Free Trial
NASDAQ:CDNS

Cadence Design Systems (CDNS) Stock Price, News & Analysis

Cadence Design Systems logo
$308.15 +2.95 (+0.97%)
As of 06/30/2025 04:00 PM Eastern

About Cadence Design Systems Stock (NASDAQ:CDNS)

Key Stats

Today's Range
$305.21
$310.12
50-Day Range
$258.15
$323.08
52-Week Range
$221.56
$326.19
Volume
1.74 million shs
Average Volume
2.01 million shs
Market Capitalization
$84.14 billion
P/E Ratio
78.01
Dividend Yield
N/A
Price Target
$325.23
Consensus Rating
Moderate Buy

Company Overview

Cadence Design Systems, Inc. is a leading provider of electronic design automation (EDA) software and semiconductor intellectual property (IP) for the global electronics industry. The company’s suite of products and services enables engineers to design and verify complex integrated circuits (ICs), printed circuit boards (PCBs) and system-on-chip (SoC) devices used in applications ranging from mobile and consumer electronics to aerospace, automotive and data center infrastructure.

Founded in 1988 through the merger of SDA Systems and ECAD, Cadence has grown into a multinational technology firm headquartered in San Jose, California. The company’s offerings span digital implementation and signoff, custom IC design and analysis, verification, packaging and PCB design, and system analysis. Cadence also provides pre-verified IP cores for standard interfaces such as PCIe, USB, DDR memory and high-speed SerDes, streamlining development timelines for customers.

With operations in North America, Europe, Asia Pacific and other key markets, Cadence serves a broad network of semiconductor companies, original equipment manufacturers (OEMs) and design houses. The company maintains research and development centers in multiple regions to support localized innovation and customer collaboration, ensuring its tools remain aligned with evolving semiconductor process nodes and emerging architectures.

Under the leadership of Chief Executive Officer Anirudh Devgan and a seasoned executive team, Cadence continues to invest in advanced technologies such as artificial intelligence–driven design automation and cloud-based collaboration platforms. Through strategic partnerships, academic alliances and a global support infrastructure, Cadence Design Systems remains at the forefront of EDA innovation, helping customers accelerate time-to-market and address the challenges of next-generation electronic systems.

AI Generated. May Contain Errors.

Cadence Design Systems Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
83rd Percentile Overall Score

CDNS MarketRank™: 

Cadence Design Systems scored higher than 83% of companies evaluated by MarketBeat, and ranked 151st out of 665 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cadence Design Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 11 buy ratings, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    Cadence Design Systems has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Cadence Design Systems' stock forecast and price target.
  • Earnings Growth

    Earnings for Cadence Design Systems are expected to grow by 19.78% in the coming year, from $5.41 to $6.48 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cadence Design Systems is 78.01, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.85.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cadence Design Systems is 78.01, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 35.84.

  • Price to Earnings Growth Ratio

    Cadence Design Systems has a PEG Ratio of 4.23. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Cadence Design Systems has a P/B Ratio of 18.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Cadence Design Systems' valuation and earnings.
  • Percentage of Shares Shorted

    1.36% of the float of Cadence Design Systems has been sold short.
  • Short Interest Ratio / Days to Cover

    Cadence Design Systems has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cadence Design Systems has recently increased by 0.55%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Cadence Design Systems does not currently pay a dividend.

  • Dividend Growth

    Cadence Design Systems does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.36% of the float of Cadence Design Systems has been sold short.
  • Short Interest Ratio / Days to Cover

    Cadence Design Systems has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cadence Design Systems has recently increased by 0.55%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Cadence Design Systems has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 28 news articles for Cadence Design Systems this week, compared to 22 articles on an average week.
  • Search Interest

    Only 16 people have searched for CDNS on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.
  • MarketBeat Follows

    Only 6 people have added Cadence Design Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cadence Design Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,972,453.00 in company stock.

  • Percentage Held by Insiders

    Only 0.37% of the stock of Cadence Design Systems is held by insiders.

  • Percentage Held by Institutions

    84.85% of the stock of Cadence Design Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cadence Design Systems' insider trading history.
Receive CDNS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cadence Design Systems and its competitors with MarketBeat's FREE daily newsletter.

CDNS Stock News Headlines

Banks aren’t ready for this altcoin—are you?
Our expert analysts have identified a $100 billion gap in the crypto market. Only one project is perfectly positioned to fill it…
Cadence Design Systems, Inc. (CDNS) - Yahoo Finance
CDNS - Cadence Design Systems Inc Chart - Morningstar
See More Headlines

CDNS Stock Analysis - Frequently Asked Questions

Cadence Design Systems' stock was trading at $300.46 at the start of the year. Since then, CDNS shares have increased by 2.6% and is now trading at $308.15.
View the best growth stocks for 2025 here
.

Cadence Design Systems, Inc. (NASDAQ:CDNS) announced its quarterly earnings data on Monday, April, 28th. The software maker reported $1.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.50 by $0.07. Cadence Design Systems's revenue for the quarter was up 23.1% compared to the same quarter last year.
Read the conference call transcript
.

Cadence Design Systems subsidiaries include Integrand Software, AWR Corporation, nusemi, Rocketick, Solomon Design Automation (SDA), Jasper Design Automation, Forte Design Systems, and more.

Shares of CDNS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cadence Design Systems investors own include IDEXX Laboratories (IDXX), Broadcom (AVGO), Applied Materials (AMAT), Tesla (TSLA), ASML (ASML), HubSpot (HUBS) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
4/28/2025
Today
7/01/2025
Next Earnings (Estimated)
7/28/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
COMP - SOFTWARE
Sub-Industry
Application Software
Current Symbol
NASDAQ:CDNS
Employees
12,700
Year Founded
1988

Price Target and Rating

Average Stock Price Target
$325.23
High Stock Price Target
$375.00
Low Stock Price Target
$200.00
Potential Upside/Downside
+5.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

Trailing P/E Ratio
78.01
Forward P/E Ratio
56.96
P/E Growth
4.23
Net Income
$1.06 billion
Pretax Margin
29.57%

Debt

Sales & Book Value

Annual Sales
$4.64 billion
Cash Flow
$5.28 per share
Price / Cash Flow
58.39
Book Value
$17.04 per share
Price / Book
18.08

Miscellaneous

Free Float
272,032,000
Market Cap
$84.14 billion
Optionable
Optionable
Beta
0.99

Social Links

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report

This page (NASDAQ:CDNS) was last updated on 7/1/2025 by MarketBeat.com Staff
From Our Partners