CDNS logo

CADENCE DESIGN SYS INC

CDNSNASDAQ
πŸ† #163 by market capEarnings Feb 16 Β· PostUS Equity
$342.46β–Ό $0.62 (βˆ’0.18%)
πŸŒ™ After hours$339.00β–Ό 1.01%Regular close Β· extended-hours price shown
πŸ””
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24hβ–Ό 0.2%
7dβ–² 5.0%
14dβ–² 3.9%
30dβ–² 4.8%
ytdβ–² 9.5%
1yβ–² 0.3%
🏦Market Cap
$94.31B
Mid Cap
πŸ“ˆRevenue Growth (YoY)
14.7%
Healthy
πŸ“ŠGross Margin
85.9%
High
πŸ’΅FCF Margin
28.6%
Strong
βš–οΈP/S Ratio
15.1x
Expensive
Otter Score
64
Fair

Trading Snapshot

Day Range
$333.30 – $348.60
52-Week Range
$262.75 – $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)
βˆ’0.5%
CDNS logo

CADENCE DESIGN SYS INC

CDNS
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$5.3Bβ–² +14.1% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
86.4%β–² +0.4% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$1.6Bβ–² +22.1% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$1.6Bβ–² +41.9% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
272.9Mβ–Ό βˆ’0.5% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$521Mβ–² +$462M YoY
StockOtter Β· stockotter.space

About 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.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
64/100

Analyst Ratings

β“˜
Consensus
Buy
31 analysts
Strong Buy9
Buy20
Hold2
Sell0
Strong Sell0
Ratings as of Oct 2026

Latest News & Updates

Zacks Investment ResearchΒ·1d ago

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.

Zacks Investment ResearchΒ·1d ago

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.

InvestopediaΒ·1d ago

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

BenzingaΒ·1d ago

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.

The Motley FoolΒ·1d ago

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%.

GuruFocusΒ·1d ago

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