CDNS Stock Overview Provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. More details
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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$291.95 52 Week High US$310.70 52 Week Low US$216.15 Beta 1.04 1 Month Change 1.34% 3 Month Change 12.64% 1 Year Change 6.09% 3 Year Change 128.01% 5 Year Change n/a Change since IPO 150.04%
Recent News & Updates
New major risk - Share price stability Jan 28
Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Secure-IC S.A.S. Jan 22
Cadence Design Systems, Inc. (NasdaqGS:CDNS) has entered into a definitive agreement to acquire Secure-IC S.A.S. Jan 21
Insufficient new directors Dec 17
Cadence Design Systems, Inc. Appoints Moshe Gavrielov to Board of Directors, Effective January 1, 2025 Dec 13
Now 23% overvalued after recent price rise Nov 06 See more updates
New major risk - Share price stability Jan 28
Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Secure-IC S.A.S. Jan 22
Cadence Design Systems, Inc. (NasdaqGS:CDNS) has entered into a definitive agreement to acquire Secure-IC S.A.S. Jan 21
Insufficient new directors Dec 17
Cadence Design Systems, Inc. Appoints Moshe Gavrielov to Board of Directors, Effective January 1, 2025 Dec 13
Now 23% overvalued after recent price rise Nov 06
Third quarter 2024 earnings released: EPS: US$0.88 (vs US$0.94 in 3Q 2023) Oct 29
Cadence Design Systems, Inc. Provides Unaudited Financial Guidance for the Fourth Quarter and Full Year Ending December 31, 2024 Oct 29
Altair Engineering Reportedly Explores Sale After Acquisition Interest Oct 23
New major risk - Share price stability Sep 13
Insufficient new directors Sep 01
Now 21% undervalued after recent price drop Aug 29
Now 26% undervalued after recent price drop Aug 03
New minor risk - Share price stability Jul 26
Second quarter 2024 earnings released: EPS: US$0.85 (vs US$0.82 in 2Q 2023) Jul 23
Cadence Design Systems, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024 Jul 23
Cadence Design Systems, Inc. to Report Q2, 2024 Results on Jul 22, 2024 Jul 06
Cadence Design Systems, Inc. Expands System IP Portfolio with Network on Chip to Optimize Electronic System Connectivity Jun 25
Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of BETA CAE Systems International AG. Jun 05
First quarter 2024 earnings released: EPS: US$0.92 (vs US$0.90 in 1Q 2023) Apr 24
Cadence Design Systems, Inc. to Report Q1, 2024 Results on Apr 22, 2024 Apr 06 Cadence Design Systems, Inc., Annual General Meeting, May 02, 2024 Mar 22
Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a share purchase agreement to acquire BETA CAE Systems International AG for $1.2 billion. Mar 06
Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a share purchase agreement to acquire BETA CAE Systems International AG for $1.2 billion. Mar 05
Full year 2023 earnings released: EPS: US$3.87 (vs US$3.13 in FY 2022) Feb 13
Cadence Design Systems, Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2024 Feb 13
John B. Shoven to Retire from the Board of Cadence Design Systems, Inc Feb 03
Cadence Design Systems, Inc. Announces the Cadence Millennium Enterprise Multiphysics Platform Feb 02
Cadence Design Systems, Inc. Significantly Advances ECAD/MCAD Convergence for Electronic Systems with New Celsius Studio AI Thermal Platform Feb 01
Cadence Design Systems, Inc. (NasdaqGS:CDNS) acquired INVECAS Inc. Jan 09
Cadence Design Systems, Inc. Announces Voltus InsightAI, Industry’s First Generative AI Technology that Automatically Identifies and Addresses EM-IR Violations Nov 03 Cadence Design Systems, Inc. Expands Tensilica Ip Portfolio with New Hifi and Vision Dsps for Pervasive Intelligence and Edge Ai Inference
Third quarter 2023 earnings released: EPS: US$0.94 (vs US$0.69 in 3Q 2022) Oct 24
Cadence Design Systems, Inc. Expands Support for 3Dblox 2.0 Standard with New System Prototyping Flows Sep 28
Cadence Design Systems, Inc. Announces the Expansion of its Node-to-Node Design Migration Flow Based on the Cadence Virtuoso Studio Sep 26 Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Intrinsix Corp. from CEVA, Inc. (NasdaqGS:CEVA) for $31.3 million.
Cadence Design Systems, Inc. Accelerates On-Device and Edge AI Performance and Efficiency with New Neo NPU IP and NeuroWeave SDK for Silicon Design Sep 14
Cadence Design Systems, Inc. Unveils Next-Generation Ai-Driven Orcad X Delivering Up to 5X Faster Pcb Design and Enabled with Cadence Oncloud Sep 13
Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Rambus SerDes and memory interface PHY IP business from Rambus Inc. (NasdaqGS:RMBS). Sep 08
Independent Director recently sold €1.9m worth of stock Aug 11
Independent Director recently sold €956k worth of stock Aug 04
Cadence Design Systems, Inc. Advances Pervasive Intelligence at the Edge with Next-Generation Extensible Tensilica Processor Platform Aug 03
Cadence Design Systems, Inc. Provides Earnings Guidance for the Second Half and Full Year of Fiscal Year Ending December 31, 2023 Jul 26
Second quarter 2023 earnings released: EPS: US$0.82 (vs US$0.69 in 2Q 2022) Jul 25 Cadence Design Systems, Inc. Unveils Joules RTL Design Studio, Delivering Breakthrough Gains in RTL Productivity and Quality of Results Jul 14
Cadence Design Systems, Inc. to Report Q2, 2023 Results on Jul 24, 2023 Jul 08
Cadence Design Systems, Inc. Announces AI-Based Virtuoso Studio Certified for Samsung Foundry PDKs for Mature and Advanced Nodes Jun 28
New minor risk - Share price stability Jun 17
Cadence Design Systems, Inc. (NasdaqGS:CDNS) announces an Equity Buyback for $200 million worth of its shares. Jun 14
Cadence Design Systems, Inc. (NasdaqGS:CDNS) acquired Pulsic Limited. May 23
First quarter 2023 earnings released: EPS: US$0.90 (vs US$0.86 in 1Q 2022) Apr 25
Independent Director recently sold €1.8m worth of stock Feb 23
Cadence Design Systems, Inc. Delivers 13 New VIP and Expands System VIP Portfolio to Accelerate Automotive, Hyperscale Data Center and Mobile SoC Verification Feb 18
Full year 2022 earnings released: EPS: US$3.13 (vs US$2.55 in FY 2021) Feb 14
Cadence Design Systems, Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2023 Feb 14
Cadence Quantus FS Solution Achieves Certification for Samsung Foundry’s SF4, SF3E and SF3 Process Technologies Jan 26
Tachyum Announces Amicable Settlement with Cadence Design Systems, Inc Jan 18
Independent Director recently sold €1.3m worth of stock Dec 09
High number of new directors Nov 16
Cadence Design Systems, Inc. Introduces Industry’s Leading-Performance, Silicon-Proven 22Gbps GDDR6 IP at TSMC N5 Nov 16
Cadence Design Systems, Inc. Accelerates RF Design with Delivery of New TSMC N16 mmWave Reference Flow Oct 27
Third quarter 2022 earnings released: EPS: US$0.69 (vs US$0.65 in 3Q 2021) Oct 25
Cadence Design Systems, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2022 Oct 25
Cadence Design Systems, Inc. Announces the New Cadence Certus Closure Solution Oct 12
Cadence Design Systems, Inc. Announced the Cadence Verisium Artificial Intelligence (A-Driven Verification Platform Sep 14
Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of OpenEye Scientific Software, Inc. Sep 02
Press Release: Cadence Accelerates Hyperscale Soc Design with Industry's First Verification IP and System VIP for Cxl 3.0 Aug 06
Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreements to acquire OpenEye Scientific Software, Inc. for approximately $500 million. Jul 27
Second quarter 2022 earnings released: EPS: US$0.69 (vs US$0.57 in 2Q 2021) Jul 26 Cadence Design Systems, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2022
Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Future Facilities Limited. Jul 16
Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into an agreement to acquire Future Facilities Limited. Jul 12
Cadence Design Systems, Inc. Introduces the Voltus-XFi Custom Power Integrity Solution, Delivering over 3X Productivity Gains Jul 08
Cadence Design Systems, Inc. Expands Tensilica® ConnX Family of Radar, Lidar and Communications Jul 01
Cadence Design Systems, Inc. Announces Xcelium Apps, a Portfolio of Domain-Specific Technologies Jun 30 Cadence Achieves PCIe 5.0 Specification Compliance for PHY and Controller IP in TSMC Advanced Technologies Cadence Design Systems, Inc.'s RFIC Solutions Support TSMC N6RF Design Reference Flow Jun 18
Cadence Design Systems, Inc. Announces Wide Range of Leading Semiconductor and System Customers Successfully Adopted Comprehensive Line-up of Cadence Design IP in TSMC’s 5nm Process Technology Jun 16 Cadence Design Systems, Inc. Extends Cloud Leadership with Transformational Cadence OnCloud SaaS and E-Commerce Platform
Independent Director recently sold €2.3m worth of stock Jun 02
Cadence Design Systems, Inc. Announces the Availability of 15 New Verification IP Solutions Jun 02
Cadence Digital Full Flow Achieves Certification for Global Foundries(R) 12LP/12LP+ Process Platforms May 20
Independent Director recently sold €1.9m worth of stock May 04
High number of new directors Apr 27
Cadence Design Systems, Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2022 Apr 26 Shareholder Returns CDNS AT Software AT Market 7D -4.1% 2.0% 0.9% 1Y 6.1% 39.4% 5.9%
See full shareholder returns
Return vs Market: CDNS matched the Austrian Market which returned 5.3% over the past year.
Price Volatility Is CDNS's price volatile compared to industry and market? CDNS volatility CDNS Average Weekly Movement 5.0% Software Industry Average Movement 6.1% Market Average Movement 3.9% 10% most volatile stocks in AT Market 6.1% 10% least volatile stocks in AT Market 2.0%
Stable Share Price: CDNS's share price has been volatile over the past 3 months compared to the Austrian market.
Volatility Over Time: CDNS's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of Austrian stocks.
About the Company 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.
Show more 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 €78.78b Earnings (TTM ) €1.00b Revenue (TTM ) €4.20b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) CDNS income statement (TTM ) Revenue US$4.35b Cost of Revenue US$531.64m Gross Profit US$3.82b Other Expenses US$2.78b Earnings US$1.04b
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 18, 2025
Earnings per share (EPS) 3.79 Gross Margin 87.79% Net Profit Margin 23.87% Debt/Equity Ratio 61.9%
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 2025/01/31 22:08 End of Day Share Price 2025/01/31 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
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 Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 here .
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Analyst Sources Cadence Design Systems, Inc. is covered by 42 analysts. 23 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 Ishan Majumdar Baptista Research Gary Mobley Benchmark Company
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