Cadence Design Systems Inc

$299.73
(as of May 1, 4:00 PM EST)

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Ticker Information for Cadence Design Systems Inc

Stock Price
$299.73
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
12,837

Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. It 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 performing sign-off checks for manufacturing; and Innovus implementation system, a digital IC design and signoff solution. In addition, the company offers custom IC design and simulation, such as Virtuoso Studio, a solution platform for custom, analog, mixed-signal, photonics, and RF semiconductors; and system design and analysis products, a Multiphysics platform that helps in design and simulate electronics and entire systems in electromagnetic, thermal, structure, computational fluid dynamics, molecular, PCB and packaging, mechanical, and structural analysis. Further, it provides semiconductor IP product for design architectures; Functional Verification; digital ic design and signoff; EDA product that addresses the design and verification for semiconductor chips and manufacturing process technologies; 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. It 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
$81,674,240,000
EBITDA
$1,710,598,016
Dividends per Share
P/E Ratio
75.76
Forward P/E Ratio
43.1
Earnings per Share
$3.93
Earnings per Share Estimate Next Year
Profit Margin
22.19%
Shares Outstanding
274,313,984
Percent Owned by Insiders
0.33%
Percent Owned by Institutions
91.59%
52-Week High
52-Week Low

Technical Indicators for Cadence Design Systems Inc

50-Day Moving Average
200-Day Moving Average
RSI
66.18
11.69

Analyst Ratings for Cadence Design Systems Inc

Strong Buy
13
Buy
5
Hold
3
Sell
0
Strong Sell
1

News About Cadence Design Systems Inc

May 1, 2025, 12:39 AM EST
While profitability is essential, it doesn’t guarantee long-term success. See more.
Apr 30, 2025, 2:38 PM EST
Cadence Design Systems shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 79 to 83. See more.
Apr 30, 2025, 2:26 PM EST
Cadence Design Systems (NASDAQ:CDNS) First Quarter 2025 Results See more.
Apr 29, 2025, 6:45 PM EST
In the opening 30 minutes of the evening session, U.S. equity futures are down marginally – S&P 500 is off by 0.2%, Dow Industrials is down 0.2%, and Nasdaq 100 is off by 0.3%.    See more.