Cadence Design Sys CDNS

$351.35 +0.62 (0.18%)

Valuation

Market cap
96,588,592,000
Revenue TTM
$5,296,760,000
Net income TTM
$1,108,890,000
PE ratio
53.60
Forward PE
51.61
Profit margin
20.94%
Debt to equity
0.36

Trading

Volume
2,098,000
Avg volume
2,510,294
Day's range
$341.76 – $356.51
Shares out
275,393,000
Stochastic %K
92%
Beta
1.13
Analysts
Strong Sell
Price target
$409.23

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 In novus 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 Ten Silica, 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

dukeofhb Oct 1, 7:30 PM
$CDNS $SNPS yeah buddy. There seems be a dynamic duo in each area of the tech stack. This is one of them. 🤑
0 replies
heikoscreens Oct 1, 6:44 PM
$SNPS up ~12% after Investor Day: 2027 targets of up to 11.2 billion USD revenue (~15% growth) vs ~11.0B consensus, plus ~3.1B free cash flow. $CDNS dragged along ~+5%. My screeners show a messier picture than the headline: - Momentum alignment flipped to a buy on Sept 30, the day before the event - Volume ~2.8x the 20-day average - RSI ~74, so reversal watch now flags it as short-term stretched - Death cross still active, 50-day ~9% below the 200-day - Still ~10% under the 539 52w high, only ~+3% over 1 year, P/E ~73 CDNS only carries a death cross (since Sept 18, 50-day ~2% below the 200-day), so that one looks like sympathy so far. No position. Can a guidance beat repair a broken trend at 70x earnings, or does this gap fade like most?
0 replies
CoolE Oct 1, 4:09 PM
$CDNS🍻
0 replies
lextrading Oct 1, 3:37 PM
$SNPS Don't miss my next pick. My SNPS position is up ~25% while $CDNS is up ~20%. My fractals project much more gains, and I'll update those charts soon in my Substack. An annual subscription to my alerts only $150. I buy wide-moats and monopolistic companies when the market sells them off temporarily. Subscribe below: https://lextrading.substack.com/
0 replies
lextrading Sep 30, 7:19 PM
$SNPS Stock prices tend to follow earnings, and SNPS’s projected EPS in the coming years is expected to accelerate. I’m surprised that this, along with $CDNS , has sold off as much as it has given the strong demand for custom TPUs and ASICs in this AI bull market. Fundamentals keep rising while the stock price is way down from ATHs.
1 replies
lextrading Sep 30, 2:01 PM
$CDNS I also picked up $SNPS at the lows. It’s crazy to think these chip design duopolies were trading at multi-year lows in the middle of an AI bull market. When I write about this later in a Substack post, it’ll be so clear. But did you buy? Probably not, since the headlines were nothing but FUD.
0 replies
Baazigar123 Sep 29, 2:16 PM
$CDNS NOW
0 replies
TraderX_Research Sep 28, 3:08 PM
$CDNS Silent Sleeper. Absolutely LOVE this company. THE ENTIRE INDUSTRY USES THEM U GUYS.
0 replies