Cadence Design Systems, Inc. (CDNS) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Cadence Design Systems, Inc. (CDNS:NASDAQ), powered by AI.

Current Price
$349.51
P/E Ratio
89.8
Market Cap
94.8B
Sector
Technology
What is the Cadence Design Systems, Inc. stock price forecast?

Cadence Design Systems, Inc. is currently trading at $349.51. View real-time AI analysis on Alpha Lenz.

What is Cadence Design Systems, Inc. insider trading activity?

View the latest insider trading data for Cadence Design Systems, Inc. on Alpha Lenz.

What is Cadence Design Systems, Inc.'s P/E ratio?

Cadence Design Systems, Inc.'s P/E ratio is 89.8.

Cadence Design Systems, Inc.

NASDAQ · CDNS
$349.51
Ask about Cadence Design Systems, Inc.'s future dividend policy...
Alpha Chat Insight

Cadence Design Systems, Inc. trades at a P/E of 89.8 (premium valuation) with strong ROE of 26.1%. 3Y revenue CAGR of 15.8% highlights clear growth momentum.

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Company Overview

Cadence Design Systems, Inc. is a leading provider of electronic design automation (EDA) software, hardware, and related services used by semiconductor and systems companies worldwide. The company’s main focus is enabling design and verification of integrated circuits (ICs), systems-on-chip (SoCs), and full electronic systems, offering advanced platforms such as Jasper for formal verification, Xcelium for parallel logic simulation, Palladium for hardware emulation, and Protium for rapid prototyping. In addition to verification, Cadence’s portfolio includes synthesis tools, digital and analog/mixed-signal IC design solutions, and design-for-test software, supporting technology innovation from chip level to complete system integration. Cadence’s technologies are essential in industries like hyperscale computing, mobile devices, automotive electronics, aerospace, industrial automation, life sciences, and robotics, where complex semiconductor design and simulation are critical. Its software and services speed up the creation and validation of cutting-edge chips and systems, directly impacting the pace of advancements in global electronics. Cadence Design Systems, Inc. plays a pivotal role in the design workflows of the world’s foremost technology firms, supporting innovation and ensuring reliable, efficient product development across multiple sectors.

CEODr. Anirudh Devgan Ph.D.
SectorTechnology
IndustrySoftware - Application
Employees13,152

Company Statistics

FY 2024

Profile

$94.79BMarket Cap
$4.64BRevenue
0.00Shares Out
13,152Employees

Margins

86.05%Gross
35.14%EBITDA
29.62%Operating
30.07%Pre-Tax
22.74%Net

Valuation

89.81P/E
20.28P/B
20.42EV/Sales
58.09EV/EBITDA
84.79P/FCF

Growth (CAGR)

15.81%Rev 3Yr
14.72%Rev 5Yr
20.89%Op Inc 3Yr
22.40%Op Inc 5Yr
14.89%Net Inc 3Yr
1.31%Net Inc 5Yr

Returns

14.42%ROA
26.13%ROE
20.10%ROIC

Financial Health

$2.64BCash & Cash Equivalents
$1.66BNet Debt
92.03%Debt/Equity
N/AInterest Cov

Frequently Asked Questions

Cadence Design Systems, Inc. (ticker: CDNS) is a company listed on NASDAQ in the Technology sector (Software - Application). It has approximately 13,152 employees. Market cap is $94.8B.

The current price is $349.51 with a P/E ratio of 89.81x and P/B of 20.28x.

ROE is 26.13% and operating margin is 29.62%. Annual revenue is $4.6B.

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Cadence Design Systems, Inc. (Technology) Stock Forecast & Analysis $349.51 | Alpha Lenz