Education
About Us
Working with TipRanks
Follow Us
Cadence Design Systems (CDNS)
NASDAQ:CDNS
CDNS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$230.09 - $328.99
Previous CloseN/A
Volume226.19K
Average Volume (3M)2.68M
Market Cap
$71.93B
Enterprise Value$74.19B
Total Cash (Recent Filing)$2.64B
Total Debt (Recent Filing)$2.48B
Price to Earnings (P/E)68.1
Beta1.65
Next Earnings
Apr 28, 2025EPS Estimate
1.49Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.85
Shares Outstanding274,108,000
10 Day Avg. Volume2,713,413
30 Day Avg. Volume2,682,240
Financial Highlights & Ratios
PEG Ratio103.62
Price to Book (P/B)N/A
Price to Sales (P/S)15.50
Price to Cash Flow (P/CF)40.70
P/FCF Ratio42.10
Enterprise Value/Market Cap1.03
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit16.74
Enterprise Value/Ebitda45.33
Forecast
1Y Price Target
$327.00Price Target Upside24.61% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
---
Cadence Design News
PremiumStock Analysis & Ideas
New CEO Plans Intel’s (INTC) Comeback Trail
---
Bulls Say, Bears Say
Bulls Say
Business PerformanceCadence delivered Q4 above expectations with a strong backlog helped by strong demand for hardware and IP.
Growth OpportunitiesPhysical AI is expected to be a key growth driver for Cadence Design Systems due to the need for more advanced chip designs.
Market DemandThe record $6.8bn backlog, up 13.3% year-over-year, provides comfort regarding CDNS's future performance.
Bears Say
China Market ConcernsChina, which makes up a significant portion of CDNS sales, declined by 15% in FY25, with potential risks of further declines due to macro uncertainties and US-China tensions.
Regulatory ChallengesNavigating complex export regulations remains critical, as restrictions limit access to advanced technologies for certain entities.
Sales OutlookThe FY25 sales outlook missed pre-call consensus due to continued deceleration in recurring EDA sales and a greater reliance on upfront sales.
---
Ownership Overview
0.20% Insiders
24.23% Mutual Funds
17.55% Other Institutional Investors
31.12% 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.
---
CDNS FAQ
What was Cadence Design Systems’s price range in the past 12 months?
Cadence Design Systems lowest stock price was $230.09 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 $71.93B.
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 34 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 274,108,000 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
---
Cadence Design Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$327.00 (24.61% Upside)
$327.00 (24.61% Upside)
Blogger Sentiment
Neutral
CDNS Sentiment 55%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 125.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.70%
12-Months-Change
Fundamentals
Return on Equity
26.13%
Trailing 12-Months
Asset Growth
58.29%
Trailing 12-Months
Company Description
Cadence Design Systems
Cadence Design Systems, Inc. is a leading provider of electronic design automation (EDA) software, hardware, and semiconductor intellectual property (IP). The company operates in the technology and semiconductor sectors, offering a range of products that facilitate the design and development of integrated circuits, systems on chips (SoCs), and electronic systems. Cadence's core offerings include digital and custom IC design tools, verification tools, and IP solutions, which are widely used by semiconductor and electronics companies to enhance their design productivity and innovation.
---
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
71.00% Core EDA
16.00% System Design and Analysis
13.00% IP
---
CDNS Stock 12 Month Forecast
Average Price Target
$327.00
▲(24.61% Upside)
Technical Analysis
Best Analysts Covering CDNS
1 Year
1 Year Success Rate
21/28 ratings generated profit
1 Year Average Return
+24.16%
reiterated a buy rating last month
Copying Gary Mobley's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +24.16% per trade.
---