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Cadence Design Systems, Inc. (CDNS)

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256.69
-5.85
(-2.23%)
At close: March 28 at 4:00:01 PM EDT
252.41
-4.28
(-1.67%)
Pre-Market: 4:24:18 AM EDT
Loading Chart for CDNS
  • Previous Close 262.54
  • Open 262.31
  • Bid 256.35 x 100
  • Ask 257.05 x 200
  • Day's Range 255.87 - 263.23
  • 52 Week Range 230.09 - 328.99
  • Volume 1,249,058
  • Avg. Volume 2,112,822
  • Market Cap (intraday) 70.414B
  • Beta (5Y Monthly) 1.05
  • PE Ratio (TTM) 66.67
  • EPS (TTM) 3.85
  • Earnings Date Apr 21, 2025 - Apr 25, 2025
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 317.85

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.

www.cadence.com

12,700

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: CDNS

Trailing total returns as of 3/28/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

CDNS
14.57%
S&P 500 (^GSPC)
5.11%

1-Year Return

CDNS
17.54%
S&P 500 (^GSPC)
6.22%

3-Year Return

CDNS
57.99%
S&P 500 (^GSPC)
21.97%

5-Year Return

CDNS
312.15%
S&P 500 (^GSPC)
119.59%

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Statistics: CDNS

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Valuation Measures

Annual
As of 3/28/2025
  • Market Cap

    70.41B

  • Enterprise Value

    70.21B

  • Trailing P/E

    66.67

  • Forward P/E

    38.17

  • PEG Ratio (5yr expected)

    2.70

  • Price/Sales (ttm)

    15.14

  • Price/Book (mrq)

    15.07

  • Enterprise Value/Revenue

    15.13

  • Enterprise Value/EBITDA

    42.12

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    22.74%

  • Return on Assets (ttm)

    11.86%

  • Return on Equity (ttm)

    26.13%

  • Revenue (ttm)

    4.64B

  • Net Income Avi to Common (ttm)

    1.06B

  • Diluted EPS (ttm)

    3.85

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.78B

  • Total Debt/Equity (mrq)

    56.20%

  • Levered Free Cash Flow (ttm)

    1B

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