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Asset logo  CDNS
Cadence Design Systems
CDNS
85 / 100
High Quality
S&P500
$288.81arrow_drop_down0.04%-$0.12

Performance History

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Key Stats
Open$290.00
Prev. Close$288.92
EPS3.84
DividendNon-Dividend
Next Earnings Date-
Dividend Yield %-
Market Cap$78.59B
PE Ratio75.21
LOWHIGH
Day Range288.39
290.28
52 Week Range202.08
327.35
Ratios
P/B Ratio24.49
Revenue$4.08B
Operating M. %25.69%
Earnings$1.04B
Earnings Growth %22.64%
EBITDA Margin %33.22%
ROE %32.17%
EPS3.84

Score Breakdown

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Analyst Ratings

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Analyst ratings for this stock instrument are based on analysts' assumptions and should not be solely relied upon for financial decisions.

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About Cadence Design Systems (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 for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

Sector
Technology
Industry
Software—Application
CEO
Dr. Anirudh Devgan Ph.D.
Headquarters
San Jose
Employees
10200
Exchange
NASDAQ
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Frequently Asked Questions

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Is Cadence Design Systems (CDNS) a growth stock?

Cadence Design Systems (CDNS) has shown an average price growth of 0.41% over the past three years. It has received a score of 84 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying Cadence Design Systems as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.

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What is Cadence Design Systems (CDNS) stock price performance year to date (YTD)?

As of the latest data, Cadence Design Systems (CDNS) has a year-to-date price change of 9.86%. Over the past month, the stock has experienced a price change of 1.02%. Over the last three months, the change has been -1.12%. Over the past six months, the figure is 6.87%. Looking at a longer horizon, the five-year price change stands at 346.94%.

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Is Cadence Design Systems (CDNS) a profitable company?

Cadence Design Systems (CDNS) has a net income of $1.04B, which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of 88.92% indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of 25.69% reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at $4.09B, with a revenue growth rate of 14.83%, providing insight into the company's sales performance and growth. The gross profit is $3.64B. Operating income is noted at $1.27B. Furthermore, the EBITDA is $1.37B.

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What is the market capitalization of Cadence Design Systems (CDNS)?

Cadence Design Systems (CDNS) has a market capitalization of $78.6B. The average daily trading volume is 1.16M, indicating the stock's liquidity and investor engagement.

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What is Cadence Design Systems 's (CDNS) price per share?

The current price per share for Cadence Design Systems (CDNS) is $288.81. The stock has seen a price change of -$0.12 recently, indicating a -0.04% change. This reflects the stock's recent market performance and investor sentiment.

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What is the 52-week high and low for Cadence Design Systems (CDNS)?

For Cadence Design Systems (CDNS), the 52-week high is $327.36, which is 13.35% from the current price. The 52-week low is $202.08, the current price is 42.92% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.

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