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Cadence Design Systems/CDNS

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15:10
16:45
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1D1W1MYTD1Y5YMAX

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
Trading on

Industry

Software

Employees

11,200

CDNS Metrics

BasicAdvanced
$74B
Market cap
69.60
P/E ratio
$3.86
EPS
1.03
Beta
-
Dividend rate
$74B
1.03
$328.99
$228.66
1.7M
1.432
1.186
23.444
31.652
30.18%
12.15%
29.44%
69.603
17.411
17.26
61.73
76.873
9.49%
18.40%
12.91%
16.68%

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%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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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 $74B as of October 06, 2024.

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 69.6 as of October 06, 2024.

Does Cadence Design Systems stock pay dividends?

No, Cadence Design Systems (CDNS) stock does not pay dividends to its shareholders as of October 06, 2024.

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 1.03. 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.