CADENCE DESIGN SYS INC (CDNS) Stock Price, Quote, News and Overview
NASDAQ:CDNS - Nasdaq - US1273871087 - Common Stock - Currency: USD
CDNS Quote, Performance and Key Statistics
CADENCE DESIGN SYS INC
NASDAQ:CDNS (1/30/2025, 8:10:59 PM)
After market: 297.76 0 (0%)297.76
+7.88 (+2.72%)
The current stock price of CDNS is 297.76 USD. In the past month the price decreased by -1.36%. In the past year, price increased by 0.41%.
CDNS Latest News, Press Releases and Analysis
MediaTek Adopts AI-Driven Cadence Virtuoso Studio and Spectre Simulation on NVIDIA Accelerated Computing Platform for 2nm Designs
Cadence to Acquire Secure-IC, a Leader in Embedded Security IP
Q3 Earnings Roundup: Olo (NYSE:OLO) And The Rest Of The Vertical Software Segment
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Olo (NYSE:OLO) and the best and worst performers in the vertical software industry.
Cadence Announces Fourth Quarter and Fiscal Year 2024 Financial Results Webcast
CDNS Competitors/Peers
Symbol | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| CRM | SALESFORCE INC | 35.42 | 328.80B | ||
| SAP | SAP SE-SPONSORED ADR | 58.2 | 325.87B | ||
| ADBE | ADOBE INC | 24.21 | 196.33B | ||
| PLTR | PALANTIR TECHNOLOGIES INC-A | 232.06 | 184.94B | ||
| INTU | INTUIT INC | 35.56 | 169.24B | ||
| APP | APPLOVIN CORP-CLASS A | 110.76 | 122.66B | ||
| MSTR | MICROSTRATEGY INC-CL A | N/A | 83.27B | ||
| SNPS | SYNOPSYS INC | 39.31 | 81.36B | ||
| TEAM | ATLASSIAN CORP-CL A | 87.52 | 69.55B | ||
| WDAY | WORKDAY INC-CLASS A | 37.42 | 69.18B | ||
| ADSK | AUTODESK INC | 37.43 | 66.64B | ||
| ROP | ROPER TECHNOLOGIES INC | 31.91 | 61.19B |
Related stock screener links
About CDNS
Company Profile
Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 12,703 full-time employees. The firm applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its Custom IC Design and Simulation offerings are used by its customers to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency (RF) designs. Its Digital IC Design and Signoff solutions are used to create logical representations of a digital circuit or an integrated circuit (IC) that can be verified for correctness prior to implementation. Its Functional Verification products are used by its customers to verify that the circuitry or the software they have designed is consistent with the functional specification. Its IP offerings consist of pre-verified, customizable functional blocks. The company also offers multi-domain, engineering simulation solutions.
Company Info
CADENCE DESIGN SYS INC
2655 Seely Avenue Bldg 5
San Jose CALIFORNIA 95134 US
CEO: Lip-Bu Tan
Employees: 11200
Company Website: https://www.cadence.com/
Investor Relations: https://www.cadence.com/en_US/home/company/investors.html
Phone: 14089431234
CDNS FAQ
What is the stock price of CDNS?
The current stock price of CDNS is 297.76 USD.
What is the symbol for CADENCE DESIGN SYS INC stock?
The exchange symbol of CADENCE DESIGN SYS INC is CDNS and it is listed on the Nasdaq exchange.
On which exchange is CDNS stock listed?
CDNS stock is listed on the Nasdaq exchange.
Is CDNS a good stock to buy?
Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for CDNS, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of CDNS.
Does CDNS stock pay dividends?
CDNS does not pay a dividend.
When does CDNS stock report earnings?
CDNS will report earnings on 2025-02-18, after the market close.
What is the Price/Earnings (PE) ratio of CDNS?
The PE ratio for CDNS is 54.44. This is based on the reported non-GAAP earnings per share of 5.47 and the current share price of 297.76 USD.
What is the Short Interest ratio of CDNS stock?
The outstanding short interest for CDNS is 1.65% of its float.
CDNS Technical Analysis
ChartMill assigns a technical rating of 2 / 10 to CDNS. When comparing the yearly performance of all stocks, CDNS turns out to be only a medium performer in the overall market: it outperformed 48.62% of all stocks.
CDNS Fundamental Analysis
ChartMill assigns a fundamental rating of 7 / 10 to CDNS. CDNS scores excellent points on both the profitability and health parts. This is a solid base for a good stock.
CDNS Financial Highlights
Over the last trailing twelve months CDNS reported a non-GAAP Earnings per Share(EPS) of 5.47. The EPS decreased by 15.64% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 23.87% | ||
| ROA | 11.34% | ||
| ROE | 22.77% | ||
| Debt/Equity | 0.54 |
CDNS Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 80% to CDNS. The Buy consensus is the average rating of analysts ratings from 26 analysts.
For the next year, analysts expect an EPS growth of 17.25% and a revenue growth 13.49% for CDNS