Cadence Design Systems, Inc.

Cadence Design Systems, Inc.

CDNS·NASDAQ

$408.00

-2.0%
TechnologySoftware - Application

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 signoff products to signoff the design as ready for silicon manufacturing. 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 and 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.

At a Glance

Live Snapshot
Market Cap$112.53B
EPS4.0900
P/E Ratio76.48
Earnings Date07/27/2026

cdns

Cash at End of Period

Last Annual Value

3.00B

3-Year CAGR

50%

5-Year CAGR

26%

10-Year CAGR

17%

Cadence Design Systems, Inc.

Cadence Design Systems, Inc. Competitors Analysis of Cash at End of Period

CDNS · NASDAQ
CompanyCash at End of Period
CAGR 3Y
CAGR 5Y
CAGR 10Y
3.00B
43.9%22.5%20.5% 
2.86B
45.0%28.0%N/A
MSTR logo
Strategy Inc
NASDAQ:MSTR
2.30B
261.7%104.5%19.1%
11.71B
9.6%-5.1%N/A
1.57B
-4.2%-6.1%-11.5%
ADSK logo
Autodesk, Inc.
NASDAQ:ADSK
2.25B
4.9%4.9%5.2%
1.21B
21.1%-16.7%N/A
SNPS logo
Synopsys, Inc.
NASDAQ:SNPS
2.89B
26.1%15.0%11.5%
WDAY logo
Workday, Inc.
NASDAQ:WDAY
1.50B
-7.5%-0.5%N/A
1.17B
-11.9%-9.1%1.2%
Cadence Design Systems, Inc.

Cadence Design Systems, Inc. Fair Value Envelope

CDNS · NASDAQ

Our analysis suggests that CDNS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $408, this represents a potential HIDDEN relative to our calculated worth for Cadence Design Systems, Inc..

Intrinsic Value
Current Price: $408