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CDNS Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
364.500
Open
359.030
VWAP
362.01
Vol
842.56K
Mkt Cap
100.04B
Low
358.600
Amount
305.02M
EV/EBITDA(TTM)
50.50
Total Shares
275.82M
EV
101.40B
EV/OCF(TTM)
63.47
P/S(TTM)
17.93
Cadence Design Systems, Inc. is an electronic systems designing company. The Company applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category provides solutions and services that enable the design and verification of complete electronic systems, from PCBs to complex system assemblies. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things, and artificial intelligence (AI).
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Events Timeline

(ET)
2026-05-11
09:20:00
Aeva Licenses Cadence Tensilica DSP to Accelerate 4D LiDAR Systems
select
2026-04-27 (ET)
2026-04-27
19:40:00
Equity Futures Slightly Up, Tech Stocks Perform Strongly
select
2026-04-27
16:10:00
Cadence Q1 Revenue $1.474B Beats Expectations
select

News

NASDAQ.COM
4.5
05-04NASDAQ.COM
Middle East Tensions Weigh on Stock Market Performance
  • Market Decline: The S&P 500 index fell by 0.41%, the Dow Jones Industrial Average dropped by 1.13%, and the Nasdaq 100 index decreased by 0.21%, reflecting investor concerns over escalating tensions in the Middle East, which dampened market sentiment.
  • Oil Price Surge: WTI crude oil prices surged over 4% following exchanges of fire between the US and Iran in the Strait of Hormuz, raising inflation expectations and pushing bond yields higher, with the 10-year T-note yield reaching a five-week high of 4.46%.
  • Strong Economic Data: US March factory orders rose by 1.5% month-over-month, exceeding expectations of 0.6%, marking the largest increase in four months, indicating economic resilience that could provide support to the stock market.
  • Earnings Optimism: As of Monday, 82% of the 322 S&P 500 companies that reported Q1 earnings exceeded estimates, with projected earnings growth of 12% year-over-year for Q1, although excluding the technology sector, the growth is only 3%, highlighting performance disparities across sectors.
moomoo
5.0
05-01moomoo
Cadence Design Systems (CDNS.US) Officer Plans to Sell $3.46 Million in Common Stock via Form 144
  • Stock Sale Announcement: Officer Paul Scannell intends to sell 10,500 shares of Cadence Design Systems' common stock on May 1.
  • Market Value: The total market value of the shares to be sold is approximately $3.46 million.
CNBC
2.0
04-28CNBC
Tech Stocks Decline Following OpenAI Misses
  • Oracle Stock Drop: Oracle's shares fell over 3% after OpenAI missed its user and revenue targets, raising concerns about the sustainability of AI spending and impacting its $300 billion five-year partnership with OpenAI.
  • Chip Stocks Decline: Following the OpenAI news, Nvidia and AMD saw declines of over 3% and 4%, respectively, while Arm Holdings plummeted more than 8%, indicating a waning market confidence in AI infrastructure.
  • Centene Guidance Raise: Centene's shares surged 12% after it raised its full-year adjusted EPS guidance to over $3.40, surpassing the market consensus of $3.02, reflecting strong performance in the health insurance sector.
  • Erasca Stock Plunge: Erasca's stock cratered nearly 50% after reporting a patient death in an early-stage trial, despite analysts viewing the incident as isolated, highlighting investor sensitivity to risks in the biotech sector.
Newsfilter
9.5
04-28Newsfilter
Cadence Design Systems Reports Strong Q1 Results Exceeding Expectations
  • Strong Performance: Cadence Design Systems reported Q1 results that exceeded revenue and adjusted earnings estimates, indicating robust demand and sustained growth potential in the design software market.
  • Significant Revenue Growth: While specific figures were not disclosed, the substantial revenue growth reflects strong customer demand for its innovative products, driving overall performance improvements.
  • Analyst Target Increases: Following the strong performance, analysts have raised their price targets for Cadence, signaling a positive outlook on its future growth prospects, which could further drive stock price appreciation.
  • Competitive Market Advantage: Cadence's successful results not only solidify its leadership position in the design software industry but may also attract more investor attention, enhancing its market competitiveness and brand influence.
CNBC
9.5
04-28CNBC
OpenAI Misses Revenue Targets; Coca-Cola Reports Strong Quarter
  • OpenAI Revenue Decline: According to The Wall Street Journal, OpenAI fell short of its internal revenue growth and user targets, leading to a decline in its overall valuation, which negatively impacted related companies like Softbank and Oracle.
  • Coca-Cola Strong Performance: Coca-Cola reported first-quarter revenue of $12.5 billion and earnings per share of $0.86, both exceeding market expectations, with a 10% organic growth indicating its robust position in the sluggish consumer goods sector despite having a few extra days in the quarter.
  • UPS Steady Performance: UPS achieved top and bottom line beats in the first quarter and reaffirmed its full-year guidance, demonstrating a recovery in growth after cutting costs and winding down its partnership with Amazon.
  • Spotify Growth Struggles: Despite Spotify's first-quarter earnings per share of €4.04 beating expectations, the stock fell over 8% due to a disappointing outlook for the current quarter, indicating investor concerns over its operating income and gross margin guidance.
seekingalpha
9.5
04-28seekingalpha
Cadence Design Systems Q1 Results Exceed Expectations
  • Earnings Beat: Cadence Design Systems reported first-quarter results that exceeded expectations, with shares dipping about 2% in premarket trading; however, analysts remain optimistic, as Needham maintains a Buy rating with a $400 price target, reflecting confidence in future growth.
  • Record Backlog: The company reported a record $8 billion backlog, and despite dilution from Hexagon affecting revenue and EPS, analysts believe this indicates stronger fundamentals, suggesting significant growth potential ahead.
  • AI Tool Market Potential: Management emphasized that strong growth in agentic AI tools, based on the new subscription + consumption model, will create incremental opportunities, with expectations for a meaningful uplift in guidance for the second half of 2026, showcasing the company's competitive edge in the AI space.
  • Improved Pricing Environment: Analysts noted that EDA's share of customer R&D spending has risen from approximately 7% historically to about 11%, with further expansion expected as AI drives greater automation, leading to structural growth and margin tailwinds that are currently absent from consensus estimates.
Wall Street analysts forecast CDNS stock price to rise
5 Analyst Rating
Wall Street analysts forecast CDNS stock price to rise
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
275.00
Averages
350.00
High
390.00
Current: 0.000
sliders
Low
275.00
Averages
350.00
High
390.00
Citi
Buy
maintain
$385 -> $400
AI Analysis
2026-04-29
Reason
Citi
Price Target
$385 -> $400
AI Analysis
2026-04-29
maintain
Buy
Reason
Citi raised the firm's price target on Cadence Design to $400 from $385 and keeps a Buy rating on the shares.
Berenberg
Buy
maintain
$380 -> $400
2026-04-29
Reason
Berenberg
Price Target
$380 -> $400
2026-04-29
maintain
Buy
Reason
Berenberg raised the firm's price target on Cadence Design to $400 from $380 and keeps a Buy rating on the shares. The firm views the company's Q1 results as "decent." Cadence's upgraded 2026 outlook is conservative and has room for upside potential, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CDNS
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Valuation Metrics

The current forward P/E ratio for Cadence Design Systems Inc (CDNS.O) is 44.64, compared to its 5-year average forward P/E of 43.28. For a more detailed relative valuation and DCF analysis to assess Cadence Design Systems Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
43.28
Current PE
44.64
Overvalued PE
48.35
Undervalued PE
38.21

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
32.59
Current EV/EBITDA
42.62
Overvalued EV/EBITDA
36.39
Undervalued EV/EBITDA
28.78

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
14.33
Current PS
14.03
Overvalued PS
16.31
Undervalued PS
12.36

Financials

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Whales Holding CDNS

S
Schroder Investment Management Limited
Holding
CDNS
+57.33%
3M Return
V
Van Eck Associates Corporation
Holding
CDNS
+27.45%
3M Return
C
Cantor Fitzgerald Asset Management
Holding
CDNS
+25.06%
3M Return
A
Ak Portföy Yönetimi AS
Holding
CDNS
+24.02%
3M Return
B
Bluebox Asset Management Uk Ltd.
Holding
CDNS
+20.01%
3M Return
S
Security Investors, LLC
Holding
CDNS
+15.35%
3M Return

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Frequently Asked Questions

What is Cadence Design Systems Inc (CDNS) stock price today?

The current price of CDNS is 362.93 USD — it has increased 0.06

What is Cadence Design Systems Inc (CDNS)'s business?

Cadence Design Systems, Inc. is an electronic systems designing company. The Company applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category provides solutions and services that enable the design and verification of complete electronic systems, from PCBs to complex system assemblies. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things, and artificial intelligence (AI).

What is the price predicton of CDNS Stock?

Wall Street analysts forecast CDNS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CDNS is350.00 USD with a low forecast of 275.00 USD and a high forecast of 390.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Cadence Design Systems Inc (CDNS)'s revenue for the last quarter?

Cadence Design Systems Inc revenue for the last quarter amounts to 1.47B USD, increased 18.66

What is Cadence Design Systems Inc (CDNS)'s earnings per share (EPS) for the last quarter?

Cadence Design Systems Inc. EPS for the last quarter amounts to 1.23 USD, increased 23.00

How many employees does Cadence Design Systems Inc (CDNS). have?

Cadence Design Systems Inc (CDNS) has 13800 emplpoyees as of May 11 2026.

What is Cadence Design Systems Inc (CDNS) market cap?

Today CDNS has the market capitalization of 100.04B USD.