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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
331.040
Open
319.745
VWAP
326.54
Vol
750.54K
Mkt Cap
87.94B
Low
318.920
Amount
245.08M
EV/EBITDA(TTM)
45.74
Total Shares
276.09M
EV
87.19B
EV/OCF(TTM)
50.43
P/S(TTM)
16.43
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)
2026-04-15
14:10:00
Broadcom and Meta Expand Strategic Partnership to Support AI Infrastructure
select
2026-04-15
13:40:00
Cadence Partners with Google to Optimize AI Super Agent
select
2026-04-15
13:40:00
Cadence Expands Partnership with NVIDIA to Enhance Engineering Design Efficiency
select
2026-04-13 (ET)
2026-04-13
18:40:00
Investor Sentiment Recovers, Software Stocks Surge
select
2026-02-27 (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

News

NASDAQ.COM
4.5
04-20NASDAQ.COM
Stock Markets Decline Amid Soaring Oil Prices and Geopolitical Tensions
  • Oil Price Surge Impacts Markets: The S&P 500 index fell 0.24%, the Dow Jones Industrial Average dropped 0.01%, and the Nasdaq 100 index declined 0.31% on Monday as WTI crude prices surged over 6%, indicating market sensitivity to rising energy costs amid geopolitical tensions.
  • Geopolitical Risks Escalate: The closure of the Strait of Hormuz by Iran has raised market concerns, especially following U.S. Navy actions against Iranian tankers, which could exacerbate global oil and fuel shortages, further unsettling investor sentiment.
  • Earnings Season Continues: So far, 81% of the 48 S&P 500 companies that reported earnings exceeded expectations, with Q1 earnings projected to rise 12% year-over-year; however, excluding the tech sector, growth is only expected at 3%, highlighting signs of economic weakness.
  • Airline Stocks Under Pressure: Airline stocks retreated as rising oil prices weighed on profits, with American Airlines and Alaska Air both down over 4%, reflecting the direct impact of fuel costs on company earnings and potential downward revisions in future profit expectations.
seekingalpha
3.5
04-20seekingalpha
Cadence Design's AI Product Poised to Transform EDA Industry
  • AI Product Launch: Cadence Design Systems' new agentic AI product saw a 2% increase in Monday trading, with analysts suggesting it could significantly enhance productivity in electronic design automation (EDA) and chip design, potentially transforming the semiconductor industry.
  • Market Expectations Rise: Needham analysts raised Cadence's price target from $390 to $400 while maintaining a Buy rating, anticipating that agentic AI will drive substantial growth in EDA licenses, reflecting strong market confidence in this technology.
  • Productivity Improvement Potential: Analysts noted that agentic AI could enable productivity improvements of 10x, 100x, or even 1,000x in chip design, fundamentally altering EDA economics by reducing reliance on engineer salaries for design costs.
  • Changing Competitive Landscape: The application of agentic AI is set to eliminate labor bottlenecks in chip design, with future design costs increasingly determined by token costs, marking a significant transformation in the EDA industry.
NASDAQ.COM
8.0
04-17NASDAQ.COM
Invesco and Chevron See Surge in Options Trading Volume
  • Invesco Options Volume: Invesco Ltd saw options trading volume of 27,889 contracts, equivalent to approximately 2.8 million shares, representing about 48.4% of its average daily trading volume of 5.8 million shares over the past month, indicating a significant increase in market interest.
  • High Volume Contracts: Particularly, the $26 strike call option for Invesco has seen a notable trading volume of 12,521 contracts today, representing around 1.3 million underlying shares, suggesting heightened investor expectations for future price increases.
  • Chevron Options Volume: Chevron Corporation experienced options trading volume of 67,418 contracts, translating to approximately 6.7 million shares, which is about 47.8% of its average daily trading volume of 14.1 million shares over the past month, reflecting active trading sentiment in the market.
  • Put Option Focus: For Chevron, the $180 strike put option has recorded a trading volume of 3,949 contracts, equivalent to approximately 394,900 shares, indicating investor concerns regarding potential downside risks in its stock price.
Fool
7.5
04-16Fool
Microsoft and Stellantis Forge Strategic AI Partnership
  • Strategic Partnership: Microsoft and Stellantis have established a five-year strategic partnership aimed at co-developing AI and cybersecurity tools, with plans to launch over 100 AI initiatives, significantly enhancing technological competitiveness in the automotive sector.
  • Cloud Migration: Stellantis is shifting its primary tech focus to Microsoft's Azure cloud platform, aiming for a 60% reduction in its physical data center footprint by 2029, which will streamline operations through modernized infrastructure.
  • Digital Security Enhancement: The partnership integrates AI-driven analytics across manufacturing sites and connected vehicles to counter emerging cyber threats, thereby protecting the privacy of millions of drivers and enhancing brand trust.
  • Positive Market Reaction: Microsoft's stock has surged 10% over the past three days, marking its strongest short-term rally since 2020, with analysts suggesting this indicates growing market confidence in AI integration.
NASDAQ.COM
6.5
04-16NASDAQ.COM
Recent Updates on AI Stocks and Synopsys
  • AI Stock Outlook: The recent video discusses updates affecting Synopsys and other AI stocks, highlighting the potential of AI in the future economy, although specific data was not provided, it has sparked investor interest.
  • Unique Company Report: The team released a report on a company dubbed an 'Indispensable Monopoly' that provides critical technology needed by Nvidia and Intel, which could impact the market positions of these giants.
  • Investment Recommendations: The Motley Fool analyst team identified 10 best stocks for investors, notably excluding Microsoft, indicating a shift in market focus towards other potential stocks that may influence investor decisions.
  • Historical Return Comparison: It mentions that Netflix and Nvidia were previously on the recommendation list, where a $1,000 investment at the time would now be worth $573,160 and $1,204,712 respectively, showcasing the strong performance of Motley Fool Stock Advisor.
Fool
4.5
04-16Fool
Recent Updates on Synopsys and AI Stocks
  • Market Movement: On April 12, 2026, Synopsys saw a post-market price increase of 4.67%, indicating heightened investor confidence and ongoing interest in its role within the AI sector.
  • Video Update: Today's video discusses recent updates affecting Synopsys and other AI stocks, providing in-depth analysis of market trends to help investors navigate the current investment landscape.
  • Investor Engagement: The video encourages viewers to subscribe and click on a special offer link, reflecting the content creator's intent to enhance viewer engagement and loyalty, which could drive long-term channel growth.
  • Information Dissemination: By utilizing video format to convey market information, the combination of visual and auditory elements aims to attract viewers, highlighting the modern investor's preference for multimedia content, which may influence future content creation strategies.
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 38.31, compared to its 5-year average forward P/E of 43.30. 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
43.30
Current PE
38.31
Overvalued PE
48.37
Undervalued PE
38.23

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
32.51
Current EV/EBITDA
34.15
Overvalued EV/EBITDA
36.25
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
14.32
Current PS
12.44
Overvalued PS
16.30
Undervalued PS
12.34

Financials

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Quarterly

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Whales Holding CDNS

S
Schroder Investment Management Limited
Holding
CDNS
+58.82%
3M Return
N
Numeric Investors LLC
Holding
CDNS
+45.38%
3M Return
V
Van Eck Associates Corporation
Holding
CDNS
+12.97%
3M Return
T
The Renaissance Group LLC
Holding
CDNS
+12.45%
3M Return
R
Rathbones Investment Management Limited
Holding
CDNS
+11.79%
3M Return
T
Tudor Investment Corporation
Holding
CDNS
+11.40%
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 329.655 USD — it has increased 3.5

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 1.44B 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 21 2026.

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

Today CDNS has the market capitalization of 87.94B USD.