CDNS logo

Cadence Design Systems, Inc. Stock Price

NasdaqGS:CDNS Community·US$91.7b Market Cap
  • 4 Narratives written by author
  • 0 Comments on narratives written by author
  • 203 Fair Values set on narratives written by author

CDNS Share Price Performance

US$340.02
-16.95 (-4.75%)
US$344.64
Fair Value
US$340.02
-16.95 (-4.75%)
1.3% undervalued intrinsic discount
US$344.64
Fair Value
Price US$340.02
TibiT US$344.64
AnalystConsensusTarget US$394.79
AnalystHighTarget US$470.00

CDNS Community Narratives

Fair Value
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Fair Value US$344.64 1.3% undervalued intrinsic discount

Cadence Design Systems (CDNS) – The Architect of the AI Era

0users have liked this narrative
0users have commented on this narrative
5users have followed this narrative
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Fair Value US$394.79 13.9% undervalued intrinsic discount

CDNS: Advanced AI Chip Designs Will Drive Continued Market Leadership

2users have liked this narrative
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82users have followed this narrative
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Fair Value US$470 27.7% undervalued intrinsic discount

AI And IoT Advances Will Stimulate Next-Generation Chip Design

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4users have followed this narrative
US$344.64
1.3% undervalued intrinsic discount
Fair Value
Revenue
11.1% p.a.
Profit Margin
37.3%
Future PE
41.4x
Price in 2031
US$518.33
US$470
27.7% undervalued intrinsic discount
Revenue
15.98% p.a.
Profit Margin
28.51%
Future PE
64.44x
Price in 2029
US$600.95
US$394.79
13.9% undervalued intrinsic discount
Revenue
13.47% p.a.
Profit Margin
24.18%
Future PE
74.12x
Price in 2029
US$505.94
US$315.1
7.9% overvalued intrinsic discount
Revenue
11.6% p.a.
Profit Margin
20.8%
Future PE
71.69x
Price in 2029
US$403.01

Trending Discussion

No trending discussion available.

Updated Narratives

CDNS logo

Cadence Design Systems (CDNS) – The Architect of the AI Era

Fair Value: US$344.64 1.3% undervalued intrinsic discount
5 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
CDNS logo

CDNS: Agentic AI Engineer And Hardware Strength Will Support Future Upside

Fair Value: US$470 27.7% undervalued intrinsic discount
4 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
CDNS logo

CDNS: AI Design Tools And Digital Twins Will Drive Balanced Future Outlook

Fair Value: US$394.79 13.9% undervalued intrinsic discount
82 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Outstanding track record with adequate balance sheet.

0 Risks
2 Rewards

Cadence Design Systems, Inc. Key Details

US$5.8b

Revenue

US$824.8m

Cost of Revenue

US$5.0b

Gross Profit

US$3.6b

Other Expenses

US$1.4b

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
5.00
85.87%
23.61%
36.2%
View Full Analysis

About CDNS

Founded
1987
Employees
13800
CEO
Anirudh Devgan
WebsiteView website
www.cadence.com

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 In novus 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 Ten Silica, 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 Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR 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 multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.

Recent CDNS News & Updates

Narrative Update Jul 30

CDNS: Agentic AI Engineer And Hardware Strength Will Support Future Upside

Analysts have nudged their fair value estimate for Cadence Design Systems higher from $450 to $470 as they weigh stronger AI and hardware demand, raised guidance, and a growing addressable market against questions around AI monetization, margin pressure, and a still elevated future P/E profile. Analyst Commentary Recent commentary on Cadence Design Systems points to a generally constructive tone from bullish analysts, even as they highlight valuation and margin questions.
Seeking Alpha Jul 29

Cadence Keeps Winning But The Share Price Is Years Ahead

Summary Cadence Design Systems (CDNS) delivers strong Q2 results, raises 2026 outlook, but trades at a premium 43x 2026E earnings. CDNS is broadening beyond core EDA, with rapid growth in Semiconductor IP and System Design & Analysis, supported by the Hexagon acquisition. Backlog hits $8.1B with 80% recurring revenue, but China exposure and regulatory risks warrant monitoring. At $345, CDNS requires sustained 15%+ EPS growth and a high exit multiple for a 10% annual return, justifying a Hold rating. Read the full article on Seeking Alpha

Recent updates

No updates