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Technology - Software - Application - NASDAQ - US
$ 326.81
5.1 %
$ 89.2 B
Market Cap
82.74
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CDNS stock under the worst case scenario is HIDDEN Compared to the current market price of 327 USD, Cadence Design Systems, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CDNS stock under the base case scenario is HIDDEN Compared to the current market price of 327 USD, Cadence Design Systems, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CDNS stock under the best case scenario is HIDDEN Compared to the current market price of 327 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$230.020252025Feb '25Feb '25Mar '25Mar '25Apr '25Apr '25May '25May '25Jun '25Jun '25Jul '25Jul '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%
1.24 B REVENUE
-8.38%
362 M OPERATING INCOME
-20.87%
274 M NET INCOME
-19.59%
487 M OPERATING CASH FLOW
10.35%
-21.8 M INVESTING CASH FLOW
45.56%
-346 M FINANCING CASH FLOW
32.35%
Balance Sheet Cadence Design Systems, Inc.
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Current Assets 4.02 B
Cash & Short-Term Investments 2.78 B
Receivables 680 M
Other Current Assets 551 M
Non-Current Assets 4.96 B
Long-Term Investments 124 M
PP&E 604 M
Other Non-Current Assets 4.23 B
31.03 %7.58 %6.14 %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 2.93 B
Long-Term Debt 2.48 B
Other Non-Current Liabilities 455 M
31.73 %57.57 %10.57 %Total Liabilities$4.3b
EFFICIENCY
Earnings Waterfall Cadence Design Systems, Inc.
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Revenue 4.64 B
Cost Of Revenue 648 M
Gross Profit 3.99 B
Operating Expenses 2.64 B
Operating Income 1.35 B
Other Expenses 295 M
Net Income 1.06 B
5b5b5b5b4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m005b(648m)4b(3b)1b(295m)1bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
86.05% GROSS MARGIN
86.05%
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 $318 , with forecasts ranging from a low of $225 to a high of $360 .
CDNS Lowest Price Target Wall Street Target
225 USD -31.15%
CDNS Average Price Target Wall Street Target
318 USD -2.66%
CDNS Highest Price Target Wall Street Target
360 USD 10.16%
Price
Max Price Target
Min Price Target
Average Price Target
360360340340320320300300280280260260240240220220Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '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
8.48 M USD 6
3-6 MONTHS
33.9 M USD 4
6-9 MONTHS
14 M USD 6
9-12 MONTHS
7.77 M USD 5
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
4 Top Robotics Stocks to Watch in the Second Half of 2025 Robotics is poised for robust growth in the second half of 2025. Watch AMD, TSLA, CDNS and SERV that are poised to dominate the market. zacks.com - 2 weeks ago
Wall Street Bulls Look Optimistic About Cadence (CDNS): Should You Buy? Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? zacks.com - 2 weeks ago
Cadence Advances SoC and Chiplet Design With Samsung Foundry CDNS and Samsung extend their collaboration to accelerate next-gen chip design with AI-driven IP on advanced nodes. zacks.com - 3 weeks ago
Cadence Accelerates SoC, 3D-IC and Chiplet Design for AI Data Centers, Automotive and Connectivity in Collaboration with Samsung Foundry SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence's expanded collaboration with Samsung Foundry includes a new multi-year IP agreement and joint development on the latest SF2P process node. businesswire.com - 3 weeks ago
Cadence Design Systems: Where Next-Gen Chips Begin Their Journey Cadence Design Systems is a mission-critical enabler of next-gen industries, boasting high recurring revenues, robust client retention, and an AI-driven product portfolio. The company's oligopolistic market position, high switching costs, and continuous innovation justify its premium valuation and support long-term growth prospects. Risks include industry cyclicality, customer concentration, high valuation, and geopolitical uncertainties, but strong cash flow and buybacks enhance shareholder value. seekingalpha.com - 3 weeks ago
Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now? 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 - 4 weeks ago
Cadence Design Systems: Strong Moat And Multiple Growth Drivers I rate CDNS a buy due to strong secular tailwinds, a widening moat, and robust execution fueling early-stage growth. CDNS's mission-critical EDA tools, AI-powered Cerebrus platform, and NVIDIA partnership drive technological leadership and expand its addressable market. AI megatrends, hardware upgrade cycles, and potential share gains from Intel's strategy shift are key growth catalysts for CDNS. seekingalpha.com - 4 weeks ago
Cadence Advances Design and Engineering for Europe's Manufacturers on NVIDIA Industrial AI Cloud PARIS--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence is providing optimized solutions for the world's first industrial AI cloud in collaboration with NVIDIA. businesswire.com - 4 weeks ago
Why Cadence Design Systems (CDNS) Outpaced the Stock Market Today In the latest trading session, Cadence Design Systems (CDNS) closed at $301.66, marking a +1.59% move from the previous day. zacks.com - 4 weeks ago
Cadence Design Systems (CDNS) is a Top-Ranked Growth Stock: Should You Buy? Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. zacks.com - 1 month ago
Is Most-Watched Stock Cadence Design Systems, Inc. (CDNS) Worth Betting on Now? 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 - 1 month ago
Why Cadence Design Systems Plunged Late in the Day Today Shares of electronic design automation company Cadence Design Systems (CDNS -10.44%) dropped late Wednesday, finishing the day down 10.4%. fool.com - 1 month ago
8. Profile Summary

Cadence Design Systems, Inc. CDNS

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COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 89.2 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 12837
Officers 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. Marc Taxay J.D. Senior Vice President, General Counsel & Corporate Secretary Mr. Paul Scannell Senior Vice President of Customer Success Team Mr. Ariel Sella Co-Founder Mr. John M. Wall Senior Vice President & Chief Financial Officer Mr. Tarak Ray Chief Information Officer & Senior 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