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CDNS

Cadence Design Systems, Inc. (Nasdaq 100, S&P 500)

Technology — Software - Application

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. In addition, the company's design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.

Strong Buy 1.4 / 5 26 analysts
$350.73
+$20.54 (+6.22%)
Target: $405.47 (15.6%)

Price History

52-Week Range
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Fundamentals

Market Cap$96.59B
P/E Ratio (TTM)69.87
Forward P/E36.66
EPS (TTM)$5.02
Dividend Yield-
Profit Margin23.61%
Revenue Growth24.20%
ROE23.23%
Debt/Equity38.66
Recommendation Strong Buy 1.4
Analyst Target$405.47
Analysts26
Next Earnings Jul 27, 2026 AMC
Indexes Nasdaq 100 S&P 500

Technical Indicators

RSI (14)81.6
Beta1.14
SMA 20$301.20
SMA 40$313.73
52-Week High$416.69
52-Week Low$262.75
50-Day Avg$317.90
200-Day Avg$325.39
Avg Volume$2.38M
Volume$3.28M

Performance Analysis

BULLISH

CDNS shows predominantly bullish signals based on its fundamentals and technicals.

~ Trading at 57% of its 52-week range.
- RSI at 81.6 indicates overbought conditions — a pullback may be due.
+ Price is above both the 50-day and 200-day moving averages — strong uptrend.
- P/E of 69.9 is elevated — the market expects high growth or it may be overvalued.
+ Strong revenue growth of 24.2% year-over-year.
+ Healthy profit margin of 23.6%.
+ Wall Street consensus is "Strong Buy" from 26 analysts.
+ Average analyst target of $405.47 implies 15.6% upside.

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Last updated: Oct 01, 2026 21:00 UTC

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