Cadence Design Systems, Inc. CDNS 309.09 +202.67% NMS · Technology
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Cadence Design Systems, Inc. (cdns)

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CDNS — Company Overview

Cadence Design Systems, Inc. (CDNS) is a large-cap company in the Technology sector, operating in Software - Application.

TickerCDNS
SectorTechnology
IndustrySoftware - Application
ExchangeNMS
Market cap$85.12B
Last price$309.09
Size categoryLarge Cap

CDNS — Business Description

Cadence Design Systems, Inc. (CDNS) operates in Software - Application within the broader Technology market. Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including In novus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technolog…

Official website: https://www.cadence.com.

CDNS — Investment Thesis

The investment thesis for Cadence Design Systems, Inc. (CDNS) rests on how Technology dynamics, profitability, and valuation interact at today's price.

See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.

CDNS — Financial Health

Financial health for Cadence Design Systems, Inc. (CDNS) is summarized from publicly reported profitability, leverage, and cash-flow metrics.

Profit margin of 23.6% indicates solid bottom-line conversion. Positive free cash flow of $1.61B supports balance-sheet flexibility.

Trailing P/E61.45×
Forward P/E32.38×
Price / Sales14.60×
Price / Book12.41×
Gross margin85.9%
Operating margin28.6%
Profit margin23.6%
Return on equity23.2%
Debt / Equity38.66
Free cash flow$1.61B

CDNS — Growth Outlook

Growth outlook for Cadence Design Systems, Inc. (CDNS) depends on demand trends in Software - Application and the company's ability to convert revenue into sustainable earnings.

CDNS — Competitive Position

Cadence Design Systems, Inc. (CDNS) is evaluated against peers on scale, margin structure, and capital efficiency within Technology.

CDNS — Strengths

Strengths for Cadence Design Systems, Inc. (CDNS) inferred from public financial metrics:

CDNS — Weaknesses

Weaknesses and pressure points for Cadence Design Systems, Inc. (CDNS) based on available data:

CDNS — Opportunities

CDNS — Risks

CDNS — Summary

Cadence Design Systems, Inc. (CDNS) is a large-cap Technology company focused on Software - Application, listed on NMS. Last price $309.09 with market cap $85.12B. Trailing P/E 61.45×. Revenue grew 24.2% year-over-year per public data. Notable strengths include revenue growth of 24.2% year-over-year. Key watch items include elevated trailing p/e (61.45×) limits valuation margin of safety. Public estimates and earnings snapshots for Cadence Design Systems, Inc. are on this site; ownership, live news, and deeper models remain in Vest Terminal.

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Cadence Design Systems, Inc. FAQ

What does Cadence Design Systems, Inc. (CDNS) do?

Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation…

What is CDNS's P/E ratio?

Cadence Design Systems, Inc. has a trailing P/E of 61.45× based on publicly available market data.

Does CDNS pay a dividend?

Indicated dividend yield: none reported. Confirm ex-dates and payout history in Vest Terminal.

What sector is CDNS in?

Cadence Design Systems, Inc. is classified in Technology (Software - Application) on NMS.

What is CDNS's market capitalization?

Approximate market cap: $85.12B.

What are the main risks for CDNS?

Key risks include elevated valuation, among factors on this page.

What are the strengths of CDNS?

Potential positives include revenue growth of 24.2% year-over-year, earnings growth of 125.4% year-over-year.

Where can I get analyst estimates for CDNS?

Public analyst price targets and consensus for Cadence Design Systems, Inc. are on the free /stocks/cdns/estimates page. Deeper estimate history and models are available in Vest Terminal.