CADENCE DESIGN SYS INC
CDNSNASDAQTrading Snapshot
- Day Range
- $333.30 β $348.60
- 52-Week Range
- $262.75 β $416.69
- Volume (shares)
- 2,723,589
- Avg Volume (shares)
- β
- Shares Outstanding
- 275.4M
- Next Earnings
- 2027-02-16
Fundamentals Snapshot
- Annual Revenue
- $5.30B
- Last Q Revenue
- $1.58B
- P/E Ratio
- 64.0
- P/S Ratio
- 15.1x
- EPS (TTM)
- $5.03
- Dividend Yield
- β
- Dilution (1yr)
- β0.5%
CADENCE DESIGN SYS INC
CDNSAbout CADENCE DESIGN SYS INC
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.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Ratings
βLatest News & Updates

Cadence Q3 Earnings Beat Estimates on AI Demand, Outlook Raised
CDNS beats Q3 earnings estimates as AI-driven demand fuels 22% revenue growth, record backlog and a raised full-year outlook.

Cadence Q3 Earnings Call Highlights AI Expansion and Higher Outlook
Cadence raises its 2026 outlook as AI adoption accelerates, agentic design tools gain traction, and a record backlog reflects expanding customer demand.

5 Things to Know Before the Stock Market Opens on Tuesday
Stock futures are pointing higher after a strong start to the week; Celestica is leading the AI trade higher after better-than-expected results; Nvidia agreed to invest $3 billion in Meta; JetBlue shares are rebounding f

Cadence Design Analysts Boost Their Forecasts Following Upbeat Q3 Earnings
Cadence Design Systems Inc (NASDAQ:CDNS) on Monday posted better-than-expected financial results for the third quarter.

Cadence Design Systems: 3 Key Takeaways for Long-Term Investors
Backlog reached a record $8.2 billion in the third quarter. Management raised full-year 2026 revenue growth guidance to 21%.

Cadence Design Systems Inc (CDNS) Q3 2026 Earnings Call Highlights: Record $8.2 Billion Backlog and 22% Revenue Growth Drive Raised Full-Year Outlook
Total Revenue: $1.633 billion in Q3, up 22% year-over-year.Core EDA Revenue: 20% year-over-year growth.IP Revenue: 24% year-over-year growth.SD&A Revenue: 30% y