Cadence Design Systems Inc

$299.70
(as of Feb 4, 3:59 PM EST)

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Ticker Information for Cadence Design Systems Inc

Stock Price
$299.71
Ticker Symbol
CDNS
Exchange
NASDAQ

Industry Information for Cadence Design Systems Inc

Sector
Technology
Industry
Software - Application

Company Description for Cadence Design Systems Inc

Country
USA
Full Time Employees
12,703

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 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, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. 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 with 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 consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

Fundamentals for Cadence Design Systems Inc

Market Capitalization
$81,812,652,032
EBITDA
$1,450,493,056
Dividends per Share
P/E Ratio
78.29
Forward P/E Ratio
43.29
Earnings per Share
$3.81
Earnings per Share Estimate Next Year
$6.84
Profit Margin
23.87%
Shares Outstanding
274,263,008
Percent Owned by Insiders
0.80%
Percent Owned by Institutions
91.76%
52-Week High
$328.99
52-Week Low
$241.29

Technical Indicators for Cadence Design Systems Inc

50-Day Moving Average
$305.19
200-Day Moving Average
$288.10
RSI
48.2
9.64

Analyst Ratings for Cadence Design Systems Inc

Strong Buy
12
Buy
5
Hold
3
Sell
0
Strong Sell
1

News About Cadence Design Systems Inc

Feb 4, 2025, 9:00 AM EST
Cadence Design Systems (CDNS) has been one of the most searched-for stocks on Zacks.com lately. See more.
Feb 4, 2025, 8:00 AM EST
Cadence Design Systems, Inc. See more.
Jan 31, 2025, 5:50 PM EST
The most recent trading session ended with Cadence Design Systems (CDNS) standing at $297.62, reflecting a -0.05% shift from the previouse trading day's closing. See more.
Jan 30, 2025, 8:00 AM EST
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know worries about.' See more.
Jan 27, 2025, 9:30 AM EST
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. See more.