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Cadence Design Systems (CDNS)
NASDAQ:CDNS
CDNS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$221.56 - $328.99
Previous CloseN/A
Volume226.19K
Average Volume (3M)2.34M
Market Cap
$70.81B
Enterprise Value$82.26B
Total Cash (Recent Filing)$509.04M
Total Debt (Recent Filing)$548.09M
Price to Earnings (P/E)68.9
Beta1.56
Next Earnings
Apr 28, 2025EPS Estimate
1.49Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.85
Shares Outstanding274,313,600
10 Day Avg. Volume2,144,319
30 Day Avg. Volume2,342,898
Financial Highlights & Ratios
PEG Ratio104.81
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 Cap1.16
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit18.57
Enterprise Value/Ebitda50.26
Forecast
1Y Price Target
$318.14Price Target Upside19.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
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Bulls Say, Bears Say
Bulls Say
Innovative TechnologiesPhysical AI is expected to be a key growth driver for Cadence Design Systems due to the need for more advanced chip designs.
Record BacklogThe record $6.8bn backlog, up 13.3% year-over-year, provides comfort regarding CDNS's future performance.
Upgraded RatingCadence Design Systems is upgraded to Overweight from Neutral due to its underperformance, creating an attractive entry point for this high-quality defensive growth business.
Bears Say
China Market ConcernsRegulatory uncertainty and flat growth expectations in China are seen as primary challenges to growth.
Conservative OutlookFY25 revenue and EPS guidance is below consensus due to a prudent view on China.
Regulatory ChallengesNavigating complex export regulations remains critical, as restrictions limit access to advanced technologies for certain entities.
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Ownership Overview
0.32% Insiders
24.30% Mutual Funds
0.48% Other Institutional Investors
47.93% 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 $221.56 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 $70.81B.
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 3 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 274,313,600 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:
$318.14 (19.86% Upside)
$318.14 (19.86% Upside)
Blogger Sentiment
Neutral
CDNS Sentiment 50%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 125.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.79%
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.
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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
71.00% Core EDA
16.00% System Design and Analysis
13.00% IP
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CDNS Stock 12 Month Forecast
Average Price Target
$318.14
▲(19.86% Upside)
Technical Analysis
Best Analysts Covering CDNS
1 Year
1 Year Success Rate
21/28 ratings generated profit
1 Year Average Return
+24.06%
reiterated a buy rating 2 months ago
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 +24.06% per trade.
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