Cadence Design Systems (CDS) Stock Overview

Provides software, hardware, and other services worldwide. More details

CDS fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	3/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings are forecast to grow 17.49% per year

Earnings have grown 9.3% per year over the past 5 years

Analysts in good agreement that stock price will rise by 20.8%

Risk Analysis

No risks detected for CDS from our risk checks.

CDS 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$273.85
52 Week High	US$318.20
52 Week Low	US$270.05
Beta	1.04
1 Month Change	-2.16%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	182.84%
Change since IPO	2,182.08%

Recent updates

Shareholder Returns

	CDS	DE Software	DE Market
7D	-1.2%	0.08%	1.4%
1Y	n/a	-2.4%	13.2%

Return vs Industry: Insufficient data to determine how CDS performed against the German Software industry.

Return vs Market: Insufficient data to determine how CDS performed against the German Market.

Price Volatility

Is CDS's price volatile compared to industry and market?
CDS volatility
CDS Average Weekly Movement	5.0%
Software Industry Average Movement	6.7%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.8%
10% least volatile stocks in DE Market	2.4%

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

Volatility Over Time: Insufficient data to determine CDS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1987	12,700	Anirudh Devgan	www.cadence.com

Cadence Design Systems, Inc. provides software, hardware, and other services worldwide. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. It 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 performing sign-off checks for manufacturing; and Innovus implementation system, a digital IC design and signoff solution.

Cadence Design Systems, Inc. Fundamentals Summary

How do Cadence Design Systems's earnings and revenue compare to its market cap?
CDS fundamental statistics
Market cap	€74.03b
Earnings (TTM)	€913.17m
Revenue (TTM)	€4.49b

81.1x

P/E Ratio

16.5x

P/S Ratio

Is CDS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDS income statement (TTM)
Revenue	US$5.21b
Cost of Revenue	US$753.49m
Gross Profit	US$4.46b
Other Expenses	US$3.40b
Earnings	US$1.06b

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	3.90
Gross Margin	85.55%
Net Profit Margin	20.35%
Debt/Equity Ratio	47.7%

How did CDS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/14 00:44
End of Day Share Price	2025/11/14 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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 world class team 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 38 analysts. 24 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
Gary Mobley	Benchmark Company
Nay Soe Naing	Berenberg

Cadence Design Systems (CDS) Stock Overview

Rewards

Risk Analysis

Cadence Design Systems, Inc. Competitors

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Price History & Performance

Recent News & Updates

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

Cadence Molecular Sciences Announces the Launch of Rocs X

Insufficient new directors

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

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

Recent updates

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

Cadence Molecular Sciences Announces the Launch of Rocs X

Insufficient new directors

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

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

Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of BETA CAE Systems International AG.

Cadence Design Systems, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Cadence Design Systems, Inc., Annual General Meeting, May 02, 2024

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a share purchase agreement to acquire BETA CAE Systems International AG for $1.2 billion.

Cadence Design Systems, Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2024

John B. Shoven to Retire from the Board of Cadence Design Systems, Inc

Cadence Design Systems, Inc. Announces the Cadence Millennium Enterprise Multiphysics Platform

Cadence Design Systems, Inc. Significantly Advances ECAD/MCAD Convergence for Electronic Systems with New Celsius Studio AI Thermal Platform

Cadence Design Systems, Inc. (NasdaqGS:CDNS) acquired INVECAS Inc.

Cadence Design Systems, Inc. Announces Voltus InsightAI, Industry’s First Generative AI Technology that Automatically Identifies and Addresses EM-IR Violations

Cadence Design Systems, Inc. Expands Tensilica Ip Portfolio with New Hifi and Vision Dsps for Pervasive Intelligence and Edge Ai Inference

Cadence Design Systems, Inc. Expands Support for 3Dblox 2.0 Standard with New System Prototyping Flows

Cadence Design Systems, Inc. Announces the Expansion of its Node-to-Node Design Migration Flow Based on the Cadence Virtuoso Studio

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

Cadence Design Systems, Inc. Unveils Next-Generation Ai-Driven Orcad X Delivering Up to 5X Faster Pcb Design and Enabled with Cadence Oncloud

Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Rambus SerDes and memory interface PHY IP business from Rambus Inc. (NasdaqGS:RMBS).

Cadence Design Systems, Inc. Advances Pervasive Intelligence at the Edge with Next-Generation Extensible Tensilica Processor Platform

Cadence Design Systems, Inc. Provides Earnings Guidance for the Second Half and Full Year of Fiscal Year Ending December 31, 2023

Cadence Design Systems, Inc. Unveils Joules RTL Design Studio, Delivering Breakthrough Gains in RTL Productivity and Quality of Results

Cadence Design Systems, Inc. to Report Q2, 2023 Results on Jul 24, 2023

Cadence Design Systems, Inc. Announces AI-Based Virtuoso Studio Certified for Samsung Foundry PDKs for Mature and Advanced Nodes

Cadence Design Systems, Inc. (NasdaqGS:CDNS) announces an Equity Buyback for $200 million worth of its shares.

Cadence Design Systems, Inc. (NasdaqGS:CDNS) acquired Pulsic Limited.

Cadence Design Systems, Inc. Delivers 13 New VIP and Expands System VIP Portfolio to Accelerate Automotive, Hyperscale Data Center and Mobile SoC Verification

Cadence Design Systems, Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2023

Cadence Quantus FS Solution Achieves Certification for Samsung Foundry’s SF4, SF3E and SF3 Process Technologies

Tachyum Announces Amicable Settlement with Cadence Design Systems, Inc

Cadence Design Systems, Inc. Introduces Industry’s Leading-Performance, Silicon-Proven 22Gbps GDDR6 IP at TSMC N5

Cadence Design Systems, Inc. Accelerates RF Design with Delivery of New TSMC N16 mmWave Reference Flow

Cadence Design Systems, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2022

Cadence Design Systems, Inc. Announces the New Cadence Certus Closure Solution

Cadence Design Systems, Inc. Announced the Cadence Verisium Artificial Intelligence (A-Driven Verification Platform

Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of OpenEye Scientific Software, Inc.

Press Release: Cadence Accelerates Hyperscale Soc Design with Industry's First Verification IP and System VIP for Cxl 3.0

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreements to acquire OpenEye Scientific Software, Inc. for approximately $500 million.

Second quarter 2022 earnings released: EPS: US$0.69 (vs US$0.57 in 2Q 2021)

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.

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into an agreement to acquire Future Facilities Limited.

Cadence Design Systems, Inc. Introduces the Voltus-XFi Custom Power Integrity Solution, Delivering over 3X Productivity Gains

Now 20% undervalued after recent price drop

Cadence Design Systems, Inc. Expands Tensilica® ConnX Family of Radar, Lidar and Communications

Cadence Design Systems, Inc. Announces Xcelium Apps, a Portfolio of Domain-Specific Technologies

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

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

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

Cadence Design Systems, Inc. Announces the Availability of 15 New Verification IP Solutions

Cadence Digital Full Flow Achieves Certification for Global Foundries(R) 12LP/12LP+ Process Platforms

Independent Director recently sold €1.9m worth of stock

First quarter 2022 earnings released: EPS: US$0.86 (vs US$0.68 in 1Q 2021)

High number of new directors

Cadence Design Systems, Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2022