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Cadence Design Systems (CDNS) Stock

Profile

Full Name:

Cadence Design Systems, Inc.

Sector:

Technology

Country:

United States

IPO:

10 June 1987

Description:

Cadence Design Systems, Inc. is a company that develops software for automating the design of electronic devices and provides engineering services. Cadence products are aimed at various types of design and verification: Virtuoso Platform - tools for designing integrated circuits. Encounter Platform - tools for designing digital integrated circuits. Incisive Platform - tools for simulation, functional verification of RTL. Verification IP. Allegro Platform - tools for collaborative design of integrated circuits and printed circuit boards. OrCAD/PSpice - tools for small design companies and individual developers. Cadence Design Systems, Inc. was founded in 1988 and is headquartered in San Jose, California.

Key Details

Price

$296.75

Annual Revenue

$4.09 B(+14.83% YoY)

Annual EPS

$3.82(+23.62% YoY)

PE Ratio

77.89(+2.64% YoY)

Beta

1.94

Events Calendar

Earnings

Next earnings date:

Feb 18, 2025

Recent quarterly earnings:

Oct 28, 2024

Recent annual earnings:

Feb 12, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Nov 17, 1997

Analyst ratings

Recent major analysts updates

13 Jan '25 Redburn Atlantic
Buy
13 Dec '24 Mizuho
Outperform
22 Nov '24 Wells Fargo
Overweight
11 Nov '24 Loop Capital
Buy
29 Oct '24 Rosenblatt
Neutral
29 Oct '24 Needham
Buy
29 Oct '24 Baird
Outperform
22 Oct '24 Mizuho
Outperform
15 Oct '24 Berenberg
Buy
07 Oct '24 Rosenblatt
Neutral

Market Data

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Institutional Ownership

Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock
Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock
Here is What to Know Beyond Why Cadence Design Systems, Inc. (CDNS) is a Trending Stock
CDNS
zacks.com24 January 2025

Users of Zacks.com have been paying a lot of attention to Cadence (CDNS) lately. Therefore, it's important to understand the key information that could influence the stock's future.

Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know
Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know
Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know
CDNS
Zacks24 January 2025

Cadence Design Systems (CDNS) closed at $324.52 on the most recent trading day, showing an increase of 0.94% from its previous closing price.

Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know
Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know
Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know
CDNS
zacks.com23 January 2025

Cadence Design Systems (CDNS) closed at $324.52 on the most recent trading day, showing an increase of 0.94% from its previous closing price.

Cadence to Boost Embedded Security Portfolio With Secure-IC, Stock Up
Cadence to Boost Embedded Security Portfolio With Secure-IC, Stock Up
Cadence to Boost Embedded Security Portfolio With Secure-IC, Stock Up
CDNS
zacks.com23 January 2025

CDNS plans to buy Secure-IC to enhance its range of reliable silicon-based IP solutions and promote innovation across the industry.

Here's Why Cadence Design Systems (CDNS) Fell More Than Broader Market
Here's Why Cadence Design Systems (CDNS) Fell More Than Broader Market
Here's Why Cadence Design Systems (CDNS) Fell More Than Broader Market
CDNS
zacks.com16 January 2025

On the most recent trading day, Cadence Design Systems (CDNS) closed at $298.90, which is a decrease of 0.61% compared to its last closing price.

Is Cadence (CDNS) a Buy as Wall Street Analysts Look Optimistic?
Is Cadence (CDNS) a Buy as Wall Street Analysts Look Optimistic?
Is Cadence (CDNS) a Buy as Wall Street Analysts Look Optimistic?
CDNS
zacks.com10 January 2025

Investors frequently rely on advice from Wall Street analysts when deciding whether to Buy, Sell, or Hold a stock. Although news about changes in ratings from these analysts can influence a stock's price, it's worth questioning how significant these recommendations truly are.

Cadence Design Systems (CDNS) Rises Higher Than Market: Key Facts
Cadence Design Systems (CDNS) Rises Higher Than Market: Key Facts
Cadence Design Systems (CDNS) Rises Higher Than Market: Key Facts
CDNS
zacks.com09 January 2025

Cadence Design Systems (CDNS) closed at $302.73 on the most recent trading day, showing a change of +0.35% from its previous closing price.

Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know
Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know
Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know
CDNS
zacks.com06 January 2025

In the most recent trading session, Cadence Design Systems (CDNS) finished at $308.14, which is an increase of 1.41% compared to the previous day.

Cadence Announces Fourth Quarter and Fiscal Year 2024 Financial Results Webcast
Cadence Announces Fourth Quarter and Fiscal Year 2024 Financial Results Webcast
Cadence Announces Fourth Quarter and Fiscal Year 2024 Financial Results Webcast
CDNS
businesswire.com03 January 2025

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence Design Systems, Inc. (Nasdaq: CDNS) is set to host a webcast for its fourth quarter and fiscal year 2024 financial results on Tuesday, February 18, 2025.

Cadence Design Systems (CDNS) Stock Moves -1.04%: What You Should Know
Cadence Design Systems (CDNS) Stock Moves -1.04%: What You Should Know
Cadence Design Systems (CDNS) Stock Moves -1.04%: What You Should Know
CDNS
Zacks31 December 2024

In the latest trading session, Cadence Design Systems (CDNS) finished at $301.86, showing a decrease of 1.04% compared to the day before.

FAQ

  • What is the primary business of Cadence Design Systems?
  • What is the ticker symbol for Cadence Design Systems?
  • Does Cadence Design Systems pay dividends?
  • What sector is Cadence Design Systems in?
  • What industry is Cadence Design Systems in?
  • What country is Cadence Design Systems based in?
  • When did Cadence Design Systems go public?
  • Is Cadence Design Systems in the S&P 500?
  • Is Cadence Design Systems in the NASDAQ 100?
  • Is Cadence Design Systems in the Dow Jones?
  • When was Cadence Design Systems's last earnings report?
  • When does Cadence Design Systems report earnings?
  • Should I buy Cadence Design Systems stock now?

What is the primary business of Cadence Design Systems?

Cadence Design Systems, Inc. is a company that develops software for automating the design of electronic devices and provides engineering services. Cadence products are aimed at various types of design and verification: Virtuoso Platform - tools for designing integrated circuits. Encounter Platform - tools for designing digital integrated circuits. Incisive Platform - tools for simulation, functional verification of RTL. Verification IP. Allegro Platform - tools for collaborative design of integrated circuits and printed circuit boards. OrCAD/PSpice - tools for small design companies and individual developers. Cadence Design Systems, Inc. was founded in 1988 and is headquartered in San Jose, California.

What is the ticker symbol for Cadence Design Systems?

The ticker symbol for Cadence Design Systems is NASDAQ:CDNS

Does Cadence Design Systems pay dividends?

No, Cadence Design Systems does not pay dividends

What sector is Cadence Design Systems in?

Cadence Design Systems is in the Technology sector

What industry is Cadence Design Systems in?

Cadence Design Systems is in the Software Application industry

What country is Cadence Design Systems based in?

Cadence Design Systems is headquartered in United States

When did Cadence Design Systems go public?

Cadence Design Systems's initial public offering (IPO) was on 10 June 1987

Is Cadence Design Systems in the S&P 500?

Yes, Cadence Design Systems is included in the S&P 500 index

Is Cadence Design Systems in the NASDAQ 100?

Yes, Cadence Design Systems is included in the NASDAQ 100 index

Is Cadence Design Systems in the Dow Jones?

No, Cadence Design Systems is not included in the Dow Jones index

When was Cadence Design Systems's last earnings report?

Cadence Design Systems's most recent earnings report was on 28 October 2024

When does Cadence Design Systems report earnings?

The next expected earnings date for Cadence Design Systems is 18 February 2025

Should I buy Cadence Design Systems stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions