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CDNS Company Profile and Key Details

NASDAQ : CDNS

Cadence Design Systems

$389.04
1.65+0.43%
At Close 4:00 PM
56.49
B-ESG ScoreESG Rating

Price Chart

Stock Price Today

Cadence Design Systems, Inc. (CDNS) stock surged +0.43%, trading at $389.04 on NASDAQ, up from the previous close of $387.39. The stock opened at $387.03, fluctuating between $378.20 and $392.00 in the recent session.

Stock Snapshot

387.39
Prev. Close
107.3B
Market Cap
378.2
Day Low
90.47
P/E Ratio
4.3
EPS (TTM)
4.49
Cash Flow per Share
387.03
Open
275.82M
Number of Shares
392
Day High
99.59%
Free Float in %
13.23
Book Value
2.95M
Volume

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SEC Fillings

Current Report (8-k)

Filing DateAccepted Date

Annual Report (10-k)

Filing DateAccepted Date

Stock Price History Chart

DateOpenHighLowCloseVolume
Jun 22, 2026392.00392.00378.20389.042.95M
Jun 18, 2026391.10401.18385.43387.396.87M
Jun 17, 2026388.43403.38386.46389.602.37M
Jun 16, 2026387.19398.27387.19387.851.59M
Jun 15, 2026391.00397.82389.33394.501.83M
Jun 12, 2026381.22389.80375.94384.961.36M
Jun 11, 2026382.00389.54377.21383.742.07M
Jun 10, 2026383.45399.23382.00385.131.77M
Jun 09, 2026396.66406.67377.11390.902.55M
Jun 08, 2026383.00396.71381.85394.242.42M
Jun 05, 2026402.00407.00373.54376.193.4M
Jun 04, 2026407.73415.83401.93411.682.98M
Jun 03, 2026410.00411.04401.03408.002.84M
Jun 01, 2026393.00414.92383.94414.164.43M
May 29, 2026375.00378.04372.28374.933.04M
May 28, 2026374.88379.05366.99373.851.91M
May 27, 2026378.95383.80370.35374.052.35M
May 26, 2026380.00383.24369.62381.751.96M
May 22, 2026361.88381.55361.54373.592.18M
May 21, 2026349.88362.21347.56358.461.74M

Contact Details

San Jose, CA 95134

United States

https://www.cadence.com408 943 1234

About Company

Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.

Company Information

Employees12837
Beta1.15
Sales or Revenue$4.09B
5Y Sales Change%0.944%
Fiscal Year EndsDecember
SectorTechnology
IndustrySoftware - Application

Company Overview

Cadence Design Systems, Inc. (NASDAQ:CDNS) closed at $389.04 USD, gaining $1.65 (0.43%) from the previous close of $387.39. The stock is currently mid-range between its 52-week high and low $262.75 and $416.69. With a market capitalization of about $107.30 billion, Cadence Design Systems, Inc. is classified as a large-cap and shows market-like volatility (beta ~1.15). Key stats such as the average daily volume over the past year has been around 2.46 million shares, in line with its 52-week average. Headquartered in San Jose, CA, Cadence Design Systems, Inc. operates in the Technology sector and the Software - Application industry. Led by CEO Anirudh Devgan, the company employs approximately 12,837 people and listed since June 10, 1987. Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks.

Technical Performance

Short-term trend indicators are bullishly aligned (SMA20 2.44%, SMA50 -2.86%, SMA200 -8.12%). The stock’s 14-day RSI is 49.83 (neutral), while the ATR of 13.49 points to higher daily volatility. The stock remains sitting in the mid-range of its 52-week band, trading -20.94% below its high and over 34.32% above its low. Average 10-day trading volume of 3.12 million shares is slightly above the 3-month average of 2.43 million, indicating heightened recent market interest.

Valuation Metrics

Cadence Design Systems, Inc. trades at a P/E ratio of 89.84, slightly above the S&P 500 average, with a price-to-sales ratio of 19.32 and a price-to-book ratio of 16.06 reflecting a rich premium to book value. The P/FCF stands at 74.69, also above market averages. Compared to sector medians, Cadence Design Systems, Inc. P/S is trading rich, and the P/B is far lower than peers, underscoring the brand and earnings power premium investors assign to the stock.

Dividend & Fair Value

Cadence Design Systems, Inc. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $147.54. This means the shares are trading above this model’s fair value.

Earnings & Analyst Outlook

Cadence Design Systems, Inc. generated EPS of $4.06 over the past year. Five-year average earnings growth is 13.95%. Wall Street analysts project EPS growth of 13.91% annually over the next five years. The latest quarter delivered EPS of $1.96. The next quarter is forecast at $1.91. Next year's EPS is expected at $15.09. Analyst sentiment is bullish. Analyst rating data shows there are 16 Strong Buy ratings, 17 Buy ratings, 8 Hold ratings, 0 Sell rating and 1 Strong Sell ratings. Price targets range from $432.00 to $225.00. The high target offers 11.04% upside. The low target suggests -42.17% downside. The mean target is $375.55. This offers -3.47% upside. Cadence Design Systems, Inc. earnings surprise history is a consistent trend of beating forecasts. The quarter that ended April 27, 2026, missed forecasts by 2.62%. The prior quarter beat by 4.19%. Over the last six quarters, Apple has recorded several small beats. These include 3.3% in February 18, 2025.

Shareholding & Insider Activity

Cadence Design Systems, Inc. has 272.49 million shares outstanding. The public float is 271.40 million shares, elevated short interest at 1.53% of float. This equals 3.69 million shares. The short ratio is 2.13 days. Institutional investors hold 90.73% of the float. Insiders own 0.32%. TAN LIP BU holds 619.37 thousand shares, DEVGAN ANIRUDH has 253.52 thousand shares and BECKLEY THOMAS P has 155.03 thousand shares. Over the past six months, insider transactions show net selling. They sold 184.12 thousand shares across 20 transactions.

Frequently Asked Questions

What is the current Cadence Design Systems, Inc. (CDNS) stock price?
Cadence Design Systems, Inc. (NASDAQ: CDNS) stock price is $389.04 in the last trading session. During the trading session, CDNS stock reached the peak price of $392.00 while $378.20 was the lowest point it dropped to. The percentage change in CDNS stock occurred in the recent session was 0.43% while the dollar amount for the price change in CDNS stock was $1.65.
CDNS's industry and sector of operation?
The NASDAQ listed CDNS is part of Software - Application industry that operates in the broader Technology sector. Cadence Design Systems, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of CDNS?
Mr. Paul Cunningham Ph.D.
Senior Vice President & GM of the System and Verification Group
Dr. Anirudh Devgan Ph.D.
Chief Executive Officer, Pres & Director
Dr. Chin-Chi Teng Ph.D.
Senior Vice President and GM of the Digital & Signoff Group
Mr. James Haddad
Corporation Vice President of Corp. Fin. & Treasurer
Mr. Thomas P. Beckley
Senior Vice President and GM of Custom IC & PCB Group
Mr. Ariel Sella
Co-Founder
Mr. Aneel Zaman
Senior Vice President & Chief Revenue Officer
Mr. John M. Wall
Senior Vice President & Chief Financial Officer
Ms. Karna Nisewaner
Corporation Vice President, Gen. Counsel & Sec.
Mr. Lip-Bu Tan
Executive Chair of the Board
Mr. Richard Gu
Vice President of Investor Relations
Ms. Christina Rooke Jones
Senior Vice President of Global HR
How CDNS did perform over past 52-week?
CDNS's closing price is 48.06% higher than its 52-week low of $262.75 where as its distance from 52-week high of $416.69 is -6.64%.
How many employees does CDNS have?
Number of CDNS employees currently stands at 12,837.
Link for CDNS official website?
Official Website of CDNS is: https://www.cadence.com
How do I contact CDNS?
CDNS could be contacted at phone 408 943 1234 and can also be accessed through its website. CDNS operates from Building 5, San Jose, CA 95134, United States.
How many shares of CDNS are traded daily?
CDNS stock volume for the day was 2.95M shares. The average number of CDNS shares traded daily for last 3 months was 2.46M.
What is the market cap of CDNS currently?
The market value of CDNS currently stands at $107.30B with its latest stock price at $389.04 and 275.82M of its shares outstanding.
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