Cadence Design Sys CDNS

$316.56 +6.91 (2.23%)

Valuation

Market cap
89,797,400,000
Revenue TTM
$5,296,760,000
Net income TTM
$1,108,890,000
PE ratio
51.93
Forward PE
49.90
Profit margin
20.94%
Debt to equity
0.36

Trading

Volume
1,530,601
Avg volume
2,388,056
Day's range
$305.19 – $318.15
Shares out
275,393,000
Stochastic %K
7%
Beta
1.13
Analysts
Strong Sell
Price target
$411.86

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...

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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

BDipNRip Oct 20, 4:07 PM
$CDNS Socionext are collaborating to use artificial intelligence for the physical design of large-scale systems-on-chips, Socionext said Tuesday. As physical design for large-scale SoCs becomes more and more complex, effectively integrating AI agents with advanced tools and design flows is important to addressing these challenges. The collaboration between Cadence and Socionext is applying AI-driven design to the physical design of a large-scale 3nm SoC, Socionext said.
0 replies
KryptonResearch14 Oct 18, 4:05 AM
$CDNS Shares fell 10% this past week in the tech selloff, and KeyBanc is expecting the Oct. 26 print to push estimates the other way. Analyst Jason Celino anticipates "quite a large estimate revision," with fourth-quarter consensus looking overly conservative against organic revenue growth in the high teens.
0 replies
dukeofhb Oct 15, 2:34 PM
$CDNS $SNPS added some more to the duopoly. 💪🏻
0 replies
lextrading Oct 8, 2:24 PM
$SNPS $CDNS Hoping it holds above this resistance for the week, setting up a retest of the short-term resistance at 535. That move would push my ROI over 40% since first alerting multiple times at the 377 S/R pivot. Long SNPS and CDNS.
0 replies
Techdamentals Oct 6, 8:02 PM
$CDNS sells chip and system design software, usually on multi-year contracts. I ran it through the Techdamentals IV Calculator. What is it worth? 👇 https://techdamentals.com/v/CDNS?ref=st Educational, not advice.
0 replies
lextrading Oct 5, 2:02 PM
$SNPS $CDNS All gas. You should see my fractal. See you at the top of this move. ✌🏻
1 replies
Tickrtrends Oct 4, 6:13 PM
$CDNS screened as undervalued in this week's run. It has since moved back toward our fair value estimate and now sits 10 to 25% below it, down from the more than 25% band. Cadence carries Gross margin 84.9% alongside Revenue growth 3-yr avg 18.3%. For information only; this is not investment advice. Always do your own research. https://stocks.tickrtrends.com/cdns?utm_source=dlvr.it&utm_medium=stocktwits
0 replies
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