Cadence Design Systems (CDNS) Stock Overview

Develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. More details

CDNS fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	6/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings are forecast to grow 12.59% per year

Earnings grew by 36.2% over the past year

Analysts in good agreement that stock price will rise by 41.5%

Risk Analysis

No risks detected for CDNS from our risk checks.

CDNS Community Fair Values

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Cadence Design Systems, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cadence Design Systems
Historical stock prices
Current Share Price	US$245.45
52 Week High	US$357.60
52 Week Low	US$225.40
Beta	1.14
1 Month Change	-13.02%
3 Month Change	-26.85%
1 Year Change	-17.95%
3 Year Change	7.84%
5 Year Change	73.41%
Change since IPO	110.22%

Recent updates

Shareholder Returns

	CDNS	AT Software	AT Market
7D	-7.4%	-1.0%	1.3%
1Y	-18.0%	-18.0%	37.5%

Return vs Industry: CDNS matched the Austrian Software industry which returned -18% over the past year.

Return vs Market: CDNS underperformed the Austrian Market which returned 37.5% over the past year.

Price Volatility

Is CDNS's price volatile compared to industry and market?
CDNS volatility
CDNS Average Weekly Movement	5.3%
Software Industry Average Movement	5.8%
Market Average Movement	4.1%
10% most volatile stocks in AT Market	9.1%
10% least volatile stocks in AT Market	2.6%

Stable Share Price: CDNS has not had significant price volatility in the past 3 months compared to the Austrian market.

Volatility Over Time: CDNS's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	13,800	Anirudh Devgan	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.

Cadence Design Systems, Inc. Fundamentals Summary

How do Cadence Design Systems's earnings and revenue compare to its market cap?
CDNS fundamental statistics
Market cap	€67.50b
Earnings (TTM)	€1.19b
Revenue (TTM)	€5.03b

56.9x

P/E Ratio

13.4x

P/S Ratio

Is CDNS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDNS income statement (TTM)
Revenue	US$5.84b
Cost of Revenue	US$824.81m
Gross Profit	US$5.01b
Other Expenses	US$3.63b
Earnings	US$1.38b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	5.00
Gross Margin	85.87%
Net Profit Margin	23.61%
Debt/Equity Ratio	36.2%

How did CDNS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/10 23:51
End of Day Share Price	2026/09/10 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cadence Design Systems, Inc. is covered by 37 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Joseph Vruwink	Baird
Nay Soe Naing	Berenberg
Gustav Froberg	Berenberg

Cadence Design Systems (CDNS) Stock Overview

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Cadence Design Systems, Inc. Competitors

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Price History & Performance

Recent News & Updates

Cadence Design Systems Achieves First-Pass Pci Express 6.0 Specification Compliance with Subsystem Solution in Tsmc N3 Process

Second quarter 2026 earnings released: EPS: US$1.34 (vs US$0.59 in 2Q 2025)

Cadence Design Systems, Inc. Provides Earnings Guidance for the third quarter Ending September 30, 2026; Updates Earnings Guidance for the Fiscal Year Ending December 31, 2026

Investor sentiment deteriorates as stock falls 15%

Cadence Introduces AuraStack AI Super Agent, the World’s First Agentic AI Platform for PCB and Advanced Packaging

New minor risk - Share price stability

Recent updates

Cadence Design Systems Achieves First-Pass Pci Express 6.0 Specification Compliance with Subsystem Solution in Tsmc N3 Process

Second quarter 2026 earnings released: EPS: US$1.34 (vs US$0.59 in 2Q 2025)

Cadence Design Systems, Inc. Provides Earnings Guidance for the third quarter Ending September 30, 2026; Updates Earnings Guidance for the Fiscal Year Ending December 31, 2026

Investor sentiment deteriorates as stock falls 15%

Cadence Introduces AuraStack AI Super Agent, the World’s First Agentic AI Platform for PCB and Advanced Packaging

New minor risk - Share price stability

Cadence Design Systems, Inc. to Report Q2, 2026 Results on Jul 27, 2026

Cadence Unveils Industry’S First Fully Autonomous Virtual Engineer for Chip Design

Cadence Design Systems, Inc. Raises Earnings Guidance for the Year Ending December 31, 2026

First quarter 2026 earnings released: EPS: US$1.23 (vs US$1.01 in 1Q 2025)

Cadence Design Systems, Inc., Annual General Meeting, May 07, 2026

Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Design & Engineering business of Hexagon Smart.

Full year 2025 earnings released: EPS: US$4.09 (vs US$3.89 in FY 2024)

Cadence Design Systems, Inc. Provides Earnings Guidance for the Fiscal Year 2026

Cadence Unleashes ChipStack Ai Super Agent

New minor risk - Share price stability

Cadence Unveils Tensilica HiFi iQ DSP Purpose-Built for Next-Generation Voice AI and Audio Applications

Cadence Delivers Enterprise-Level Reliability with Next-Gen Low-Power Dram for Ai Applications Featuring Microsoft Raiddr Ecc Technology

Now 24% overvalued

Cadence Launches Partner Ecosystem to Accelerate Chiplet Time to Market

Insufficient new directors

Insufficient new directors

Cadence Design Systems, Inc. Appoints Luc Van Den Hove to Its Board of Directors, Effective January 1, 2026

Third quarter 2025 earnings released: EPS: US$1.06 (vs US$0.88 in 3Q 2024)

Cadence Design Systems, Inc. Raises Earnings Guidance for the Fiscal Year Ending December 31, 2025

New major risk - Share price stability

Cadence Molecular Sciences Announces the Launch of Rocs X

Cadence Expands Digital Twin Platform Library with NVIDIA DGX SuperPOD Model to Accelerate AI Data Center Deployment and Operations

Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Artisan Foundation IP Business from Arm Holdings plc (NasdaqGS:ARM).

Second quarter 2025 earnings released: EPS: US$0.59 (vs US$0.85 in 2Q 2024)

Cadence Design Systems, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2025 and Fiscal Year Ending December 31, 2025

Cadence Design Systems, Inc. Introduces LPDDR6/5X 14.4Gbps Memory IP to Power Next-Generation AI Infrastructure

Cadence Unveils Millennium M2000 Supercomputer with NVIDIA Blackwell Systems to Transform AI-Driven Silicon, Systems and Drug Design

Cadence Expands Design IP Portfolio Optimized for Intel 18A and Intel 18A-P Technologies, Advancing AI, HPC and Mobility Applications

First quarter 2025 earnings released: EPS: US$1.01 (vs US$0.92 in 1Q 2024)

Cadence Design Systems, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2025

Cadence Advances Ai in the Cloud with DDR5 12.8Gbps MRDIMM Gen2 Memory Ip System Solution

Cadence Systems, Inc. Enables Next-Gen AI and HPC Systems with Industry's HBM4 12.8Gbps IP Memory System Solution

Insufficient new directors

Cadence Design Systems, Inc., Annual General Meeting, May 08, 2025

Now 22% overvalued

Silvaco Group, Inc. (NasdaqGS:SVCO) acquired Process Proximity Compensation Product Line of Cadence Design Systems, Inc.

Full year 2024 earnings released: EPS: US$3.89 (vs US$3.87 in FY 2023)

Cadence Design Systems, Inc. Provides Earnings Guidance for the Fiscal Year 2025

Insufficient new directors

New major risk - Share price stability

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Secure-IC S.A.S.

Insufficient new directors

Cadence Design Systems, Inc. Appoints Moshe Gavrielov to Board of Directors, Effective January 1, 2025

Now 23% overvalued after recent price rise

Third quarter 2024 earnings released: EPS: US$0.88 (vs US$0.94 in 3Q 2023)

Cadence Design Systems, Inc. Provides Unaudited Financial Guidance for the Fourth Quarter and Full Year Ending December 31, 2024

Altair Engineering Reportedly Explores Sale After Acquisition Interest

New major risk - Share price stability

Insufficient new directors

Now 21% undervalued after recent price drop

Now 26% undervalued after recent price drop

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: US$0.85 (vs US$0.82 in 2Q 2023)

Cadence Design Systems, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024

Cadence Design Systems, Inc. to Report Q2, 2024 Results on Jul 22, 2024

Cadence Design Systems, Inc. Expands System IP Portfolio with Network on Chip to Optimize Electronic System Connectivity