NasdaqGS - Nasdaq Real Time Price USD

Cadence Design Systems, Inc. (CDNS)

305.78
-2.18
(-0.71%)
At close: May 9 at 4:00:00 PM EDT
305.49
-0.29
(-0.09%)
After hours: May 9 at 7:58:16 PM EDT
Loading Chart for CDNS
  • Previous Close 307.96
  • Open 309.53
  • Bid 291.33 x 100
  • Ask 319.57 x 100
  • Day's Range 303.82 - 309.53
  • 52 Week Range 221.56 - 328.99
  • Volume 1,479,900
  • Avg. Volume 2,475,303
  • Market Cap (intraday) 83.491B
  • Beta (5Y Monthly) 1.04
  • PE Ratio (TTM) 77.41
  • EPS (TTM) 3.95
  • Earnings Date Jul 21, 2025 - Jul 25, 2025
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 319.32

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

12,837

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: CDNS

Trailing total returns as of 5/9/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

CDNS
1.77%
S&P 500 (^GSPC)
3.77%

1-Year Return

CDNS
7.19%
S&P 500 (^GSPC)
8.55%

3-Year Return

CDNS
122.90%
S&P 500 (^GSPC)
41.81%

5-Year Return

CDNS
270.82%
S&P 500 (^GSPC)
93.18%

Compare To: CDNS

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Statistics: CDNS

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Valuation Measures

Annual
As of 5/9/2025
  • Market Cap

    83.49B

  • Enterprise Value

    83.19B

  • Trailing P/E

    77.61

  • Forward P/E

    45.05

  • PEG Ratio (5yr expected)

    3.22

  • Price/Sales (ttm)

    17.18

  • Price/Book (mrq)

    17.48

  • Enterprise Value/Revenue

    17.07

  • Enterprise Value/EBITDA

    47.65

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    22.18%

  • Return on Assets (ttm)

    12.73%

  • Return on Equity (ttm)

    25.92%

  • Revenue (ttm)

    4.87B

  • Net Income Avi to Common (ttm)

    1.08B

  • Diluted EPS (ttm)

    3.95

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.91B

  • Total Debt/Equity (mrq)

    51.86%

  • Levered Free Cash Flow (ttm)

    1.26B

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