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Technology - Software - Application - NASDAQ - US
$ 233.82
0.404 %
$ 64.1 B
Market Cap
60.89
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CDNS stock under the worst case scenario is HIDDEN Compared to the current market price of 234 USD, Cadence Design Systems, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CDNS stock under the base case scenario is HIDDEN Compared to the current market price of 234 USD, Cadence Design Systems, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CDNS stock under the best case scenario is HIDDEN Compared to the current market price of 234 USD, Cadence Design Systems, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CDNS

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$330.0$330.0$320.0$320.0$310.0$310.0$300.0$300.0$290.0$290.0$280.0$280.0$270.0$270.0$260.0$260.0$250.0$250.0$240.0$240.0$230.0$230.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
4.64 B REVENUE
13.48%
1.35 B OPERATING INCOME
7.96%
1.06 B NET INCOME
1.38%
1.26 B OPERATING CASH FLOW
-6.57%
-837 M INVESTING CASH FLOW
-103.06%
1.24 B FINANCING CASH FLOW
254.22%
1.36 B REVENUE
11.56%
457 M OPERATING INCOME
30.51%
340 M NET INCOME
42.88%
441 M OPERATING CASH FLOW
7.65%
-40 M INVESTING CASH FLOW
-1.93%
-511 M FINANCING CASH FLOW
-38.29%
Balance Sheet Cadence Design Systems, Inc.
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Current Assets 4.02 B
Cash & Short-Term Investments 2.64 B
Receivables 680 M
Other Current Assets 692 M
Non-Current Assets 4.96 B
Long-Term Investments 124 M
PP&E 604 M
Other Non-Current Assets 4.23 B
29.46 %7.58 %7.71 %6.73 %47.13 %Total Assets$9.0b
Current Liabilities 1.37 B
Accounts Payable 5.56 M
Short-Term Debt 0
Other Current Liabilities 1.36 B
Non-Current Liabilities 2.48 B
Long-Term Debt 2.48 B
Other Non-Current Liabilities 0
35.48 %64.38 %Total Liabilities$3.8b
EFFICIENCY
Earnings Waterfall Cadence Design Systems, Inc.
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Revenue 4.64 B
Cost Of Revenue 211 M
Gross Profit 4.43 B
Operating Expenses 3.08 B
Operating Income 1.35 B
Other Expenses 295 M
Net Income 1.06 B
5b5b5b5b4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m005b(211m)4b(3b)1b(295m)1bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
95.46% GROSS MARGIN
95.46%
29.10% OPERATING MARGIN
29.10%
22.74% NET MARGIN
22.74%
22.58% ROE
22.58%
11.76% ROA
11.76%
13.43% ROIC
13.43%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Cadence Design Systems, Inc.
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1b1b1b1b1b1b800m800m600m600m400m400m200m200m00201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 1.06 B
Depreciation & Amortization 195 M
Capital Expenditures -143 M
Stock-Based Compensation 391 M
Change in Working Capital 0
Others -381 M
Free Cash Flow 1.12 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Cadence Design Systems, Inc.
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Wall Street analysts predict an average 1-year price target for CDNS of $327 , with forecasts ranging from a low of $225 to a high of $360 .
CDNS Lowest Price Target Wall Street Target
225 USD -3.77%
CDNS Average Price Target Wall Street Target
327 USD 39.96%
CDNS Highest Price Target Wall Street Target
360 USD 53.96%
Price
Max Price Target
Min Price Target
Average Price Target
360360340340320320300300280280260260240240220220May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Cadence Design Systems, Inc.
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Sold
0-3 MONTHS
5.02 M USD 3
3-6 MONTHS
42.5 M USD 6
6-9 MONTHS
7.73 M USD 5
9-12 MONTHS
15.7 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Cadence Design Systems (CDNS) Increases Despite Market Slip: Here's What You Need to Know In the latest trading session, Cadence Design Systems (CDNS) closed at $233.82, marking a +0.4% move from the previous day. zacks.com - 1 week ago
Cadence Announces First Quarter 2025 Financial Results Webcast SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence (Nasdaq: CDNS) will hold its first quarter 2025 financial results webcast on Monday, April 28, 2025. businesswire.com - 2 weeks ago
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates. zacks.com - 2 weeks ago
Will Cadence (CDNS) Beat Estimates Again in Its Next Earnings Report? Cadence (CDNS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 2 weeks ago
Cadence Design Systems (CDNS) Stock Slides as Market Rises: Facts to Know Before You Trade In the latest trading session, Cadence Design Systems (CDNS) closed at $254.31, marking a -0.93% move from the previous day. zacks.com - 2 weeks ago
Cadence Focuses on Acquisitions to Supplement Organic Growth CDNS' inorganic expansion approach has played a pivotal part in developing its business in the last few years. zacks.com - 3 weeks ago
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. zacks.com - 3 weeks ago
Cadence Stock Plunges 10% YTD: How Should You Play the Stock? CDNS' robust portfolio amid increasing design activity is promising, but external risks warrant caution. Investors should wait for a better entry point. zacks.com - 3 weeks ago
Cadence Design Systems (CDNS) Beats Stock Market Upswing: What Investors Need to Know Cadence Design Systems (CDNS) reachead $269.11 at the closing of the latest trading day, reflecting a +0.73% change compared to its last close. zacks.com - 3 weeks ago
Cadence & NVIDIA Expand Collaboration to Power AI Innovations With NVDA's latest Blackwell architecture, CDNS aims to drive significant advancements in engineering, scientific simulations and AI-powered design processes. zacks.com - 1 month ago
Cadence Accelerates AI-Driven Engineering Design and Science with NVIDIA Grace Blackwell SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence expanded its multi-year collaboration with NVIDIA, focusing on driving advancements in accelerated computing and agentic AI. businesswire.com - 1 month ago
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store. zacks.com - 1 month ago
8. Profile Summary

Cadence Design Systems, Inc. CDNS

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COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 64.1 B
Dividend Yield 0.00%
Description 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.
Contact Building 5, San Jose, CA, 95134 https://www.cadence.com
IPO Date June 10, 1987
Employees 12700
Officers Ms. Karna Nisewaner J.D. Senior Vice President, General Counsel & Corporate Secretary Mr. Thomas P. Beckley Senior Vice President of Strategic Technology Programs Dr. Paul Cunningham Ph.D. Senior Vice President & GM of the System and Verification Group Mr. Paul Scannell Senior Vice President of Customer Success Team Mr. Ariel Sella Co-Founder Mr. Tarak Ray Chief Information Officer & Corporate Vice President Mr. Richard Gu Vice President of Investor Relations Dr. Anirudh Devgan Ph.D. Chief Executive Officer, President & Director Dr. Chin-Chi Teng Ph.D. Senior Vice President and GM of the Digital & Signoff Group Mr. John M. Wall Senior Vice President & Chief Financial Officer