Cadence Design Systems Inc

$247.52
(as of Sep 6, 4:00 PM EST)

Stock Market Guides is not a financial advisor. Our content is strictly educational and should not be considered financial advice.

Ticker Information for Cadence Design Systems Inc

Stock Price
$247.52
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
11,200

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
$67,775,926,272
EBITDA
$1,364,988,032
Dividends per Share
P/E Ratio
64.12
Forward P/E Ratio
35.84
Earnings per Share
$3.86
Earnings per Share Estimate Next Year
$6.91
Profit Margin
25.36%
Shares Outstanding
273,820,000
Percent Owned by Insiders
0.81%
Percent Owned by Institutions
91.68%
52-Week High
$328.99
52-Week Low
$227.05

Technical Indicators for Cadence Design Systems Inc

50-Day Moving Average
$279.74
200-Day Moving Average
$288.19
RSI
33.57
8.87

Analyst Ratings for Cadence Design Systems Inc

Strong Buy
8
Buy
3
Hold
3
Sell
1
Strong Sell
0

News About Cadence Design Systems Inc

Sep 6, 2024, 8:00 AM EST
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. See more.
Sep 6, 2024, 1:47 AM EST
Sep 5, 2024, 5:50 PM EST
Cadence Design Systems (CDNS) closed the latest trading day at $250.85, indicating a -1.29% change from the previous session's end. See more.
Sep 4, 2024, 6:00 PM EST
In the latest market close, Cadence Design Systems (CDNS) reached $254.13, with a -0.84% movement compared to the previous day. See more.
Sep 4, 2024, 5:34 PM EST
We recently compiled a list of the 20 Under The Radar AI Stocks.In this article, we are going to take a look at where Cadence Design Systems, Inc. See more.