Cadence Design Systems Inc

$307.04
(as of Jan 21, 11:12 AM EST)

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Ticker Information for Cadence Design Systems Inc

Stock Price
$307.04
Ticker Symbol
CDNS
Exchange
NASDAQ

Industry Information for Cadence Design Systems Inc

Sector
Technology
Industry
Software - Application

Company Description for Cadence Design Systems Inc

Country
USA
Full Time Employees
12,703

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

Fundamentals for Cadence Design Systems Inc

Market Capitalization
$83,814,776,832
EBITDA
$1,450,493,056
Dividends per Share
P/E Ratio
80.63
Forward P/E Ratio
44.44
Earnings per Share
$3.79
Earnings per Share Estimate Next Year
$6.85
Profit Margin
23.87%
Shares Outstanding
274,263,008
Percent Owned by Insiders
0.80%
Percent Owned by Institutions
91.13%
52-Week High
$328.99
52-Week Low
$241.29

Technical Indicators for Cadence Design Systems Inc

50-Day Moving Average
$303.93
200-Day Moving Average
$288.19
RSI
53.48
7.85

Analyst Ratings for Cadence Design Systems Inc

Strong Buy
12
Buy
5
Hold
3
Sell
0
Strong Sell
1

News About Cadence Design Systems Inc

Jan 21, 2025, 9:20 AM EST
Leading embedded security offerings will complement Cadence’s expanding IP portfolio, unlocking a growing multi-hundred-million incremental TAM opportunity See more.
Jan 21, 2025, 7:00 AM EST
Cadence Design Systems (NASDAQ:CDNS) has had a great run on the share market with its stock up by a significant 23% over the last three months. See more.
Jan 16, 2025, 6:00 PM EST
Cadence Design Systems (CDNS) ended the recent trading session at $298.90, demonstrating a -0.61% swing from the preceding day's closing price. See more.
Jan 16, 2025, 7:00 AM EST
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. See more.
Jan 16, 2025, 4:02 AM EST
Q3 Earnings Roundup: Olo (NYSE:OLO) And The Rest Of The Vertical Software Segment See more.