Cadence Design Systems, Inc.
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📈 ZcoreAI Score
Our AI model analyzes Cadence Design Systems, Inc.'s price action across multiple timeframes using regression channels and statistical scoring.
Get CDNS Z-Score →About Cadence Design Systems, Inc.
Technology
Software - Application
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including Innovus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI express, universal accelerator and compute express links, and multiple memory interfaces; and Tensilica, a digital signal processor. In addition, the company's design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and OrCAD X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AWR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphysics platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA for the development of engineering solutions tailored for agentic AI chip and system design. The company was incorporated in 1987 and is headquartered in San Jose, California.
📊 Fundamental Analysis
Cadence Design Systems, Inc. demonstrates a healthy profit margin of 20.9%.
The company recently reported 6.2% revenue growth, which is modest compared to its industry peers.
Return on Equity (ROE) is 21.9%, which exceeds the Technology sector average, reflecting efficient capital allocation.
At a current price of $265.66, CDNS currently trades near the bottom of its 52-week range (14%), indicating potential value or weakness (Range: $247.70 - $376.45).
💰 Valuation Insight
CDNS trades at a 118.1% premium to the sector average PE of 30.00. Analysts expect earnings growth, as indicated by a lower forward PE.
🏥 Financial Health
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Profit Margin
Moderate
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Debt/Equity
Elevated
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Revenue Growth
Weak
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Return on Equity
Moderate
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Beta (Risk)
Moderate Volatility
Key Financials
Market Cap
$73.35B
Trailing P/E
65.43
Forward P/E
28.22
Beta (5Y)
1.04
52W High
$376.45
52W Low
$247.70
Avg Volume
2.57M
Day High
Day Low