CDNS logo

Cadence Design Systems WBAG:CDNS Stock Report

Last Price

€292.80

Market Cap

€79.6b

7D

2.6%

1Y

57.1%

Updated

26 Mar, 2024

Data

Company Financials +

Cadence Design Systems, Inc.

WBAG:CDNS Stock Report

Market Cap: €79.6b

CDNS Stock Overview

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide.

CDNS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance6/6
Financial Health6/6
Dividends0/6

Cadence Design Systems, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cadence Design Systems
Historical stock prices
Current Share PriceUS$292.80
52 Week HighUS$301.00
52 Week LowUS$182.00
Beta1.04
1 Month Change4.87%
3 Month Change18.54%
1 Year Change57.13%
3 Year Changen/a
5 Year Changen/a
Change since IPO150.77%

Recent News & Updates

Recent updates

Shareholder Returns

CDNSAT SoftwareAT Market
7D2.6%3.1%1.2%
1Y57.1%38.9%7.4%

Return vs Industry: CDNS exceeded the Austrian Software industry which returned 38.9% over the past year.

Return vs Market: CDNS exceeded the Austrian Market which returned 7.4% over the past year.

Price Volatility

Is CDNS's price volatile compared to industry and market?
CDNS volatility
CDNS Average Weekly Movement4.4%
Software Industry Average Movement6.1%
Market Average Movement3.3%
10% most volatile stocks in AT Market5.0%
10% least volatile stocks in AT Market1.6%

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

Volatility Over Time: CDNS's weekly volatility (4%) has been stable over the past year, but is still higher than 75% of Austrian stocks.

About the Company

FoundedEmployeesCEOWebsite
198711,200Anirudh Devganhttps://www.cadence.com

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.

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€79.59b
Earnings (TTM)€961.29m
Revenue (TTM)€3.78b

82.8x

P/E Ratio

21.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDNS income statement (TTM)
RevenueUS$4.09b
Cost of RevenueUS$435.04m
Gross ProfitUS$3.65b
Other ExpensesUS$2.61b
EarningsUS$1.04b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)3.82
Gross Margin89.36%
Net Profit Margin25.46%
Debt/Equity Ratio19.1%

How did CDNS perform over the long term?

See historical performance and comparison
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