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Cadence Design Systems/$CDNS
14:30
16:10
17:45
19:25
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About Cadence Design Systems
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Ticker
$CDNS
Sector
Trading on
Industry
Software
Headquarters
Employees
11,200
Website
CDNS Metrics
BasicAdvanced
$84B
80.44
$3.80
1.02
-
Price and volume
Market cap
$84B
Beta
1.02
52-week high
$328.99
52-week low
$241.29
Average daily volume
1.5M
Financial strength
Current ratio
2.448
Quick ratio
2.122
Long term debt to equity
54.242
Total debt to equity
61.911
Interest coverage (TTM)
23.05%
Management effectiveness
Return on assets (TTM)
10.87%
Return on equity (TTM)
27.07%
Valuation
Price to earnings (TTM)
80.436
Price to revenue (TTM)
18.984
Price to book
18.37
Price to tangible book (TTM)
59.55
Price to free cash flow (TTM)
86.815
Growth
Revenue change (TTM)
11.03%
Earnings per share change (TTM)
8.21%
3-year revenue growth (CAGR)
13.53%
3-year earnings per share growth (CAGR)
15.28%
What the Analysts think about CDNS
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Cadence Design Systems stock.
CDNS Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
CDNS Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
CDNS News
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FAQs
What’s the current market cap for Cadence Design Systems stock?
Cadence Design Systems (CDNS) has a market cap of $84B as of January 22, 2025.
What is the P/E ratio for Cadence Design Systems stock?
The price to earnings (P/E) ratio for Cadence Design Systems (CDNS) stock is 80.44 as of January 22, 2025.
Does Cadence Design Systems stock pay dividends?
No, Cadence Design Systems (CDNS) stock does not pay dividends to its shareholders as of January 22, 2025.
When is the next Cadence Design Systems dividend payment date?
Cadence Design Systems (CDNS) stock does not pay dividends to its shareholders.
What is the beta indicator for Cadence Design Systems?
Cadence Design Systems (CDNS) has a beta rating of 1.02. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.