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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
278.610
Open
273.265
VWAP
276.03
Vol
1.88M
Mkt Cap
76.72B
Low
271.600
Amount
520.08M
EV/EBITDA(TTM)
39.86
Total Shares
276.09M
EV
75.98B
EV/OCF(TTM)
43.95
P/S(TTM)
14.34
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 includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
Show More

Events Timeline

(ET)
2026-02-27
16:20:00
Cadence Design Files to Sell 3.22M Shares of Common Stock
select
2026-02-18 (ET)
2026-02-18
10:00:00
Garmin and Others Notable Gainers in Options Trading
select
2026-02-17 (ET)
2026-02-17
19:40:00
Investor Sentiment Uneasy as Major Indices Post Modest Gains
select
2026-02-17
16:10:00
Cadence Reports Q4 Revenue of $1.44B, Beating Expectations
select

News

Fool
4.5
03-23Fool
Trump Halts Strikes on Iran, Futures Surge 1,100 Points
  • Market Rebound: President Trump's announcement to pause military strikes on Iranian energy infrastructure led to a 1,100-point surge in Dow futures, marking a significant improvement in market sentiment and breaking a four-week losing streak, indicating investor optimism about the future.
  • Oil Price Decline: Brent crude prices fell 8% to $102 per barrel as traders priced in the potential resolution of hostilities, which alleviates the risk of an energy-driven recession and further stabilizes the market.
  • Sector Recovery: Airlines and retailers, previously impacted by 'Trumpflation' fears, saw double-digit pre-market gains, reflecting a growing confidence in economic recovery, particularly against the backdrop of declining energy prices.
  • Volatility Index Drop: The Cboe Volatility Index (VIX) significantly decreased following Trump's announcement, indicating a reassessment of market risks by investors and suggesting a higher expectation of stability in the coming days.
CNBC
2.0
03-23CNBC
Trump Pauses Strikes on Iran, Oil Prices Plummet
  • Oil Price Volatility: Trump's announcement to pause strikes on Iranian energy infrastructure has led to a 2% rise in U.S. stock futures and over a 9% drop in international oil prices, which could have significant implications for investor confidence in the energy sector.
  • Microsoft Crisis Deepens: Analysts suggest that Microsoft's reorganization of Copilot and potential lawsuits against OpenAI and Amazon indicate major challenges for the company, as customer demand shifts towards AI tools, potentially impacting future revenue streams.
  • Darden Restaurants Price Target Raised: Bank of America has increased its price target for Darden Restaurants from $262 to $272, reflecting strong market confidence in its brands like Olive Garden, which may attract more investor interest.
  • Elliott Management Targets Synopsys: Activist investor Elliott holds a multibillion-dollar stake in Synopsys, aiming to enhance its financial performance, resulting in a more than 4% increase in share price, indicating market recognition of its potential value.
Fool
8.5
03-23Fool
Elliott Builds Major Stake in Synopsys to Enhance Profitability
  • Investor Stake Increase: Elliott Investment Management has built a multibillion-dollar stake in chip design software company Synopsys, aiming to enhance its software and services profitability, which is expected to positively impact the company's future financial performance.
  • Positive Market Reaction: Following the news of Elliott's stake increase, Synopsys's stock rose by 2.5% in early trading, indicating optimistic market sentiment regarding its growth potential and likely attracting more investor interest.
  • Strong Industry Demand: Nvidia CEO Jensen Huang stated at the Synopsys Converge 2026 conference that the number of Synopsys tool users is set to soar, reflecting the ongoing demand for efficient tools in the chip design industry and further solidifying Synopsys's market position.
  • AI's Profound Impact: Analysts noted that while AI will change workflows, the demand for subscriptions to Synopsys and Cadence will remain robust, with expectations that user engagement will significantly rise as AI features expand, thereby driving revenue growth for the company.
stocktwits
6.5
03-23stocktwits
Synopsys Stock Rallies as Elliott Investment Takes Stake
  • Stock Surge: Synopsys shares jumped 4% in after-hours trading on Sunday after reports revealed that Elliott Investment Management built a multimillion-dollar stake, aiming to drive changes that enhance its competitiveness in the global chip industry.
  • Sentiment Shift: Stocktwits data indicates that sentiment for Synopsys flipped from 'bearish' to 'bullish', reflecting increased investor confidence in the company's future, which could further propel its stock price upward.
  • Financial Performance Review: Despite a record 38% year-over-year revenue growth to $2.3 billion in Q1, Synopsys reported a 78% decline in net income to $65 million, indicating a need for improvement in profitability to better reflect its market value.
  • Positive Industry Outlook: Elliott believes that as AI drives increased chip complexity and capital investment, Synopsys's unique positioning will allow it to seize growth opportunities, thereby boosting sales and margins to align more closely with competitor Cadence's performance.
Marketbeat
9.5
03-18Marketbeat
Keysight: The Unsung Champion of the AI and Defense Investment Surge
  • Company Performance: Keysight Technologies has experienced significant growth, with shares rising over 80% in the past year, driven by increasing demand in the AI and defense markets, and a 23% revenue increase reported in its latest earnings call.

  • Revenue Breakdown: The company's revenue is heavily weighted towards hardware, which accounts for the majority of its income, while software and services contribute around 40%. This difference in revenue sources highlights the company's strong position in hardware sales.

  • Market Position: Keysight operates in a niche that focuses on validating real-world performance of technologies across various sectors, including AI, 5G, and defense, positioning itself as a key player in electronic development and testing.

  • Future Outlook: The company anticipates continued revenue growth of around 20% for the year, supported by strong demand in the defense sector and a robust pipeline of orders, indicating a positive trajectory for its business in the coming years.

NASDAQ.COM
4.5
03-17NASDAQ.COM
US Stocks Rise Amid Oil Price Surge and Economic Data
  • Market Performance: The S&P 500 Index rose by 0.64%, the Dow Jones Industrial Average increased by 0.59%, and the Nasdaq 100 Index climbed by 0.80%, indicating strong support from chipmakers and travel stocks, reflecting investor confidence in economic recovery.
  • Employment Data Impact: The ADP report revealed an increase of only 9,000 jobs in February, the smallest gain in five weeks, signaling a slowdown in hiring by US employers, which contributed to a 2 basis point drop in the 10-year T-note yield to 4.20%, providing support for stocks.
  • Oil Price Volatility: WTI crude oil prices surged over 1% due to Iranian attacks on key energy infrastructure in the Middle East, with the IEA warning that the conflict could disrupt global oil supply by 8 million barrels per day, further driving up prices.
  • Fed Policy Expectations: The market widely anticipates that the Federal Reserve will keep interest rates unchanged at the upcoming FOMC meeting, despite the core PCE price index exceeding target levels, indicating persistent inflation pressures that may influence future monetary policy.
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
Rosenblatt
Neutral -> Buy
upgrade
$335 -> $360
AI Analysis
2026-02-18
Reason
Rosenblatt
Price Target
$335 -> $360
AI Analysis
2026-02-18
upgrade
Neutral -> Buy
Reason
Rosenblatt upgraded Cadence Design to Buy from Neutral with a price target of $360, up from $335. The firm views the company's Q4 results as solid "across the board." Rosenblatt cites the stock's pullback since September and its view that AI is a "tailwind and not a threat" to Cadence Design for the upgrade.
BofA
Vivek Arya
Buy
downgrade
$400 -> $375
2026-02-18
Reason
BofA
Vivek Arya
Price Target
$400 -> $375
2026-02-18
downgrade
Buy
Reason
BofA analyst Vivek Arya lowered the firm's price target on Cadence Design to $375 from $400 and keeps a Buy rating on the shares. Following a "decent Q4/Q1 beat" and FY26 guidance, the firm raised its FY26 and FY27 pro-forma EPS estimates 2% each, but trimmed its multiple given recent software volatility.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CDNS
Unlock Now

Valuation Metrics

The current forward P/E ratio for Cadence Design Systems Inc (CDNS.O) is 40.29, compared to its 5-year average forward P/E of 43.25. 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
43.25
Current PE
40.29
Overvalued PE
48.31
Undervalued PE
38.19

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
32.47
Current EV/EBITDA
30.22
Overvalued EV/EBITDA
36.27
Undervalued EV/EBITDA
28.67

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
14.48
Current PS
14.69
Overvalued PS
16.39
Undervalued PS
12.57

Financials

AI Analysis
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Quarterly

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Whales Holding CDNS

F
Freemont Capital Pte. Ltd.
Holding
CDNS
+9.08%
3M Return
V
Van Eck Associates Corporation
Holding
CDNS
+7.08%
3M Return
L
Liontrust Asset Management PLC
Holding
CDNS
+3.15%
3M Return
R
Rathbones Investment Management Limited
Holding
CDNS
+3.11%
3M Return
T
Tudor Investment Corporation
Holding
CDNS
+3.04%
3M Return
V
Vontobel Asset Management AG
Holding
CDNS
+2.98%
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 277.87 USD — it has increased 2.58

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 includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), 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 1.44B USD, increased 6.20

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 1.42 USD, increased 14.52

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

Cadence Design Systems Inc (CDNS) has 13800 emplpoyees as of April 01 2026.

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

Today CDNS has the market capitalization of 76.72B USD.