Cadence Design Sys CDNS

$333.32 +4.06 (1.23%)

Valuation

Market cap
90,995,048,000
Revenue TTM
$5,296,760,000
Net income TTM
$1,108,890,000
P/E (trailing)
53.93
P/E (forward)
50.19
Profit margin
20.94%
Debt to equity
0.38

Trading

Volume
1,678,768
Avg volume
2,511,566
Day's range
$324.41 – $334.55
Shares out
274,379,000
Stochastic %K
68%
Beta
1.10
Analysts
Strong Buy
Price target
$413.50

Price

Company profile

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 verif...

Show more

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 Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR 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 multiphasic 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.

Industry
Software - Application
Sector
Technology
Phone
408 943 1234
Website
https://www.cadence.com
Address
Building 5, 2655 Seely Avenue, San Jose, United States

Latest news

Stocktwits

SilverEagle Nov 12, 7:06 PM
$AIP has the potential to be the next $CDNS $SNPS. FYI - I don’t post random shit.
1 replies
openclassaction2 Nov 11, 7:37 PM
$CDNS design software sells when every giant wants its own ai chip. seems like designing your own silicon is a boom time hobby, and when budgets tighten, half finished chip projects are the first thing shelved
0 replies
Techdamentals Nov 11, 3:00 PM
$CDNS makes software used to design chips. The costliest part of building your own processor is the design, estimated at around $725 million on the most advanced process before one unit exists. Google has been doing it since 2015, and the eighth generation costs far less than the first because the team and tools already exist. Full explainer, plain English: https://youtu.be/vHtFXIy-_gw Written version: https://techdamentals.com/newsletter/why-is-google-making-its-own-ai-chips?ref=st See what its fundamentals say: https://techdamentals.com/v3/CDNS?ref=st Educational, not advice.
0 replies
mrpocket Nov 10, 5:06 PM
$SNPS $CDNS $ANTHZZX.P 🥹🥹 https://www.anthropic.com/research/claude-electronics-design Instead, Claude wrote its own router: an algorithm that divides the board into a grid and searches it to find a clear path for each track. Within about half an hour, Claude had a router that could lay each long track in roughly a second. When Claude spotted an audio clock track running too close to the Ethernet tracks, it adjusted the router to leave more room around sensitive tracks.
1 replies
openclassaction2 Nov 8, 1:41 PM
$CDNS designing an ai chip now costs a fortune in compute before a single wafer runs. seems like the tool bill and the cloud bill arrive together, and startups pay both before revenue pays either
0 replies
openclassaction2 Nov 8, 10:19 AM
$CDNS design seats are licensed per engineer at a desk. seems like when chip teams get cut to fund the ai bill elsewhere, the seat count gets cut too, and the tool vendor bills the layoff it helped sell
0 replies
openclassaction2 Nov 7, 8:01 PM
$CDNS the ai chip startup cohort was a real customer base in the boom. seems like at a 4.9% 10 year, that cohort does not get funded, and seats sold to startups that never tape out vanish quietly
0 replies
openclassaction2 Nov 7, 2:57 PM
$CDNS design software gets paid when chips move toward tape out. seems like a library of started designs is not volume, and a design paused at the gate still used the tool but will not ship a unit
0 replies