CDNS — Cadence Design Systems, Inc. stock price, charts and financials
QT45Cadence Design Systems, Inc.Cadence Design Systems, Inc. (NASDAQ: CDNS) is a Technology company in the Software - Application industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | S&P 500, NDX | P/E | 67.04 | EPS (ttm) | 5.06 | Insider Own | 0.44% | Shs Outstand | 275.39M | Perf Week | -0.23% |
| Market Cap | 93.42B | Forward P/E | 35.61 | EPS next Y | 9.53 | Insider Trans | -16.18% | Shs Float | 274.21M | Perf Month | -12.10% |
| Enterprise Value | 94.47B | PEG | 1.86 | EPS next Q | 2.04 | Inst Own | 75.91% | Short Float | 2.26% | Perf Quarter | -4.95% |
| Income | 1.39B | P/S | 16.00 | EPS this Y | 61.85% | Inst Trans | - | Short Ratio | 2.57 | Perf Half Y | 25.58% |
| Sales | 5.84B | P/B | 13.51 | EPS next Y | 17.02% | ROA | 11.41% | Short Interest | 6.19M | Perf YTD | 8.53% |
| Book/sh | - | P/C | 49.93 | EPS next 5Y | 7.64% | ROE | 22.88% | 52W High | 416.28 -18.59% | Perf Year | -5.81% |
| Cash/sh | - | P/FCF | 55.65 | EPS past 3/5Y | 9.53% 13.99% | ROIC | 13.29% | 52W Low | 262.48 29.11% | Perf 3Y | 48.31% |
| Dividend Est. | - | EV/EBITDA | 43.77 | Sales past 3/5Y | 14.14% 14.57% | Gross Margin | 88.50% | Volatility | 3.32% 3.76% | Perf 5Y | 129.76% |
| Dividend TTM | - | EV/Sales | 16.18 | EPS Y/Y TTM | 30.65% | Oper. Margin | 30.83% | ATR (14) | 14.15 | Perf 10Y | 1312.91% |
| Dividend Ex-Date | - | Quick Ratio | 1.53 | Sales Y/Y TTM | 25.77% | Profit Margin | 23.61% | RSI (14) | 43.79 | Recom | 2.19 |
| Dividend Gr. 3/5Y | - | Current Ratio | 1.74 | EPS Q/Q | 27.88% | SMA20 | -1.24% | Beta | 1.12 | Target Price | 404.56 |
| Payout | 0.00% | Debt/Eq | 0.36 | Sales Q/Q | 24.24% | SMA50 | -7.91% | Rel Volume | 0.85 | Prev Close | 339.24 |
| Employees | 13,800 | LT Debt/Eq | 0.45 | Earnings | Oct 26 | SMA200 | 3.45% | Avg Volume | 2.39M | Price | 338.89 |
| IPO Date | Jun 10, 1987 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 2.75% 0.48% | Net Debt/EBITDA | 0.48 | Volume | 2,046,237 | Change | -0.10% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Jul-29-26 | Reiterated | Morgan Stanley | Overweight | $370 → $400 |
| Jul-28-26 | Reiterated | Oppenheimer | Underperform | $275 → $300 |
| Jul-28-26 | Reiterated | Robert W. Baird | $415 → $420 | |
| Jul-28-26 | Reiterated | Piper Sandler | Neutral | $355 → $349 |
| Jul-15-26 | Initiated | Benchmark | Buy | $450 |
| Jun-09-26 | Reiterated | Stifel Nicolaus | $395 → $432 | |
| May-27-26 | Reiterated | Berenberg Bank | $400 → $440 | |
| May-26-26 | Reiterated | Wells Fargo | Overweight | $375 → $425 |
| Apr-28-26 | Reiterated | Robert W. Baird | $381 → $385 | |
| Apr-28-26 | Reiterated | Keybanc | Overweight | $405 → $425 |
Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 5,837 | 5,297 | 4,641 | — | — | — | — | — | — | |
| Cost of Goods Sold Incl. D&A | 671 | 722 | 648 | — | — | — | — | — | — | |
| Gross Profit | 5,166 | 4,575 | 3,994 | — | — | — | — | — | — | |
| Selling, General and Administrative Excl. Other | 1,211 | 1,116 | 1,031 | — | — | — | — | — | — | |
| Research and Development | 1,927 | 1,769 | 1,549 | — | — | — | — | — | — | |
| Other Operating Expense | 229 | 40 | 63 | — | — | — | — | — | — | |
| Operating Income | 1,799 | 1,650 | 1,351 | — | — | — | — | — | — | |
| Interest Expense | 125 | 117 | 76 | — | — | — | — | — | — | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 149 | -11 | 121 | — | — | — | — | — | — | |
| Net Income Before Taxes | 1,824 | 1,522 | 1,396 | — | — | — | — | — | — | |
| Income Taxes | 446 | 413 | 340 | — | — | — | — | — | — | |
| Consolidated Net Income | 1,378 | 1,109 | 1,055 | — | — | — | — | — | — | |
| Net Income From Continuing Operations | 1,378 | 1,109 | 1,055 | — | — | — | — | — | — | |
| Net Income | 1,378 | 1,109 | 1,055 | — | — | — | — | — | — | |
| EPS (Recurring) | 5.06 | 4.09 | 3.89 | — | — | — | — | — | — | |
| EPS (Basic, Before Extraordinaries) | 5.06 | 4.09 | 3.89 | — | — | — | — | — | — | |
| EPS (Diluted) | 5.03 | 4.06 | 3.85 | — | — | — | — | — | — | |
| EBITDA | 2,158 | 1,872 | 1,667 | — | — | — | — | — | — | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 67.37 | 76.99 | 78.04 | — | — | — | — | — | — | |
| Price To Sales Ratio | 15.85 | 15.99 | 17.54 | — | — | — | — | — | — | |
| Gross Margin | 88.50 | 86.37 | 86.06 | — | — | — | — | — | — | |
| Operating Margin | 30.82 | 31.15 | 29.11 | — | — | — | — | — | — | |
| Net Margin | 23.61 | 20.94 | 22.73 | — | — | — | — | — | — | |
| Shares Outstanding | 273 | 271 | 271 | — | — | — | — | — | — | |
| Market Capitalization | 92,517 | 84,709 | 81,425 | — | — | — | — | — | — | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| TENG CHIN-CHI | Sr. Vice President | Jul 22 '26 | Sale | 339.46 | 4,500 | 1,527,554 | 141,781 | Jul 23 |
| TENG CHIN-CHI | Sr. Vice President | Jul 22 '26 | Option Exercise | 202.94 | 1,000 | 202,940 | 146,281 | Jul 23 |
| Cunningham Paul | Sr. Vice President | Jul 15 '26 | Sale | 383.36 | 2,000 | 766,720 | 125,586 | Jul 17 |
| Cunningham Paul | Sr. Vice President | Jul 15 '26 | Option Exercise | 138.02 | 1,000 | 138,020 | 127,586 | Jul 17 |
| TENG CHIN-CHI | Sr. Vice President | Jun 22 '26 | Sale | 384.88 | 4,500 | 1,731,970 | 145,281 | Jun 24 |
| TENG CHIN-CHI | Sr. Vice President | Jun 22 '26 | Option Exercise | 202.94 | 1,000 | 202,940 | 149,781 | Jun 24 |
| Cunningham Paul | Sr. Vice President | Jun 15 '26 | Option Exercise | 138.02 | 1,000 | 138,020 | 128,586 | Jun 17 |
| Cunningham Paul | Sr. Vice President | Jun 15 '26 | Sale | 391.00 | 2,000 | 782,000 | 126,586 | Jun 17 |
| PLUMMER JAMES D | Director | Jun 11 '26 | Sale | 381.34 | 1,511 | 576,205 | 23,264 | Jun 15 |
| Brennan Ita M | Director | Jun 10 '26 | Sale | 387.45 | 180 | 69,740 | 8,004 | Jun 12 |
| DEVGAN ANIRUDH | President and CEO | Jun 02 '26 | Sale | 415.00 | 25,005 | 10,377,075 | 253,519 | Jun 03 |
| DEVGAN ANIRUDH | President and CEO | Jun 01 '26 | Option Exercise | 78.76 | 26,821 | 2,112,422 | 330,346 | Jun 03 |
| DEVGAN ANIRUDH | President and CEO | Jun 01 '26 | Sale | 395.00 | 51,822 | 20,469,690 | 278,524 | Jun 03 |
| Scannell Paul | Sr. Vice President | Jun 01 '26 | Option Exercise | 285.19 | 7,081 | 2,019,430 | 39,262 | Jun 03 |
| Scannell Paul | Sr. Vice President | Jun 01 '26 | Sale | 393.91 | 7,081 | 2,789,277 | 32,181 | Jun 03 |