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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

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High
296.000
Open
294.790
VWAP
292.39
Vol
2.10M
Mkt Cap
81.15B
Low
287.000
Amount
614.07M
EV/EBITDA(TTM)
42.09
Total Shares
275.88M
EV
80.24B
EV/OCF(TTM)
46.41
P/S(TTM)
15.13
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
2026-02-17
16:10:00
Sees FY26 Revenue at $5.9B-$6.0B
select

News

CNBC
9.5
03-05CNBC
Synopsys Shares Undervalued Amid Market Turmoil, Leading EDA Position
  • Market Share Advantage: Synopsys holds a 41% share in the electronic design automation (EDA) market, and despite a more than 32% drop in stock price due to the software sector sell-off, its strong contract backlog and undervaluation maintain its competitive edge.
  • AI-Driven Growth: CEO Ghazi stated that AI will transform the engineering software industry, with clients like Nvidia and Tesla increasing demand for complex chip designs, positioning Synopsys to benefit from the multitrillion-dollar AI infrastructure buildout.
  • Upgraded Financial Outlook: Synopsys raised its full-year earnings guidance to a range of $14.38 to $14.46 per share, indicating robust financial health amid subdued demand from consumer, automotive, and industrial markets, while still capitalizing on AI growth opportunities.
  • Repurchase Plan Boosts Confidence: The board approved a stock repurchase program of up to $2 billion, reflecting confidence in its value, while Nvidia's increased stake further solidifies market optimism surrounding Synopsys.
seekingalpha
8.5
02-27seekingalpha
Cadence Design Systems Plans to Sell 3.2M Shares Following Hexagon Acquisition
  • Stock Sale Plan: Cadence Design Systems plans to sell up to 3.2 million shares of common stock according to a filing with the U.S. Securities and Exchange Commission, with the sale linked to its completed acquisition of Hexagon AB's design and engineering business, which is expected to enhance liquidity.
  • Acquisition Details: The acquisition was completed on February 23, 2023, for approximately €2.7 billion (about $3.19 billion), and is projected to add an incremental $160 million to Cadence's revenue in 2026, thereby strengthening its competitive position in the market.
  • Strategic Importance: CEO Anirudh Devgan stated that this acquisition marks a significant milestone in advancing their vision for intelligent system design, as it combines leading computational software and AI-driven design expertise with MSC Software's advanced structural and physics-based analysis technologies, empowering customers to innovate.
  • Future Outlook: Cadence targets a revenue range of $5.9 billion to $6 billion for 2026, with a notable increase in backlog driven by AI-powered design solutions, indicating robust market demand and growth potential.
NASDAQ.COM
4.5
02-27NASDAQ.COM
US Stocks Decline as AI Disrupts Markets
  • Market Weakness: The S&P 500 index fell by 0.61%, the Dow Jones Industrial Average dropped by 1.17%, and the Nasdaq 100 index decreased by 0.41%, reflecting investor concerns over the disruptive potential of AI, which has put overall market sentiment under pressure.
  • Producer Prices Rise: The US January Producer Price Index (PPI) increased by 0.5% month-over-month and 2.9% year-over-year, exceeding expectations, indicating rising inflationary pressures that could influence the Fed's interest rate decisions and increase market uncertainty.
  • Strong Economic Data: Despite the market downturn, the February Chicago PMI unexpectedly rose to 57.7, signaling signs of economic expansion, which may alleviate some investor concerns about a slowdown in economic growth.
  • Airline Stocks Under Pressure: With WTI crude oil prices reaching a 6.5-month high, airline stocks are generally declining, with United Airlines down over 8%, reflecting the potential threat of rising fuel costs on airline profitability.
NASDAQ.COM
4.5
02-27NASDAQ.COM
US Stocks Decline as AI Concerns Weigh on Market Sentiment
  • Market Decline: The S&P 500 index fell by 0.90%, the Dow Jones Industrial Average dropped by 1.57%, and the Nasdaq 100 index decreased by 0.71%, reflecting investor concerns over the disruptive potential of AI, which has intensified selling pressure across the market.
  • Producer Prices Rise: The US January Producer Price Index (PPI) increased by 0.5% month-over-month and 2.9% year-over-year, surpassing expectations, indicating persistent inflationary pressures that may hinder the Fed's ability to cut interest rates in the near term, negatively impacting stock valuations.
  • Geopolitical Risks Intensify: WTI crude oil prices surged over 2% to a 6.5-month high due to disappointing outcomes from US-Iran nuclear talks, raising concerns about potential supply disruptions and adding to investor anxiety in the stock market.
  • Mixed Stock Performances: Dell Technologies surged over 10% following a strong sales forecast for its AI servers, while cybersecurity stocks like Zscaler plummeted over 11%, illustrating a divergence in market reactions and reflecting investor caution towards technology stocks.
NASDAQ.COM
4.5
02-26NASDAQ.COM
US Stocks Close Higher, Driven by Strong AI Sector Performance
  • Strong Market Performance: The S&P 500 index rose by 0.81%, reaching a 1.5-week high, while the Nasdaq 100 increased by 1.41%, marking a 2-week high, reflecting strong investor confidence in AI infrastructure and software stocks.
  • AI Companies Drive Market: The statement from AI startup Anthropic PBC alleviated concerns about AI disruption, and Nvidia's Q4 revenue is projected to hit $65.91 billion, further fueling optimism about demand for AI processors among investors.
  • Economic Data Impact: US MBA mortgage applications rose by 0.4%, with the average 30-year fixed mortgage rate falling to 6.09%, a nearly 3.5-year low, indicating a potential recovery in buyer confidence that could stimulate the housing market.
  • International Market Rally: Overseas stock markets generally rose, with the Euro Stoxx 50 reaching a new high, indicating global investor optimism about economic recovery, which further supports the upward trend in US stocks.
NASDAQ.COM
4.5
02-25NASDAQ.COM
US Stocks Rebound Led by Software and Chipmakers
  • Market Rebound: The S&P 500 Index rose by 0.77%, the Dow Jones Industrial Average increased by 0.76%, and the Nasdaq 100 Index climbed by 1.09%, indicating a recovery after Monday's sharp declines, reflecting investor optimism regarding economic data.
  • Software and Chip Stocks Surge: Following AI startup Anthropic PBC's emphasis on partnerships, software and chip manufacturers saw significant stock price increases, indicating growing market confidence in the integration of AI technologies, which could enhance their competitive positioning.
  • Consumer Confidence Boost: The US February consumer confidence index rose by 2.2 to 91.2, surpassing expectations of 87.1, suggesting increased consumer optimism about the economic outlook, which may lead to higher consumer spending and positively impact economic growth.
  • Interest Rates and Economic Data Focus: The market is discounting only a 2% chance of a rate cut at the Fed's March 17-18 meeting, indicating cautious investor sentiment regarding future monetary policy, while closely monitoring upcoming corporate earnings and economic data releases.
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
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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 43.21. 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
43.21
Current PE
40.29
Overvalued PE
48.25
Undervalued PE
38.16

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
32.43
Current EV/EBITDA
30.22
Overvalued EV/EBITDA
36.22
Undervalued EV/EBITDA
28.63

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
14.45
Current PS
14.69
Overvalued PS
16.37
Undervalued PS
12.53

Financials

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Whales Holding CDNS

V
Van Eck Associates Corporation
Holding
CDNS
+21.26%
3M Return
F
Freemont Capital Pte. Ltd.
Holding
CDNS
+11.16%
3M Return
M
Martin Currie Ltd.
Holding
CDNS
+10.06%
3M Return
L
Liontrust Asset Management PLC
Holding
CDNS
+8.83%
3M Return
R
Rathbones Investment Management Limited
Holding
CDNS
+8.71%
3M Return
T
Tudor Investment Corporation
Holding
CDNS
+7.46%
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 294.16 USD — it has increased 0.3

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 March 12 2026.

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

Today CDNS has the market capitalization of 81.15B USD.