Cadence Design Systems (CDNS23) Stock Overview

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

CDNS23 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	6/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings are forecast to grow 12.49% per year

Earnings grew by 36.2% over the past year

Risk Analysis

No risks detected for CDNS23 from our risk checks.

CDNS23 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$5.20
52 Week High	US$6.55
52 Week Low	US$5.15
Beta	1.14
1 Month Change	-11.11%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-19.38%

Recent updates

Shareholder Returns

	CDNS23	TH Software	TH Market
7D	-5.5%	-2.8%	-0.2%
1Y	n/a	-25.2%	28.9%

Return vs Industry: Insufficient data to determine how CDNS23 performed against the TH Software industry.

Return vs Market: Insufficient data to determine how CDNS23 performed against the TH Market.

Price Volatility

Is CDNS23's price volatile compared to industry and market?
CDNS23 volatility
CDNS23 Average Weekly Movement	5.5%
Software Industry Average Movement	7.4%
Market Average Movement	4.0%
10% most volatile stocks in TH Market	10.1%
10% least volatile stocks in TH Market	1.9%

Stable Share Price: CDNS23 has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: Insufficient data to determine CDNS23's volatility change 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?
CDNS23 fundamental statistics
Market cap	฿2.82t
Earnings (TTM)	฿45.04b
Revenue (TTM)	฿190.82b

62.7x

P/E Ratio

14.8x

P/S Ratio

Is CDNS23 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDNS23 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 CDNS23 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/21 18:26
End of Day Share Price	2026/08/21 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 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 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
Gary Mobley	Benchmark Company
Gustav Froberg	Berenberg

Cadence Design Systems, Inc.SET:CDNS23 Stock Report