Cadence Design Systems In... (CDNS)

NASDAQ: CDNS · Real-Time Price · USD

300.82

3.08 (1.03%)

At close: May 01, 2025, 12:23 PM

1.03% (1D)

Bid	300.69
Market Cap	82.52B
Revenue (ttm)	4.87B
Net Income (ttm)	1.08B
EPS (ttm)	3.93
PE Ratio (ttm)	76.54
Forward PE	38.55
Analyst	Buy

Ask	301.07
Volume	942,929
Avg. Volume (20D)	2,413,922
Open	301.76
Previous Close	297.74
Day's Range	299.41 - 304.69
52-Week Range	221.56 - 328.99
Beta	1.14

About CDNS

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform ...

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Industry Software - Application

Sector Technology

IPO Date Jun 10, 1987

Employees 12,837

Stock Exchange NASDAQ

Ticker Symbol CDNS

Website https://www.cadence.com

Full Company Profile

Analyst Forecast

According to 19 analyst ratings, the average rating for CDNS stock is "Buy." The 12-month stock price forecast is $330, which is an increase of 9.70% from the latest price.

Stock Forecasts

Earnings Surprise

Cadence Design Systems has released their quartely earnings on Apr 28, 2025:

Revenue of $1.24B exceeds estimates by $2M, with 23.09% YoY growth.

EPS of 1.57 exceeds estimates by 0.08, with 34.19% YoY growth.

Why Price Moved

2 days ago

+5.77%

Cadence Design Systems shares are trading higher a... Unlock content with Pro Subscription

6 days ago

+6.16%

Cadence Design Systems shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and raised its price target from $300 to $325.

News

2 days ago · fool.com

Why Cadence Design Systems Stock Is Jumping Today

Cadence Design Systems (CDNS 5.50%) stock is moving higher in Tuesday's trading following the company's first-quarter report. The tech specialist's share price was up 5.1% as of 2:15 p.m.

2 days ago · businesswire.com

Cadence Expands Design IP Portfolio Optimized for Intel 18A and Intel 18A-P Technologies, Advancing AI, HPC and Mobility Applications

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #cdns--Cadence expanded its design IP portfolio optimized for Intel 18A/18A-P technologies and announced EDA tool certification on the latest Intel 18A PDK.

1 day ago · zacks.com

Cadence's Q1 Earnings & Revenues Surpass Estimates, Surge Y/Y

CDNS reports better-than-expected first-quarter results on solid demand trends and upgrades revenue and EPS guidance for 2025.

2 days ago · seekingalpha.com

Cadence Design Systems, Inc. (CDNS) Q1 2025 Earnings Call Transcript

Cadence Design Systems, Inc. (NASDAQ:CDNS ) Q1 2025 Earnings Conference Call April 28, 2025 5:00 PM ET Company Participants Richard Gu - VP of IR Anirudh Devgan - President and CEO John Wall - SVP and...

2 days ago · zacks.com

Cadence (CDNS) Reports Q1 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Cadence (CDNS) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street ...

2 days ago · zacks.com

Cadence Design Systems (CDNS) Beats Q1 Earnings and Revenue Estimates

Cadence Design Systems (CDNS) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.17 per share a year ago.

2 days ago · reuters.com

Chip design software maker Cadence raises annual forecasts on steady AI demand

Cadence Design Systems raised its forecasts for annual revenue and profit on Monday, betting on resilient demand for its chip design software from semiconductor makers looking to boost production to c...

3 days ago · seekingalpha.com

Cadence Design Systems: Gaining Ground To Synopsys

Cadence Design Systems has a strong product portfolio, robust R&D investment, and market share gains despite Synopsys' lead. Cadence's market share rose to 35.1% in 2024, narrowing the gap with Synops...

5 days ago · zacks.com

Cadence and TSMC Strengthen Partnership to Enhance AI & 3D-IC Designs

CDNS expands its collaboration with TSMC to accelerate time to silicon for advanced-node and 3D-IC technologies.

5 days ago · zacks.com

Cadence Set to Release Q1 Earnings: Here's What to Expect

CDNS' first-quarter performance is likely to have benefited from higher customer demand amid volatile global macroeconomic conditions.

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