Cadence Design Systems Inc (CDNS)

Currency in USD
304.10
+11.73(+4.01%)
Closed·
304.90+0.80(+0.26%)
·
Earnings results expected in 12 days
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Fair Value
Day's Range
293.51307.46
52 wk Range
247.70376.45
Key Statistics
Prev. Close
292.37
Open
295
Day's Range
293.51-307.46
52 wk Range
247.7-376.45
Volume
2.36M
Average Vol. (3m)
2.57M
1-Year Change
15.0543%
Book Value / Share
20.11
Fair Value
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Fair Value Upside
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CDNS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
371.68
Upside
+22.22%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple

Cadence Design Systems Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including Innovus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI express, universal accelerator and compute express links, and multiple memory interfaces; and Tensilica, a digital signal processor. In addition, the company’s design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and OrCAD X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AWR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphysics platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA for the development of engineering solutions tailored for agentic AI chip and system design. The company was incorporated in 1987 and is headquartered in San Jose, California.

Employees
13800

Cadence Design Systems Inc SWOT Analysis


Analyst Outlook
Learn about analyst perspectives on Cadence, with price targets ranging from $328 to $375, reflecting optimism about the company's future prospects
Market Challenges
Uncover the geopolitical risks and competitive pressures facing Cadence, including flat projections for China and the need for continuous innovation
Financial Strength
Delve into Cadence's robust financials, including an $86B market cap, 85.86% gross margins, and a record-breaking $6.8B Q4 backlog
AI-Driven Growth
Explore Cadence's expansion into Physical AI, a promising market for semiconductors, opening new opportunities and fueling long-term growth potential
Read full SWOT analysis

Cadence Design Systems Inc Earnings Call Summary for Q3/2025

  • Q3 2025 EPS of $1.93 beat $1.79 forecast; revenue of $1.34B slightly above expectations. Stock rose 1.83% in regular trading, 3.45% after hours.
  • Full-year revenue guidance raised to 14% growth, EPS guidance to 18% growth. Strong performance in AI-driven design solutions highlighted.
  • Backlog increased to $7B from $6.4B. Cash balance at $2.753B. Non-GAAP Operating Margin at 47.6%.
  • CEO emphasized Cadence's essential role in AI infrastructure design. Partnerships with Samsung and TSMC deepened.
  • Analysts focused on China business normalization, IP growth exceeding 20%, and ongoing demand for hardware solutions.
Last Updated: 10/27/2025, 06:29 PM
Read Full Transcript

Compare CDNS to Peers and Sector

Metrics to compare
CDNS
Peers
Sector
Relationship
P/E Ratio
75.7x65.4x12.7x
PEG Ratio
13.35−0.880.01
Price / Book
15.3x3.8x2.4x
Price / LTM Sales
15.9x2.9x2.3x
Upside (Analyst Target)
29.0%8.7%26.9%
Fair Value Upside
Unlock−8.6%3.4%Unlock

Analyst Ratings

24 Buy
2 Hold
0 Sell
Ratings:
26 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 371.68
(+22.22% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Berenberg
Buy380.00+24.96%400.00MaintainFeb 19, 2026
Stifel
Buy395.00+29.89%395.00MaintainFeb 18, 2026
Morgan Stanley
Buy370.00+21.67%385.00MaintainFeb 18, 2026
KeyBanc
Buy405.00+33.18%-MaintainFeb 18, 2026
Rosenblatt
Buy360.00+18.38%335.00UpgradeFeb 18, 2026

Earnings

Latest Release
Feb 17, 2026
EPS / Forecast
1.99 / 1.91
Revenue / Forecast
1.44B / 1.42B
EPS Revisions
Last 90 days

CDNS Income Statement

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FAQ

What Is the Cadence Design (CDNS) Stock Price Today?

The Cadence Design stock price today is 304.10 USD.

What Stock Exchange Does Cadence Design Trade On?

Cadence Design is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Cadence Design?

The stock symbol for Cadence Design is "CDNS."

What Is the Cadence Design Market Cap?

As of today, Cadence Design market cap is 80.72B USD.

What Is Cadence Design's Earnings Per Share (TTM)?

The Cadence Design EPS (TTM) is 4.06.

When Is the Next Cadence Design Earnings Date?

Cadence Design will release its next earnings report on Apr 27, 2026.

From a Technical Analysis Perspective, Is CDNS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Cadence Design Stock Split?

Cadence Design has split 3 times.

How Many Employees Does Cadence Design Have?

Cadence Design has 13800 employees.

What is the current trading status of Cadence Design (CDNS)?

As of Apr 15, 2026, Cadence Design (CDNS) is trading at a price of 304.10 USD, with a previous close of 292.37 USD. The stock has fluctuated within a day range of 293.51 USD to 307.46 USD, while its 52-week range spans from 247.70 USD to 376.45 USD.

What Is Cadence Design (CDNS) Price Target According to Analysts?

The average 12-month price target for Cadence Design is 371.68 USD, with a high estimate of 410 USD and a low estimate of 275 USD. 24 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +22.22% Upside potential.

What Is the CDNS Premarket Price?

CDNS's last pre-market stock price is 293.11 USD. The pre-market share volume is 13,000.00, and the stock has decreased by 0.74, or 0.25%.

What Is the CDNS After Hours Price?

CDNS's last after hours stock price is 304.90 USD, the stock has decreased by 0.80, or 0.26%.
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