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Cadence Design Systems (CDNS)
NASDAQ:CDNS
CDNS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$241.29 - $328.99
Previous CloseN/A
Volume226.19K
Average Volume (3M)1.76M
Market Cap
$82.40B
Enterprise Value$74.19B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)71.1
Beta1.50
Next Earnings
Apr 28, 2025EPS Estimate
1.49Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.85
Shares Outstanding274,263,000
10 Day Avg. Volume2,066,067
30 Day Avg. Volume1,764,425
Standard Deviation0.08
R-Squared0.42
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)18.92
Price to Cash Flow (P/CF)50.20
P/FCF Ratio51.40
Enterprise Value/Market Cap0.90
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit20.30
Enterprise Value/Ebitda49.71
Forecast
1Y Price Target
$327.21Price Target Upside21.09% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
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Bulls Say, Bears Say
Bulls Say
R&D And AI OpportunitiesCDNS has unique leverage to chip complexity and AI design starts, contributing to secular growth in semiconductor R&D across a wide range of end markets.
Record BacklogCDNS reported a record-ending backlog of $6.8 billion, showing a substantial increase and indicating strong future demand.
Bears Say
China Market ChallengesChina, which represents a significant portion of CDNS sales, has seen a revenue decline, with management guiding flat revenue moving forward.
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Ownership Overview
0.20% Insiders
23.99% Mutual Funds
17.38% Other Institutional Investors
32.36% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CDNS FAQ
What was Cadence Design Systems’s price range in the past 12 months?
Cadence Design Systems lowest stock price was $241.29 and its highest was $328.99 in the past 12 months.
What is Cadence Design Systems’s market cap?
Cadence Design Systems’s market cap is $82.40B.
When is Cadence Design Systems’s upcoming earnings report date?
Cadence Design Systems’s upcoming earnings report date is Apr 28, 2025 which is in 66 days.
How were Cadence Design Systems’s earnings last quarter?
Cadence Design Systems released its earnings results on Feb 18, 2025. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.819 by $0.061.
Is Cadence Design Systems overvalued?
According to Wall Street analysts Cadence Design Systems’s price is currently Undervalued.
Does Cadence Design Systems pay dividends?
Cadence Design Systems does not currently pay dividends.
What is Cadence Design Systems’s EPS estimate?
Cadence Design Systems’s EPS estimate is 1.49.
How many shares outstanding does Cadence Design Systems have?
Cadence Design Systems has 274,263,000 shares outstanding.
What happened to Cadence Design Systems’s price movement after its last earnings report?
Cadence Design Systems reported an EPS of $1.88 in its last earnings report, beating expectations of $1.819. Following the earnings report the stock price went down -8.784%.
Which hedge fund is a major shareholder of Cadence Design Systems?
Currently, no hedge funds are holding shares in CDNS
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Cadence Design Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$327.21 (21.09% Upside)
$327.21 (21.09% Upside)
Blogger Sentiment
Bullish
CDNS Sentiment 71%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 494.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 2.3%
Last 30 Days ▼ 2.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.60%
12-Months-Change
Fundamentals
Return on Equity
26.13%
Trailing 12-Months
Asset Growth
58.29%
Trailing 12-Months
Company Description
Cadence Design Systems
California-based Cadence Design Systems, Inc. is a multinational computational software company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company designs and develops integrated circuits and electronic devices. Its products are used for various market applications including consumer, hyperscale computing, 5G communications, automotive, aerospace, industrial and health.
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CDNS Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
Cadence demonstrated strong financial performance in 2024, with significant growth in revenue and operating margin. The company showed notable achievements in its hardware, IP, and AI product segments. However, challenges remain in the China market, which affected core EDA growth and recurring revenue projections. Despite these challenges, the company's strong backlog and product momentum position it well for continued success.Read More>---
CDNS Revenue Breakdown
27.00% Digital IC Design and Signoff
27.00% Functional Verification, including Emulation and Prototyping Hardware
22.00% Custom IC Design and Simulation
12.00% IP
12.00% System Design and Analysis
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CDNS Stock 12 Month Forecast
Average Price Target
$327.21
▲(21.09% Upside)
Technical Analysis
Best Analysts Covering CDNS
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+17.69%
reiterated a buy rating 3 days ago
Copying Ruben Roy's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +17.69% per trade.
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