Cadence Design Systems (CDNS) Stock Price
Cadence Design Systems Price
Revenue has compounded at 6.9% per year over the past 19 years to 5.30 B USD. Earnings per share have grown at 12.1% per year over the last 19 years. Cadence Design Systems's net margin stands at 20.9%, down from 23.3% several years earlier. Analysts set a median price target of 425.00 USD, implying 18.2% above the current price. Of 32 analysts, 29 rate the stock a buy — an overall Buy consensus.
Cadence Design Systems stock price
Cadence Design Systems business model & stock analysis
Frequently asked questions about Cadence Design Systems
Cadence Design Systems Inc. follows a fabless business model, specializing in electronic design automation (EDA) software, hardware, and services. As a leading provider in the industry, Cadence develops tools and technologies that facilitate the design and development of integrated circuits and electronic devices. Their comprehensive suite of software solutions enables users to design, verify, and implement advanced semiconductor technologies, enhancing productivity and efficiency. By focusing on innovation and collaboration, Cadence empowers companies to create cutting-edge products and stay competitive in today's fast-paced electronics industry.
Cadence Design Systems Inc is primarily active in the semiconductor industry and offers software, hardware, and intellectual property solutions. The company provides tools for designing integrated circuits, systems on chips, and electronic devices, serving various sectors including automotive, aerospace and defense, consumer electronics, healthcare, and telecommunications. Cadence Design Systems Inc's comprehensive portfolio caters to the needs of semiconductor companies and design engineers, enabling efficient development and optimization of electronic products.
The main competitors of Cadence Design Systems Inc in the market include Synopsys Inc, Mentor Graphics Corporation, and Ansys Inc.
Cadence Design Systems Inc. is a leading technology company specializing in electronic design automation (EDA) software, intellectual property (IP), and services. Established in 1988, Cadence has a rich history and a strong reputation in providing innovative solutions for designing electronic systems and integrated circuits (ICs). With its headquarters in California, USA, Cadence has expanded globally and serves a diverse range of industries including semiconductors, automotive, aerospace, and telecommunications. The company's commitment to innovation and customer satisfaction has made it a trusted partner for designing the next generation of electronic products. Cadence Design Systems Inc. continues to drive technological advancements in the EDA industry, enabling companies to achieve faster time-to-market and higher quality designs.
Cadence Design Systems Inc has achieved several significant milestones throughout its history. The company has successfully established itself as a leading provider of electronic design automation (EDA) software, hardware, and related services. It has played a pivotal role in revolutionizing the semiconductor industry by introducing innovative solutions and technologies. Cadence has consistently delivered groundbreaking products that have empowered its customers to drive technological advancements and achieve enhanced chip design productivity. The company's commitment to research and development, strategic partnerships, and customer-centric approach has propelled its growth and cemented its position as a trusted and influential player in the EDA space.
Cadence Design Systems Inc is primarily present in multiple countries and regions worldwide. As a leading provider of electronic design automation (EDA) software and services, Cadence operates in North America, Europe, Asia Pacific, and other key markets globally. The company serves a wide range of industries including semiconductor, computer, telecommunications, consumer electronics, and more. With its strong presence in major technological hubs such as the United States, China, India, Japan, Germany, and the United Kingdom, Cadence Design Systems Inc continues to expand its reach and deliver innovative solutions to meet the evolving needs of its global clientele.
Cadence Design Systems Inc represents values of innovation, collaboration, and customer success. With a corporate philosophy centered around delivering the most advanced electronic design automation (EDA) software, Cadence is committed to enabling its customers to design and develop cutting-edge semiconductor products. Through their extensive product portfolio and dedication to continuous improvement, Cadence empowers engineers and designers to create innovative solutions that drive technological advancements across a wide range of industries. They prioritize customer satisfaction and strive to build long-term partnerships, making Cadence a trusted name in the semiconductor industry.
Analysts currently set an average price target of 404.56 USD for the Cadence Design Systems stock (median: 425.00 USD), implying +12.5 % versus the latest price. The consensus is based on 32 analyst ratings.
32 analysts currently rate the Cadence Design Systems stock: 29 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Cadence Design Systems to generate revenue of 6.32 B USD and earnings per share of 8.12 USD.
Converted at the current exchange rate, the Cadence Design Systems share trades at 319.55 EUR (359.55 USD).
The Cadence Design Systems share (CDNS) is listed on 11 stock exchanges, including: NASDAQ (CDNS), London (0HS2.L), SIX (Zürich) (CDS.SW), XETRA (CDS.DE), Frankfurt (CDS.F), München (CDS.MU), Stuttgart (CDS.SG), Düsseldorf (CDS.DU).
Cadence Design Systems Inc. is a leading provider of software, hardware, and services in the field of electronic design automation (EDA). The company offers solutions for the development of semiconductors, integrated circuits (ICs), systems on a chip (SoCs), and electronic devices. Cadence's business model can be divided into three main areas: design software, IP products, and services. The company's design software includes solutions for planning, simulation, verification, and implementation of semiconductor designs. Cadence offers these solutions under the brands Virtuoso, Encounter, Genus, and Innovus. Cadence's IP products include a wide range of design blocks that can be integrated into semiconductor designs. These blocks include IP cores, interface IP, memory IP, protocol IP, and analog IP. IP products help developers reduce the complexity of semiconductor designs and shorten time-to-market. Cadence's services include training, consulting, and custom development. The company also offers support and maintenance for its products. Training and consulting help customers improve their design capabilities and optimize their results. Custom development supports customers in the development of complex semiconductor designs. Cadence serves a variety of industries, including automotive, aerospace, consumer goods, industrial, medical technology, and telecommunications. The company has a global presence with offices in North and South America, Europe, Asia, and the Pacific region. Cadence's business model is designed to align with the development cycles of its customers. The semiconductor design process can take months to years. Cadence focuses on the success of its customers and offers solutions that accelerate the design process and reduce complexity. Cadence's customer-first strategy is reflected in the excellent customer service it provides. The company works closely with its customers to offer them solutions that meet their requirements. Additionally, Cadence offers opportunities for collaboration. The company has partnerships with hardware and software companies, as well as research and educational institutions around the world. This allows customers to benefit from the best resources and talents from around the world. Cadence also emphasizes sustainability. The company is committed to minimizing the environmental impact of its business activities. Cadence is working to reduce its waste and emissions and optimize its production processes. Overall, Cadence Design Systems Inc.'s business model is aligned with the needs of its customers. The company offers solutions that accelerate the design process, reduce complexity, and shorten time-to-market. Cadence's commitment to sustainability, partnerships, and customer service makes it a trusted partner for customers in a variety of industries.
The expected revenue of Cadence Design Systems is 6.32 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Cadence Design Systems is 2.22 B USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Cadence Design Systems is currently 44.27. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Cadence Design Systems stock.
The price-to-sales ratio (P/S) of Cadence Design Systems is currently 15.52. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Cadence Design Systems stock.
The Eulerpool Quality Score for Cadence Design Systems is 8/10.
The ISIN of Cadence Design Systems is US1273871087. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Cadence Design Systems is 873567. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Cadence Design Systems is CDNS. The ticker symbol is used to trade Cadence Design Systems shares on the stock exchange.
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All fundamentals and in-depth analysis of Cadence Design Systems
Our stock analysis for Cadence Design Systems stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cadence Design Systems. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.