boom 🚨 Big news! LFGOOOOOO! Mainz Biomed MYNZ has teamed up with Thermo Fisher TMO (mkt cap $209.2B, trading at ~$546.92) to develop a next-gen colorectal cancer screening tool for global markets. Thermo Fisher’s $42.4B annual revenue and advanced tech will boost MYNZ’s mRNA-based assays, hitting 85% detection for advanced adenomas vs. competitors’ 43% and 20%. With CRC cases up 500% in young people, MYNZ is leading early detection. Win-win for both sides — TMO stepping into the CRC market too. Big developments ahead! Calling all apes, let's crush these shorties—this time is bull time. Insane news, we've been waiting for!!! $CDNS $NVDA

User Image Aitana_Low Posted - 1 week ago

💥 Boom 🚨 Big news! LFGOOOOOO! Mainz Biomed MYNZ has teamed up with Thermo Fisher TMO (mkt cap $209.2B, trading at ~$546.92) to develop a next-gen colorectal cancer screening tool for global markets. Thermo Fisher’s $42.4B annual revenue and advanced tech will boost MYNZ’s mRNA-based assays, hitting 85% detection for advanced adenomas vs. competitors’ 43% and 20%. With CRC cases up 500% in young people, MYNZ is leading early detection. Win-win for both sides — TMO stepping into the CRC market too. Big developments ahead! Calling all apes, let's crush these shorties—this time is bull time. Insane news, we've been waiting for!!! $ZTS $CDNS

User Image mrpocket Posted - 1 week ago

🐐 $alab $cdns $smh

User Image John_Wick1234 Posted - 2 weeks ago

$CDNS Nice Triple Bottom With Volume.

User Image insiderbuyingselling Posted - 2 weeks ago

$CDNS new insider selling: 650 shares. http://insiderbuyingselling.com/?t=CDNS

User Image TheLandofOz Posted - 2 weeks ago

___ $DJT, $NVDA, A pro staged this. Classic. Never seen anything like it.$AVAV $CDNS.

User Image WhisperNumber Posted - 2 weeks ago

$PLTR #earnings after close, the expectation from the WhisperNumber community is $0.09, in-line with analyst estimates. Earnings came in $0.01 ahead of the whisper last quarter. 47% beat rate. Implied move +/-12.4%. https://www.whispernumber.com/wr_alerts.jsp #options #trading $SNPS $CDNS $WDAY

User Image 23ChaseColeman23 Posted - 2 weeks ago

$AMAT $ASML $KLAC $LRCX no bounces in any of these names They need to reset further Joe staranova sold them all including $cdns and synopsis from his equal weight etf JOET

User Image ChipBrommer Posted - 2 weeks ago

$CDNS 287.5-288 continuing to reject this morning. Will be looking for any sign of weakness for intraday put play as a scalp.

User Image JFDI Posted - 2 weeks ago

$CDNS

User Image judgeyoung2 Posted - 2 weeks ago

@Stocktwits best trades were $MO and $CDNS, both were earnings plays. worst trades… everything else.

User Image TheLandofOz Posted - 2 weeks ago

__ __ Buy the Dip Buy the Dip Buy the Dip __ $TSLA , $CDNS, $APP ___Ahhs has Spoken,

User Image motercycle Posted - 2 weeks ago

$PEV 927% revenue gain, only a matter of time before it goes .5+ then .6+ hop in asap $DRUG called for a 30% gain from 38-60$ $TGTX PT is 50$ by EOY 2025 $CDNS 1.000 in 10 years if you are looking for a good long term stock

Analyst Ratings
Oppenheimer Underperform Sep 25, 24
Rosenblatt Neutral Aug 6, 24
Piper Sandler Overweight Aug 6, 24
Baird Outperform Jul 23, 24
Needham Buy Jul 23, 24
Piper Sandler Neutral Jul 10, 24
Baird Outperform Jul 2, 24
Keybanc Overweight Jun 27, 24
B of A Securities Buy May 30, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
ZAMAN ANEEL Sr. Vice President Sr. Vice President Feb 02 Sell 290.75 78 22,678 63,541 02/06/24
Cunningham Paul Sr. Vice President Sr. Vice President Feb 01 Sell 289.50 1,000 289,500 85,441 02/05/24
Nisewaner Karna SVP & General Counse.. SVP & General Counsel Feb 01 Sell 289.50 600 173,700 18,534 02/05/24
SANGIOVANNI VINCENTELLI ALBERT... Director Director Jan 24 Sell 300.0015 4,500 1,350,007 54,683 01/26/24
WALL JOHN M Sr. VP & CFO Sr. VP & CFO Jan 18 Sell 277.24 36,000 9,980,640 80,594 01/22/24
WALL JOHN M Sr. VP & CFO Sr. VP & CFO Jan 18 Option 124.33 36,000 4,475,880 116,594 01/22/24
SANGIOVANNI VINCENTELLI ALBERT... Director Director Jan 12 Sell 267.67 11,500 3,078,205 59,183 01/17/24
SANGIOVANNI VINCENTELLI ALBERT... Director Director Jan 12 Option 13.81 10,000 138,100 70,683 01/17/24
SANGIOVANNI VINCENTELLI ALBERT... Director Director Dec 19 Sell 275.00 6,000 1,650,000 60,683 12/21/23
SOHN YOUNG Director Director Dec 15 Option 13.81 10,000 138,100 13,073 12/19/23
WALL JOHN M Sr. VP & CFO Sr. VP & CFO Dec 15 Sell 271.91 2,400 652,584 80,594 12/18/23
Cunningham Paul Sr. Vice President Sr. Vice President Dec 01 Sell 272.85 1,000 272,850 87,316 12/05/23
WALL JOHN M Sr. VP & CFO Sr. VP & CFO Nov 08 Sell 255.00 1,250 318,750 85,375 11/09/23
Cunningham Paul Sr. Vice President Sr. Vice President Nov 01 Sell 240.80 1,000 240,800 88,316 11/03/23
Adams Mark Director Director Feb 25 Sell 240.8 400 96,320 11,007 11/03/23
Nisewaner Karna Corporate VP, Genera.. Corporate VP, General Counsel Nov 01 Sell 240.80 100 24,080 20,309 11/03/23
Nisewaner Karna Corporate VP, Genera.. Corporate VP, General Counsel Oct 02 Sell 235.44 100 23,544 20,409 10/04/23
Cunningham Paul Sr. Vice President Sr. Vice President Oct 02 Sell 235.44 1,000 235,440 89,316 10/04/23
Adams Mark Director Director Oct 02 Sell 235.44 1,377 324,201 2,450 10/04/23
TENG CHIN-CHI Sr. Vice President Sr. Vice President Sep 15 Sell 234.44 7,500 1,758,300 116,679 09/19/23
DEVGAN ANIRUDH President and CEO President and CEO Sep 15 Sell 234.28 2,822 661,138 139,348 09/19/23
ZAMAN ANEEL Sr. Vice President Sr. Vice President Sep 15 Sell 235.66 1,304 307,301 63,494 09/19/23
SANGIOVANNI VINCENTELLI ALBERT... Director Director Sep 08 Sell 241.2618 4,000 965,047 66,683 09/12/23
Cunningham Paul Sr. Vice President Sr. Vice President Sep 01 Sell 242.21 1,000 242,210 91,414 09/06/23
ZAMAN ANEEL Sr. Vice President Sr. Vice President Aug 25 Sell 232.01 1,207 280,036 66,080 08/29/23
DEVGAN ANIRUDH President and CEO President and CEO Aug 25 Sell 233.97 1,523 356,336 144,944 08/29/23
WALL JOHN M Sr. VP & CFO Sr. VP & CFO Aug 08 Sell 229.5 49,104 11,269,368 89,550 08/10/23
WALL JOHN M Sr. VP & CFO Sr. VP & CFO Aug 08 Option 78.76 32,604 2,567,891 138,654 08/10/23
SANGIOVANNI VINCENTELLI ALBERT... Director Director Aug 08 Sell 230.2296 8,800 2,026,020 70,683 08/10/23
Adams Mark Director Director Aug 08 Sell 229.8 1,473 338,495 2,450 08/10/23
ZAMAN ANEEL Sr. Vice President Sr. Vice President Aug 03 Sell 227.85 271 61,747 68,471 08/07/23
Cunningham Paul Sr. Vice President Sr. Vice President Aug 01 Sell 231.43 1,000 231,430 93,124 08/03/23
Nisewaner Karna Corporate VP, Genera.. Corporate VP, General Counsel Aug 01 Sell 231.43 100 23,143 21,894 08/03/23
PLUMMER JAMES D Director Director Feb 08 Sell 238.54 4,406 1,051,007 25,335 07/31/23
Nisewaner Karna Corporate VP, Genera.. Corporate VP, General Counsel Jul 03 Sell 234.10 100 23,410 21,994 07/06/23
Cunningham Paul Sr. Vice President Sr. Vice President Jul 03 Sell 234.10 1,000 234,100 95,124 07/06/23
TENG CHIN-CHI Sr. Vice President Sr. Vice President Jun 16 Sell 238.03 12,858 3,060,590 126,165 06/21/23
BECKLEY THOMAS P Sr. Vice President Sr. Vice President May 18 Option 35.19 50,775 1,786,772 261,764 05/22/23
BECKLEY THOMAS P Sr. Vice President Sr. Vice President May 18 Sell 209.27 76,003 15,905,148 185,761 05/22/23
TAN LIP BU Other Other May 16 Sell 202.62 42,500 8,611,350 602,589 05/18/23
TAN LIP BU Other Other May 16 Option 30.79 42,500 1,308,575 645,089 05/18/23
Nisewaner Karna Corporate VP, Genera.. Corporate VP, General Counsel May 01 Sell 209.10 100 20,910 22,194 05/03/23
TAN LIP BU Director Director Apr 28 Sell 209.93 30,000 6,297,900 808,040 05/02/23
TAN LIP BU Director Director Apr 14 Sell 214.87 42,500 9,131,975 602,589 04/18/23
TAN LIP BU Director Director Apr 14 Option 30.79 42,500 1,308,575 645,089 04/18/23
Nisewaner Karna Corporate VP, Genera.. Corporate VP, General Counsel Apr 05 Sell 210.12 100 21,012 22,294 04/07/23
WALL JOHN M Sr. VP & CFO Sr. VP & CFO Apr 03 Sell 209.56 11,000 2,305,160 108,430 04/05/23
ZAMAN ANEEL Sr. Vice President Sr. Vice President Mar 17 Sell 207.55 12,858 2,668,678 68,742 03/21/23
DEVGAN ANIRUDH President and CEO President and CEO Mar 17 Sell 207.79 25,715 5,343,320 148,178 03/21/23
TAN LIP BU Director Director Mar 16 Sell 205.1 42,500 8,716,750 602,589 03/17/23