CDNS

CADENCE DESIGN SYSTEMS INC

Technology • USA

Apr 05 • 04:00PM ET
321.56
+2.79 (+0.88%)
Company Profile

Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. It also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, o ... read more

Full Time Employees 12,703
Phone 408 943 1234
Website https://www.cadence.com
CEO Dr. Anirudh Devgan Ph.D.
IPO Date 1987-06-10
Sector Technology
Industry Software - Application
Address Building 5, San Jose, CA 95134
Balance Sheet
Total Cash $2,777,674,000
Total Debt $2,477,159,000
Current Ratio 3.07
Quick Ratio 2.58
Profitability
Gross Margin 85.86%
Net Margin 22.19%
ROE 22.64%
ROA 12.00%
ROIC 15.12%
Balance Sheet
Total Cash $2,777,674,000
Total Debt $2,477,159,000
Current Ratio 3.07
Quick Ratio 2.58
Profitability
Gross Margin 85.86%
Net Margin 22.19%
ROE 22.64%
ROA 12.00%
ROIC 15.12%
Name CADENCE DESIGN SYSTEMS INC Sector Technology Currency USD Relative Volume 1.94 Market Cap 63834
Current Ratio 2.93 Dividend / Share 0.0 EPS 3.85 Revenue 4641264000 P/S 13.8
P/E 60.5 Beta 1.75 Income 1055484000 Volume 4200209 Average Volume 2162756
Distance to 200DMA -17.56% 200 DMA 282.49 50 DMA 268.58 ROA 13.6 ROE 24.7
Distance to 50DMA -13.29% Return 1Y -25.02% Return YTD -22.49% Forward PE Qtly Growth YOY
Debt/Eq 0.92 P/B 13.7 Dividend Yield 0.0% Net Margin 22.74% Payout Ratio 0.0
Performance
52 Week Range 0.0%
Distance to 200DMA 0.0%
Day Change Percent $0.00

Performance Range

Day

$196
Current
Low: High:
Month

$196
Current
Low: High:
Month

$196
Current
Low: High:
Month

$196
Current
Low: High:
Month

$196
Current
Low: High:
Balance Sheet
Total Cash $2,786,040,000
Total Debt $2,825,190,000
Current Ratio 2.45%
Quick Ratio 2.00%
Profitability
Gross Margin 85.86%
Net Margin 22.19%
ROE 22.64%
ROA 12.00%
ROIC 15.12%
Valuation
Price to Earnings 80.87
Price to Book 18.31
Price to Sales 17.94
Price to Free Cash Flow 63.45
Dividends
Payout Ratio 0.00%
Dividend Yield 0.00%
Dividend Amount $0.00
Performance
52 Week Range 0.0%
Distance to 200DMA 0.0%
Day Change Percent $0.00
Company Profile

Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. It also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, o ... read more

Full Time Employees 12,703
Phone 408 943 1234
Website https://www.cadence.com
CEO Dr. Anirudh Devgan Ph.D.
IPO Date 1987-06-10
Sector Technology
Address Building 5, San Jose, CA 95134
Histogram - Daily

Balance Sheet
Total Cash $2,786,040,000
Total Debt $2,825,190,000
Current Ratio 2.45%
Quick Ratio 2.00%
Profitability
Gross Margin 0.8780%
Net Margin 0.2390%
ROE 0.26%
ROA 0.15%
Company Profile

Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. It also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, o ... read more

Full Time Employees 12,703
Phone 408 943 1234
Website https://www.cadence.com
CEO Dr. Anirudh Devgan Ph.D.
IPO Date 1987-06-10
Sector Technology
Address Building 5, San Jose, CA 95134
Monthly Win Rate

Balance Sheet (Multi-Column Example)
Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023
Cash & Short Term Investments 53,775.0 65,171.0 61,801.0 67,150.0 73,100.0 61,555.0 62,482.0 55,872.0
Receivables 59,306.0 66,243.0 43,172.0 41,150.0 50,102.0 60,985.0 39,186.0 35,899.0
Inventory 6,911.0 7,286.0 6,165.0 6,232.0 6,511.0 6,331.0 7,351.0 7,482.0

Latest News

Cadence (CDNS) Reliance on International Sales: What Investors Need to Know
Cadence (CDNS) Reliance on International Sales: What Investors Need to Know

Review Cadence's (CDNS) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.

2025-05-13 10:20:58 - zacks.com
Cadence Design Systems, Inc. (CDNS) 20th Annual Needham Technology, Media, & Consumer Conference (Transcript)
Cadence Design Systems, Inc. (CDNS) 20th Annual Needham Technology, Media, & Con

Cadence Design Systems, Inc. (NASDAQ:CDNS ) 20th Annual Needham Technology, Media, & Consumer Conference May 12, 2025 1:30 PM ET Company Participants Nimish Modi - Senior Vice President & General Mana

2025-05-12 16:40:21 - seekingalpha.com
Why Cadence Design Systems Rallied 17.1% in April
Why Cadence Design Systems Rallied 17.1% in April

Shares of semiconductor software design firm Cadence Design Systems (CDNS 0.75%) rallied 17.1%, according to data from S&P Global Market Intelligence. Cadence makes the electronic design automation so

2025-05-08 10:07:00 - https://www.fool.com
Cadence Accelerates Physical AI Applications with Tensilica NeuroEdge 130 AI Co-Processor
Cadence Accelerates Physical AI Applications with Tensilica NeuroEdge 130 AI Co-

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--The Cadence Tensilica NeuroEdge 130 AI Co-Processor complements any NPU to enable end-to-end execution of the latest agentic and physical AI networks

2025-05-07 16:30:00 - businesswire.com
Cadence Unveils Millennium M2000 Supercomputer with NVIDIA Blackwell Systems to Transform AI-Driven Silicon, Systems and Drug Design
Cadence Unveils Millennium M2000 Supercomputer with NVIDIA Blackwell Systems to

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $CDNS #cadence--The new Cadence Millennium M2000 Supercomputer featuring NVIDIA Blackwell systems delivers AI-accelerated simulation at unmatched speed and sca

2025-05-07 12:45:00 - businesswire.com
Cadence Design's Q1: Backlog Capitulation
Cadence Design's Q1: Backlog Capitulation

Cadence Design Systems reported strong Q1 FY25 earnings, with revenue growth over 20%, driven by Core EDA and robust IP business momentum. AI, chiplet-based designs, and foundry ecosystem expansions a

2025-05-01 13:08:37 - seekingalpha.com
Why Cadence Design Systems Stock Is Jumping Today
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.

2025-04-29 14:28:00 - fool.com
Cadence Expands Design IP Portfolio Optimized for Intel 18A and Intel 18A-P Technologies, Advancing AI, HPC and Mobility Applications
Cadence Expands Design IP Portfolio Optimized for Intel 18A and Intel 18A-P Tech

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.

2025-04-29 12:00:00 - businesswire.com
Cadence's Q1 Earnings & Revenues Surpass Estimates, Surge Y/Y
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.

2025-04-29 09:51:14 - zacks.com
Cadence Design Systems, Inc. (CDNS) Q1 2025 Earnings Call Transcript
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

2025-04-28 19:11:18 - seekingalpha.com
Cadence (CDNS) Reports Q1 Earnings: What Key Metrics Have to Say
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

2025-04-28 19:00:39 - zacks.com
Cadence Design Systems (CDNS) Beats Q1 Earnings and Revenue Estimates
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.

2025-04-28 18:15:35 - zacks.com
Chip design software maker Cadence raises annual forecasts on steady AI demand
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

2025-04-28 16:49:28 - reuters.com
Cadence Design Systems: Gaining Ground To Synopsys
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

2025-04-27 07:59:55 - seekingalpha.com