Cadence Design Systems, Inc.

NasdaqGS:CDNS Stock Report

Market Cap: US$82.7b

Cadence Design Systems Future Growth

Future criteria checks 3/6

Cadence Design Systems is forecast to grow earnings and revenue by 13.9% and 12.4% per annum respectively. EPS is expected to grow by 16.7% per annum. Return on equity is forecast to be 26.3% in 3 years.

Key information

13.9%

Earnings growth rate

16.7%

EPS growth rate

Software earnings growth17.0%
Revenue growth rate12.4%
Future return on equity26.3%
Analyst coverage

Good

Last updated13 Dec 2024

Recent future growth updates

Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 24
Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 16
Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Recent updates

Cadence Design Systems (NASDAQ:CDNS) Could Be Struggling To Allocate Capital

Dec 11
Cadence Design Systems (NASDAQ:CDNS) Could Be Struggling To Allocate Capital

Cadence Q3: Export Control Regulations Might Affect Growth; Downgrade To 'Sell'

Dec 02

There's Reason For Concern Over Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Massive 25% Price Jump

Nov 23
There's Reason For Concern Over Cadence Design Systems, Inc.'s (NASDAQ:CDNS) Massive 25% Price Jump

If EPS Growth Is Important To You, Cadence Design Systems (NASDAQ:CDNS) Presents An Opportunity

Nov 11
If EPS Growth Is Important To You, Cadence Design Systems (NASDAQ:CDNS) Presents An Opportunity

Cadence Design Systems: Initiating With A Buy On AI Strides

Oct 31

Estimating The Intrinsic Value Of Cadence Design Systems, Inc. (NASDAQ:CDNS)

Oct 25
Estimating The Intrinsic Value Of Cadence Design Systems, Inc. (NASDAQ:CDNS)

Is Now An Opportune Moment To Examine Cadence Design Systems, Inc. (NASDAQ:CDNS)?

Oct 13
Is Now An Opportune Moment To Examine Cadence Design Systems, Inc. (NASDAQ:CDNS)?

The Market Has High Expectations, But Cadence May Be Able To Exceed Them

Oct 03

Cadence Design Systems (NASDAQ:CDNS) Could Easily Take On More Debt

Oct 01
Cadence Design Systems (NASDAQ:CDNS) Could Easily Take On More Debt

A Look Into Cadence Design Systems' (NASDAQ:CDNS) Impressive Returns On Capital

Sep 01
A Look Into Cadence Design Systems' (NASDAQ:CDNS) Impressive Returns On Capital

Cadence Design Systems' (NASDAQ:CDNS) Promising Earnings May Rest On Soft Foundations

Jul 31
Cadence Design Systems' (NASDAQ:CDNS) Promising Earnings May Rest On Soft Foundations

Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 24
Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Cadence Design Systems: Accelerated Verification And Performance Should Support AI

Jul 23

Should You Think About Buying Cadence Design Systems, Inc. (NASDAQ:CDNS) Now?

Jul 04
Should You Think About Buying Cadence Design Systems, Inc. (NASDAQ:CDNS) Now?

Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?

Jun 23
Does Cadence Design Systems (NASDAQ:CDNS) Have A Healthy Balance Sheet?

Cadence Design Systems: Widening TAM But Less Room For Valuation Expansion

Jun 12

Cadence Design Systems: A Lot To Like, But Not At This Price

May 08

A Look At The Fair Value Of Cadence Design Systems, Inc. (NASDAQ:CDNS)

May 05
A Look At The Fair Value Of Cadence Design Systems, Inc. (NASDAQ:CDNS)

Cadence Design Systems: Patiently Waiting For A Better Price

Apr 29

Investors Still Waiting For A Pull Back In Cadence Design Systems, Inc. (NASDAQ:CDNS)

Apr 20
Investors Still Waiting For A Pull Back In Cadence Design Systems, Inc. (NASDAQ:CDNS)

Cadence Design Systems: AI R&D Upside Risk

Apr 17

Under The Bonnet, Cadence Design Systems' (NASDAQ:CDNS) Returns Look Impressive

Mar 25
Under The Bonnet, Cadence Design Systems' (NASDAQ:CDNS) Returns Look Impressive

Cadence Design Systems Is Locked In A Two-Headed Horse Race That Needs A Break

Mar 24

Does Cadence Design Systems (NASDAQ:CDNS) Deserve A Spot On Your Watchlist?

Mar 12
Does Cadence Design Systems (NASDAQ:CDNS) Deserve A Spot On Your Watchlist?

Cadence Design Systems: Impressive By Design

Mar 08

Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 16
Cadence Design Systems, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching

Feb 13
Why Cadence Design Systems, Inc. (NASDAQ:CDNS) Could Be Worth Watching

These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Jan 19
These 4 Measures Indicate That Cadence Design Systems (NASDAQ:CDNS) Is Using Debt Safely

Cadence Design Systems: Boosted Confidence In Resilience To Macro Headwinds

Jan 10

With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For

Jan 07
With Cadence Design Systems, Inc. (NASDAQ:CDNS) It Looks Like You'll Get What You Pay For

Earnings and Revenue Growth Forecasts

NasdaqGS:CDNS - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20265,9041,4581,8141,98813
12/31/20255,2551,2901,6821,81021
12/31/20244,6351,0421,0361,17220
9/30/20244,3541,0399521,091N/A
6/30/20244,1621,0559431,077N/A
3/31/20244,0771,0471,2101,335N/A
12/31/20234,0901,0411,2471,349N/A
9/30/20233,9219581,2351,341N/A
6/30/20233,8018901,1341,262N/A
3/31/20233,6828551,0411,173N/A
12/31/20223,5628491,1181,242N/A
10/1/20223,4357851,0901,194N/A
7/2/20223,2837751,0951,173N/A
4/2/20223,1547441,1601,229N/A
1/1/20222,9886961,0341,101N/A
10/2/20212,9756939401,021N/A
7/3/20212,891678848931N/A
4/3/20212,801654806896N/A
1/2/20212,683591810905N/A
9/26/20202,5231,077838929N/A
6/27/20202,4361,016773861N/A
3/28/20202,378992680762N/A
12/28/20192,336989655730N/A
9/28/20192,307428635702N/A
6/29/20192,259426613674N/A
3/30/20192,197393569633N/A
12/29/20182,138346543605N/A
9/29/20182,070233N/A600N/A
6/30/20182,023215N/A579N/A
3/31/20181,983209N/A536N/A
12/30/20171,943204N/A471N/A
9/30/20171,910257N/A541N/A
7/1/20171,871241N/A536N/A
4/1/20171,845221N/A454N/A
12/31/20161,816203N/A445N/A
10/1/20161,788245N/A371N/A
7/2/20161,776258N/A373N/A
4/2/20161,739267N/A415N/A
1/2/20161,702252N/A378N/A
10/3/20151,684237N/A387N/A
7/4/20151,651197N/A388N/A
4/4/20151,614162N/A335N/A
1/3/20151,581159N/A317N/A
9/27/20141,535132N/A304N/A
6/28/20141,501133N/A314N/A
3/29/20141,484119N/A320N/A
12/28/20131,460164N/A368N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CDNS's forecast earnings growth (13.9% per year) is above the savings rate (2.6%).

Earnings vs Market: CDNS's earnings (13.9% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: CDNS's earnings are forecast to grow, but not significantly.

Revenue vs Market: CDNS's revenue (12.4% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: CDNS's revenue (12.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CDNS's Return on Equity is forecast to be high in 3 years time (26.3%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:02
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 .

Analyst Sources

Cadence Design Systems, Inc. is covered by 39 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph VruwinkBaird
Ishan MajumdarBaptista Research
Gary MobleyBenchmark Company